Thetagang reddit.

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.If you averaged that every week for the next year, you'd be at $1200*52 + $35000 = $97400 one year from your post. And two years from now, you'd have more than a $260k account. And this would be much more if you calculate it as a percent, such that the dollar value is actually a little higher each week.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.... Reddit · Advertise · Help · Blog · Careers ... thetagang icon. Go to thetagang · r/thetagang 1 mo. ago. satireplusplus. ADMIN MOD. Join. Opti...

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.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 … Hi thetagang, love the content and trolling in here :) I want to ask you guys today what your (options) strategy would be for a $4m depot. I am currently testing the wheel strategy with stocks I would own. I am in my mid 30s and would like to live off the cashflow (and never work for money again) Thanks in advance guys! Sort by:

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 ...

r/thetagang • I am a longtime employee of one of the big firms that executes retail order flow from the likes of you guys. I'll answer the top five upvoted questions after work today.I've only been theta gang for a little while post covid albeit with a big account so take this with a huge grain of salt but one way I try to look at things is through contract volume. I always try to see where other people think the market is going by the amt of contracts on a given strike on the call or put side, and try to follow the herd.I made it up to 400k then took out 300k for a downpayment on a house which knocked me down to 100k last month. Working my way back up. Currently at around 250k. j33tAy • 3 yr. ago. damn. that's some fucking impressive theta gains from an account that size. congrats. i'm working with a ~$50k account at the moment.Theta Gang is definitely a solid strategy for generating consistent premiums in a range-bound market. Keep up the good work and may the Theta Gods continue to bless your trades! ... Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in …

r/thetagang • I am a longtime employee of one of the big firms that executes retail order flow from the likes of you guys. I'll answer the top five upvoted questions after work today.

A good mindset for the wheel is rather than buy a stock at $50 for example, an investor might set a buy limit order for $45 and wait for it. Theta gang could sell a $50 put and collect $500 and the investor and premium collector would have the same cost basis for the underlying.

Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores     TOPICS. Gaming. Valheim; Genshin Impact; Minecraft; ... We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 Members Online. Lost 30% of my portfolio (USD 25k) with the recent decline in market. ...28 Jan 2023 ... The Tasty Trade / Tasty Live videos on their website, and now on YouTube, were the best for me, providing you get past the feel good blather. Be ... 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). 29 Jul 2022 ... Opinions on my Theta Gang Strategy. · it is much better to sell vol on stocks where IV is low, this is well documented- see Euen Sinclair's ...1 Mar 2024 ... ... reddit.com/r/thetagang/comments/1b2vy9i/comment/ksphuwt/. Captured the $175P at $3.50 for $900 (+72%). The $210C is in bad shape though. Will ...Theta is most effective starting at 45-30 DTE because theta decay is and exponential decay curve. thats when it starts to accelerate. so you are correct in this part. What i don't get is, as far as I'm aware, theta decay is higher the closer and option is to expiration. theta decay IS higher closer to expiration. and infact, the highest.

Feb 22, 2020 · If you need help with that I created an Options for Beginners guide that really breaks down the basics of options contracts without getting too overly technical. Here are the 4 popular theta gang strategies I’ll cover [Click to Skip Ahead]: Put Credit Spread. Call Credit Spread. Naked Puts / “The Wheel”. Seems to my like a buy-write is just entering the wheel on step 3, which is a fine place to enter the wheel but of course it means not buying the underlying at a discount with a CSP (or never buying it at all and just infinitely profiting on CSPs).The covered call has a Vega of about -0.04, but the PMCC has a positive 0.05 Vega. That means we want IV to go up instead of down. Positive Vega trades are rare for Thetagang strategies, because they typically come with negative Theta. PMCC's are one of the few exceptions that has both positive Vega and Theta. Not only that, but they can be one ...So, my selling opportunities are limited because IB's cash account policies are fairly restrictive, especially when working with American-style options. When I discovered XSP, I was pretty interested. Euro-style options at SPY prices with weeklies available. But, the OI and volume are brutal pretty much across the board.If you averaged that every week for the next year, you'd be at $1200*52 + $35000 = $97400 one year from your post. And two years from now, you'd have more than a $260k account. And this would be much more if you calculate it as a percent, such that the dollar value is actually a little higher each week.

1 Mar 2024 ... ... reddit.com/r/thetagang/comments/1b2vy9i/comment/ksphuwt/. Captured the $175P at $3.50 for $900 (+72%). The $210C is in bad shape though. Will ...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.

I have a google sheets I recently started for the wheel. Def Need column for current cost basis. Symbol, Date open, date closed, days held, type [CC or CSP], Info [ 24 Apr 20 $15 C], capital used, premium received to open, fee, premium paid to close, fee, profit, profit %, annualized [for fun], notes. Thats the basics of mine.Reddit r/ThetaGang was interested in the Wheel Options Strategy tracker I posted yesterday so I went ahead and made a video explaining the various columns and …First thread 9h ago- “I’m new to options” Second thread just now- “Selling millions of dollars worth of naked puts” Amazing progress.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.Learn how to use theta gang strategies to collect premium from options trading. Theta gang is a concept that capitalizes on the fact that the prices of options …... Reddit · Advertise · Help · Blog · Careers ... thetagang icon. Go to thetagang · r/thetagang 1 mo. ago. satireplusplus. ADMIN MOD. Join. Opti...Nice ending to a good week. Closed my SPX diagonal spread (3/10 3960p and 3/31 3990p) for a net credit of $68. Net on this strategy for the week was about $2k, risking $7.1k on the long put premium.

High reward takes high risk which can cause losses or wipe out an account in time. Expect an average of 10% to 15% per year. If you start with $1M then you can make as much as $100K to $150K per year. If you start with $20K then it will take a loooong time to “get rich” . . . 24. drj1485 • 6 mo. ago.

It’s crazy to me that most people focus on taxes as a reason not to trade, when they really should be focusing on MENTAL HEALTH. Most people should not be …

Just weekend musings. How long do you think will options selling remain profitable for retail traders? Will markets become efficient to the point… These are the two specific types of trades employed by the wheel, which is most common strategy among thetagangers. There are many other ways to trade. I would say the wheel represents a tiny fraction of all the ways to trade, and probably the least employed by knowledgable and successful traders. 2. curlingcoffeecake. 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.1 Mar 2024 ... ... reddit.com/r/thetagang/comments/1b2vy9i/comment/ksphuwt/. Captured the $175P at $3.50 for $900 (+72%). The $210C is in bad shape though. Will ... Let’s talk more about the “hyperwheel”. Giving credit to u/calevonlear for the term (not sure if you coined it, but might as well take credit). Reading through previous posts, the hyperwheel uses 1DTE sold puts on /ES. The notion of “potentially” needing a large sum of capital if/when you get assigned is currently out of the question ... 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. …Theta Gang Strategy Basics: Put Options // r/wallstreetbets. Buying call options is very risky, but the payouts can be enormous. They're going to be a part of your strategy if you …4 Feb 2024 ... You sell options when implied volatility is higher than will be realized. Of course nobody knows how much vol will be realized, so you have to ...That's why theta gang has to adjust. So instead of CSP's and CC"s, the trading can shift towards spread trades: diagonals and verticals. In this way, you're both buying and selling vol, and it becomes more of a term structure play (diagonals) or a price-range play (verticals) where the theta decay will still work in your favor.It’s crazy to me that most people focus on taxes as a reason not to trade, when they really should be focusing on MENTAL HEALTH. Most people should not be …

THETA GANG. Discover. About. v 4.25.0. Login / Register. SOUN. 46.7 % TSLA. 3.9 % MARA. 21.7 % RIVN. 6.3 % CLSK. 23.9 % GOOGL. -4.4 % HOLO. 81.5 % NVDA. 0.3 % …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.17 Dec 2023 ... CSP's are the same thing, it's "free" until you don't end up being right. Now the differnece, is that with proper risk management you can come...Instagram:https://instagram. reincarnation colosseum chapter 13 rawuqora discount code 2023games on poki.comwdiv weather doppler We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 ... As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Our goal is to help Redditors get answers to questions about Fidelity ... 10 day forecast nhtxst netid The "thetagang approach" is an extremely unsophisticated[1] option selling strategy even in the realm of retail trading. If I were you I would spend some effort on actually learning about options, options strategies, and how to implement options selling strategies. k4.mora leaked 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...29 Jul 2022 ... Opinions on my Theta Gang Strategy. · it is much better to sell vol on stocks where IV is low, this is well documented- see Euen Sinclair's ...InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s still a tough environment for investors long Reddit penny stocks. A... InvestorPlace - Stock Market N...