Calculating expected moves using the ATM straddle price: Does anyone know how precise is this typically? How much is this expected move actually correct?

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Additional Posts in Option Traders & Investing

New to options on fishbowl - I have a call itm with Robinhood that expires tomorrow. If I don’t sell it, what happens? Will they exercise or am I better to sell it?

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Shifted more options profits into 250 NOK shares

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How do we still feel about GHIV and BFT

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8/12 Thread (General):

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Super risky play: If you have day trades available, I suggest buying 250 3/20 calls at open and selling right around 11:30 when trump speaks. So far every time there is a conference we see a pump.

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What’s does “fill the gap” mean??

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BC - UVXY calls ATM here at close with Dec expiry?

In your opinion, what’s the best hedge / best buy against rising interest rates?

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Just read in Robinhood Snacks that Peloton has their IPO this Thursday on NASDAQ. Can't believe I haven't heard anyone else talk about this yet.

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Dipped my toes in some dumbass hype stock - 60 shares of FMCI, planning to sell within 2 weeks

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Cons of moving 75% of my savings to an Intermediate US Treasury ETF (SCHR)? I wouldn’t mind losing 4-5% if the market rallies, but would rather put cash to work if the market keeps tanking

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My play for next week:
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Is NIO worth a buy here or are there better options for EV?

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I have just got an options trader job at a prop trading firm. But I knew nothing about options/trading/finance. The firms said they’ll be officially training us once we start. But in the meantime, what are some books/resources that you would recommend to start learning first?

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For the noobs - remember if a stock goes up quick, it can go down quick. Good day to buy more!

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Does anyone know how to roll options in Fidelity’s app? Recently moved from TDA to fidelity

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6/16 Thread (BC):

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