/biz/ - Business & Finance

>>18098213
>Rich dad poor dad, really puts you in the right mindset to do business
Do you play the desktop version of cashflow 202?
It's really worth doing.

I used to love the options market in the game, and now I make money in the options market in real life.

>>17922780
>Anyone else new to options and playing with some money? Put down $500 and 10 contracts on GME 4/17 $3p before the market closed today, hoping this shitty company crashes and burns.

You thinks its going to zero?
I might just buy one for the fun of it.

I made a 9.5x gain on DUST call options this week, the hold was like 5 months.

>>17659406
>Do any of you do anything investing or business related that doesnt involve fucking crypto?
yeah options trading
unironically BTC could 100x from here
so I hold some in cold storage, I treat is like gold

>>17574791
based advice!
I'm waiting for a rally in SPX then I buy some short term SPXU calls waiting for a dump.

>>17481549
>So let me get this straight if I buy a bunch of calls on the SQQQ, when the market takes a huge shit by the end of the the month I should make a bunch of money right? are there any flaws to this plan??

I have tried this with some success.
I would avoid options on the leveraged ETFs a crab market wrecks them.

I closed a position on SPUX yesterday at a profit.

The straight SPY options are more profitable from my experience.

you ever traded options before?
If so what do you have on now?

>>17345400
>Alfpill me on options trading

I prefer swing trading options
Learn to trade options form ex floor traders
https://www.youtube.com/user/tastytrade1/videos

Why selling options has profits
https://www.tastytrade.com/tt/shows/market-measures/episodes/actual-vs-implied-moves-07-16-2019

https://www.youtube.com/watch?v=amao0pJE1XI
I would start by selling a put on cheap stock you would own anyway.

Guy makes a million a year on 5 million consistently selling options
https://www.youtube.com/channel/UCg6XBPhtVqntGhtAblXxybg/videos

>>17233260
>Jim Simon's only competitor is
based
Chat with traders is good interview series with interviews about Rentech
https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg

>>16613929
>Why are they so based?
Math and uncertainty I guess.
what is the underlying for that chart?

>>16476102
>I never hold to maturity and try to get out of the trade before theta has a large impact. My trades usually work. My question is do you think this is a useful model or have I just been getting lucky

How long is your hold time?
How many days to expiration do you buy?
Do you buy ATM or OTM options?

As for getting luck we have been in a 10 year bull run. So if your long biased then the trend has been your friend.

>>16455702
>always reference historical volatility when assuming if a stocks current IV is high or low at the current time relative to the past.

I'm using the 30day and 200day IV for comparison. Is that what you use?

Also do you ever long options for directional plays?

It would be good if you posted example trades for people to follow along.

We have a discord server you could join if you want.
I trade options and most people trade crypto in the discord and there are people writing their own trading bots.

my discord is VWRlc2g#4757 add me as a friend and I'll send you an invite.

My overall goal is to write a options trading bot that sell spreads mechanically like you do, so if you want to learn about automating your trades let me know.

Is the probability of profit thing you mentioned a website?

>>16373636
>are you the options trader anon?
maybe...
kek!
what's happening fren?

>>16356885
Who else here /tastytrading/

>t.snosnoff

>>16311242