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Talking stocks, trading, and investing in general

Piobaire

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I'm sure I'm not the only who's portfolio is at new highs.
 

Texasmade

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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

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Piobaire

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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

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Watching the original Wall Street from 1987. OCBD and classic business wear is timeless.
 

Piobaire

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If I was going to be someone from that movie it would be Sir Larry.

 

Piobaire

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Trying to put together a diagonal spread with DHI, DR Horton.
 

Hombre Secreto

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Piobaire

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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

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RIP easy tendies off CRSR. IV has crushed.
 

smokeyjoe

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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

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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
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diamond hand.jpg
 

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