New option trader since last month. How is trading options normally during a normal market time? Seems like it’s quite a grind w normal volatility and actually makes you research and follow the charts 

like
Posting as :
works at
You are currently posting as works at

Easier, but not by much. Stock actually moves in directions you want it to & think it will move to.

Take today - SPY jumps by $9 largely on good jobs report. In a normal market, I wouldve expected SPY to end around 315-316. However, it ended at 319, almost where it began for the day.

Same deal if you followed the snap trade. It probably shouldn't be trading at 20, but it is. And you would think it drops but it may hit 25.

The issue is there are a lot more buyers than sellers, and when stocks typically would have dropped they get pushed to new highs

like

Been trading for a month - gain 5% hahaha was once up 45%

Related Posts

Program Manager Healthcare Foundation $85,000. Worth it? Or too low?

like

Looking to buy Rolex OP. Thoughts on new vs used? Is the additional ~2k worth it for new?

Real estate Tax question: I have a personal property and investment property in Florida. I am about to pay one off. Should I pay off the investment property or the personal home?

like

If I invest in Eth today, would it be smart? Or should I wait till it cools down?

Amex Platinum or Chase Sapphire?

like

Hey y’all. I am starting a YouTube video and I am about to shoot a video about bank accounts. If you were an audience what would you like to know about your bank account?

like

Mergers? Fcb and McCann health probably merging? What do you think? And who stays who gets canned

likesmart

What you prefer to tell when people ask your income?

I usually prefer in hand salary 😇
As CTC and in hand after tax deduction is too much different.😑

If i say i am earning 45 lakh people are like wow man so nice earning...

If i say i am earning 1.5 lakh per month
People are like baju wala builder bhi itna hi kma leta 😂

Par kaise btayein ise ki baju wala builder 12 lakh tax nhi bhrta par ham bhhrte hain 😥

#Tax payers ki khani unhi ke jubani

like

How to bring tax liability to zero for 15 lpa ctc?
Can I claim hra for less than one lakh per FY and Maximum housing loan benefits?

The rental place and property under loan are in same city.. Parents stay in rental ( I pay rent) and I have purchased new flat in same city for myself.

likefunny

So wanna run something by you all. Looking at insurance plans. There are 4 plans that allow an HSA. 3 of the 4 are identical.
500 firm contribution to HSA = ~21/ pay period. Add that to lowest HSA premium plan. It still comes out lower than the out 3 plans. So what am I missing?

like

May be this is off the topic..
One of my friend who is a doctor & is an international med graduate. He passed his United States Medical Licensing Exams with above average scores. He has applied fr the match last yr & was nt able to match. Match process costs around USD10k; this year he is applying again after borrowing funds frm different sources bt he is under tremendous pressure to get match. I feel his pain as he has studied for 10+ yrs and is struggling to match nw. I m nt sure hw I can help

like

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

like

NRF matched Millbank in TX yesterday

like

I'm being interviewed for Senior Analyst in hsbc. Can anyone help me with the tax saving options available with HSBC? Like self education, communication, meal vouchers etc.

like

Any Deloitte people trade on robin hood?

like

What’s the best way to maximize having both the chase freedom unlimited and sapphire preferred?

For context, I’ve had the unlimited for 2 years and just opened the preferred because of the bonus offer. I will hit the $4k spending target, but after that, what’s the best way to use these two in tandem, given the unlimited rewards are all around much better.

like

Will I be overpaying, if I get a 2017 Lexus RX350 AWD with 49.5 K miles on it for 32K out of door from a dealership near me? This is my first time buying a used car and also anything outside of a Honda. All insights are appreciated.

like

What will be in in hand salary at 14.4 CTC? I have education loan as tax saving

like

What is the best performing NPS available on market. Let's assume that I invest 50k per year for tax saving, what could be my retirement benefits out of this(30 yrs of investing). Please help me with calculation and suggestions.

like

Anyone received Sodexo amount credited in your account for this month??? Still I didn't get the Sodexo amount

like

More Posts

I'm looking to improve my communication skills to navigate a very political environment better (i.e. I need to be more diplomatic). Any books recommendarions are appreciated 💁🏼‍♀️

like

Not necessarily Big Law specific but any firms hiring 2-3 year L&E associates in the Dallas area?

like

Anyone have any affordable case management software recommendations? I’m looking for something a bit non-traditional as I work for a small nonprofit. Ideally the software would involve document organization/access as well as like a running “log” for folks to post relevant events or work completed for the file.

like

Anybody have a 39mm Polar Explorer II? Thoughts?

like

When do you feel most secure?

like

Whoever said bumble bbfs was great couldn’t have been more right. It’s weird I’ve l been confident in how I look in the last few years but my personality and likability was put into question but instantly I seem to be receiving the friendship attention I like, 50+ likes by 4am on the first day, signed up at 2am. It’s kind of nice to make brand new friends without having a connection or a class together. Old friends and friends or friends sometimes benchmark you and don’t view the new you

likeuplifting

Just spent 15 minutes buying a flight on the jet blue app... is there software really that slow?

like

Openings at Commonwealth Bank India

Having experience in Data Analytics 0-3 years.


✉️Send your CV -
niket.kedia@cba.com.au

➡️Subject - Analytics at Commonwealth Bank

👨‍🎓👩‍🎓🧑‍🎓 Freshers are welcome to send CVs.

like

Was told that an LCA will need to be filed since I am now working from home - anyone else in the same boat and any ideas about timelines?

like

Any experience with Vermont service center H1B transfer recently without PP? Pls share timeline..

like

Not sure if this is the right forum but - my H1B extension has been approved (just got to know today) but my driving license will expire soon. Can my license be renewed without the original extension petition? Or do I need to wait for the originals to come in. Trying to understand what do I need to carry to the DMV. Based in CA. Couldn’t find a lot of info online, appreciate any help and advice!

And to throw into the mix, my lease is up so will be shifting to a new address soon.

like

My BGV is in progress for JPMC. I got mail to upload experience/relieving letter. I still didn’t get the relieving letter from my previous company. Shall I upload resignation acceptance letter for this?

like

I'm a 12 YOE professional working as a full stack dotnet developer on microservices and cloud apps. I have an H1B visa stamped this year. Looking for a sponsor in USA. Can someone refer me please?

like

Is there any shift allowance in LTI? Also regarding mediclaim, how much is the mediclaim amount given, is it for only employee? How much is the term insurance?

like

Does LTI change joining date , my issue is my notice period is 30 days remaining but due to some dependency it may be extended 10 to 15 days. What can I do in this situation ?

like

We bought a condo in February 2022 then as you know prices are going down while rates are flying up 😭 We're quite worried about the value of our home and can't really enjoy it. What's your thoughts about this? PS. First time home buyers 🤫

like

Does anyone work for Eli Lilly? Had a few questions!

How important are snapshots in pwc and how to handle them

like

Additional Posts in Option Traders & Investing

When will EV bubble will pop. Except tesla and rivian everything else is so over inflated. Nkla, wkhs, nio have gone up like 10 times in 3 months. That's insane. Will this bubble pop when tsla corrects and goes back to 1000

like

Anyone holding on to hotel puts?

like

.50 point rate cut from the Fed. This should make things lively.

like

Looking for a cannabis play that isn’t SNDL (sorry financials look like shit). Anyone have a view on GRAMF (JayZs company which just SPACed) ?

like

I don’t play with options much, but I happened to buy VERU calls for 2/19 a little while ago and now it’s skyrocketing, it’s up over $1k for me- will it keep going up? Should I just take the profits now and be happy?

like

X moving retty sharply lower. Time for calls?

like

10/06 Thread (BC):

like

BTCs dipping a bit through the weekend. Could that be an indicator to predict red futures tomorrow?

like

Is blockfi only a bank and not really investing in crypto?

like

It’s been an interesting 24 hours. So, you know I got out of the VIX Puts at 26 with a small loss. I bought a few DIA July 15 calls at the low at a 309 strike .13 so I did better than I would. Trading the technicals now with DIA and C Puts.

like

Quick 30% in and out of some UVXY calls for an hour ish

like

The worse the news get the higher the stock market goes... it’ll reach all times highs when we’re all unemployed and Jeff Bezos and a few of his buddies are the only one trading

like

Kicking myself for not listening to the CNBC analysts pumping TLRY since the IPO. Up another 50% in premarket.

like

I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

likehelpful

IMO It’s only a matter of time that Cuomo closes the entire NYSE. If you are holding short term options, consider the risk.

like

Sound the alarm 📣🚨 - time for calls on X baby

like

@BC what do you think about SHOP puts?

like

Anyone buying any stocks tomorrow AM? If so what?

like

Good traders tend to be flexible. I can make money in all kinds of markets, being a bull or a bear. Today was a headscratching day. We rallied a lot farther than we should have. We bounced in place's we shouldn't have. So, I have to ask myself? What the hell happened? While I made money today, I should have made lots more money. Remember the tip that markets don't count Pre-NY Mondays. If I decided to do my from last weeks low as opposed to today's low. I'm bullish. Additional info in reply post

Post Photo
likehelpfulsmart

What are some of your favorite strategies to use in VIX since it constantly decays? Bear call spread? Or is there something more profitable?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal