0
50%
u/imacompnerd
2 days ago
Gain
Over $1,000,000 in realized gains with RDDT options YTD
It's been a hell of a year for RDDT options. The gains are a mix of mostly selling options (both puts and covered calls), and some swing trades via long calls.
The IV has come down considerably vs earlier in the year, but it's been a great stock to sell options on!
It's been helped since RDDT's fundamentals keep improving, which has given me conviction to sell as many options as I have been.
Note that some of the lots that show large numbers of contracts could have been spread out and not done all at once.
Here's an example of a good one for next year that I've loaded up a good amount on; the Jan 2028 $135 puts. I sold 110 @ $32.96 each for total premiums of $362,526. They're already $56,000 in my favor. Screenshot: https://imgur.com/a/xOOkte9
And here's my current RDDT positions since I think it's set to have a great upcoming year: https://imgur.com/a/4jlQTBe
Note that I still haven't sold a single share of RDDT; ever. All the realized income thus far has been from options.
Open to discuss