What are the Theta Gang strategies? Came across this sub from r/options and am curious, what exactly are the Theta Gang strategies? Seems people are posting mostly about CSPs on stocks you wouldn’t mind owning if assigned and then selling Covered Calls on those stocks (The Wheel strategy). The most effective way is to close your position, take the loss and redeploy your remaining capital/margin on a better position. Perhaps on a different ticker. Or let it get exercised. Rolling is a fantasy invented to help psychologically deal with a loss.Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores TOPICS. Gaming. Valheim; Genshin Impact; Minecraft; ... We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 Members Online. Lost 30% of my portfolio (USD 25k) with the recent decline in market. ...I'm bull gang atm and haven't been making much progress. I can see the light that theta gang is the way. Small consistent gains. 2-4% a week for a…We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 ... As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Our goal is to help Redditors get answers to questions about Fidelity ...r/thetagang. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌. MembersOnline. •. truemeliorist. ADMIN MOD. For the more experienced theta gang … Theta has been one part of my effort to achieve financial independence, which I have written about in FIRE threads. This post documents my experiences with theta over 13 years, what my key lessons have been, and how I have matured as a theta trader. Theta is a hobby. The research and trades that I make are done outside of work, which consumes ... You’d be over allocated and a down move in SPY would wipe your account. Also, a long call has a lot of extrinsic that you’ll bleed. If you were to open a backspread with around 100 deltas and minimal extrinsic on SPY, or sell an ATM put and buy an ATM call, it would be more like $8k either in debit or capital requirement. r/thetagang. Bill Nye the "Science Guy" got torn to pieces for his answer on Reddit. So we did his homework for him. Apparently, this is a question people ask, and they don’t like it when you m... SoMuchRanch. $200k -> $3M+ in 4 Years. Thanks, Thetagang . 4YR Performance. Thetagang Proverbs We Have All Forgotten: The Wheel is for preserving wealth NOT building it (buy/hold outperforms) Use it as a tactic to learn the mechanics then either get comfortable with margin or realize you are like 99% of humans who are better off with buying SPY ... For a 10-point wide spread the pricing on it was actually better than the price of a 10-point SPY or XSP spread. i.e. I just looked at 17 Jun (42dte). The spy/XSP 375/365 ps was around 1.31-1.35. The SPX 3750/3740 ps was around 1.45. Same $1000 of capital, same over/under line, but a higher premium on SPX, plus the better tax advantage. Theta has been one part of my effort to achieve financial independence, which I have written about in FIRE threads. This post documents my experiences with theta over 13 years, what my key lessons have been, and how I have matured as a theta trader. Theta is a hobby. The research and trades that I make are done outside of work, which consumes ... Discord server for people serious about making money. Hey all! I hope you are doing well. I created a discord server for people who are intentional about escaping the rat race. It covers the financial markets, business ownership, and personal finance. This is great brother. Don’t forget to start your YouTube channel soon also.TDA/TOS is overall better, IMO. Tastyworks is essentially TOS-lite. Tastyworks advantage is that they are far more lenient approving you for naked options trading. If you are a new trader with a smaller account and want naked options approval, I think Tastyworks is where you are going to want to be. Tastyworks is much better for options related ...Why is there this large spread between bid and ask on certain rolls? I expect that the answer is math, enlighten me on the hows and whys if you can! More than likely it is the Mar 15 is a monthly expiration date with more volume, and the Mar 22 is a weekly with less volume. More volume usually results in better liquidity and tighter spreads . . .6 Sept 2022 ... Technically with theta strategies you are looking at similar gains vs. ETFs, it's just that theta strategies let you have more consistent income ...6 Sept 2022 ... Technically with theta strategies you are looking at similar gains vs. ETFs, it's just that theta strategies let you have more consistent income ...I'll give a rundown of three approaches, and let you make your own conclusions on what strategy best fits you. Weeklies: selling options expiring within a week, (0-7DTE [Days To Expiry]) 30-45 DTE: popularized by tastytrade, selling options that expire 1-1.5 month out. LEAPs: 1 year or longer to expiry; Let's benchmark..GDX, XLU, and XLF are 3 of my favorite to trade options with in general right now. Honestly, I'll probably just be trading SPY, ES, or SPX, etc when my account gets a bit larger. My 401k that's 100% SPX fund beats the pants off any options shenanigans I can come up with. I’m up 180% on pltr calls.I’ve been trading for over two decades and taken many courses on investing and technical analysis. I’ve used a lot of different indicators but I find the simpler you keep it the better. The ones that I mainly use is the trend lines, Rsi, Macd, and the stochastics. Occasionally I’ll look at others like the bollingerbands.They are probably classifying a "theta" play as a play that has no directional component (i.e. delta-neutral). The equivalent delta-neutral play involving credit spreads would be an Iron Condor (i.e. credit spreads on both sides). Credit spreads is def a theta plays you just put a long leg in to max your loss.r/thetagang • I am a longtime employee of one of the big firms that executes retail order flow from the likes of you guys. I'll answer the top five upvoted questions after work today.Theta Gang is definitely a solid strategy for generating consistent premiums in a range-bound market. Keep up the good work and may the Theta Gods continue to bless your trades! ... Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in …142 votes, 32 comments. 206K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! ... Welcome to Destiny Reddit! This sub is for discussing Bungie's Destiny 2 and its predecessor, Destiny. Please read the sidebar rules and be sure to search for your question before posting.Common play would be about $10-15 spread, collecting about 1/3 that width. Probably around 30 delta for the short options. 45ish DTE. Close at 50%, or manage at 21dte, whichever comes first. The problem with employing Iron Condors on SPY right now is that the Implied Volatility is really low.10k to 100k in 5 months. 23k in deposits and 67k in steady profit from theta. After getting cleaned out from buying options I read a lot of the advice in here and learned how to effectively switch sides and sell options. First and foremost I recognize gains of this magnitude are attributable to the high IV environment we're currently in, and ...r/Chiraqology. • 16 hr. ago Sosa, Founder and CEO of prominent Cannabis company, GlobalGenetics at his office at the Agricultural Warehouse. r/Chiraqology: r/Chiraqology, a subreddit to discuss drill music and Chicago gang culture.Theta gang strategies. If you’re an r/wallstreetbets regular, you’ve probably come across some of our fallen fellows who lost money from options trading over a long … TOS is better in every other way. TW is actually $1.29 for options on most underlyings (more on SPX and others with higher fees), when you consider the fees. Normally $0.15 at open and $0.14 at close. The 15 and 14 aren't commissions, those are collected by options clearing house and the exchange. The theta burn in the first hour never seemed worth the risk of having to take a loss on a day that I could have otherwise just picked direction properly. Usually didn’t hold past mid-day, but tried a few times. Sometimes it bit me, sometimes it paid off. Stopped playing with fire and stuck to mid-day close. Recently, with the daily whipsaws ...ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used …16 Dec 2020 ... 2% per week is fucking dangerous IMO. If you sell naked like I do you can do 5% a month with moderate acceptable risk. I personally think you ...Why is there this large spread between bid and ask on certain rolls? I expect that the answer is math, enlighten me on the hows and whys if you can! More than likely it is the Mar 15 is a monthly expiration date with more volume, and the Mar 22 is a weekly with less volume. More volume usually results in better liquidity and tighter spreads . . .Finviz - Short Squeeze/ High Short Interest/ Stock Scanner. For those who may be unaware, there is a very easy way to scan for high short interest stocks (or any other stock for that matter) using Finviz and the "Screener" tab. Below is an example of what a basic scan could look like, feel free to tweak whatever criteria you want (technical ...Don't Get Your Holding Period Reset When Wheeling! The Tax Implications of Covered Calls Covered CallTDA/TOS is overall better, IMO. Tastyworks is essentially TOS-lite. Tastyworks advantage is that they are far more lenient approving you for naked options trading. If you are a new trader with a smaller account and want naked options approval, I think Tastyworks is where you are going to want to be. Tastyworks is much better for options related ...Learn how to use theta gang strategies to collect premium from options trading. Theta gang is a concept that capitalizes on the fact that the prices of options …2 Apr 2023 ... The idea that you should only sell premium is overly simplistic. You just have to understand the risks. There are more ways to lose money buying ...With regards to RUT Index there are 2 types of options RUT monthlies and RUTW weeklies. From what I understand, RUT monthlies expire on the 3rd Thursday of each month, with the Settlement date being Friday (AM settlement). This means in this case RUT closed at 2274.52 today, but if you have a RUT 2265/2270 put credit spread for 10/14 that you ...Beat the capitalists at their own game with ThetaGang 📈. ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. This bot implements a slightly modified version of The Wheel, with my own personal tweaks.205K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌4 days ago ... typically 45 DTE with exit around 21, but i'll also trade condors and spreads 2 weeks out and sell on friday 1 week out, a 1 week hold. the 100% ...If you averaged that every week for the next year, you'd be at $1200*52 + $35000 = $97400 one year from your post. And two years from now, you'd have more than a $260k account. And this would be much more if you calculate it as a percent, such that the dollar value is actually a little higher each week. If you pick a stock you are bullish on and is volatile like SQ, AMD or S for example, you can sell weekly covered calls on them to make 2% or a little over that. Since AMD and S are cheap you won't even need much capital to buy the required shares. If you get 100% margin, thats double the gains. 4% a week translates to about 669% gains annually. Theta gang strategies. If you’re an r/wallstreetbets regular, you’ve probably come across some of our fallen fellows who lost money from options trading over a long …Discord server for people serious about making money. Hey all! I hope you are doing well. I created a discord server for people who are intentional about escaping the rat race. It covers the financial markets, business ownership, and personal finance. This is great brother. Don’t forget to start your YouTube channel soon also. Reddit's Goth Community, for goth music and subculture! Please check out our Wiki which features the rules and FAQ, and our sidebar which features many resources on goth music, (including recommendations and playlists) fashion, history, and scene. Still plenty of downside but with the Q's down ~35% seems like a decent risk/reward. Personally I think all the indices are best used for neutral positions since the market has been trading in a relatively tight range. Iron condors, strangles, or straddles (if you're a real man) have been making bank lately. Edit: grammar. snipe320. • 1 yr. ago.Real estate is often portrayed as a glamorous profession. Real estate agents, clients and colleagues have posted some hilarious stories on Reddit filled with all the juicy details ...Definitely this. I went to the school in the Brianerd area and lived 10 blocks south of that initially in another “boundary” me being a giddy two shoes child I wasn’t about any of it but was definitely aware of it all just not in the sense of hanging worth he wrong crowd.ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has …Filed Taxes , forgot to report a free stock and a 6 cent dividend from robinhood : r/thetagang. Open menu Go to Reddit Home. Log In. Log In / Sign Up. Shop Collectible Avatars. 80 votes, 164 comments. true.14 Feb 2024 ... ... u/BullfrogBrewing avatar · BullfrogBrewing. • 26d ago · https://www.reddit.com/r/thetagang/s/WHkTFuwuCB. This you? Upvote 4. Downvote Reply ....If what you are looking for is increased income from your portfolio and want lower risk then this is a great solution. If you had say 50,000 to play with you could put half into QYLD and half into wheeling to get a stable and reliable income of ~200/month to pay bills with plus anything you are earning from your wheel./r/thetagang doesn't have a FAQ or wiki page like other subs do, so I decided to write this up with the hopes the mods would adopt it. I think it would help cut down on posts …THETA GANG. Discover. About. v 4.25.0. Login / Register. SOUN. 46.7 % TSLA. 3.9 % MARA. 21.7 % RIVN. 6.3 % CLSK. 23.9 % GOOGL. -4.4 % HOLO. 81.5 % NVDA. 0.3 % …Discover how the soon-to-be-released Reddit developer tools and platform will offer devs the opportunity to create site extensions and more. Trusted by business builders worldwide,...Selling CSP on SPY 383 strike collects $1094 in premium on around $38,100 of capital = Percent of Capital 2.87%. Selling ATM Put on /MES with cash in account equivalent to notional value, so around $18,800. This would collect $616 in premium = Percent of Capital 3.28%. Selling ATM Put on /MES with $9,400 of cash in account = Percent of Capital ...3 Nov 2023 ... Discussion. Update from this post: https://www.reddit.com/r/thetagang/comments/170yheq/15m_account_new_to_selling_options_any_advice_on/? .... Let’s say you wish to sell a 3350 put on it expiring when High IV Tickers List. *Some of the market cap data is The wheel is a delta strategy with a little bit of theta sprinkled on top, not a theta strategy. Left out PMCC... What lesson is that? Spreads $5, $10 wide sometimes up to $20 in liquid options market. and hopefully get some move/time in my favor and then add the other side. the sweepers are part of the 4z which is an alliance between several sets made up of paybacc crips, 83 gangster crip, surprisingly 823 g stone crips, makk balla family, blood hound brims, sex money murder bloods o trendys, gorillas stone bloods and surprisingly they exist some patriaa sets that are part of 4z and Ygz, the sweepers claim OYk, they … Extreme_Blueberry887. • 3 yr. ago. No, rol There's a <a href=\"https://hub.docker.com/repository/docker/brndnmtthws/thetagang\" rel=\"nofollow\">prebuilt Docker image\nhere</a>.</p>\n<p dir=\"auto\">To run …159 votes, 73 comments. 209K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 11 Dec 2021 ... I'll give you that they're not true trash ...
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