Favorite team:LSU 
Location:Nashville
Biography:LSU
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Number of Posts:26581
Registered on:4/17/2004
Online Status:Not Online

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re: Options Trading Thread

Posted by LSUtoOmaha on 5/16/24 at 9:55 am
Selling covered calls on SQQ is not going to make up for the brutal decay factor inherent in a 3x inverse leveraged ETF. ...

re: Anyone retire early early?

Posted by LSUtoOmaha on 5/11/24 at 8:36 am
You want to keep working indefinitely but cut your hours back. Still have purpose and routine but more time to do what you want ...

re: Options Trading Thread

Posted by LSUtoOmaha on 5/4/24 at 3:30 pm
Jag, other than short volatility calls I've been selling some leap puts on margin, in companies I wouldn't find holding at a lower valuation. Well not quite leap but say, December, January. I've been finding it a little easier to manage with work. ...
Drizzt- do you just cancel and/or downgrade when your yearly renewal comes up? ...
Yeah we have the Fidelity credit card which isn't advertised much, but it's 2% cash back on all purchases, no limit, and no annual fee. Just put everything on there except when there's an extra cc fee and then I pay cash. ...
The credit card companies also caught on to this trick. ...

re: Options Trading Thread

Posted by LSUtoOmaha on 4/26/24 at 7:24 am
Ended up doing no earnings trades. Thought about Google but opted not to. I've kind of come to the realization I optimize profit/stress levels sticking with volatility trades. ...

re: Options Trading Thread

Posted by LSUtoOmaha on 4/24/24 at 5:23 am
Nice trade, that should easily fall out the money. My UVXY short calls doing well after this little volatility slide. ...
Here's the thing. Will Russia and China start to increase their influence with the withdraws of France and the US? Sure. But guess what, over time those countries will face the same challenges and end up with a headache that outweighs any reward. ...

re: Options Trading Thread

Posted by LSUtoOmaha on 4/19/24 at 6:03 pm
Nice job. :cheers: I'm still just hanging on to my uvxy short call position at the moment ...
The team should have definitely been in a regional too. They were probably the 25th best team or so in the country ...

re: Options Trading Thread

Posted by LSUtoOmaha on 4/15/24 at 10:28 am
Also, you're going to lose money at first, so start small :lol:...
What's crazy is that contract is actually not a bad deal for the Suns. ...

re: Options Trading Thread

Posted by LSUtoOmaha on 4/13/24 at 11:19 am
For puts I have had it happen several times. Never with calls but I assume I'd just be assigned a short position. That would be mildly annoying because it would incur borrowing interest so I'd likely close and initiate a new position out the money. As for your question, no idea about how the spec...

re: Options Trading Thread

Posted by LSUtoOmaha on 4/12/24 at 4:44 pm
I sold naked calls on uvxy today. Septembers atm. Collected $5,190 in premium. ...
Im against it. Teams have a salary cap, if they want to be idiots and overpay rookies, by all means go ahead ...

re: Nice get for Men’s Basketball

Posted by LSUtoOmaha on 4/4/24 at 7:19 pm
It's make or break in the sense that we have to at least be on the tournament bubble next year. No more 17-16 or worse ...
Ian's son Noah is great too. Look for him to have a big role in a few years. Hes with YES network now...