Update (12/31/2022):
It seems that new users have trouble registering for the forum. The confirmation email never shows up. I’ve decided to phase out this forum and transition over to a new forum plugin. The new location is here:
https://earlyretirementnow.com/forum-3/
Policies – please read!
- Everyone can read posts, but to start a new topic or add a reply you’d need to register. To create an ID, please verify your email address. You will get a link at that email address and you can then pick a password.
- Be courteous to others. Treat others like you like to be treated. Discuss the issues. No ad-hominem attacks!
- It’s OK to include external links if they are relevant. But please avoid spamming! Please no affiliate links.
- Before starting a new topic, please check if that question/topic has been discussed before already and add to that discussion instead of starting a new topic.
- If you’ve written a cool blog post that you want to share with others please post this in the “Self-Promo” category only!
- Please read the usual Disclaimers and the Privacy Policy!
- The forum policies may be amended in the future!
Last seen: Nov 15, 2022
Five minutes before close, sold Monday 4025 Strike for $1.05, which was 3.1 delta and 19 IV. Market was at 4178. Ran against me into the close:(
@nobatmanjokes nice!
@mpaziran my SPX puts take about 45-50k of margin per contract. Back to your question, simple answer is to buy back the old put and sell the next 2DT...
At 1030 EST, sold Monday 4000 Strike for $1.50, which was 3.2 delta and 23 IV. Market was at 4183
@mpaziran do you have portfolio margin? When I had smaller account, I would just trade a vertical to reduce the margin impact. I liked having down...
Any idea why MHD jumped up today even on ex-div date?
Agreed on trying to calm fears about any over reaction, but not sold this is a temporary spike.
Fed Meeting on Wednesday, so maybe some higher VIX today.
Sold 4185 strike near the market close for $0.95. Moderate inflation (2-5%) is likely good for stocks, since most have debt that is devalued and shou...
@Alex Check IB SPX Put thread for a list of possible preferred. Personally, I only have muni CEFs right now due to tax rates, but will get into Prefe...
@alex if rates go up and NAV declines, tax loss harvest into a different CEF or fund. My plan (roughly as ERN suggests) is to hold 5-6% in cash for ...
@nobatmanjokes hate long weekends, since risk feels higher (1 more day for something crazy) and premiums are lower. Been selling around $1-1.10, so ...
@earlyretirementnowcom Got it! Not sure why I thought preferred we're taxed like ordinary income or interest. I'm certainly in 15% bracket for divide...
@earlyretirementnowcom my take is munis are better when working with tax bracket (state and local) pushing 30%. I'm around 4% blended on munis, which...
I'll need to spend some time on that one and makes me want to be better with data and Python. Is the VEX and GEX predictive, which could help side s...