Thetagang reddit.

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.That is essentially an arbitrary back tested date. That is the date that TastyTrade has found to typically be able to offer that 33% credit for a 30 delta trade. They then put 2 metrics on that to manage. 1) 50% of max profit, you close the position. 2) At 21 DTE you close it (if profitable) or roll it out and collect more premium.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 … First thread 9h ago- “I’m new to options” Second thread just now- “Selling millions of dollars worth of naked puts” Amazing progress. 30 delta isn’t part of the tasty best practices. That’s a thetagang thing, mostly directional put sellers. 30 delta is 1/2 of a standard deviation. TT usually recommends 1 standard deviation, which is around 16 delta. TT is more about delta-neutrality and probability. Thetagang is “I sell CSPs cause it seems like the cool thing to do.

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 ... 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 From Google Contributions to traditional IRAs are tax-deductible, earnings grow tax-free, and withdrawals are subject to income tax. Contributions to a Roth IRA are not deductible, but withdrawals are tax-free if the owner has had a Roth IRA account for at least five years.

If we enter low volatility environments then running theta isn't great. You should only be applying thetagang approaches on high IV stocks exclusively if you want good returns. Personally I don't do theta on any stock under 100% IV. This is the best way to get good results from thetagang approach. Discord server for people serious about making money. Hey all! I hope you are doing well. I created a discord server for people who are intentional about escaping the rat race. It covers the financial markets, business ownership, and personal finance. This is great brother. Don’t forget to start your YouTube channel soon also.

6. No crypto. 7. Memes can be deleted if they are not funny. Sidebar. 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 language on this sub). No spamming of discord links, patreon links, referral codes or paid ...BlackBerry said Monday that it wasn't aware of "any material, undisclosed corporate developments" that could rationally fuel its rally. Jump to BlackBerry leaped as much as 8.2% on...To answer your question: depends on how risky you want to be, but more importantly how much capital you have. $1M would probably be enough to live off of for a long time selling options, assuming you're not being overly risky. You won't be living large, but definitely doable. Close to half way there myself!If what you are looking for is increased income from your portfolio and want lower risk then this is a great solution. If you had say 50,000 to play with you could put half into QYLD and half into wheeling to get a stable and reliable income of ~200/month to pay bills with plus anything you are earning from your wheel. The wheel is not meant to be a delta play, it is really a short volatility strategy which benefits from theta (as all short vol strategies do). You trade the wheel to collect the vol premium imbedded in options. It’s not meant to outperform buy and hold. If you want deltas buy calls, bullish spreads or straight shares.

From Google Contributions to traditional IRAs are tax-deductible, earnings grow tax-free, and withdrawals are subject to income tax. Contributions to a Roth IRA are not deductible, but withdrawals are tax-free if the owner has had a Roth IRA account for at least five years.

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.

The phrase just doesn't convey the level of warning that a thickheaded smooth-brain from the other side of reddit needs to hear. Don't wheel stocks that you can't afford to have capital tied up in and don't mind ... I think a weakness of thetagang is that there is not much analysis of individual companies and macroeconomics going on. We talk ...Middle schoolers getting into fights and doing all this brutal stuff is prbbly an exaggeration I think, but many delinquents who are in the Yakuza or Bosozoku (biker gangs) usually join at the age of 16 or 17.r/Chiraqology. • 16 hr. ago Sosa, Founder and CEO of prominent Cannabis company, GlobalGenetics at his office at the Agricultural Warehouse. r/Chiraqology: r/Chiraqology, a subreddit to discuss drill music and Chicago gang culture.Robinhood was nice because of commission free trades on both stocks and options. Looking for a brokerage with a solid UI and hopefully no fees, or at least low enough it doesn’t hurt. I’m seeing a few that at $0.65 per option trade which I am willing to eat, but would rather avoid. 12.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”.Advertising on Reddit can be a great way to reach a large, engaged audience. With millions of active users and page views per month, Reddit is one of the more popular websites for ...

Filed Taxes , forgot to report a free stock and a 6 cent dividend from robinhood : r/thetagang. Open menu Go to Reddit Home. Log In. Log In / Sign Up. Shop Collectible Avatars. 80 votes, 164 comments. true.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.Discord server for people serious about making money. Hey all! I hope you are doing well. I created a discord server for people who are intentional about escaping the rat race. It covers the financial markets, business ownership, and personal finance. This is great brother. Don’t forget to start your YouTube channel soon also.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. ...3 Nov 2023 ... Discussion. Update from this post: https://www.reddit.com/r/thetagang/comments/170yheq/15m_account_new_to_selling_options_any_advice_on/? ...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 …

6. No crypto. 7. Memes can be deleted if they are not funny. Sidebar. 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 language on this sub). No spamming of discord links, patreon links, referral codes or paid ...

Iron Butterflies (Jim Olson) Hey guys, recently I read about a 0DTE SPX Short Iron Butterfly strategy developed by someone named Jim Olson. I saw quite a few people referring to him on Reddit posts after some googling but can't seem to find the original person's work/theory. Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.There’s many strategies involved in theta gang, but wrapping my head around a covered call is where it started to make sense for me. I won’t cover early exercising or non-exercising of expiring ITM contracts because it’s honestly really rare that either of these would happen. Hope this helps :) ... r/thetagang • Thanks to Reddit, Thetagang.2 Apr 2023 ... The idea that you should only sell premium is overly simplistic. You just have to understand the risks. There are more ways to lose money buying ...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. If we enter low volatility environments then running theta isn't great. You should only be applying thetagang approaches on high IV stocks exclusively if you want good returns. Personally I don't do theta on any stock under 100% IV. This is the best way to get good results from thetagang approach.

Step 4. Compare your trades to your theo price. It's a good thing I didn't fall for that $0.10 bid a bit higher on my short call trade - it's theo price is actually $0.2392, rounded to $0.24! In this trade I shorted exactly at $0.05, but the theo price is $0.042, rounded down to $0.04, so I'm slightly ahead of the fair price at the time of the ...

28 Jul 2023 ... Don't fight the trend. if the market wants to go up, go up with it until it starts to go down. And most importantly, if you're not in the right ...

– Listen to r/thetagang: Covered calls after stock has gone down ~20%? by THETA GANG instantly on your tablet, phone or browser - no downloads needed. Top Podcasts20 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 ... 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. SoMuchRanch. $200k -> $3M+ in 4 Years. Thanks, Thetagang . 4YR Performance. Thetagang Proverbs We Have All Forgotten: The Wheel is for preserving wealth NOT building it (buy/hold outperforms) Use it as a tactic to learn the mechanics then either get comfortable with margin or realize you are like 99% of humans who are better off with buying SPY ... 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.Bill Nye the "Science Guy" got torn to pieces for his answer on Reddit. So we did his homework for him. Apparently, this is a question people ask, and they don’t like it when you m...Typically I use margin to sell cash secured puts on TSLA that is anywhere from $50-$100 below the current stock price, with the expiration typically 6 weeks out, and usually closing the option at 50% profit, or rolling the option near expiration if I'm underwater. Typically I'll only use 60% of my account size in margin, because I don't want to ...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.ThetaGang is an IBKR trading bot for collecting premiums by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit but has been used by …Theta Gang is the way to do it. Directional hero never leaves a good exit if your direction is wrong (especially in weeklies). I've been following some TastyTrade stuff lately & executing in a paper account (~45 days out, 15/20 Deltas, Vert Spreads & Iron Condors to manage).

Step 4. Compare your trades to your theo price. It's a good thing I didn't fall for that $0.10 bid a bit higher on my short call trade - it's theo price is actually $0.2392, rounded to $0.24! In this trade I shorted exactly at $0.05, but the theo price is $0.042, rounded down to $0.04, so I'm slightly ahead of the fair price at the time of the ...14 Feb 2024 ... ... u/BullfrogBrewing avatar · BullfrogBrewing. • 26d ago · https://www.reddit.com/r/thetagang/s/WHkTFuwuCB. This you? Upvote 4. Downvote Reply ....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 ...0DTE vs 1DTE vs 7DTE vs 45DTE vs 60DTE Discussion ( self.thetagang) submitted 1 month ago * by Right_Account5443. I have seen so many members experiment with …Instagram:https://instagram. ndnationrollie from baddies south birthdayt swift 1989chick fila near ne You’d be over allocated and a down move in SPY would wipe your account. Also, a long call has a lot of extrinsic that you’ll bleed. If you were to open a backspread with around 100 deltas and minimal extrinsic on SPY, or sell an ATM put and buy an ATM call, it would be more like $8k either in debit or capital requirement. r/thetagang. taylot swift loverswat season 6 episode 18 cast 26 Jul 2020 ... haha. SPX. Cash secured. I sell in the first 20-30min. When were at hard downtrend I sell the bottom and same with going up, sell the top. Aim ... wotlk blood dk bis phase 2 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.