Caleb 🍒

Software Engineer. (unofficial) tastytrader 🍒 Not a financial advisor.

[Caleb 🍒 @tastytrader007]

I'm part of a pretty special group 💪

[Caleb 🍒 @tastytrader007]

@rolotomars @RationalEtienne @elonmusk @wholemars ✅

[Caleb 🍒 @tastytrader007]

Two adjustments so far this week: 1. Rolled the call spread down into a Big Lizard for more credit 2. Rolled the put out to the Jun expiry for more credit. Total credit now up to $12.45 and currently ITM $9.05.

[Caleb 🍒 @tastytrader007]

$FB ATM Jade Lizard. The short call is ATM, and the call spread is $5-wide, BUT I collected $9.24, which means I make $4.24 even if my call spread is blown through entirely, but the extra credit from that spread helps reduce my BE to the downside by a couple bucks. #tastytrade

[Caleb 🍒 @tastytrader007]

@ayeshatariq It's what I would do. Why would I liquidate stock and create a taxable event (and possibly tank the company being partially liquidated--ie $TSLA)? That would be unwise. I use M1 Borrow for this exact reason (except I couldn't move any stock prices) & I'm not even a millionaire.

[Caleb 🍒 @tastytrader007]

$FB ATM Jade Lizard. The short call is ATM, and the call spread is $5-wide, BUT I collected $9.24, which means I make $4.24 even if my call spread is blown through entirely, but the extra credit from that spread helps reduce my BE to the downside by a couple bucks. #tastytrade

[Caleb 🍒 @tastytrader007]

Threw a short call spread (55/60) on $TWTR with the short strike above @elonmusk's offer of $54.20. Collected $0.93. I'm not sure @Twitter is smart enough to take his offer, but you never know--going bearish and hedging my emotions 😂

[Caleb 🍒 @tastytrader007]

Received my copy of @FinancePhoton's Unlucky Investor's Guide to Options Trading--stoked to start reading! Thanks, @tastytrade @tastyworks!

[Caleb 🍒 @tastytrader007]

@tastytrade, to get a free copy of the Unlucky Investor's Guide, I read "funds deposited into a tastyworks account to meet the $2,000 minimum must be made via ACH, wire, or check"

Does this mean an ACAT transfer from a non-Tasty broker won't qualify? 😢

[Caleb 🍒 @tastytrader007]

Closed today at P50 💰🥳 #tastytrade #options

[Caleb 🍒 @tastytrader007]

New short strangle on $XLF Friday (11/26). 35/42 strikes. IVR @ 68%. 21 Jan expiry. Collected $0.84. #tastytrade #options

[Caleb 🍒 @tastytrader007]

Short put on $EWZ. 28 Strike (~30 delta). 21 Jan expiry. IVR ~50%. Collected $1.15. #tastytrade #options

[Caleb 🍒 @tastytrader007]

Hey! Nice to see this trade recommended by @QuietFoundation the day after I put it on 🤝 #tastytrade #options

[Caleb 🍒 @tastytrader007]

Short strangle on $PFE. IVR @ 77%. Went with 46/60 strikes (16 delta on each side), 21 Jan expiry, and collected $1.13. #tastytrade #options

[Caleb 🍒 @tastytrader007]

Short strangle on $PFE. IVR @ 77%. Went with 46/60 strikes (16 delta on each side), 21 Jan expiry, and collected $1.13. #tastytrade #options

[Caleb 🍒 @tastytrader007]

Closed for P50 #tastytrade #options

[Caleb 🍒 @tastytrader007]

Squeezed in a short put on $XLU before market close. 63 strike (27 delta). 21 Jan expiry. IVR @ 50%. Collected $0.95. BPR is a bit high (>$1K), but 🤷‍♂️ Decided against a strangle, since there wasn't much premium on the call-side. #tastytrade #options

[Caleb 🍒 @tastytrader007]

Closed for $0.50 profit (a bit over original P50) after one expiration roll. #tastytrade #options

[Caleb 🍒 @tastytrader007]

Short strangle on $EWZ. IVR @ 71%. Went for 19 delta on each side. 17 Dec expiry. Collected $0.88. #tastytrade #options

[Caleb 🍒 @tastytrader007]

@elonmusk's haircut is too high imo

#tesla #ElonMusk #elon

[John W. Rich (Wealthy) @Cokedupoptions]

BREAKING: SEC TO LAUNCH INVESTIGATION INTO ELON MUSK'S HAIRCUT

https://t.co/B1LtT05Lml

[Caleb 🍒 @tastytrader007]

Focus on building yourself up--not tearing others down. You are capable of much more than you think.

(I am not affiliated with M1 Finance; I only use them as an example)

Also, borrowing in this way incurs risk; so please don't do it unless you really know what you're doing.

[Caleb 🍒 @tastytrader007]

People complain that it's not fair for wealthy people like @elonmusk to be able to borrow against their stock portfolio and not pay tax (on unrealized capital gains).

Do you realize you can do this as well? M1 Finance allows you to borrow against up to 35% of your portfolio.

[Caleb 🍒 @tastytrader007]

@optionsappetite I've wondered the same thing. The only thing I can think is how many people are turning to crypto as a hedge against inflation instead...not sure if that's the case or if it'll last even if it is 🤷‍♂️ I'm long gold and silver as of April 2020..

[Caleb 🍒 @tastytrader007]

Closed at P50 today 💰🥳 There were some scary moments that made me doubt my decision to bet against $TSLA, but it eventually worked out...this time. #tastytrade #options

[Caleb 🍒 @tastytrader007]

I love $TSLA as a company, but I'm going bearish here with a $5-wide short call spread. 50 DTE, IVR at 35%, collected $1.70. #tastytrade #options #tesla

[Caleb 🍒 @tastytrader007]

After one roll out in expiration, I was able to close today at the original P50 💰🥳 #tastytrade #options

[Caleb 🍒 @tastytrader007]

Fading $NVDA. Short call vertical ($5-wide). Collected $1.42. IVR around 50%. Stock is flying high, so I'm playing contrarian. 17 Dec expiry. #tastytrade #options

[Caleb 🍒 @tastytrader007]

I played with earnings...swing and a miss! Completely breached (by 20%). Not making any adjustments at this time, since I'm long-term bullish on $SWBI. In fact, I sold the 15 strike put for $0.70 in another account today. #tastytrade #options

[Caleb 🍒 @tastytrader007]

Short put on $SWBI. 20 strike. 21 Jan expiry. IVR still at 53%. Collected $0.95. #tastytrade #options