... for a 199.75 credit.
Comments: 199.75 credit (998.75 max) on buying power effect of 1038.55; 96.2% ROC at max; 24.0% at 25% max.*
A different form of a reverse gamma scalping setup using short straddles. In this case, delta adjustments are made using additive skewed short straddles to delta balance. For example, if the position skews out to -20 short...
The chart above shows the CBOE Equity Put Call Ratio (CPCS) .
Last week the put-call ratio broke its all-time record high, surpassing the levels seen during the Global Financial Crisis and the March 2020 market crash by almost twice as much. In this post, I will explain my thoughts about what's going on. I welcome others to also give their thoughts in the...
Looking at the ADP Automatic Data Processing options chain ahead of earnings , I would buy the $240 strike price Puts with
2023-2-17 expiration date for about
$6.55premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
If you haven`t sold V Visa here, to reenter on the buy area:
Then you should know that looking at the V Visa options chain ahead of earnings , I would buy the $222.50 strike price Puts with
2023-1-27 expiration date for about
$3.64 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read...
... for a 3.80 credit.
Comments: Targeting the <16 delta strike in the shortest expiry that is paying around 1% of the strike price in credit, which is (ugh) currently April (84 DTE). Will look to add in shorter duration if we get an uptick in IV.
... for a 391.65 debit.
Comments: As with my IWM covered calls, re-erecting long delta that I took off yesterday to offset the short delta of my SPY short delta hedges, targeting the short call strike paying around 1% of the strike price in credit. The February 17th 407 is paying 4.21 at the mid at the moment. Similarly, probably not the greatest spot to be...
APPL looks bearish to me. Trade only with stop loss levels. I am pretty sure as SPY,SPX ,NDX & IT sector looks bearish so
Entry-$145
SL-147
If it breaks then we will wait for further price action but not going long
... for a 38.00 debit.
Comments: Filled the two legs of this short strangle for a total of 44.75 in credits. Closing out here results in a realized gain of (44.75 - 38.00)/.20 = 33.75.
/MES position net delta leans slightly long at the moment.
Comments: Added rungs in IWM on weakness, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit.
I'm doing things a little differently than last year, where I basically sold the 45 DTE weeklies (assuming they were paying around 1% of the strike price in credit), but constantly had a lot of idle buying power,...
... for a 1.68 debit.
Comments: Received 2.00 in credits for this pair of legs. Closing out here for 1.68 as a profitable, subtractive delta adjustment trade. .32 ($32.00) profit. This leaves me (at the moment) with a 10 delta short strangle at the 66/97 and a 17 delta short strangle at the 70.5/93, with the entire position being net delta flat.
Everyone has some trusty item made by Stanley Black & Decker in their home, whether it's a power tool, lawn product, kitchen appliance, storage, etc. Its customers also include professional end users of its equipment for repairs, construction, lawncare, automotive, manufacturing, oil and gas pipelines, aerospace engineering and many other industries. It seems to...
If you only have a hammer, everything looks like a nail. Dont be that guy. have many tools to choose from to trade different scenarios and opportunities.
Here we are looking at Ford on the daily TF.
As shown on the chart, we are analyzing two supports (which have confluence with one another) which both connect to our downwards sloping resistance (yellow).
It’s important to note that both support lines were previously resistance, but have both served as strong support since Fords breakout (to the upside) in...
... for a 9.19 credit.
Comments: A short delta additive adjustment trade here to cut net long delta in my entire /MCL position by about half, with the goal being to keep the delta/theta ratio under 1.0. The entire position still leans net long, but I will leave it that way to see if the market does some of the lifting for me.
Total credits collected of 13.90....
