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Thetagang reddit?

Thetagang reddit?

The big downside is you need to keep the collateral tied up and you don't get the stock's upside potential. quick preface, i know the story of ironyman. 193K subscribers in the thetagang community. Best place to get started with the Theta Gang's way? I've recently started trading options and have been diving head first into all that I need to learn Go to r/thetagang and check out their wiki. 227K subscribers in the thetagang community. I've been thetagang since May so I'm still learning a lot about optimization but it's been a lot fun fun. Reddit today is introducing a new way to post to its communities with the launch of the on-platform feature called โ€œPredictions. My current goal: grow my trading account. I think a weakness of thetagang is that there is not much analysis of individual companies and macroeconomics going on Posted by u/drock100x - 146 votes and 89 comments I can't deliver an entire options education in a Reddit post. My journey Buying options is dumb because theta decay. Once flying high on their status as Reddit stocks, these nine penny stocks are falling back towards prior price levels. Select your favourite DTE along with the reasons why you love this expiration. You owe it to yourself to do some studying before you pour more money. The big downside is you need to keep the collateral tied up and you don't get the stock's upside potential. It accounts for RSI, trend, moving averages and put/call skew over the past 4 weeks. It's currently around $6K, and this account is strictly for fun/learning so I don't send many deposits into it. 49 votes, 60 comments since a short call is equivalent to -100 shares at expiration, if you were to perfectly time buying 100 long stock shares as the price moved through your -1 short call, and then the price never fell back down (the call stayed itm) for the rest of the duration, you would expire at 0, +the premium collected. 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. The website has always p. Reply reply We are selling options to WSB degenerates using thetagang strategies! ๐ŸŒ ๐ŸŒ ๐ŸŒ. Feb 15, 2023 ยท 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. We would like to show you a description here but the site won't allow us. I encourage you to learn investing and options. Jump to BlackBerry leaped as much as 8 During a wide-ranging Reddit AMA, Bill Gates answered questions on humanitarian issues, quantum computing, and much more. One attorney tells us that Reddit is a great site for lawyers who want to boost their business by offering legal advice to those in need. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. When vol expands, your chance to profit goes up. Thetagang is often unintentionally mistaken for r/Vegagang, which is more built on extracting value from volatility. ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. I worry about people on Reddit constantly asking your very question usually with very precarious numbers. If you have questions or are new to Python use r. Feb 22, 2020 ยท What is theta gang? Simply put, these are options trading strategies that capitalize on the fact that the prices of options decay over time. ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. Thetagang is often unintentionally mistaken for r/Vegagang, which is more built on extracting value from volatility. 191K subscribers in the thetagang community. Reddit's advertising model is effectively protecting violent subreddits like r/The_Donaldโ€”and making everyday Redditors subsidize it. 45DTE comes with slower theta decay (in comparison to 0DTE) but greater premium capture and lower gamma risk. I just think the post was a really poor way of illustrating the concept. Both are degenerate gamblers. Reddit has been slowly rolling out two-factor authentication for beta testers, moderators and third-party app developers for a while now before making it available to everyone over. And you're correct, gamma scalping is generally not a money-making strategy, in most option books they do call it a "strategy". In my mind there are two ways to earn theta, selling puts, or selling covefed calls. All things related to automobiles that move on two wheels. reReddit: Top posts of. also not just doing naked puts but using a bull put spread(or even iron condor in some situations) which reduces the upfront premium but also reduces the purchase price in case you do get assigned. We are selling options to WSB degenerates using thetagang strategies! ๐ŸŒ ๐ŸŒ ๐ŸŒ. The notion of "potentially" needing a large sum of capital if/when you get assigned is currently out of the question for me in my stage of trading. Although I have made and lost money on their plays, the main thing is risk management, which they teach you. Welcome to Destiny Reddit! This sub is for discussing Bungie's Destiny 2 and its predecessor, Destiny. BlackBerry said Monday that it wasn't aware of "any material, undisclosed corporate developments" that could rationally fuel its rally. In my mind there are two ways to earn theta, selling puts, or selling covefed calls. Thanks! Yeah I've got a pltr leap I'm still waiting to sell calls on. We are selling options to WSB degenerates using thetagang strategies! ๐ŸŒ ๐ŸŒ ๐ŸŒ. 65 is the net fee, whereas the premium is multiplied by 100. I see spreads and other strategies that involve spreads (iron condors, etc) mentioned here quite often, but are they really considered a thetagang strategy? The net theta of a credit or debit spread is pretty close to 0, since the positive theta of the short leg is almost entirely canceled out by the negative theta of the long leg. 2024 Edition, Week #15 Results ($3200 this week). We are selling options to WSB degenerates using thetagang strategies! ๐ŸŒ ๐ŸŒ ๐ŸŒ. Reddit has raised a new funding round, totaling $250 million. I wonder if it's too late to get the new customer benefits. For example: 0DTE comes with faster theta decay but greater gamma risk and lower premiums. This bot implements a slightly modified version of The Wheel, with my own personal tweaks. THETA GANG. Trying to sell premium heavily during 30 VIX is asking for trouble. 35 cents in either direction isn't where your money is being made, it's about how right you were about the price. After months of looking video about all theta gang strategies, I decides to start with the wheel. BlackBerry said Monday that it wasn't aware of "any material, undisclosed corporate developments" that could rationally fuel its rally. Thetagang is often unintentionally mistaken for r/Vegagang, which is more built on extracting value from volatility. 18 votes, 56 comments. We are selling options to WSB degenerates using thetagang strategies! ๐ŸŒ ๐ŸŒ ๐ŸŒ Members Online โ€ข timedk. trying to do 2-3 dte to weekly as risk to reward is higher. I'mโ€ฆ I've always wondered what kind of returns are realistic. Choose how to roll based on the trade dynamics and market price of the underlying/expected trends. I think redditors think the loss is equal to the number of shares you owe. If you haven't already, look up the dividend aristocrat and dividend champion lists. 150% YTD wheeling update ( Now 95k profit 170% YTD). For me, it's because I've been a long term investor for 10 years and I'm confident in my fundamental research abilities. Search for things like "I got Margin Called, help!" on reddit to find. Internet Culture (Viral) Amazing; Animals & Pets. All right, here me out. Record your trading history and share it with others. Undervalued Reddit stocks continue to attract attention as we head into the new year. The Wheel Strategy involves minimal risk while providing medium-sized returns. com, a trading forum run by professional traders. I do thetagang on maybe 10-20% of my overall portfolio. Check out Wall Street bets, that might be a better sub Reddit for you. Diagonal call/put spreads (PMCC, PMCSP) and calendar spreads are a good way to harvest theta in low vol environment. com) Reply reply nivek_123k The $0. SmileDirectClub is moving downward this mornin. InvestorPlace - Stock Market N. " Its like that vice video where they interviewed people about being gluten free. Heard of a strategy on SPY Iron Condors and wanted to see if its a good idea. brightroom magnetic laundry hanging bar The IRS is experiencing significant and extended delays in processing - everything. These fees include the cost of tax preparation software programs and tax publications. also not just doing naked puts but using a bull put spread(or even iron condor in some situations) which reduces the upfront premium but also reduces the purchase price in case you do get assigned. accourding to your income bracket. Delta and gamma comes in a pair and has already been elaborated above. Let's take LCID as an example. Feb 15, 2023 ยท 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. 19 votes, 46 comments. r/thetagang โ€ข I am a longtime employee of one of the big firms that executes retail order flow from the likes of you guys flow from the likes of you guys. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. I would "suggest" first figuring out a good dividend portfolio that has a different mix of sectors (lots of people end up in energy and financials almost exclusively when they build dividend portfolios which can get hurt at certain times) irrational speculative behavior can be extremely lucrative to someone smart enough and willing to take advantage, which is what led me to thetagang. We would like to show you a description here but the site won't allow us. Hey everyone, like many of you, I love a good spreadsheet. Being theta gang can be more profitable than you think If you pick a stock you are bullish on and is volatile like SQ, AMD or S for example, you can sell weekly covered calls on them to make 2% or a little over that. For example: 0DTE comes with faster theta decay but greater gamma risk and lower premiums. The official Python community for Reddit! Stay up to date with the latest news, packages, and meta information relating to the Python programming language. Feb 15, 2023 ยท 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. The average cost per share is about 200$. The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. In my mind there are two ways to earn theta, selling puts, or selling covefed calls. Traders logging trades, together 250k+ 20k+. I have been studying in Batman's Bruce Wayne's cave and have come to an incredible conclusion. think intensely crossword clue 45DTE comes with slower theta decay (in comparison to 0DTE) but greater premium capture and lower gamma risk. Idk why Reddit is obsessed with FRC when PACW looks to be in so much better shape and seems bottomed out, compared to FRC who has said they're going to dilute. We would like to show you a description here but the site wonโ€™t allow us. the scenario I described above is almost twice that. 295 votes, 48 comments I was hesitant to post this here at first because my gains post I submitted received some criticism about whether or not my approach to spreads was a true "theta gang" strategy. I see spreads and other strategies that involve spreads (iron condors, etc) mentioned here quite often, but are they really considered a thetagang strategy? The net theta of a credit or debit spread is pretty close to 0, since the positive theta of the short leg is almost entirely canceled out by the negative theta of the long leg. Here are some helpful Reddit communities and threads that can help you stay up-to-date with everything WordPress. RE "Too far atm", I buy them at the level of recent highs. 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. Thetagang is often unintentionally mistaken for r/Vegagang, which is more built on extracting value from volatility. Select your favourite DTE along with the reasons why you love this expiration. Canadians interested in investing and looking at opportunities in the market besides being a potato. 45DTE comes with slower theta decay (in comparison to 0DTE) but greater premium capture and lower gamma risk. fox5atlanta contest with the code word today and over that return you pay income taxes. com, a trading forum run by professional traders. We would like to show you a description here but the site won't allow us. Logging trades by yourself is boring! Join a community that logs trades alongside you and emphasizes transparency and accountability Logging your trades is easier now than ever. I'll answer the top five upvoted questions after work today. Diagonal call/put spreads (PMCC, PMCSP) and calendar spreads are a good way to harvest theta in low vol environment. If he sells 1 contract and makes 0. com, a trading forum run by professional traders. For example: 0DTE comes with faster theta decay but greater gamma risk and lower premiums. I don't want to be popular on reddit. So like many others i started theta gang 2023 after losing money playing wsb options. 27 votes, 36 comments. The IRS is experiencing significant and extended delays in processing - everything. When vol expands, your chance to profit goes up. Logging your trades is easier now than ever. Apparently, this is a question people ask, and they donโ€™t like it when you m. That's why the forum is mainly filled with what they call "loss porn".

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