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Last seen: Oct 20, 2022
@nobatmanjokes I've been testing out naked calls with puts since there's been consistent up days. I sold the put today for .60 at 4070 strike. Sold ...
What percentage away from the underlying were you setting your strikes when VIX was below 15? I can imagine with where sp500 is at right now and if VI...
@nobatmanjokes Thanks for confirming!
I'm looking at the report for all my realized gains on put sales and everything is showing under "S/T Profit." Is it suppose to show a 40/60 split bet...
My 4/5 expiration is way OTM so I decided to sell a same day expire for .30. I will wait till closing to sell a 4/7 expire and target around 2 delta ....
@nobatmanjokes SPX...once I've gotten a few put sales under my belt then I plan on adding on one ES. Yea, if VIX continues to trend down then we wil...
BTW...Big ERN recommended reading the book "Derivatives: Markets, Valuation, and Risk Management" by Robert Whaley to get a broad overview of derivati...
I ended up doing the 3905 strike at 0.50. 2 Delta
Premiums look really low today with VIX currently at 18 and the index shooting to all time highs. Whats everyone's strikes today?
Thank you both. I'll do some more research tomorrow and will probably start off with 5 individual floating rate preferred and eventually add another 5...
@earlyretirementnowcom Any thoughts on PFFV for my preferred shares allocation? Its still very new (inception date 6/22/20) but it tracks a bro...
Thank you both for the detailed explanation! I still have a lot to learn!
@nobatmanjokes No arbitrage meaning the margin cash can not be invested?
My option that expires today is way OTM (Delta and Theta=0) so I decided to sell new options early. 3820 strike for $0.90. VIX= 19 Delta= 3.3. I too...