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  #91  
Old 11-24-2020, 08:45 PM
imperiouskitten imperiouskitten is offline
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tech will climb for a bit. Especially BABA, which is recovering from a chinese down right now [You must be logged in to view images. Log in or Register.] making back the $$$ I lost betting on Trump stocks

mario's right about the long plays tho!
  #92  
Old 11-24-2020, 08:51 PM
Gwaihir Gwaihir is offline
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Quote:
Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]
tech will climb for a bit. Especially BABA, which is recovering from a chinese down right now [You must be logged in to view images. Log in or Register.] making back the $$$ I lost betting on Trump stocks

mario's right about the long plays tho!
Never said he wasnt right, on the whole.

I just said there was more money to be made, while offsetting short term risks, by selling puts to dumbasses that think the sky is falling while the underlying stocks seesaw about the mean.
  #93  
Old 11-25-2020, 11:14 AM
Gwaihir Gwaihir is offline
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Good day to sell 20$ NkLa january puts.

11.75% for a 50day investment
  #94  
Old 11-30-2020, 02:18 PM
Gwaihir Gwaihir is offline
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Even better day to sell 20$ Nikola puts. 400$ returned on a 45 day investment of 2k.
  #95  
Old 11-30-2020, 08:50 PM
Woke Locc Woke Locc is offline
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https://www.reddit.com/r/neoliberal/...e_complicated/

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  #96  
Old 12-03-2020, 05:05 PM
imperiouskitten imperiouskitten is offline
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ok, money burning hole in my brokerage account. What's today's play Gwaihir?
  #97  
Old 12-03-2020, 06:10 PM
Gwaihir Gwaihir is offline
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Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]
ok, money burning hole in my brokerage account. What's today's play Gwaihir?
Sell April DFEN puts at 15$
  #98  
Old 12-04-2020, 09:11 AM
Schmandis Schmandis is offline
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Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]
Even better day to sell 20$ Nikola puts. 400$ returned on a 45 day investment of 2k.
What about buying a put further out of the money to cover the downside risk?
Last edited by Schmandis; 12-04-2020 at 09:14 AM..
  #99  
Old 12-04-2020, 12:04 PM
Gwaihir Gwaihir is offline
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Originally Posted by Schmandis [You must be logged in to view images. Log in or Register.]
What about buying a put further out of the money to cover the downside risk?
Yeah a 17.50/15$ put credit spread expiring on Jan 15th on Nikola puts your 150$ up against the 100$ delta between the two. Not a bad play. Potential 66% gain, but you're also increasing risk for a complete loss of that 150. I suppose it depends on your risk appetite, I don't think Nikola will continue it's downward slide through Jan 15th though. Likely close on Jan 15th 22-24 dollhairs despite the Sheckel Lord's attempts to trickle bad news to keep the volatility up and the stock price seesawing about the low-to-mid 20$ mean.

I am trying to avoid going into further nuanced option trading since explaining the conceptualization of option mechanics at their simplest forms seems to evade several people on this topic so far.
Last edited by Gwaihir; 12-04-2020 at 12:32 PM..
  #100  
Old 12-04-2020, 06:42 PM
Schmandis Schmandis is offline
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I've been swinging between weekly PLTR covered calls and cash secured puts about 5-10% OTM. Just trying to pocket some of these nice premiums. My cost basis is $18.50/share. New at options, but the $100-$200 weekly premiums I'm getting seems pretty lucrative. Feedback is welcomed [You must be logged in to view images. Log in or Register.]
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