Thetagang reddit.

I’ll include indexes too. Mine in no particular order are GOOG, AAPL, MSFT, GME, and SPY. What are yours? I should probably diversify a bit, I tell myself to be involved in different sectors but at least SPY covers a lot (though also heavily weighted with those first 3).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!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.Everyone knows about gangstalking. No ones wants to talk about it. No one wants to acknowledge it. It’s just “schizophrenia” even when I went to a mental hospital they were in on it too. Anywhere you run it just follows. I stopped being scared once I knew what was was really going on. They told me they would kill me.

28 Dec 2023 ... Great, look at $docu too - stock spiked on the news that company is exploring sale, might be a dip buying opportunity.At the end of Power Play, the two gangs that stayed loyal will each grant an ultra-powerful Raider Perk. And I've read a ton of well-meaning but mistaken content on what two gangs the player should go for. The three gang perks are as follows: Favoring the Pack grants you 25% global damage resistance, and a 25% damage bonus in melee combat. 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.

BTO 25 Mar 260p for $1.39ish (2 contracts)STO 25 Mar 270p for $2.37ish (1 contract) for a net cost of $0.98 ($0.92 is the mid as I look now on this exact trade). So the real cost is $92 per back ratio. If nothing happens and MSFT stays above $270 then it costs $92 to hedge your $30,000 investment of 100 shares.

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”.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.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”. 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 …

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.

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.

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. 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.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 ...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 …Thetagang tends to reduce volatility on a given underlying at the expense of some returns. However, if you are targeting at +200% IV underlying, you should still expect a very high portfolio volatility.

Reddit has raised a new funding round, totaling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the si...We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 ... 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 ...With regards to RUT Index there are 2 types of options RUT monthlies and RUTW weeklies. From what I understand, RUT monthlies expire on the 3rd Thursday of each month, with the Settlement date being Friday (AM settlement). This means in this case RUT closed at 2274.52 today, but if you have a RUT 2265/2270 put credit spread for 10/14 that you ...The other 1k $ I will use to buy US short term Treasuries (T-bills). IBKR only requires 1% margin for Treasuries with a maturity of less than 6 months -> this would imply a 100:1 leverage. quick calculation: the US-T GOVT Bill Oct04'22 has a ask yield of 2.248 %. 1000 $ with 100:1 leverage would mean 100.000 $ * 0,02248 = 2248 $ return (minus 5 ...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 …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.

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 ...

28 Dec 2023 ... Great, look at $docu too - stock spiked on the news that company is exploring sale, might be a dip buying opportunity.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. 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. 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.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...Θ ThetaGang Θ. 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 … 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. 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.

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.

159 votes, 73 comments. 209K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌

imjealousyes. MOD. My first 30 days of theta focused trading. Background: I opened an account on July 23rd and it was fully funded for the opening bell on August 3rd. Today marks my 30th trading day completed (first position was opened on August 3rd). My account was funded with exactly $40,000 and I have followed this procedure for ~85% of …49,923,513. 4,497 M. 1.42. Edit: u/unoriginalUsername84 pointed out that some of the stocks didn't have options. When I filtered them in ToS I told it to list stocks with options expiring in min 0 to max 7 days. It took min 0 as meaning include stocks with no options. I believe it is fixed now as I filtered with min 1 to max 7.1 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 ... 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. 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. 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: 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 ... 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 ...They recommend it based on experience and back testing. I personally find 50% to be too soon but that's just my experience. protoformx • 3 yr. ago. Minimizes tail risk. As DTE decreases, theta magnitude increases and you are also way more sensitive to whipsawing due to gamma exposure. 1PercentMax • 3 yr. ago.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 ...

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.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.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 ...Instagram:https://instagram. saekki onlyfansmanifold gasket replacement costwww.mathplayground.comdriveline dollar general 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... brown lowlightsputas en merced ca We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 ... At least posting on reddit anway. Somebody downvoted all my earlier comments on this post cause they were self comments, which I guess is frowned upon by that particular individual and, accordingly, he took it upon himself to make sure I got no karma for ...16 Dec 2020 ... 2% per week is fucking dangerous IMO. If you sell naked like I do you can do 5% a month with moderate acceptable risk. I personally think you ... social occasion or activity crossword clue 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...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.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.