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File: 33 KB, 207x162, flash-crash.png [View same] [iqdb] [saucenao] [google]

15055621

Anonymous Wed Jul 31 15:15:42 2019 No.15055621 [Reply] [Original]

FOMC FLASH CRASH WEDNESDAY
SPX plunges two standard deviations.

What options did you assholes trade today?
Do you straddle, strangle or short naked?
Are you looking to burn theta?
Buying VIX calls?

Option price calcs:
http://www.cboe.com/trading-tools/ivolatility-services-free?serviceid=7
http://www.optioneducation.net/calculator/main_advanced.asp
https://play.google.com/store/apps/details?id=com.dipen.pricer.suite
https://optioncreator.com/

Useful sites:
http://vixcentral.com/
https://www.barchart.com/options/most-active
https://marketchameleon.com/
http://www.cboe.com/products/vix-index-volatility/volatility-indexes
https://www.reuters.com/theWire
https://www.nasdaq.com/symbol/aapl/option-chain
https://www.bloomberg.com/series/options-update
https://www.cnbc.com/options-action/
https://www.wsj.com/news/types/options
http://www.optionistics.com/quotes/stock-prices/SPX
http://optiontradingpedia.com/options_strategy_library.htm

Education:
http://tastytrade.com/
https://www.optionseducation.org/

Intro to options:
https://www.tastytrade.com/tt/shows/wdis-options-101/episodes
https://www.tastytrade.com/tt/shows/trading-for-newbies/episodes/

Last time :
>>15051313

>>	Anonymous Wed Jul 31 15:22:30 2019 No.15055729 File: 1.46 MB, 480x344, 1559071181486.gif [View same] [iqdb] [saucenao] [google] >>15055621 > you call that a flash crash even for this crypto is superior

>>	Anonymous Wed Jul 31 15:23:15 2019 No.15055741 10x your crypto with moon3d. bonus schemes awaits

>>	Anonymous Wed Jul 31 15:37:10 2019 No.15055950 File: 7 KB, 174x142, SPX.png [View same] [iqdb] [saucenao] [google] /OMG/ 2958 on the SPX mmmmm... bear put spread

>>

Anonymous Wed Jul 31 16:09:20 2019 No.15056459

>>15055621
I've always heard Options were the fastest way to lose all of your money. Take regular trading. I see a dip on SPY like today. I buy that bitch. It goes up I made money. Had I bought an option I would have made even more.
But what if it goes down. And down. Aaaaannndddd dooooooooown. What then? Weil, if just bought shares, no problemo, just wait it out until Powell removes the stick from his ass. But options? They expire worthless and I lose my money and my shares. WTF OP? Why would I do this?

>>

Anonymous Wed Jul 31 16:34:48 2019 No.15056914
File: 174 KB, 334x391, options101.png [View same] [iqdb] [saucenao] [google]

>>15056459
>I've always heard Options were the fastest way to lose all of your money.

Bit of a generalization there, like saying "drugs are bad mmkkay" Options when traded skillfully can be less risky than buying stocks.

If you're interested in learning options visit the links above.

>>	Anonymous Wed Jul 31 16:49:13 2019 No.15057128 File: 29 KB, 168x131, billionaire.png [View same] [iqdb] [saucenao] [google] >>15056979

>>	Anonymous Wed Jul 31 16:51:53 2019 No.15057160 >>15056914 will do. Thanks

>>	Anonymous Wed Jul 31 17:40:22 2019 No.15057791 File: 488 KB, 722x364, collect200.png [View same] [iqdb] [saucenao] [google] //OMG/ OPTION MARKET GENERAL VIX closes at 16 S&P plunged 2% Futures now at 2971 VIX Aug 18 calls now worth almost twice what I paid for them on Monday.

>>	Anonymous Wed Jul 31 17:43:15 2019 No.15057828 is it finally crashing?

>>	Anonymous Wed Jul 31 18:05:48 2019 No.15058074 File: 179 KB, 1031x648, ES-07312019.png [View same] [iqdb] [saucenao] [google] >>15057828 >is it finally crashing? It's a great start

>>	Anonymous Wed Jul 31 18:11:18 2019 No.15058142 My 8/9 SPY calls are full JUST. Only had the courage to average down once, so pulled that basis down just ever so slightly. FUCK THE FED

>>	Anonymous Wed Jul 31 19:25:57 2019 No.15059136 >>15055621 So if I buy an option and the shit goes against me with no hope of recovery, I can still sell the option before expiration and at least get some of my money back right? I mean, it's not an all or nothing deal, correct?

>>	Anonymous Wed Jul 31 19:28:01 2019 No.15059166 File: 77 KB, 549x453, $VOLD-07312019.png [View same] [iqdb] [saucenao] [google] The $VOLD NYSE up - down volume difference 21 day average went negative today This ain't over boys

>>	Anonymous Wed Jul 31 19:32:52 2019 No.15059224 File: 73 KB, 241x228, oh no.png [View same] [iqdb] [saucenao] [google] Is it gonna crash?

>>	Anonymous Wed Jul 31 19:43:20 2019 No.15059367 >>15059224 Downside risk 50%. Upside projection 4%. What do you think?

>>	Anonymous Wed Jul 31 19:55:44 2019 No.15059510 >>15059367 Yes

>>

Anonymous Wed Jul 31 20:22:57 2019 No.15059820
File: 119 KB, 268x162, tendies.png [View same] [iqdb] [saucenao] [google]

Tomorrow's Plan, August 01
1) Close some VIX calls for profit.
2) watch the indexes for high enough IV to short strangles / straddles
3) don't see any interesting earnings plays

What Are Your Moves Tomorrow, August 01?

>>	Anonymous Wed Jul 31 22:00:00 2019 No.15060831 New thread: >>15060825 >>15060825 >>15060825 >>15060825