0ptionsEngineer

Mechanical Engineer - Options Trader.
My posts are not financial advice.

[0ptionsEngineer @0ptionsEngineer]

In my retirement accounts, I invest in stocks.
In my brokerage accounts, I'm mainly an options trader.

Retirement Account Goal: 20% CAGR
Brokerage Account Goal: 30% CAGR
Options Trading Goal: 2% Return on Capital per Week

Options Trading: 2.96% Return on Capital per week in 2025.
Options Trading: 3.13% Return on Capital per week in 2024.

See my highlights for my past trades and results.

Disclaimer: I am not a financial adviser, for information and entertainment only.

[0ptionsEngineer @0ptionsEngineer]

Lots of losers today, this can happen a lot more than people think with selling only strategies.

[0ptionsEngineer @0ptionsEngineer]

solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr
Automated trades so far.

[0ptionsEngineer @0ptionsEngineer]

Added this one, again this is fully automated.

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper Nice!

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper @Syed_Raza_Ali Agree!

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper I guess one flush down, I think everyone knew it was coming just didn't expect it all at once. Your hedge put is probably looking great. I had a small hedge in long term account that I took off to early today.

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper Hah! I don't know about injustice but it's a pretty terrible day for my trading account, even without the SPX trades.

[0ptionsEngineer @0ptionsEngineer]

$HIMS
Closed the 30c for 0.20.
Total debit:13.39+0.20=13.59
Total Trade Values: 13.02

[0ptionsEngineer @0ptionsEngineer]

$HIMS
Rolled the 26 call to 12JUN 30 call for 1.72 debit.
Total debit: 11.67+1.72= 13.39.
Total trade value: 15.62

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper Nice trading, we will see!

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper I know right, fun day so far!!

[0ptionsEngineer @0ptionsEngineer]

@xaigorgo 🤣

[0ptionsEngineer @0ptionsEngineer]

@banquetsbetter Thanks, we'll see!

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper You think big up move?

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper @banquetsbetter 💯

[0ptionsEngineer @0ptionsEngineer]

@banquetsbetter @RealSPXSniper Great trade and read on the VIX.

[0ptionsEngineer @0ptionsEngineer]

@epictrades1 🙏, this helped me!

[0ptionsEngineer @0ptionsEngineer]

For these ICs, likelihood of at least 1 breach per day is the same as the delta times 2. If you are more interested look up the probability of touch (POT) metric Tasty Trade talks about. My backtests show that the POT is pretty close to delta times 2 unless you enter within 15 minutes of open, there you have a slightly better POT.

[0ptionsEngineer @0ptionsEngineer]

@RealSPXSniper Looks like the right move especially since you caught the puts. Definitely remember, let's see today.