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re: Options Trading Thread

Posted on 10/18/23 at 4:40 pm to
Posted by LSUTIGERS74
Houston
Member since Oct 2007
245 posts
Posted on 10/18/23 at 4:40 pm to
quote:

Sosnoff & Co. were playing it


They were expecting a spike in VIX which it did today and had a ~$4 drop in the SVXY so would have paid nicely today as it was sitting around $86 when I looked at it yesterday at 6.42 credit on 10 wide.

quote:

TOS app


So so on the app, I like the desktop much better but the app is slowly growing on me.

I didn't get a chance to play TSLA today but did take some Netflix long calls yesterday (accidentally thinking the earnings were this morning).

Also dipped my toe into O DTE call scalps yesterday
Posted by Jag_Warrior
Virginia
Member since May 2015
4184 posts
Posted on 10/19/23 at 1:35 pm to
quote:

I didn't get a chance to play TSLA today but did take some Netflix long calls yesterday (accidentally thinking the earnings were this morning).


You made two good moves then. Me, on the other hand, I might get assigned enough TSLA tomorrow to demand a board seat.

But on the positive side, the 0DTE SPX short synthetic strangles have been printing this week. And Mr. Powell's speech provided a nice volatility boost today (now back above 20). So unless something incredibly crazy happens in this last 90 minutes, this will be a nice haul for one day.
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