Thetagang reddit

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 ...6 Jan 2023 ... 0.75% a week is an annual return of 47.5% when compounded. This is not possible by anyone, and you will suffer heavy losses at one point. I do ...The theta burn in the first hour never seemed worth the risk of having to take a loss on a day that I could have otherwise just picked direction properly. Usually didn’t hold past mid-day, but tried a few times. Sometimes it bit me, sometimes it paid off. Stopped playing with fire and stuck to mid-day close. Recently, with the daily whipsaws ...What do you guys think of Mr. Domm's safe wheel strategy? Youtube Link. He applies the collar strategy but with two additional puts. He buys three long-term puts and trades the wheel strategy using near-term options. The goal is to sell enough premium to finance the long puts. The put also act as a hedge to protect the portfolio if the stock falls. 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. Alternatives to Reddit, Stumbleupon and Digg include sites like Slashdot, Delicious, Tumblr and 4chan, which provide access to user-generated content. These sites all offer their u...Beloved theta. The namesake of /r/thetagang. It's why we're here all here and why you're reading this. Theta represents the time value of an option. It's the extrinsic value of an …Let me know your thoughts on it. It underperforms than just holding TSLA. I am [edit: NOT] going anywhere close this one. They don't own the actual TSLA stock, it's a synthetic ownership. Check out this video that came out a few days ago: Yield trap. It is a "no" for me. I trade tons of TSLA daily but don't want that.This isn't my story, but rather my dad's. I know the believability of this might be hard. But I believe this story to be true. My dad was a very nice and hard working man with some of the greatest patience for bullshit I've ever seen.There's a <a href=\"https://hub.docker.com/repository/docker/brndnmtthws/thetagang\" rel=\"nofollow\">prebuilt Docker image\nhere</a>.</p>\n<p dir=\"auto\">To run …It’s called iron condor. Call and put credit spread. OG-chinatownbets. • 7 mo. ago. Started following @OnlySPXFans on Twitter who plays daily 0dte credit spreads on SPX. Starting to pick up strategy as it seems based on price action and trend. So I'll do my own analysis and follow along if I agree with trade.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 ...It's another CC fund that holds S&P500 basket, but adds CC using a swap contract with goldman sachs as it's counterparty for the returns (pay/collect) of the S&P500 daily covered call - call only index. It's just a fund that's made using this new S&P500 daily CC index. Interestingly, they show what CC strike the index would have sold yesterday ...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.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.I have used all of the above (minus schwab), based on experience, TradeStation has the edge for options specially, because of the following in order of importance to me: Fastest execution speed. More frequent price improvements. Better price improvements. Slightly cheaper (60 cents vs. 65)Posted by u/bleakheat - No votes and 20 commentsI’m tryna join theta gang. Currently looking for a stock to start the wheel. Because of my risk tolerance, current available funds, and the amount I need to put in to make ok money, I’ll put at most 4K into this. It has to be a reliable stock trading for 15-40. The higher the price the better it has to be as a long term hold.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.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.For some random biopharma stock I get it, but acting like SPY isn't as safe a bet as it gets to do covered calls is essentially saying that you think the apocalypse is coming. If SPY becomes worthless the world becomes worthless. Yes it's a good idea for God's sake. If you sell CCs, you're going to miss big gains on the days it goes up a lot. 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 ... 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.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 ... September was a bit tough, but came out mostly unscathed and recovered at this point. Basic outline: Sell SPX 7DTE 9-10Δ Put spread $40-$50 wide (target: $1.50+ credit) Roll at after 2 days (5DTE) If tested (within 1% or ~40Δ), roll out and down to lowest possible strike while still for a net credit. I am also playing with VIX call spread ... Selling CSP on SPY 383 strike collects $1094 in premium on around $38,100 of capital = Percent of Capital 2.87%. Selling ATM Put on /MES with cash in account equivalent to notional value, so around $18,800. This would collect $616 in premium = Percent of Capital 3.28%. Selling ATM Put on /MES with $9,400 of cash in account = Percent of Capital ...Even Akatsuki is 🔥, especially with Itachi and Pain. 2. n0limitt • 2 yr. ago. Much love to the spider but the greatest gang is definitely the Straw Hats imo. 1. lickety_split_69 • 2 yr. ago. Machi looks about 4. 1. 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. 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…The CAGR of the SPX Theta Variable Delta Entry backtest (9:40am ET entry) is ~43% (assuming 6.25 years 1/1/16 - 3/28/22) and the CAGR of the Baseline 5 Delta IC Entry Backtest (9:40am ET Entry) is 14.5%. There is also a reduction to Drawdown, Significant increase in Win % and also Premium Capture Ratio on the Variable Entry System.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.The theta burn in the first hour never seemed worth the risk of having to take a loss on a day that I could have otherwise just picked direction properly. Usually didn’t hold past mid-day, but tried a few times. Sometimes it bit me, sometimes it paid off. Stopped playing with fire and stuck to mid-day close. Recently, with the daily whipsaws ...Definitely this. I went to the school in the Brianerd area and lived 10 blocks south of that initially in another “boundary” me being a giddy two shoes child I wasn’t about any of it but was definitely aware of it all just not in the sense of hanging worth he wrong crowd.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.It’s called iron condor. Call and put credit spread. OG-chinatownbets. • 7 mo. ago. Started following @OnlySPXFans on Twitter who plays daily 0dte credit spreads on SPX. Starting to pick up strategy as it seems based on price action and trend. So I'll do my own analysis and follow along if I agree with trade.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.I usually calculate based on the capital required to run the trade or the bpr. For example, the short put on a $6 stock might only require $250 in capital. So I use thay number instead of the entire collateral required. Different from return on risk though. ( total premium / total value of collateral ) * 100.Undervalued Reddit stocks continue to attract attention as we head into the new year. Here are seven for your perusal. Tough economic climates are a great time for value investors ...High IV Tickers List. *Some of the market cap data is off, so always double check before entering any plays! Ticker. Market Cap. Stock Price. IV (%) RIOT - Riot Blockchain... 4.82B. $71.84.That's my experience with short term SPX spreads. They either move rapidly in your favor all day, or they do for a while and then reverse course. I usually either close at 60-75% or try to close at better than breakeven if it starts to go against me. optiontraderkyle. • 1 yr. ago. wheeling is take advantage of theta.Selling CSP on SPY 383 strike collects $1094 in premium on around $38,100 of capital = Percent of Capital 2.87%. Selling ATM Put on /MES with cash in account equivalent to notional value, so around $18,800. This would collect $616 in premium = Percent of Capital 3.28%. Selling ATM Put on /MES with $9,400 of cash in account = Percent of Capital ...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...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. The wheel is a delta strategy with a little bit of theta sprinkled on top, not a theta strategy. Left out PMCC... What lesson is that? Spreads $5, $10 wide sometimes up to $20 in liquid options market. and hopefully get some move/time in my favor and then add the other side. 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 ...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.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 ...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 ... In order from best to worst based on how far down I am on the open underlying positions. BB, MVIS, PLTR, CLOV, VXRT, RIDE Selling CCs has saved my ass on these and my cost basis is still pretty close to the current share price. 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 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.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.Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. That’s to ...6 Aug 2022 ... r/thetagang Current search is within r/thetagang. Remove r/thetagang filter and expand search to all of Reddit. TRENDING TODAY. Search for ...10 Sept 2023 ... Anyone do theta strategies on futures? · There's no such thing. · Even if it was just the put (which can be cash secured), you'd have to be&n...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.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 ...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.1 Dec 2023 ... ... reddit.com/r/ryeander/comments/188hbrn/account_balance_nov_302023/?utm_source=share&utm_medium=mweb. Last 4 week my account: +12.7%. Last 4 ...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 % … 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 ... 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. Still plenty of downside but with the Q's down ~35% seems like a decent risk/reward. Personally I think all the indices are best used for neutral positions since the market has been trading in a relatively tight range. Iron condors, strangles, or straddles (if you're a real man) have been making bank lately. Edit: grammar. snipe320. • 1 yr. ago. Are there any cheaper etfs under 100$ that track S&P, DOW, NASDAQ, etc…. Im a broke college student that doesnt have enough funds. Sort by: [deleted] • 2 yr. ago. r/thetagang. 212K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌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.) 10k to 100k in 5 months. 23k in deposits and 67k in steady profit from theta. After getting cleaned out from buying options I read a lot of the advice in here and learned how to effectively switch sides and sell options. First and foremost I recognize gains of this magnitude are attributable to the high IV environment we're currently in, and ... Sell puts on fear? : r/thetagang. NYCB. Sell puts on fear? Bad ER this morning for this publicly traded bank. Some made money on this exact same scenario last March 2023 during the bank scare. Thoughts on selling puts in the $2 to $4 range? I bought a few calls as a gamble. IV can be low sometimes so you need many (preferably across many sectors). No more than 10-20 contracts at a time. No more than 5% of total account value at a time and more more than 40-50% buying power usage in total at a time. Although I do break these last two rules a lot. fenriswulfwsb • 2 mo. ago. In order from best to worst based on how far down I am on the open underlying positions. BB, MVIS, PLTR, CLOV, VXRT, RIDE Selling CCs has saved my ass on these and my cost basis is still pretty close to the current share price. 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”.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.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.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.They are probably classifying a "theta" play as a play that has no directional component (i.e. delta-neutral). The equivalent delta-neutral play involving credit spreads would be an Iron Condor (i.e. credit spreads on both sides). Credit spreads is def a theta plays you just put a long leg in to max your loss.Sort by: Add a Comment. MichaelBurryScott. • 3 yr. ago. Yes, there is no issue in letting SPX options (long or short) expire. There is no assignment risk nor AH movement risk. It's all gonna settle to cash. The only case you might be careful with is AM expiry. No massive risk or anything, just the settlement price will not be determined until ... 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. I usually calculate based on the capital required to run the trade or the bpr. For example, the short put on a $6 stock might only require $250 in capital. So I use thay number instead of the entire collateral required. Different from return on risk though. ( total premium / total value of collateral ) * 100.There was a video of oompa on YouTube where he went on omegle and came across someone in a gas mask using the edit stares in slave with the ussr anthem playing. It's for a long line of stuff I can't explain atm. I think it was a 1 million special or something like that. If someone can find it I have looked for it everywhere that would be dope. 1. Hi, I decided to try out the selling puts (csp) strategy. I sold a put but noticed that I didn't receive the premium and it wasn't reflected in my buying power or portfolio value. My only thoughts are because I'm using a cash account instead of a margin account the premium won't reflect in the buying power on the same day, or I f*cked up lol. These numbers only work out when you have a high enough win rate. Do an expectancy calculation to make sure this works: expectancy (avg return per trade) = (avg win) x (win rate) - (avg loss) x (loss rate) Also, do not use stop limit orders on spreads. You will get bad fills and you will exit at losses prematurely.Reddit is a popular social media platform that boasts millions of active users. With its vast user base and diverse communities, it presents a unique opportunity for businesses to ...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 ...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/? ...It’s called iron condor. Call and put credit spread. OG-chinatownbets. • 7 mo. ago. Started following @OnlySPXFans on Twitter who plays daily 0dte credit spreads on SPX. Starting to pick up strategy as it seems based on price action and trend. So I'll do my own analysis and follow along if I agree with trade. Sell puts on fear? : r/thetagang. NYCB. Sell puts on fear? Bad ER this morning for this publicly traded bank. Some made money on this exact same scenario last March 2023 during the bank scare. Thoughts on selling puts in the $2 to $4 range? I bought a few calls as a gamble. 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 ... 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. 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 ...1 Dec 2023 ... ... reddit.com/r/ryeander/comments/188hbrn/account_balance_nov_302023/?utm_source=share&utm_medium=mweb. Last 4 week my account: +12.7%. Last 4 ... 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 ... 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 … 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. Reddit has joined a long list of companies that are experimenting with NFTs. Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-bas...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 … Adjust the legs to fit your personal risk vs reward, e.g., move the long legs in to 5 point spreads vs 10. If you are ready, select all legs and place as a single LIMIT order= Iron Condor. It will fill after a few minutes, as the LIMIT order seeks the combination of costs to fill it. Notice the combined Theta on the fill. September was a bit tough, but came out mostly unscathed and recovered at this point. Basic outline: Sell SPX 7DTE 9-10Δ Put spread $40-$50 wide (target: $1.50+ credit) Roll at after 2 days (5DTE) If tested (within 1% or ~40Δ), roll out and down to lowest possible strike while still for a net credit. I am also playing with VIX call spread ... 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 …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 ...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 ...9 Feb 2024 ... This strategy (mostly 112 trades) works well in a flat market, even better in a down market, and keeps up reasonably well in a bull market. It ...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. 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. 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.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).The theta burn in the first hour never seemed worth the risk of having to take a loss on a day that I could have otherwise just picked direction properly. Usually didn’t hold past mid-day, but tried a few times. Sometimes it bit me, sometimes it paid off. Stopped playing with fire and stuck to mid-day close. Recently, with the daily whipsaws ...Will like to spend under $500 for the 100 shares. Sundial is $1.35 now so 100 shares will cost $135. $2.5 Calls an expiration of the 26th will give me a premium of $18. (Take 8 times to make my money back) Same call expiring on the 1st will give me a premium of $23 dollars per contract. (Six times to make my money back) | Cbgqlaxwcyem (article) | Mmturjfa.