• STYLE. COMMUNITY. GREAT CLOTHING.

    Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

    Click Here to join Styleforum's thousands of style enthusiasts today!

Talking stocks, trading, and investing in general

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
I'm sure I'm not the only who's portfolio is at new highs.
 

Texasmade

Stylish Dinosaur
Joined
Apr 26, 2008
Messages
14,704
Reaction score
15,574
I’m reaching new highs in the amount of cash I have in my taxable portfolio due to all of the options premiums being collected.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
As mentioned I'm expanding my repertoire and this week created some diagonal debit call spreads. This is a generally bullish strategy. I highlighted my maximum loss. The only way I can incur this loss is if IBM is not at 136 on 4/23 and I do nothing else but let that call I bought expire and IBM falls to under 120. The chances of me doing nothing else, i.e. selling more ATM calls, and IBM being under 120 in July is 0%. My max profit, if it all unwinds on 4/23, is $319.

319/1281 = 24.9% ROI for two weeks. If it's under 136 on 4/23 I'll just sell calls weekly until expiration or the call I sold expires ITM.

1618104468175.png
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
Watching the original Wall Street from 1987. OCBD and classic business wear is timeless.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
If I was going to be someone from that movie it would be Sir Larry.

 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
Trying to put together a diagonal spread with DHI, DR Horton.
 

Hombre Secreto

Distinguished Member
Joined
Mar 25, 2007
Messages
4,666
Reaction score
1,424

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
Spread on DHI in place. I sold the 4/23 covered call for enough to reduce the long's cost basis by 7% and the short was a 20 delta so unlikely to get challenged. If it does a quick $210 for a two week investment.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,417
Reaction score
46,059
RIP easy tendies off CRSR. IV has crushed.
 

smokeyjoe

Member
Joined
Nov 5, 2020
Messages
14
Reaction score
16
Hello - new here,

Looking for option trading learning resources/tools. Any YouTube channel, website, book or podcast recommendations would be greatly appreciated.

I have no formal finance/business education-got a ME account with a few basic FANG shares that I’ve sat on since 2018, and I recently opened up a TDA account that I’ve been using to paper trade in ToS for now.

TIA
 

Texasmade

Stylish Dinosaur
Joined
Apr 26, 2008
Messages
14,704
Reaction score
15,574
Hello - new here,

Looking for option trading learning resources/tools. Any YouTube channel, website, book or podcast recommendations would be greatly appreciated.

I have no formal finance/business education-got a ME account with a few basic FANG shares that I’ve sat on since 2018, and I recently opened up a TDA account that I’ve been using to paper trade in ToS for now.

TIA
Wallstreetbets reddit thread.

WSB.jpg
\
diamond hand.jpg
 

Styleforum is proudly sponsored by

Featured Sponsor

Summer Loafers: With or Without Socks?

  • With socks

  • No socks


Results are only viewable after voting.

Related Threads

Forum statistics

Threads
459,729
Messages
9,974,288
Members
207,722
Latest member
fitmc
Top