/biz/ - Business & Finance

>>56967659
Thank you Mr. Russell for that pump on the RUT and /RTY
I've made some shekels today

>>56945086
Luv my index options
Luv my futures
Luv my theta
Simpl' as

>>56689652
Hello my fellow derivatives enjoyer
For the most part I've only spammed credit spreads on SPX and RUT for the past few years but only trying other things now kek

>>56600526
You could do spreads, ironflies, etc....

>>54860601
Yes and no, yes in the fact I got HEEEMED but I rolled every spread as far out as possible to break even. In short I had to sit on a bunch of spreads until I could close at break even.
So on one hand I had a boat load of capital tied up but since index options don't expire early it wasn't *that* bad.

>>54469806
I'm partial to LMT and RTX, you can count on the military-industrial complex to make money after all.
Also RACE, Ferrari and other "luxury" companies like it often do well when the economy implodes. 2008, for example, was a profitable year and as things got unstable in 2020 it was profitable then too.

>>54419186
>But I'm not sure what the advantage of writing 0dte is
There's a method to the madness here. SPX being cash-settled and more or less reliable to work with on a price action and news standpoint you could in theory spam a bunch of credit spreads with a delta of 0.2 and collect a SAFE and reliable credit.
Used to do this myself until being directional wasn't working. However I do this again now but just selling short butterflies or put condors so I can be directionless and still collect a credit.

>Is there a special advantage of writing 0DTE? The theta is usually higher closer to expiration
Yes, in short you spam a spread at a delta of 0.2 or 0.3 and you get cash when it expires. Depending on the width of the spread it could be a simple 100 bucks for risking 400, or 1000 for 4000.
The safer you get obviously the less the credit is, but the fact you can more or less spam this with a higher-than-normal success rate is why some traders go this route. To add here as well, if it goes south you can easily kick out the spread by rolling it since it's SPX and has liquidity.

>>54327189
>Trying to time some puts here.
Use caution anon, the market has a tendency to be autistic and pump out of nowhere.
A better idea would be doing a bear call spread to get theta to be on your side if it doesn't immediately dump.
You could also try selling a Put Condor and collect a credit in either direction market-wise.

>>54314801
I would recommend selling a butterfly spread on a bank stock or two. The premium would be good and since it could go up or down violently you'd be good either way.
Just pray it doesn't just go sideways during the trade.