Theta gang
The point of theta is it tells you the decay of your option over time that someone is paying to hold the option/get access to the gamma. Think of it as rent. Inherently, there is no "edge" in theta, in the same way there is no "edge" in rent. Now.. there is edge in "collecting more rent than the fair value in a neighborhood ".Built by option trader Joonie, for option traders. Free-to-use because of supporters on Patreon. Users that have nice things to say. A stock and options trading community logging their trades to share ideas and learn from each others mistakes. Created by Joonie.Covered calls are as lucrative as the market in question allows and this changes both with time and circumstance. Because you would think that if it was, the market would immediatly be overcrowded with companies jumping on this. This is just bad armchair finance altogether. "Exotic" options exist and you haven't a clue how big that market is.
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Able-FI-4906. MOD. 13 Years of Theta - My Results & Observations. A large number of people who are members of Theta Gang are students, seeking advice to learn, grow, and profit. Theta has been one part of my effort to achieve financial independence, which I have written about in FIRE threads. This post documents my experiences with theta over ...Most people think theta gang is the house comparing options to gambling. Selling options is the house and buying them is the gamblers. This is not completely accurate. The games of casinos are designed to give the house a edge. Options are not like casino games in that there is no inherent edge to selling them but only a premium - they are more ...There are items we consciously recycle and items we toss without a second thought. Here are 10 things you should never throw away at HowStuffWorks. Advertisement If the brilliant l...Read this article to find out what glues work for gluing rigid plastic, including two-part epoxy and instant glues, from home improvement expert Danny Lipford. Expert Advice On Imp...The iron condor is a phenomenal strategy for Theta Gang traders, especially those with small accounts. It is a neutral, defined-risk, defined-reward strategy...Made by Option Sellers, for Option Sellers. Manage everything live. See all of your trades in one place, with real-time pricing and P&L. Roll-Out, Roll-Down, Roll-Up Calculator. Automatically calculate your net Credit or Debit in different rolling scenarios in real time, choosing the best moment to strike. Easily see if your positions are at ...With theta gang strategy, you are likely to get 20/30% year at best (which nobody should crap on), if you choose the right tickers and implied volatility remains above 30%. You'll need years to get back to 20k, so either you are ok being slow and disciplined, or you will need different trading strategies that have a positive convexity (e.g ...The whole concept of LEAPS may be counter to the principles of Theta gang but would you correct my theory that given a stable stock like AAPL, SPY, MSFT, investing in deep ITM LEAPS (with Delta > .90 and theta of less than 0.01) expiring in 2 years may be more profitable and less time- and energy-consuming than wheeling that stock in the same period.When designing a layout of a closet, it’s important to utilize all of the space available. Expert Advice On Improving Your Home Videos Latest View All Guides Latest View All Radio ...Step 2. Go to Setup -> Calculations -> Volatility calculation method, and select "Fixed volatility per expiration date" as your method. The default is "individual implied volatility" which gives each option's value it's IV based on it's mid point price. It's useless when options are illiquid and $0.00 - $5.00 wide with zero volume.View PocketChange's THETA GANG profile and trading history. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills.View the-lab's THETA GANG profile and trading history. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to …Buying call options is very risky, but the payouts can be enormous. They're going to be a part of your strategy if you are a real Wall Street Bets player. Le...Wheel. What's up, Theta Gang! I've been running the Wheel Options Selling Strategy very successfully for a few years now, and I decided to start a brand new account with $100,000, dedicated purely to running this strategy, for a series I'm doing. I've been browsing this subreddit for a long time now, and based on what I've seen, I'm definitely ...I think total capital really depends on your living expenses and how frugally you live. I think $2.5k per month with 100k usd should be conservatively doable if you have found a continuously profitable theta gang strat. Some ppl with over 1m here probably have like 7k-10k per month living expensesSep 23, 2020 · Theta Gang Option Strategies. Theta Gang is the slang for being a member of a group of other option writers with the mindset that selling premium is a preferred strategy than buying options. They are short Theta by selling option contracts as their strategy to profit from option buyers as time value decays and the option eventually expires ...
Theta capture is a hugely valuable tool but it doesn't eliminate the necessity of choosing good stocks at good valuations, having a proper strategy that leans conservative, and being able to control your emotions and take losses where appropriate. ... Seems like the trend is that Theta gang wins a lot but takes one loss to wipe out your gains.View SPOT trades the THETA GANG community has logged together. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills.View fabio's THETA GANG profile and trading history. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills.Welcome to my monthly Futures Income Strategy review. Summary of Plan: Initial Capital $300k. Monthly return goal $7K (2.3% per month / 28% per year on Initial Capital) Strategy selling options on futures (Strangles, Ratios, Wheel micros) Keep BP below 50%. Goal: Consistent Income.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.
#the-wheel #options #robinhoodThe Wheel is a winner's strategy for building wealth trading options. It leverages the power of cash-covered put and covered ca...A more interesting trade, if you have portfolio margin, is being long SPY (or VOO or VTI, or, [redacted*] it, VT) and selling SPX options. Most tax efficient way, anyways. *Auto mod is a snowflake. $260x100=$26,000 in collateral. The closer expiration date means less premiums. Better to run the wheel on QQQ.…
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View Rob_'s THETA GANG profile and trading history. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills.View AMC trades the THETA GANG community has logged together. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills.
say SPY is at 322 and i sell a 323 call for 100 bucks. a few days later SPY is still under 323 and theta has decayed that calls price down to 60 bucks. i can buy back that call for 60 bucks and i make 40 bucks in profit since theta decayed the option value making me money. basically theta gang is all about selling options for premium then letting theta …Here, you'll learn how trade stock options & use different strategies that any beginner, intermediate, and advanced level traders can use. You'll also learn ...
5 strategies for dealing with cyberbullying are explained in this a say SPY is at 322 and i sell a 323 call for 100 bucks. a few days later SPY is still under 323 and theta has decayed that calls price down to 60 bucks. i can buy back that call for 60 bucks and i make 40 bucks in profit since theta decayed the option value making me money. basically theta gang is all about selling options for premium then letting theta decay the value of it and either letting ...A better trade, imo, would be to buy a debit spread, rather than a long call, for a total small net credit. This would limit your risk on the long call and keep your theta positive. Its a sort-of variation on a broken-wing butterfly, where you sell a credit spread to finance the purchase of a debit spread. An example set up would be- SPY 2/16 exp Sup theta gang! Longtime lurker here, and loviMention on Theta Gang podcast. Recommended. Level 3 TG Tra Theta gang has always been at war with gamma gang. Gamma is also the reason that delta hedging is so difficult when it comes to being delta neutral. Theta. 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 option, and as each … We have a lot of smart people in the group, data scientists, so Theta Gang. comments sorted by Best Top New Controversial Q&A Add a Comment legiondoom cringey futures evangelist • Additional comment actions. Nice, we do need more posts showing Theta porn. ...218K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 The point of theta is it tells you the decay I'm looking for a thetagang discord or other coA stock and options trading community logging their tra View TLT trades the THETA GANG community has logged together. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills. View TEAM trades the THETA GANG community ha View TESLA trades the THETA GANG community has logged together. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills.View Probably's THETA GANG profile and trading history. Gain insights into their trading strategies, track their performance, and learn from their experience. With a comprehensible log of their trades, you'll have access to real-world examples to help you improve your own trading skills. View BA trades the THETA GANG community has logged together. Gain ins[Theta and theta decay are the core of any prLearn how to use theta gang strategies to collect premium f Put credit spread (if you're bullish) or call credit spread (if you're bearish) slightly OTM is the way to go. Watch tastytrade YouTube videos on selecting strikes, days to expiration, and how to manage credit spreads. Covered call, cash-secured put, wheeling will tie up too much capital for a small account size. 1.OTM options have a decelerating decay rate because they are constantly rolling down the probability curve. Delta is decaying over time (charm), and the option becomes more and more worthless, so the decay rate slows down. There isn't a time of day where theta is faster or slower. The question you are actually asking is about intraday implied ...