I Like to sell options! I try to offer insights on navigating volatility. Theta decay is your friend - Not financial advice. For educational purposes only.
🚨 New to options trading? Let's dive into the world of Options Greeks!.. Never buy/sell options without looking at the greeks!
📷Delta - Think of Delta as your "probability buddy." If an option has a Delta of 0.50, it means there's about a 50% chance the option will end up in-the-money at expiration. For every small move in the stock, the option price moves by Delta amount.
📷 Gamma - This is Delta's speedometer. Gamma measures how much Delta changes when the stock price moves. High Gamma means Delta can change rapidly, making your option's price movement more volatile.
📷 Theta - Time decay is Theta's game. Each day that passes, your option loses a bit of value. If you're selling options, Theta is your friend; if you're buying, it's the clock ticking against you.
📷 Vega - Vega loves volatility. It tells you how much the option price might change with a 1% change in implied volatility. When markets get wild, Vega tells you how much your option could benefit or suffer.
📷 Rho - Rho is all about interest rates. It shows how much the option price could shift if interest rates change by 1%. Usually, the least of your worries unless rates are moving significantly.
Understanding these Greeks can help you make smarter trades!
@mathlonning I hold decent $hood stock and I’m actually concerned they might regulate event contracts they are getting out of hand. Like you said it’s basically a casino in your pocket.
@Smhd786@RippedRobertsD@capybaraReborn I have a theory that this is maybe why $NBIS did that offering, to secure chips before hiking started. Last time NVIDIA hiked prices memory and neoclouds stock reacted positive. Specially memory
@squawksquare As long as you are not on margin and can hold for a while , you will hit the jackpot .. these prices are insanely good with how much TSLA has going on
@optionscjp I like how you put your money where your mouth is, but this is a very risky play. For someone who has been thru the ringer in this business, you are very heavy in this name IMO. Specially selling safer stocks to keep adding. Hope it goes well for you
@JonnyMathers92@Kalshi After how $TSLA tanked yesterday after those amazing delivery numbers , not sure we want the market open for more good news anymore lol.