OptionsOG

23+ years of trading options (at institutional level). ~5+ trillion transacted. I'll teach Options 101 and post my trades.

(For entertainment purposes only)

[OptionsOG @TheOptionGod]

Trades and performance tracker:

https://t.co/DNtzxlgFAs

Trade logs updated in real time.

[OptionsOG @TheOptionGod]

@Invest_Brandon Selling puts "against" a long position is an oxymoron. You're selling puts IN ADDITION to being long those shares. Its the same directional exposure. "Against" implies it's some sort of hedge.

[OptionsOG @TheOptionGod]

@aincomeinvestor We can hear the sarcasm, but it's actually good advice.

[OptionsOG @TheOptionGod]

Markets should be open 24/7. What else am I going to do, hang out with the family?

[OptionsOG @TheOptionGod]

@WealthCoachMak I'm not sure you know the risk(s) you are taking.

[OptionsOG @TheOptionGod]

@StocksCashFlow Selling earnings vol is often tempting, but I'd first take a look at historical vol (around these events).

[OptionsOG @TheOptionGod]

@StocksCashFlow I like it.

[OptionsOG @TheOptionGod]

@shentrades surely. But your claim is to be net-long gamma every day. To claim this is a long-term viable strategy is... disingenuous.

[OptionsOG @TheOptionGod]

Be aware of your biases.

I'm biased to sell options, t/p early, and s/l slowly.

I'm aware of this, so whenever I go to trade, I pause and take a moment to think and address my bias.

That being said, I'll never stop selling options 😂.

[OptionsOG @TheOptionGod]

@DionTrades_ Whatever you do, do not enter before the 9:59am candle confirmed direction. Whoooo... lol.

[OptionsOG @TheOptionGod]

Daily Options Knowledge: Theta is how much your option value decays (loses value) over time. Typically, traders look at their 1-day or overnight theta, but any measure of theta can be useful.

Intuition: Shorter-dated options decay faster. If you have a 1-day option, it will decay by 100% in 1-day.

*Don't confuse option value with "in-the-moneyness". if an option is in the money, the amount that it stays itm doesn't decay.

[OptionsOG @TheOptionGod]

@Equ1ty_Engineer lol

[OptionsOG @TheOptionGod]

@BlackMambaMilli as long as it's less than 10% of your net worth, tis' fine.

[OptionsOG @TheOptionGod]

@cmsinvests at $1mm? Any financially responsible ferarri dealer will tell you to go back and live with your parents, son.

[OptionsOG @TheOptionGod]

@vnkumarvnk so the market cap will be 1 quadrillion? good analysis.

[OptionsOG @TheOptionGod]

@0dteprince 🙏

[OptionsOG @TheOptionGod]

@L2WTrades Ironically, this is definitely the approach of an amateur.

[OptionsOG @TheOptionGod]

@MambaCalls let's make it $10,000 a trade then

[OptionsOG @TheOptionGod]

@timeframeking you could have 1,000,000 hours of chart time. charts are for amateurs.

[OptionsOG @TheOptionGod]

@TicTocTick Earnings may be up, but free cash flow is likely to be way down. Interesting to see how it plays out.