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Last seen: Nov 15, 2022
@ohadost Think I'm at a higher Delta than Big ERN and he us closer to your contract price. I try to follow the model, so today I look for around $0.7...
At the close, I sold tomorrows 3855 Put for $75 at around 3.7 delta. SPX at the time was around 3957.
@earlyretirementnowcom love the 6 expirations, but I'm scared to have double open over Thursday night..
@earlyretirementnowcom Interesting approach. Reduce risk by going down to 6 contracts, but now you have 12 open overnight. 'Feels' safer to sell t...
@chris-b Wow 7.7% would kill housing prices. What do you mean by juicy yields are coming?
@earlyretirementnowcom those Friday AM expirations (the monthly, I think) seem too good to be true. Wish I could trade that every week. After the open...
I got some pain. Woke up and could have closed my trade with 75% of the profit and avoided any impact of CPI. I didn't do that and ended up ITM...I'...
Should be some bigger Vol (and premium) at close based on CPI announcement tomorrow before the open.
@earlyretirementnowcom think GDP announcement on 28th is a concern? Likely will be the second qtr of negative growth, so in recession.
I agree those overnights on Monthly options do seem wild. I must be missing something, but I'certainly going to sell those. I like that approach to...
@sl0244 I certainly agree with you, and was mostly documenting the different options. How are folks trading the monthly with Friday AM close? Is it...
Had a small hiccup at the close last Thursday and ended up 7pts in the red. SPX really dropped at the very end. Last couple sessions have been real...
Some data on 1DTE vs. 2DTE (from 1530 EST) 1DTE, 150pts OOM, $0.70, 2.4 Delta 2DTE, 220pts OOM, $1.00, 2.4 Delta 2DTE, 195pts OOM, $1.40, 3.4 De...
Any thoughts on how to include monthly AM closes with 1DTE options? I might sell Thursday AM (for Friday AM close), if the prior day sell looks safe...
That is what I need to do, but I need the discipline to take daily income in that range. I've been selling too high, since it feels safe when you ar...