Thetagang reddit.
For these, I like the monthly expirations. Exit targets are +10% / - 20%. The idea is that a small pullback leads to IV expansion, so delta and vega both help you. T double calendars (ATM and one strike below), for amusement and small potential gain. Monthly expirations, targets +50% and ride (they're super cheap).
The only issue is they will tell you cases where you should trade longer DTE and strategies for shorter DTE. All of the trades you mentioned can be profitable. Knowing when to use what and when to not trade comes from practice. Selling options can be a successful strategy, but has no inherent edge of being long. 7. Theta! Glad you’re green. Watch your risk - I have a strong suspicion you’re a bit heavy on it. This is great but I can guarantee you it's not theta that gave you 50% gains ;) That's mostly delta and vega.6 Sept 2022 ... Technically with theta strategies you are looking at similar gains vs. ETFs, it's just that theta strategies let you have more consistent income ...Forget credit spreads, diagonal spreads, iron condors, and all that often complicated jazz. The absolute best and simplest theta gang strategy, in my humble opinion, is The Wheel. But I'm going to argue for a very specific version of …
11 Dec 2021 ... I'll give you that they're not true trash like SPCE CRSR CLOV PLTR etc. Or this guy's entire portfolio. https://www.reddit.com/r/investing/ ...45 DTE credit spreads vs weeklies. So I’ve done my fair share of credit spreads being mostly 7-9 DTE and and I had close to a 70% rate of success doing mostly put credit spreads on aapl spy amd. However the approximate 30% of losers which were not managed at that time were significant and ate up a huge chunk of those profits.We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 ... The official Python community for Reddit! Stay up to date with the latest news, packages, and meta information relating to the Python programming language. If you have something to teach others post here. If you have questions or are new to Python use r ...
Beat the capitalists at their own game with ThetaGang 📈. ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. This bot implements a slightly modified version of The Wheel, with my own personal tweaks.
GDX, XLU, and XLF are 3 of my favorite to trade options with in general right now. Honestly, I'll probably just be trading SPY, ES, or SPX, etc when my account gets a bit larger. My 401k that's 100% SPX fund beats the pants off any options shenanigans I can come up with. I’m up 180% on pltr calls. I guess if I had to make an analogy for this it would be weeklies are like shooting a free throw in a basketball game late 4th quarter whereas 30-45 DTE is like shooting a free throw in the 2nd quarter. In the end they are both worth the same (1 point) but the pressure and perception of importance is higher with weeklies.Thetagang tends to reduce volatility on a given underlying at the expense of some returns. However, if you are targeting at +200% IV underlying, you should still expect a very high portfolio volatility.I sell almost all at 30 delta in general. 93% win rate. Up over 40% YTD just over 800 positions entered. Complex_Mention_8495. • 2 yr. ago. I am wheeling only for about 2 months with ~10k US$, which basically results in three legs. I am rather cautious selling CSP way below a Delta of 0.3. More in the range between 0.15 and 0.25.r/CombatFootage. Russian VDV storming an AFU position, one Russian soldier is seen using a surrendered soldier as a human shield. Near Bakhmut, February 2024. 3.8K upvotes · 485 comments. r/CombatFootage. 1200 mines used to demolish 7.2km long 50m deep tunnel in Gaza. Tunnwl had 5 entrances. 3.7K upvotes · 97 comments.
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Thetagang is intended to be a community of people who share strategies and discuss ideas related to selling options contracts with theta as the central source of value realization. …
Maybe 3 or 4. Or you could lie and say you have a lot of experience with options and they let you have access to level 3. I literally did 2 call options in a day sold the next day to avoid day trade limits and I was approved the next time I tried to … Track your cost basis. Tracking your cost basis is easy now with the THETA GANG Tracker. Built by option trader Joonie, for option traders. Free-to-use and ad-free because of supporters on Patreon. Write in to [email protected] if you'd like a chance to show up here! A stock and options trading community logging their trades to share ideas ... It represents the time decay of an option, and is typically expressed in terms of dollars per day. Theta is an important metric to consider when trading options, as it can have a significant impact on the value of an option over time. Theta can work over the weekend, as the time decay of options does not stop when the markets are closed.2- ARVL. 100 BBIG only costs 319$ right now, and weekly calls just out of the money have been going for 15-35$. Puts around the same. If anyone knows of a stock that you can make more than that in call premiums per week for that cheap of an entry point, let me know lol. Reddit's Goth Community, for goth music and subculture! Please check out our Wiki which features the rules and FAQ, and our sidebar which features many resources on goth music, (including recommendations and playlists) fashion, history, and scene. Reddit's advertising model is effectively protecting violent subreddits like r/The_Donald—and making everyday Redditors subsidize it. Reddit has a problem. The website has always p...
What are the Theta Gang strategies? Came across this sub from r/options and am curious, what exactly are the Theta Gang strategies? Seems people are posting mostly about CSPs on stocks you wouldn’t mind owning if assigned and then selling Covered Calls on those stocks (The Wheel strategy). r/thetagang • Here's an update for my strategy of selling weekly puts and calls on SPY, the occasional IV crush from earnings, and beaten down stocks with either value or momentum stabilization. Week 20. Theta and theta decay are the core of any premium selling strategy. Pretty much any trade I make has the amount of theta and premium I collect in mind. A simple method I use is to make trades based on the credit received. A $10 wide put spread should collect around $150 for a month. If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma...Finviz - Short Squeeze/ High Short Interest/ Stock Scanner. For those who may be unaware, there is a very easy way to scan for high short interest stocks (or any other stock for that matter) using Finviz and the "Screener" tab. Below is an example of what a basic scan could look like, feel free to tweak whatever criteria you want (technical ...
You still can contribute to a Roth. It just takes an additional step. Contribute to a Traditional IRA then immediately make a Roth conversion. It's known as the backdoor Roth. There aren't currently income limitations on conversions to Roth. Though, some of the current tax change proposals would change that. TOS is better in every other way. TW is actually $1.29 for options on most underlyings (more on SPX and others with higher fees), when you consider the fees. Normally $0.15 at open and $0.14 at close. The 15 and 14 aren't commissions, those are collected by options clearing house and the exchange.
A friend of mine beat the market by a decent margin from 2010 to 2018 until the VIX spike where he wasn’t just hedged but primed to take advantage of a vol spike and had a great rest of the year, struggled to beat the market reliably during the “trade wars” in 2019 but still made a decent return, made a killing in the 2020 drop, horribly timed the recovery just a …You might not like my advice. What I tell most people who are, say, less than 40 years old (yes that's young to me) is that if you only have 10 or 20,000 dollars to invest, it's likely the best investment you can make is in yourself (education, health, training, etc.)14 Aug 2022 ... Find stocks or etfs you want to hold. Sell put 20-30% lower than current price. Whatever you consider a good deal. I try to sell puts on red ...You might not like my advice. What I tell most people who are, say, less than 40 years old (yes that's young to me) is that if you only have 10 or 20,000 dollars to invest, it's likely the best investment you can make is in yourself (education, health, training, etc.) What are the Theta Gang strategies? Came across this sub from r/options and am curious, what exactly are the Theta Gang strategies? Seems people are posting mostly about CSPs on stocks you wouldn’t mind owning if assigned and then selling Covered Calls on those stocks (The Wheel strategy). Gravity-Rides • 2 yr. ago. I don't know all the ins and outs of the brokers but I can tell you 1) Close all your spreads before expiration. 2) Close your positions if your short strike is breeched before expiration to avoid early assignment. 3) Make sure the contracts you are trading have decent volume and open interest.Just weekend musings. How long do you think will options selling remain profitable for retail traders? Will markets become efficient to the point…
If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma...
After "donating" over $1,500 to the market learning options, I've reached the point where I'm done allowing my portfolio to bleed money. I came across Theta Gang after speaking with someone about how they are where all the money WSB losses goes to and shortly after found this group.
Sold multi-weekly Naked PUTs. Viewing Thetagang as a marathon (and not a sprint), then beating 'the Market' is effortless: 35% up selling FAR OTM Naked PUTs vs SPX 24% gain for 2023. 2023: $16K account = $5,600 gain or 35% return. Added higher priced tickers (AMZN, GOOG, SCHW, TROW). Preferred DTEs: 3-5 weeks out.20 May 2022 ... Your performance depends on your strategy and there's no way to say what the best strategy is because every market environment is different. The ... STO - MSFT PCS 2/18 $315/305. STO - NVDA PCS 3/18 $250/240. Closed PMCC on AAPL $120/$165 for a 41% total gain (including net credits etc) while the underlying was up 20% same time period. Happy days. Reply reply. TABid-5073. •. +2.75% today. Mostly from some naked calls on NVDA and TSLA. Finviz - Short Squeeze/ High Short Interest/ Stock Scanner. For those who may be unaware, there is a very easy way to scan for high short interest stocks (or any other stock for that matter) using Finviz and the "Screener" tab. Below is an example of what a basic scan could look like, feel free to tweak whatever criteria you want (technical ...I'm bull gang atm and haven't been making much progress. I can see the light that theta gang is the way. Small consistent gains. 2-4% a week for a…15 Mar 2023 ... 1-2% per week is realistic in small accounts like 10K-20K but as account size goes up and crosses 6-7 figures then your risk appetite reduces ...Short answer is, it could on a very limited basis. The most popular strategy which they promote is The Wheel. The basic jist is, select a bunch of companies you intend to own and sell CSPs at the strike price where you want to own them.208 54. u/NELA730. • 19 hr. ago A real gang would bust at crooked / racist cops and stop gentrification. But instead yall snitching begging to be on no jumper and get no money. Respectfully 79% of gang members are broke and harm their own kind. ….respectfully elaborate. 38 54. u/sliminshitdown.A couple tips from my 3 years of for the most part trading credit spreads. Doesn’t matter your strategy risk management and controlling emotions is key. always have an exit… whether alerts or stop loss depending. imjealousyes. MOD. My first 30 days of theta focused trading. Background: I opened an account on July 23rd and it was fully funded for the opening bell on August 3rd. Today marks my 30th trading day completed (first position was opened on August 3rd). My account was funded with exactly $40,000 and I have followed this procedure for ~85% of trades.
159 votes, 73 comments. 209K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 The official Python community for Reddit! Stay up to date with the latest news, packages, and meta information relating to the Python programming language. If you have something to teach others post here. If you have questions or are new to Python use r/learnpython TOS is better in every other way. TW is actually $1.29 for options on most underlyings (more on SPX and others with higher fees), when you consider the fees. Normally $0.15 at open and $0.14 at close. The 15 and 14 aren't commissions, those are collected by options clearing house and the exchange. erfarr. • 3 yr. ago. If you want to sell a CC it’s sell to open. If you received 50-75% of the premium then you can buy to close your CC and close out that call. Or you can wait till expiry and collect the entire premium. If you want to do non theta gang strats and buy calls/puts then you would do buy to open.Instagram:https://instagram. arcane odyssey fandomteased cheer hairsoup restaurants nearbybuy and sell fb 45 DTE credit spreads vs weeklies. So I’ve done my fair share of credit spreads being mostly 7-9 DTE and and I had close to a 70% rate of success doing mostly put credit spreads on aapl spy amd. However the approximate 30% of losers which were not managed at that time were significant and ate up a huge chunk of those profits. score of the diamondbacks game todaymikayla campinos video on twitter 4 May 2022 ... r/thetagang Current search is within r/thetagang. Remove r/thetagang filter and expand search to all of Reddit. TRENDING TODAY. Search for ... training day common sense media r/CombatFootage. Russian VDV storming an AFU position, one Russian soldier is seen using a surrendered soldier as a human shield. Near Bakhmut, February 2024. 3.8K upvotes · 485 comments. r/CombatFootage. 1200 mines used to demolish 7.2km long 50m deep tunnel in Gaza. Tunnwl had 5 entrances. 3.7K upvotes · 97 comments. So like many others i started theta gang 2023 after losing money playing wsb options. So far theta gods have been kind. Below is a summary of the year, hope to get feedback and learnings from the good folks here. Liquidated my company stocks Nov 2022 and decided to stop weeklies and start wheeling. Started with ~115k We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌. Please be civil in your discussions, no WSB language or swearing allowed (automod watches your …