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u/satireplusplus 1 day ago Discussion pinned

Daily r/thetagang Discussion Thread - What are your moves for today?

Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.
318 comments held Reddit says 1 on reddit ↗
  1. u/MostlyH2O 1 1 day ago
    ❌FRIENDSHIP ENDED WITH TABLE ❌ NOW CAR IS MY NEW BEST FRIEND 🚗 🤝🏻🫄
  2. u/Low_Leg_6556 1 1 day ago
    You got the Porsche??
  3. u/MostlyH2O 1 1 day ago
    No not yet.
  4. u/Alive_Bid7229 1 1 day ago
    So you still have no friends?
  5. u/MostlyH2O 1 1 day ago
    I've got you, don't I?
  6. u/Alive_Bid7229 1 1 day ago
    Eh. If you were getting something cool like a 70 Chevelle, maybe.
  7. u/TrueCapitalism 1 1 day ago
    Gonna finally pry those pennies off the hot tar before the steam roller gets me
  8. u/Mzungufarmer 1 1 day ago
    My new citizen watch got stolen, gotta gamble with csps to make my money back lol
  9. u/MostlyH2O 1 1 day ago
    Bummer man. How did that happen so fast?
  10. u/Mzungufarmer 1 1 day ago
    Stupid me in the first place moving it to an outer pocket because I was going to use it shortly. I was supposed to have the vehicle to myself so I put it in the backseat, then the driver grabbed 4 people because the other vehicle broke down...i had been awake since 1am because of flights and didnt even think about it. Really no one to blame but myself, thankfully I didn't buy the longines or omega panda I originally planned. Also a small price to pay considering I made it through Bogota mostly unscathed lol.
  11. u/temperature_5 1 1 day ago
    You lost that money the moment you bought the watch.
  12. u/Oneitised 1 1 day ago
    You could say that about a lot of purchases such as a galaxy watch 6….
  13. u/Mediocre-Disk-4284 1 1 day ago
    Any advice to a good YouTube channel to learn theta gang strategies ?
  14. u/MaxCapacity 1 1 day ago
    Mike and His Whiteboard 
  15. u/Mediocre-Disk-4284 1 1 day ago
    Thank you mate
  16. u/IntegralVertex 1 1 day ago
    Hi Mike
  17. u/Creebe 1 1 day ago
    Mikey Millions
  18. u/alkjdasoad 1 1 day ago
    Bears, please don't look at this comment. Seriously. We're entering three seasonally strong quarters for the S&P 500 in 4-year cycle. Next 3 quarters are literally the strongest of the cycle. $SPX Q1 next year alone averaged 7.4%, with 95% positivity rate.
  19. u/[deleted] 1 1 day ago

    [removed] — already gone when the archive first saw it

  20. u/[deleted] 1 1 day ago

    [removed] — already gone when the archive first saw it

  21. u/IntegralVertex 1 1 day ago
    Bers
  22. u/[deleted] 1 1 day ago

    [removed] — already gone when the archive first saw it

  23. u/Big_Refrigerator4587 1 1 day ago
    Looks like my RKLB CC at $84 is safe. I was hoping it would get assigned short $70 puts too
  24. u/CattleOk7674 1 1 day ago
    Idk but I’ve seen it move more and random days with no news than on this ER lmao
  25. u/-sakuranbo 1 1 day ago
    Russell had a flat day, and I collected about $50 in theta from 0DTE calls Sold another call before closing bell for about $80, but if it gets called away, then honestly I can't complain. What I'm worried about is when it falls enough that there's little-to-no extrinsic value in the strikes I actually need. I guess that's a sign my cost basis is too high?
  26. u/Mister__Mediocre 1 1 day ago
    I'm out. I fed all my transactions to ChatGPT to create a risk dashboard for me and it made me realize that if there was a 2020 style crash, I'd certainly get margin called. I've clearly been underestimating my risks and for that reason, I'm out.
  27. u/-sakuranbo 1 1 day ago
    Not sure what your situation is, but I find it helpful to look at so-called "cashdelta" and "cashgamma" as metrics. The idea being: what does your portfolio's delta and gamma translate to in cash exposure? That and looking at 10% change, 30% change, etc.
  28. u/IntegralVertex 1 1 day ago
    I asked chat gpt about the same and it told me about 1930s crash, have been using only checking account since then
  29. u/Terrible_Champion298 1 1 day ago
    There is Fear. And then there's Realistic Fear. Choose wisely. Brokerages, who have a lot of $$ and generally know what they're doing, employ realistic fear as that applies to only requiring < 50% margin on most naked calls. Why? Because the likelihood of rampant squeeze scenarios is Rare, and they make more $$.
  30. u/charlesleestewart 1 1 day ago
    I think you have the right idea. Tiptoe back in incrementally when you you fully understand the impacts of margin and leverage.
  31. u/Mister__Mediocre 1 1 day ago
    Yeah. I did this exercise because I noticed a pattern: Every time there was a dip, I was becoming fearful. But that's precisely when I want to have a big buffer to buy at a discount. Selling LEAP puts felt like free money (and has been fairly profitable), but I'm losing too much sleep over this and never able to buy at the bottom.
  32. u/drl136 1 1 day ago
    No trades done for the past week. Sitting this one out and not forcing myself into anything. Testing my discipline here, hoping I'm right.
  33. u/mdizzle109 1 1 day ago
    same, it’s hard but I just focus on other hobbies while I wait
  34. u/Pharmacologist72 1 1 day ago
    Sit on my ass today and do nothing.
  35. u/luisluis966 1 1 day ago
    What’s the plan for today? Nothing much from me. Waiting for CPI tomorrow
  36. u/AdventurousPea6649 1 1 day ago
    Will be in line, market pumps
  37. u/IntegralVertex 1 1 day ago
    Watch the beautiful lines
  38. u/Runrun1289 1 1 day ago
    Hoping for a flat day :) Have a chunk of reddit csps in place for end of this week and another chunk for end of the month that I want to see expire worthless lol
  39. u/Terrible_Champion298 1 1 day ago
    SMCI ER tomorrow ah, and all that goes with that.
  40. u/jonnycoder4005 1 1 day ago
    Sellin' AI vol, mainly wide ICs on right now.
  41. u/MostlyH2O 1 1 day ago
    Are you doing single stock futes?
  42. u/jonnycoder4005 1 1 day ago
    0.018 Theta to Net Liq Ratio, 37% BP used, 5400 Extrinsic, 112 Theta, 6 SPY-Beta Weighted Deltas
  43. u/mdizzle109 1 1 day ago
    ah green again, see ya tomorrow
  44. u/Waiting4Reccession 1 1 day ago
    Pakistan rumors of usa/iran deal 📈 Actual news of usa striking ships 😴
  45. u/banditcleaner2 1 20 hours ago
    Stairs up, elevator nowhere
  46. u/Terrible_Champion298 1 1 day ago
    **SMCI** ER tomorrow ah. I have low delta pcs below and two higher delta cc above the current 32-ish. Will be watching for more opportunity or correction there the next 2 days. SMCI has trended up \~10% over the last 10 days, meaning in current event terms that it could beat/beat and still lose, and Wall Street would not be readjusting funds. So say I.
  47. u/jonnycoder4005 1 1 day ago
    Yeah I got a little put spread on in there, super small. SMCI Sep18 +20p/-25p for $1.11
  48. u/MostEscape6543 1 1 day ago
    I'm glad I'm not the only degen farming this dogshit stock. I feel like it's safe to sell puts at $28 and below even with mediocre report. Though I suspect it will be a good report. for CCs, I have short some 34C at the moment and I think a good report might push to $38-40 so...yah. I might open some more puts today depending on price action.
  49. u/Terrible_Champion298 1 1 day ago
    I'm not here to marry the stocks; I'm here to make money with them. If that's possible, they could be pedophile supporters blocking the access to the Epstein Files and I'm still in.
  50. u/MostEscape6543 1 1 day ago
    This stock has made me so much money over the last 18 months.
  51. u/Terrible_Champion298 1 1 day ago
    I got E.F. into a trading post, I’m good. 😉
  52. u/Xerlic 1 1 day ago
    It's today AH, no?
  53. u/Terrible_Champion298 1 1 day ago
    Doh! Yes it is. I’m apparently reliving yesterday. Thesis remains the same. Waiting it out, took profit yesterday … I think. 🤣
  54. u/MostlyH2O 1 1 day ago
    Should get a little bit of vega working for me in RKLB. NVDA puts I wrote yesterday should lose some value Yesterday I closed W, BX puts for profit. Might write some more DRAM puts. I have a lot of BP right now.
  55. u/AirlineSubject5477 1 1 day ago
    I am neck deep in DRAM else would be sweet to sell some more puts.
  56. u/charlesleestewart 1 1 day ago
    I'm trying to get long vega work for me before CRWV earnings and then short afterwards. Trying to have it both ways 😅
  57. u/CattleOk7674 1 1 day ago
    BTC GEV 900P @0.95 (+2.05) Basically opened this one to pay for this weeks gas
  58. u/Terrible_Champion298 1 1 day ago
    Cool. Other "stuff" working out for you, too?
  59. u/CattleOk7674 1 1 day ago
    Not really tbh, premiums are dry and I’m sitting on CCs for a bunch of stocks I got assigned to. Still got a WDC 395P waiting to get closed for 1, some HOOD 90P and RDDT 21/08 140P. I should say Goodbye to a chunk of shares on friday so I’ll reassess then You ?
  60. u/Terrible_Champion298 1 1 day ago
    Meant the pain clinic business, but that’s a personal matter. irl, I’ll assert myself into my older friends lives about such matters because it’s a good thing for us to pay attention foe quality of life. I’ve seen it go badly for oldsters a few times. When people mention pain clinic, I like to nudge them in that direction. It’s a positive step AND I don’t have to be preachy. My trading is going well; took a mild beating in July in a number of personal areas but was able to stay fairly level in trading with new profit. The only time I’m flashy is when I misinterpret things like Fidelity’s tolerance of my Limited Margin status. I can understand and manipulate complicated trading matters but often screw up the most simple of things. Imajeanius!!!
  61. u/CattleOk7674 1 1 day ago
    Ohh right, I’m waiting to get back to the UAE this week, I need to ask for a disability card there so I’ll sort everything at once, nice of you to ask :). Apparently pain clinics really do wonders but I don’t want to get my hopes too high, we’ll see where it gets I can relate, sometimes the easiest things turn into the hardest, especially when you get too comfortable
  62. u/Waiting4Reccession 1 1 day ago
    I got scared for a second looking at the aaoi put i sold yesterday because of the expiration date - I couldn't remember that 8/21 actually is next Friday haha. This year has gone by so fast.
  63. u/jonnycoder4005 1 1 day ago
    BTC, SMCI Put spread +40%
  64. u/MostEscape6543 1 1 day ago
    My man.
  65. u/jonnycoder4005 1 1 day ago
    Getting back to trading small
  66. u/MostEscape6543 1 1 day ago
    I was out for a while, everything OK?
  67. u/jonnycoder4005 1 1 day ago
    Work's just been crushing me lately. Been on software/infrastructure re-architecture for a client for the past 8months. This weekend the final chunk of work goes to production. God... I can't fucking wait. Still trading just not posting as much.
  68. u/Terrible_Champion298 1 1 day ago
    I will personally take charge of making failed degen fictional short stories about you. No worries.
  69. u/charlesleestewart 1 1 day ago
    Hey you got me interested in copper. Any action with that lately. I've heard it's doing things.
  70. u/jonnycoder4005 1 1 day ago
    Not trading it now, but hey, go long.
  71. u/Terrible_Champion298 1 1 day ago
    Coward! 😂 I took profit yesterday on the 26.5/24.5 8/21 pcs. The CCs are not currently showing profit. Not sure why, I'm usually not into ER as a money play, but I want this one.
  72. u/jonnycoder4005 1 1 day ago
    STO, Strangle, Aussie Dollar Futures, /6AZ6 Oct9 -0.69p/-0.72c for .00530pts, or $5.30
  73. u/IRON_CONDOR_Praguer 1 1 day ago
    lets go Lisa
  74. u/IntegralVertex 1 1 day ago
    Which Lisa? 😄
  75. u/Numerous-Stand-1841 1 1 day ago
    Lisa Ann
  76. u/IntegralVertex 1 1 day ago
    Lisa Ann Witch?
  77. u/MostlyH2O 1 1 day ago
    Now that's a name I haven't heard in a long, long time.
  78. u/usuallyalurker11 1 1 day ago
    That name sounds familiar
  79. u/r_ventura_23 1 1 day ago
    Figjt back Lisa
  80. u/mdizzle109 1 1 day ago
    turtle
  81. u/IntegralVertex 1 1 day ago
    What is happening with the APP a month ago mentioned there was a reason why premiums were so high and I got downvoted, well
  82. u/Terrible_Champion298 1 1 day ago
    It was your turn. If you had yellow Crocs, it'd be worse.
  83. u/IntegralVertex 1 1 day ago
    Heh all good man, I like when upvote/downvote is reasonable and not “rigged” 😄
  84. u/hv876 1 1 day ago
    Because of this all this stupid low vol and all, just rebalancing my brokerage to VTI/VXUS vs. 3 funds before. Keeping cash ready to restart trading later in fall.
  85. u/IntegralVertex 1 1 day ago
    VOO/SPYM vs VTI all day
  86. u/MostlyH2O 1 1 day ago
    RSP
  87. u/MostlyH2O 1 1 day ago
    BX and OWL both pumping. Told you guys.
  88. u/Terrible_Champion298 1 1 day ago
    You did, indeed. I looked and did not have the heels to participate.
  89. u/Ohm_Shanti 1 1 day ago
    I really wish I had BP to go in on shared on both back when you first mentioned it :/
  90. u/CattleOk7674 1 1 day ago
    Nice plays
  91. u/MostlyH2O 1 1 day ago
    Htz is pumping
  92. u/BeepGoesTheMinivan 1 1 day ago
    spy 8k not a meme, would have lost it all if i made a bet 8k by EOD, crazy.
  93. u/MostlyH2O 1 1 day ago
    STO 1x Sept VLO 280P @$3.40
  94. u/MostlyH2O 1 1 day ago
    RKLB is green
  95. u/MostEscape6543 1 1 day ago
    I forgot to check it at open this morning - I was planning on scalping some short puts. Sadge.
  96. u/imacompnerd 1 1 day ago
    Things feel relatively calm to me in the market. I've been able to close things out, but still having trouble finding new things to STO. I've found a few here and there, but mostly waiting at the moment. I've realized around $38,000 in theta based profits so far this week, but again, that's from closing existing positions. Screenshot: https://imgur.com/a/QzjxX8O In any event, just keeping you all updated.
  97. u/Grouchy-Tomorrow3429 1 1 day ago
    Same here. I closed out 4 positions in the last week but haven’t STO any.
  98. u/wonatathyme 1 1 day ago
    Not opening any more puts on BE?
  99. u/Salt-Payment-991 1 1 day ago
    looking to BTC BULL AUG21'26 9 call at 0.03 today, would be around 85% realized profit which feels good with earnings next week.
  100. u/devoskitchen 1 1 day ago
    STO GDX 9/18 80p @ 1.39
  101. u/Allspread 1 16 hours ago
    I like that one but I’m waiting for 30DTE for GDX. Gapped way up
  102. u/Thehealthygamer 1 1 day ago
    It's like the entire market is just holding its breath today. Not sure if I'm excited for when that breath releases lmao. Guess it's a good day of Theta decay for all my open positions.
  103. u/es_cl 1 1 day ago
    Robinhood options watchlist isn’t working 😡 
  104. u/usuallyalurker11 1 1 day ago
    It's been lagging a bit since morning idk why. PUTS!
  105. u/Waiting4Reccession 1 1 day ago
    no lists are working lol, even in thier lame legend mode, base website is fucked since forever though so im not surprised on that one.
  106. u/es_cl 1 1 day ago
    I exclusively trade in fidelity (all of my accounts are there except 403B because my workplace uses Transamerica) I do use robinhood’s options watchlist and the return simulator feature. 
  107. u/PolyPulseNet 1 1 day ago
    Quick 41% scalp for 1 day - didn't plan for this quick profit. Otherwise nothing much to do today BTC LITE 1370C Sep-18 paying 6.00 debit.
  108. u/SporkAndKnork 1 1 day ago
    IV kinda dun dried up, so good time to mow the lawn ... .
  109. u/MostlyH2O 1 1 day ago
    It's out there if you know where to look. Refiner IV looks fantastic right now.
  110. u/SporkAndKnork 1 1 day ago
    I ran my usual IVR/IV screeners on ETF's and single name ... . It's possible that I'm being too picky on the IVR end of the stick.
  111. u/Waiting4Reccession 1 1 day ago
    Contractor late - they missed the appointment so its going to be tmmrw now. I even called back to confirm yesterday lol. Shouldve just done my spx trades instead
  112. u/MostlyH2O 1 1 day ago
    🎶I'm waiting for my man $26 in my hand You're always early He's always late First thing you learn is the you've always got to wait🎶
  113. u/Terrible_Champion298 1 1 day ago
    That's a pretty good yet obscure Velvet Underground song. Imo, Bowie did it better sometime in his, "TVC 15," era. Obscure cut, I collect them.
  114. u/mdizzle109 1 1 day ago
    I’m always pleasantly surprised by the breadth of your musical references
  115. u/MostlyH2O 1 1 day ago
    I do my best!
  116. u/SwimmingHungry8182 1 1 day ago
    BTC Aug 14 RKLB 3 -3x73/+2x74 Put Ratio Spreads, BTC Aug 14 RKLB 4 -3x74/+2x75 Put Ratio Spreads, BTC Aug 14 RKLB 3 -3x93/+2x92 Call Ratio Spreads, BTC Aug 14 RKLB 2 -3x95/+2x94 Call Ratio Spreads, For a Net Credit of +$961.72. I also still have a perfectly equidistant "batman" for ASTS that I will just let decay since it is still margin efficient. Planning to use my newly freed up margin to squeeze out CRWV end of day with a Vega/Volatility play.
  117. u/Soger91 1 1 day ago
    Bet your butt cheeks could turn a turd into diamond watching that overreaction AH!
  118. u/SwimmingHungry8182 1 1 day ago
    Indeed. Had some faith in rebound, however, and decided to sleep in this morning in anticipation. Well, that, and my buttcheeks have also been iron-pressed due to stuffing them with 0DTE SPX Credit Spreads back when I was a degenerate, thereby training me for moments such as these lmao.
  119. u/Soger91 1 1 day ago
    Lmao this is a breeze for you then. I also gave up in SPX spreads...nothing like watching months of theta tendies evaporate from one bad 100 point spread. I'm still holding RKLB. Closed my weekly 95c, gonna wait out the 80c and let them expire worthless.
  120. u/alkjdasoad 1 1 day ago
    CPI day tomorrow. Lower oil prices accounted for -0.35% of last month's -0.4% inflation print. But in July, oil was up 25%. That setup could pull the S&P 500 lower tomorrow.
  121. u/MostEscape6543 1 1 day ago
    Where is my perma bull today?
  122. u/IntegralVertex 1 1 day ago
    Nooo
  123. u/Terrible_Champion298 1 1 day ago
    It's good that we modulate our living expenses with the bodies of the dead. 😞
  124. u/MostEscape6543 1 1 day ago
    STO 2x DRAM 47P exp 8/21 $0.92 STO 5x SMCI 27P exp 8/14 $0.59
  125. u/Terrible_Champion298 1 1 day ago
    Like the SMCI. Btw, I got that wrong earlier. ER is today, ah. I don't have enough dry powder to do more than I'm doing there already.
  126. u/MostlyH2O 1 1 day ago
    BTC 1x VLO Sept 280P @$2.65(+2 x 10^106 % annualized)
  127. u/Terrible_Champion298 1 1 day ago
    ... with reasons.
  128. u/MostlyH2O 1 1 day ago
    3-2-1 crack spread
  129. u/Terrible_Champion298 1 22 hours ago
    I was blowing smoke at that person who posts on the main page. Sorry, I'll sharpen my snark for future blood lettings. For those who did Not look up Crack Spread like I had to: Crack Spread = (2x guzzoline price x 42) + (1x diesel price x 42) - (3x crude price) / 3
  130. u/MostlyH2O 1 22 hours ago
    Yup!
  131. u/banditcleaner2 1 1 day ago
    Wait Valero has been doing well, wow. I used to go there all the time back in 2015-2018 when I was working pizza delivery lol
  132. u/MostlyH2O 1 1 day ago
    Refiners are making tons of money. Crack spread is just down off record highs and tons of capacity is offline thanks to Russia and Ukraine. Not to mention the pivot to jet fuel comes at the expense of diesel and guzzoline which further increases the spread. Refiners are running at full utilization right now, there is no additional capacity which means they have incredible pricing power.
  133. u/IntegralVertex 1 1 day ago
    yet, IV is still low
  134. u/SwimmingHungry8182 1 1 day ago
    BTC 1 Nov20 +2x130/-3x135 RDDT Put Ratio Spread, BTC 1 Nov20 +2x120/-3x125 RDDT Put Ratio Spread, For a Net Credit of +$1832.15. Decided a 40-46% take-profit was good enough to free up even more liquidity.
  135. u/IntegralVertex 1 1 day ago
    COST is keeping up with its reputation. It’s always on sale
  136. u/BullfrogBrewing 1 1 day ago
    COST most certainly trades at a premium.
  137. u/MFSTUTZOGDJOKER 1 23 hours ago
    Need it at 850 again
  138. u/zatrades 1 1 day ago
    Out of HIMS unscathed, whew
  139. u/AdventurousPea6649 1 1 day ago
    What did Google do today? More people leaving? More bond sale?
  140. u/MostlyH2O 1 1 day ago
    Great day for me today, outperforming SPX by over 1%.
  141. u/AdventurousPea6649 1 1 day ago
    Me too but on the red side thank to google
  142. u/luisluis966 1 1 day ago
    Took out some premiums and profits to pay some debt. Need to remind myself to do that from time to time
  143. u/IntegralVertex 1 1 day ago
    What did you sell? Good time to buy those tickers
  144. u/luisluis966 1 1 day ago
    Mostly UVXY puts that I had when it did the reverse split
  145. u/IntegralVertex 1 1 day ago
    Why not VIX?
  146. u/luisluis966 1 1 day ago
    Never being successfully do it using VIX
  147. u/IntegralVertex 1 1 day ago
    OTM puts?
  148. u/luisluis966 1 1 day ago
    No those are non theta plays
  149. u/IntegralVertex 1 1 day ago
    Ah ok, you buy it. VIX long options are very pricey not sure about UVXY, have not checked them
  150. u/MostlyH2O 1 1 day ago
    I've got a nest of red-tail hawk babies outside my office. I hear them screeching all the time. Reminds me of a deep thoughts with Jack Handy: *If trees could scream, would we be so cavalier about cutting them down?* *We might. If they screamed all the time. For no good reason.*
  151. u/IntegralVertex 1 1 day ago
    Pretty cool, you have a good distraction, you can make a documentary and post it here
  152. u/mdizzle109 1 1 day ago
    my favorite one is the kid who runs into an escaped convict in the woods? something like that and he says to get him a saw to cut off his handcuffs or he'll kill his whole family. then he's like " i wonder whatever happened to that guy" lol
  153. u/I_SAID_RELAX 1 1 day ago
    I allowed myself 1 forced trade today that'll probably bite me. GOOG: STO 9/18 330/320p + BTO 9/18 360/365c at net credit of $0.85. Ideally it gets a bounce and I close out on upside profit. If it drops, my default plan is to sell the long put for profit to wash the loss on the call spread and take assignment. If it's flat I'm stuck with pennies for wasting my time.
  154. u/MostlyH2O 1 1 day ago
    BTC 3x DEC RKLB 50P @$3.15(+45%) easy.
  155. u/IntegralVertex 1 1 day ago
    You chickened out ? Daam
  156. u/MostlyH2O 1 1 day ago
    I made 50% nearly on a contract with 4 months left. No sense in waiting. Time to redeploy.
  157. u/IntegralVertex 1 1 day ago
    Sometimes you have to do that
  158. u/MostlyH2O 1 1 day ago
    No, you actually don't!
  159. u/IntegralVertex 1 1 day ago
    Yep, you do, sometimes. MSFT and ZS are good examples but also depends on your risk tolerance
  160. u/alkjdasoad 1 1 day ago
    Mr. H just can't give up. The S&P 500 keeps hitting new ATHs, and so do Hindenburg Omens. 13 recorded H.O.'s in the past 3 months. Only time this cluster was higher was in 2018 with a 16 count. Bears, short everything and hibernate now.
  161. u/personary 1 1 day ago
    **New trades:** **STO 1 INTC 09/18/26 Put 80.00 @ 2.03** **STO 1 INTC 09/18/26 Call 130.00 @ 1.65** New 16 delta strangle on INTC. Already up 4.6% on it so far today. IVR is right around 40, and the underlying looks fairly neutral at the moment. **Closed trades:** **BTC 1 BIDU 09/18/26 Call 135.00 @ 0.83** Closed this naked call for a 50% profit at $84. **Active trade chains (including rolls):** **BTC 1 CSCO 09/18/26 Call 140.00 @ 1.82** Will reopen in a position in CSCO after earnings (tomorrow). Currently sitting at a realized cash flow of -$50. **Week results (so far):** Fully closed trades: $183 Active trade chains: -$442 \--- Portfolio is up today. Overall I'm still very neutral at -33 deltas. My BP usage is slightly low, but I'm keeping some BP available so I can re-enter CSCO after earnings. Keeping an eye on GDX still since it's been hovering around my short call. My CRM strangle I rolled yesterday is looking good. It's already up about 9% in the last day, but keeping an eye on it since I already had to roll it once.
  162. u/zatrades 1 1 day ago
    XLK is it liquid? How about SMH? Trade or stay away? Thanks
  163. u/IntegralVertex 1 1 day ago
    I trade XLK, its liquid enough, no complains here
  164. u/zatrades 1 22 hours ago
    Thank you!
  165. u/SporkAndKnork 1 1 day ago
    SMH is okay, but you have to be somewhat patient for a mid price fill or be willing to penny down to a get a quicker fill. I tend to stick with the monthlies for both, since the weeklies are less liquid.
  166. u/MFSTUTZOGDJOKER 1 23 hours ago
    I find smh to be very liquid, especially the daily options
  167. u/zatrades 1 22 hours ago
    I appreciate that, thank you!
  168. u/ladybugccc 1 1 day ago
    Opened up some MU puts for Sept 18 - 700p for $16.25 x1 Closed up last months same play for 0.1 Yay free money lol
  169. u/IntegralVertex 1 1 day ago
    Is that cash secured or cash unsecured? Definitely free money until …
  170. u/ladybugccc 1 23 hours ago
    Cash secured, 700 is my willingness to buy. Which is what I say before every bag I purchase lol
  171. u/IntegralVertex 1 23 hours ago
    Good luck.
  172. u/hv876 1 20 hours ago
    It’s ok, your daughter will remember you with the MU shares she will get from you as her inheritance.
  173. u/Waiting4Reccession 1 23 hours ago
    Please mr president, pump it, tell them you love the micron computer chip
  174. u/ladybugccc 1 22 hours ago
    Please tell me before you do that so I can buy, not just sell puts lol
  175. u/Waiting4Reccession 1 22 hours ago
    Its a battle between the 250mil bribe micron paid already and the presidents secret love of men with tim apple courting him to allow Chinese memory. Hasn't been any final guidance on that but it may cause a small pump if they come out and say no to apple and ban china memory.
  176. u/Terrible_Champion298 1 22 hours ago
    As blatantly terrible as that is, I would be more irritated than surprised. And I should like Terrible. Like ... it's in the name.
  177. u/Inquireaboutmyblog 1 1 day ago
    GOOG/AAPL CSP's anyone? Considering, wonder what the catalyst is today
  178. u/SporkAndKnork 1 1 day ago
    Farting around with some GLD because of its low correlation with the broad market. To accommodate call side skew, going with a double double on the put side: Sept 18th 2 x 363/368-425/435 iron condor, 2.63 credit on BPE of 7.37, 35.7% ROC at max, 17.8% ROC at 50% max.
  179. u/SwimmingHungry8182 1 1 day ago
    BTC 4 Aug14 ASTS -3x65/+2x66 Put Ratio Spreads, BTC 4 Aug14 ASTS -3x77/+2x76 Call Ratio Spreads, For a profit of $769.32. ASTS and RKLB are slightly rising EOD, so I'd rather de-risk.
  180. u/alkjdasoad 1 1 day ago
    🤯 $GOOGL is officially on track for its 7th worst trading day of 2026 with the stock now down over 3.58% intraday. Since August 4th, Google has dropped over 8.7%.
  181. u/luisluis966 1 23 hours ago
    something is missing. What happens three days after?
  182. u/alkjdasoad 1 23 hours ago
    new ATH is reached!
  183. u/srfdriver99 1 23 hours ago
    Starting to think Berkshire Hathaway buying into them was a bad sign.
  184. u/Terrible_Champion298 1 22 hours ago
    Not very gaybull of you. A look at the 6m chart tells a different story. Those having problems may be playing the significant volatility moves too close together.
  185. u/OkAnt7573 1 1 day ago
    Man - APP has been hammered this month.
  186. u/alkjdasoad 1 23 hours ago
    painnnnnn
  187. u/IntegralVertex 1 23 hours ago
    innnnnnn
  188. u/AdventurousPea6649 1 23 hours ago
    Are you selling any or buying shares?
  189. u/OkAnt7573 1 22 hours ago
    Sold 10x 9/18 250 strike put for $2.50 in premium\*, would be OK owning it at that point to do a long term cc campaign. Don't think it will get down that low but we'll see. \*not a great trade, don't recommend following since low rate of return (unless using PM which I am)
  190. u/999makai 1 1 day ago
    Been experimenting with SPY credit spreads. When does it make more sense to execute a credit spread vs a debit spread? Using a bull put spread vs a bull call spread for example.
  191. u/Worldly-Walk-2509 1 1 day ago
    Generally, buying (debit spread) when IV is lower and selling (credit spread) when IV is higher. At least that's been my strategy.
  192. u/MostEscape6543 1 1 day ago
    You do one when you expect the underlying not to move or to have a limit in its movement. You do the other when you expect a sharp movement.
  193. u/ladybugccc 1 23 hours ago
    To Lite or not to Lite
  194. u/es_cl 1 23 hours ago
    How come Tommy isn’t viewed as an options icon like Uncle Warren is for value investing?  https://m.youtube.com/watch?v=Z__VENA80Bo…
  195. u/es_cl 1 23 hours ago
    By the way, I lost $10k on my old tasty trades account. I think I want to go back to avenge my loss. I’m much better now than I was 2018-20. 
  196. u/alkjdasoad 1 23 hours ago
    AppLovin $APP stock hit new 52 WEEK LOWS today
  197. u/IntegralVertex 1 23 hours ago
    Still too expensive
  198. u/alkjdasoad 1 23 hours ago
    Your comment has been reported!
  199. u/IntegralVertex 1 23 hours ago
    Beep boop
  200. u/gabrintx 1 23 hours ago
    Not much, I have a covered call in SMH. The $630 call had 24 days to expiration. I checked the cost to roll, not worth it. So I bought it back for $584. Net profit 52%, $641. I then sold another call at $625 for $11 exp 9/18/26. I bought the shares at $609. I haven't computed the annualized ROI. There's no capital actually required. The first trade was on the burner 15 days and had a profit of $641. My 100 shares purchased at $609. I know $60k in a bank account won't come close to $641 in 15 days.
  201. u/Ohm_Shanti 1 23 hours ago
    GOOGL back to being a giant turd sandwich for now.
  202. u/Waiting4Reccession 1 23 hours ago
    They need a new ceo, sundar sucks ass.
  203. u/IntegralVertex 1 23 hours ago
    He does? daam
  204. u/Terrible_Champion298 1 22 hours ago
    There's some serious competition out there for that Giant Turd Sandwich Trophy.
  205. u/Big_Refrigerator4587 1 23 hours ago
    STO GOOGl $320p SEP18
  206. u/Xerlic 1 23 hours ago
    BTC INTC 105c for .57. (+1.68) STO SMCI 28/30p 3:1 ratio spread for .50.
  207. u/MostEscape6543 1 23 hours ago
    SMCI has crushed earnings, making me four, maybe even five hundred dollars. SO I'm basically wealthy, now. AMA.
  208. u/MostlyH2O 1 22 hours ago
    Most of my options wins are under $1000
  209. u/MostEscape6543 1 22 hours ago
    Same. I would say most are under $200. Realistically, in this particular setup I trade around the $30 mark and I am wheeling (no hate, please), and if you count the whole cycle as a trade I'm up like....$5000 or so. Assuming $34 holds until tomorrow.
  210. u/MostlyH2O 1 22 hours ago
    🙌
  211. u/Terrible_Champion298 1 22 hours ago
    I was about ready to make a proclamation that SMCI would not hold 34 in normal volume. But for you, I'll keep that to myself. .😉
  212. u/MostEscape6543 1 22 hours ago
    It won’t hold 34 long term but it might hold for a day or two and that’s all I need.
  213. u/Terrible_Champion298 1 22 hours ago
    Possible. Don't be late for work in the morning, or set stops. This is a tricky turd; we both know it.
  214. u/MostEscape6543 1 22 hours ago
    I’m good. I work from home and have infinite ability to check on things throughout the day. Also my cost basis is something like $24 if you’re into doing that kind of funny math, so I’m not worried about losing money, just maximizing gains. To be honest if it holds $34 tomorrow I might roll to next week.
  215. u/Terrible_Champion298 1 20 hours ago
    I’ll likely close the 8/21 26.5/24.5 pcs at the first hint of decline for \~50% and open 2, 26-27 short puts. The cc are 8/21 33.5 & 8/28 33. I’d need a dip before I’d roll them; the shares for both are at my cost basis.
  216. u/MostEscape6543 1 19 hours ago
    Nice. We are looking at the same strikes pretty much. I will roll if it’s ATM or just OTM and volume is good.
  217. u/banditcleaner2 1 21 hours ago
    …you literally didn’t tho lmao
  218. u/Terrible_Champion298 1 18 hours ago
    I’m talented like that.
  219. u/banditcleaner2 1 21 hours ago
    I had a co worker who laughed in my face when I told him the options I was selling would usually net between $1-300 in profit per contract. He told me about his meta earnings call lotto where he bought one contract for $300 and sold it for $4000 and he was so happy. I asked him what his all time chart looked like buying options and he wouldn’t show or tell me. I told him I was up $40k so far that year from selling these options that were $1-300 per contract profit. Slow and steady wins the race baby!
  220. u/AirlineSubject5477 1 22 hours ago
    I have a 37 put expiring Aug 21. I am inclined to close it. This company can't stay out of news for committing some fraud or the other for long.
  221. u/zerofrakhere 1 21 hours ago
    Got 20 27 p and 30 26 p
  222. u/banditcleaner2 1 20 hours ago
    Nice! Now all you have to do is do this another 130 times and you’ll roughly make the money my ex wife just got from me
  223. u/MostEscape6543 1 19 hours ago
    Ouch I’m sorry. Better now than later. That’s all I can give you.
  224. u/banditcleaner2 1 19 hours ago
    You’re right about that!
  225. u/Internal-Homework 1 18 hours ago
    Excited that I'll (most likely) be unloading my SMCI bags at a small gain via. call assignment on Friday!
  226. u/MostEscape6543 1 18 hours ago
    SMCI always goes to $30. Don't wait if you can't hold.
  227. u/Waiting4Reccession 1 22 hours ago
    UAMY is kill after hours :(
  228. u/MostlyH2O 1 22 hours ago
    Almost sold the $5 put. Glad I didn't
  229. u/Waiting4Reccession 1 22 hours ago
    I still havent closed the $20 call I sold a while ago cuz I refuse to pay 5 cents for a worthless call. Hope the stock recovers into years end cuz these shares are "cooked"
  230. u/AirlineSubject5477 1 22 hours ago
    Today I had the Spanish style Sardines in Olive oil. Very good actually, a little spicy.
  231. u/Waiting4Reccession 1 22 hours ago
    Cant believe CAVA mooning, i wouldve bought puts if i played it.
  232. u/AirlineSubject5477 1 22 hours ago
    Many restaurants are mooning. Actually, the entire food industry. CAKE, COKE ...
  233. u/IntegralVertex 1 22 hours ago
    Sardines
  234. u/es_cl 1 21 hours ago
    There’s a sardine stock on the market? What’s the ticker? I’m putting all my money in that! 
  235. u/Waiting4Reccession 1 22 hours ago
    Thought this one would get spanked cuz of the lettuce and other veggies having issues now.
  236. u/banditcleaner2 1 21 hours ago
    The people that can afford CAVA to begin with aren’t in a position where higher oil prices meaningfully impacts them, lol
  237. u/Waiting4Reccession 1 20 hours ago
    Thought the lettuce and pepper problems would have people avoid but i guess not. I dont eat out so idk if its expensive to others but it seemed expensive to me. $13 for a pita thing here in nyc lol
  238. u/banditcleaner2 1 20 hours ago
    You can just…not get orders with lettuce in them?
  239. u/Waiting4Reccession 1 20 hours ago
    I guess lol
  240. u/banditcleaner2 1 20 hours ago
    $13 sounds cheap in NYC tho I spend that on getting lunch out pretty often in a much lower COL area then NYC
  241. u/Waiting4Reccession 1 17 hours ago
    idk its just a pita thing with some sauces/falafel and veggies - feels like it should be under $10. But the last time I got that downtown was like 2 years ago.
  242. u/zatrades 1 22 hours ago
    Sold SMH 510/ 635 strangle aug 21.
  243. u/OkAnt7573 1 22 hours ago
    LITE very strong qtr with solid guidance, stock basically unchanged after hours. Looks like the 10x 8/21/26 660/1100 short strangle will be OK, collected $9.80 in premium per contract.
  244. u/AdventurousPea6649 1 21 hours ago
    Dang, what's your YTD gain so far? 
  245. u/OkAnt7573 1 19 hours ago
    It’s been a strong year so far, but it ain’t over yet
  246. u/gexlive 1 22 hours ago
    Tuesday's regime was about as clean as long gamma gets on SPX. Net dealer gamma priced in the 99th percentile for the pool, and price action matched it: spot never got within shouting distance of the flip (7693.70), and the whole session held inside the 7693.70-7802.50 band. Opened 7762.42, closed 7727.60 (-0.45%), high 7762.92 / low 7718.10 — a 44.8-point range, basically nothing for this pool. VWAP settled at 7740.15 with spot spending only \~16% of the day above it, so most of the grind was a slow bleed under vwap rather than a reversal. Suppression doing exactly what it's supposed to do.
  247. u/Big_Refrigerator4587 1 22 hours ago
    Hmm. Cancelled MU CC order before SMCI earnings. Mu didn'tmove after hours 
  248. u/alkjdasoad 1 22 hours ago
    $CRWV COREWEAVE CRUSHES Q2 2026 EARNINGS: * Revenue $2.575B +112% YoY * Adjusted EBITDA $1.51B +101% YoY * Adjusted EBITDA Margin 59% * Revenue Backlog of $104B * Active Power 1.5 GW, Contracted Power 3.7 GW * Added $25B+ of New Customer Commitments in Early Q3
  249. u/banditcleaner2 1 20 hours ago
    That CRWV put guy is gonna be very very very upset seeing this
  250. u/Waiting4Reccession 1 17 hours ago
    Where profits though, still none
  251. u/MostEscape6543 1 22 hours ago
    They have been in the news and on the verge of being delisted as long as time itself. It’s why the volatility is good. But, the stock always goes to $30. If you sold a $37P that’s on you and I would absolutely close tomorrow if I could.
  252. u/alkjdasoad 1 21 hours ago
    BREAKING: AI stocks are happy after hours 💦
  253. u/hv876 1 21 hours ago
    MU is not an AI stock?
  254. u/alkjdasoad 1 21 hours ago
    Not today, not right now
  255. u/hv876 1 21 hours ago
    MU is not an AI stock?
  256. u/CattleOk7674 1 21 hours ago
    Up 4.5% today, 50% since may, life’s good (for now)
  257. u/usuallyalurker11 1 21 hours ago
    STO GOOGL 340p 08/12 @ 1.10 1 minute before closed
  258. u/banditcleaner2 1 20 hours ago
  259. u/AdventurousPea6649 1 20 hours ago
    Walk and drink at the same time. 2 birds 1 stone
  260. u/banditcleaner2 1 20 hours ago
    I’ve actually done it before, last time after two rum and cokes I did 2.5 miles which was rough. Another time I was legitimately drunk and only managed 2 miles which was actually really rough lol I’m gonna probably hit 6 miles by the time I get back but I’ll probably drink a little
  261. u/es_cl 1 20 hours ago
    10 mile walk…Are you nuts?  I’m not a couch bum or anything but if it’s 5 miles or more, I’m taking my bike out. I did some 20-40 mile bike rides this summer. 
  262. u/banditcleaner2 1 20 hours ago
    Nope, I’m not. https://imgur.com/a/FxnXPuM This was like two weeks ago. Today I’ll probably only hit 6 one because I forgot to drink water before hand and also didn’t bring any, and 2 because the blisters are immensely painful lol
  263. u/es_cl 1 20 hours ago
    That’s awesome!  I do 12K-16K steps regularly at work, lol. I also do a lot of walking when I’m out of town; like 15K-20K when I visited Boston or NYC.  Lastly, does Strava kill your phone battery? I use it but often times I only record for an hour or 2 and then have to shut it off cuz my phone battery starts draining. 
  264. u/banditcleaner2 1 18 hours ago
    So I use an iphone air, which is low battery size already, but I always keep my phone charged as I have a charger in my car, so even if it does, i usually get home even after a 2.5 hour walk with 30-40%. Most of the time im driving 20-25 minutes to the local trail that I like and I get a nice top off on the way there
  265. u/MostlyH2O 1 18 hours ago
    Attaching it to your 'bating arm isn't the same as exercise.
  266. u/banditcleaner2 1 18 hours ago
    buddy this would show 20 miles if it was attached to my 'batin arm. Batin'
  267. u/MostlyH2O 1 18 hours ago
    You absolutely know that was what I was talking about
  268. u/alkjdasoad 1 20 hours ago
    He recently changed his dog's name from 5 miles to 10 miles.
  269. u/Terrible_Champion298 1 16 hours ago
    It’s got to be well under 75\*F (29\*C) to get my dogs to walk a mile (1.6 kilometers).
  270. u/MostEscape6543 1 20 hours ago
    Camelbak
  271. u/usuallyalurker11 1 20 hours ago
    Wouldn't this worsen the EoE? I'd take the walk
  272. u/banditcleaner2 1 19 hours ago
    Yes it will, but I did my walk and now I’m going to be doing my drinking 😂
  273. u/banditcleaner2 1 18 hours ago
    Hard to get EoE symptoms when you dont eat anything!
  274. u/es_cl 1 20 hours ago
    Whoa…AOC is single.  I like latinas. I like people who’s been infected by the Woke Virus. 🧟‍♀️🦠😷
  275. u/usuallyalurker11 1 20 hours ago
    Go woke or go broke amirite?
  276. u/OkAnt7573 1 19 hours ago
    Leave for another sub
  277. u/mdizzle109 1 19 hours ago
    i'd smash
  278. u/MostlyH2O 1 19 hours ago
    Excuse me Mx. Ocassio-cortez, would you grant your consent for me to be your romantic life partner?
  279. u/banditcleaner2 1 18 hours ago
    She's mine, buddy. get in line.
  280. u/MostlyH2O 1 18 hours ago
    Dear lord, please make this a kalshi contract so I can slam that 'No' button.
  281. u/banditcleaner2 1 18 hours ago
    The chance is low, but never zero.
  282. u/MostlyH2O 1 18 hours ago
    If you hook up with AOC I'll eat a bowl of shit.
  283. u/banditcleaner2 1 18 hours ago
    Maybe we should team up. I'd eat a bowl of shit if it meant I could sleep with AOC. Shit, I'd probably eat a bowl of shit to sleep with carly lmfao
  284. u/MostlyH2O 1 18 hours ago
    Lmao
  285. u/es_cl 1 18 hours ago
    When it comes to making money, I take my liberal glasses off. lol  Though that last earnings report did hurt a lot….but it’s only $70 away from my exit plan. 
  286. u/Waiting4Reccession 1 17 hours ago
    You can do better in nyc 😂
  287. u/hv876 1 18 hours ago
    I leave you guys for 2 minutes and this is what you do with your time?
  288. u/dreamfitreality 1 18 hours ago
    Don't be rude to your next president.
  289. u/mdizzle109 1 19 hours ago
    everyone is taking about GOOG being a turd, just checked my trade sheet. i sold a 295/285p on 07/24, at the time the stock was $320. so 2.5 weeks ago. its $344 right now.
  290. u/banditcleaner2 1 18 hours ago
    I’ve been looking for a liquor store near me that has cheap Malibu for quite a while now. I finally found one and they literally had an advertisement outside of the store that was $21 for a handle so like cool I’ll go in there and I’ll grab like five of them because normally it’s $28-$30 a handle. turns out they are closed at 9 PM and it was 903 when I showed up God fucking dammit
  291. u/FreemansGhost77 1 18 hours ago
    What are you a 17 year old girl?
  292. u/banditcleaner2 1 18 hours ago
    Funny how I know every single political opinion you have just by this one comment lmfao
  293. u/FreemansGhost77 1 18 hours ago
    You think disgusting coconut slop liquor designed for children is exclusive to a political party? Seek help.
  294. u/banditcleaner2 1 18 hours ago
    I like what I like, and the fact that you’re this mad about it is rather pathetic brother. I think you’re the one that needs help lmfao
  295. u/FreemansGhost77 1 17 hours ago
    That's all you had to say big dawg. "I like it" but you made it into politics and downvotes. "I can tell all your politics based upon your reaction to my comment /s/"
  296. u/banditcleaner2 1 17 hours ago
    Aw, did I upset you? Sounds an awful lot like your last wife left you for a dude that liked malibu. I'm sorry, I must have struck a serious cord here. Here, I'm dropping this link here for you in case you need it: BetterHelp | Professional Therapy With A Licensed Therapist
  297. u/FreemansGhost77 1 17 hours ago
    I hope your second arranged marriage works out better LOL. Fucking dork.
  298. u/banditcleaner2 1 17 hours ago
    LOL
  299. u/FreemansGhost77 1 17 hours ago
    Go ahead, upvote it you know you want to. Congrats on the divorce btw fuck that bitch.
  300. u/banditcleaner2 1 17 hours ago
    Are you okay bro? Genuinely?
  301. u/FreemansGhost77 1 17 hours ago
    You gotta stop with the projecting.
  302. u/banditcleaner2 1 16 hours ago
    I wish you the best in life :)
  303. u/MostlyH2O 1 17 hours ago
    You two will be back together by 4th period.
  304. u/banditcleaner2 1 16 hours ago
    Wouldn’t be shocked if this was actually my ex wife tbh.
  305. u/banditcleaner2 1 18 hours ago
    I’ll forever treasure the term “coconut slop” though so thanks for that LOL
  306. u/banditcleaner2 1 16 hours ago
    You’re so fucking mad LMAO
  307. u/Xerlic 1 17 hours ago
    Ive been part of the beer and bourbon scene for a while and think gatekeeping is shit behavior. I agree that Malibu is pretty shit, but let people like what they like. That being said, the before and after edits here are pretty well done.
  308. u/banditcleaner2 1 16 hours ago
    That dude edited every single comment he made LMFAO holy fuck the mald is real. But he doesn’t understand that once you post something on the internet it’s forever. You can easily check what his comments pre-edit were with a very simple google search :)
  309. u/MostlyH2O 1 16 hours ago
    Truly a masterclass in rage bait. I have taken notes.
  310. u/banditcleaner2 1 16 hours ago
    I wouldn’t say that, it’s too obvious and stupid lol
  311. u/MostlyH2O 1 16 hours ago
    Have some self esteem, brother
  312. u/AirlineSubject5477 1 17 hours ago
  313. u/MostlyH2O 1 17 hours ago
    You're too late we've already discussed this. He will have to fight u/es_cl for her or hope she's up for a (respectful) spit roast
  314. u/es_cl 1 17 hours ago
    AOC works out a ton. Bandit enjoy 10 mile walks. I gotta step my game up!!! 
  315. u/Waiting4Reccession 1 17 hours ago
    I'll root for whoever promises insider information with weekly lunches as a cover
  316. u/banditcleaner2 1 16 hours ago
    Oof you right. And you better start selling naked calls on TSLA rather then puts, AOC does not like people bullish on Tesla :)
  317. u/MostlyH2O 1 16 hours ago
    I can't wait until she starts dating bezos
  318. u/banditcleaner2 1 16 hours ago
    Hmmmmmmm 🤔