Solid day today. Was banking on those SPY puts to payout on a pullback and I got the 50% return I was looking for today. Cashed in and will look for re-entry. May/June 500 and 510s are my preferred strikes based on the weekly 14 day sma

Post Photo
likesmart
Posting as :
works at
You are currently posting as works at

Solid work. I miss trading options. Had a similar strategy, only trading SPY. Alas, new job prevents me from trading.

like

What strike and expiration did you have on spy today? Nice play!

like

I had a blend of April 19, May and June puts. 10k in Aprils and more in May/June to give myself runway to let it play out. Based on my research, this was a high conviction trade. Hoping I get a re-entry above 520, but we’ll see.

like

Why are the “P/L Open” and “P/L %” fields zeroed out for most?

Closed positions

helpful

How’d the day go today? Reenter?

Yes, re-entered and exited once on the push down to 518. Reopened small positions again post-close around 119.75 and will look to cost average in the morning if SPY stays above 120 in the AM.

Good job op, newbie here on option, any suggested entry for may/june?

I still like GE for a larger pullback

Do you do this for a living?

Related Posts

If you invest ur HSA funds into stocks, do they get taxed upon selling? I know they grow tax free. But if I sell them and not make any withdrawals, wud I be taxed?

like

For the past 2-3 years, I have obsessively tracked my net worth/income trends/investment performance over time. I checked my trends just now, and OMG I hit the 300k net worth mark right around Christmas. I guess I haven’t looked at my dashboard for a month. This feels so cool. I want to shout it from the roof! I can’t really brag about this to my friends, so I’m sharing here! 🎉 🎉

like

If anyone is interested in investing in crypto, I’m running a kickback campaign on Vauld, where both, you and I can reap benefits. You could also FD your crypto investments at interest rates as high as 12.68% for a few tokens.

Comment here or DM me personally if interested to talk further. Note that this crash is a great opportunity to enter. 😊

Recently received 30k and wondering what to do with it. Not yet a homeowner but also not sure if we’re ready to buy anyways. Have a young baby. Any advice on how to figure out best use?

Question for my 401k focused advisors out there--what programs are you using that is instrumental to your 401k practice that you simply can't do without? I'm being pitched on Envestnet & im not sold.

like

Invest in roth 401k or traditional 401k and save the difference for a house downpayment?

like

Living in NJ and may be able to choose NYC as my home office. People who live in NJ can choose NJ / NYC office, which one did you choose?

NJ office: no NYC tax, don't have to file 2 state return. Live in NJ so auto assigned to NJ office currently.

NYC office: NYC tax on paycheck, easier commute, possibly higher pay?

likefunny

Feeling grateful & proud as I reached my goal ($50K by 25) 5 months early. But I can’t help feeling a bit overwhelmed. In the lifelong scheme of things, $50K doesn’t seem like much. I worked really hard and sacrificed a lot (including mental health) to get to this but it seems a little tiring knowing I still have so long to go. I recently moved out and in with my BF so my expenses are split, but nonetheless they are still expenses. Any tips on continuing this journey and keeping the drive?

Post Photo
likehelpfulfunny

Made my first few options trades.

first lesson I learned- take profits ASAP! calls went from +100% to -20%.

like

Noob question on selling puts- I just sold a weekly put that I WANT to get assigned. The stock fluctuate a few dollars a day so I’m looking for a specific price to own the shares at vs entering a limit order. The stock has already gone below my selected strike price by a 30 cents today but I haven’t been assigned the shares 🤔. Is it only by expiration day or am I missing something?

like

The equity market has HFT firms to help with volatility. Crypto needs HFT firms. Tempted to start one

like

My son made 11k on Doge but it is a joke coin. Put some money into SHIBA another joke coin. I knew all the cryptos would come back after the big fall. It was an opportunity to buy. Polygon has held up through all this because of the news from Deutche Bank. Look at the real cryptos. Bought these.

like

Hear me out! I left my 15 year career in the corporate world to pursue being a realtor.1) It was never boring
2) It was the most challenging
3) It was extremely rewarding to be able to help families find their dream homes

like

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

like

Is a 900k net worth for a single person at almost 40 good or terrible? I see posts from our US counterparts on net worth and salary and feel so behind yet we have such a high COL in Toronto.

like

Does FIL provide Corporate NPS for tax savings purpose?

Hello NYC fishes. If you pay your fares via OMNY for SBS bus, and there is no ticket to show if fare cops ask you for it. Apple Pay history won’t show up immediately after transaction (Chase), then what do you do?

like

NYC struggles: 1st paycheck to rent, 2nd to pay off credit cards. Almost none for savings. Maybe it's time to rethink my lifestyle of drinks and debauchery ✌️

like

Have 50k in brokerage to put towards buying a place in Atlanta. Young 20 something who's lease is ending soon

Roth IRA and 401k are well funded but don't want to pull from there.

Should I buy and rent the extra bedrooms to friends, or stay renting and put savings in stock market?

like

Hi y’all! I’m a financial educator and my job is to help families in need of financial education! I help anyone on learning how money works here in the US & how to get rid of debt! I offer financial products that help you protect and grow your money. I’d love to help you out in reaching your personal financial needs!
I’m also always looking for people to hire!

like

More Posts

Next year I am going to complete EMBA from KREA University in Operation, Having 9yr experience in Accounts, IR&Admin in one of leading Construction MNC, my current CTC 9 LPA, How much salary can I expect if I want to join other organisation ?

Going to a new firm and bringing a client or two with deadlines before I leave — can I do the work now but bill the time later at my new firm as long as I don’t double bill at my current firm?

like

What would you choose between palantir and a small startup with great growth opportunities?

like

Morning! Being laid off sux, I been down this road 5x in my career it never bets easier.

Dust off contacts and make your rounds
* if you’re in a good position to take time off do some, seems we all need a mental break anyway

likeuplifting

Bain & Company I will be heading to MBB in a few months. Any advice for how to best prepare for my new role? Any advice on books to read / skills to sharpen before I officially start? Thank you!

McKinsey & Company, Boston Consulting Group, Bain & Company.

likesmart

Is HCL calling to work from office?

Hi sharks, any hints on the VP salary at MS&C

Not a comp related post, but I have an Air Canada eCoupon worth $300 cad that I am selling. If anyone needs to purchase a ticket soon and wants it at a discount, please put your best offer in the comments (it is valid for three years from today)

like

Planning on retaking reg in three weeks. Got 62 and weaker on all the main section in Q4 2017. I didn’t do well on the time management and sims. Any suggestions? Is it enough time? Need motivation.

Taking AUD in 2 weeks. Got a 70 on Becker mock exam. Any advice I should have for these last 2 weeks, would be really appreciated

like

For FAR, what do most people think is a realistic number of modules to get through per day/week while working full time. For me, the hour lectures generally take up to 2-3 weekdays to get through lecture, MCQ, Skills, and Sims. By the time the weekend comes, I’m exhausted and need a break, but this seems too slow.

like

Got offers from
Jpmc - 25 lpa .senior developer position
Bnp paribas - 26.5 lpa , lead position
Yoe : 7
Which one to choose ? Plz help

like

@Vialto Partners is any working for Vialto London? How are you enjoying it so far looking to move there but not sure.

like

Hi all! I’ve been dating my bf for about 4 months now and there are some things he says/is into that make me believe he is either Bisexual or has gender dysphoria. I could really use someone’s advice who has a similar experience like this. Is anyone willing to chat? I just want to be supportive and helpful.

like

Share the best news you've seen today please!!
I haven't had a good week, but I'm sure this community can make it better :)

like

Who thinks Betsey should resign?🙋‍♂️

likesmartupliftingfunny

Partners / Managing Directors: in your junior years, how did you manage not wanting to work with a Senior Mgr who consistently tries to pull you into work he is doing? (He lies, tries to make you think that he is doing you favors, etc.) Does your answer now change as a Partner / MD?

like

Wow the week went by fast!
Time flies like an arrow....
And fruit flies like a banana

funny

I’ve been searching for a bilingual Chinese writer for some time now to partner with. At this point it feels like finding a unicorn. Anyone here worked with a conceptual writer not a translator?

like

Additional Posts in Option Traders & Investing

3/2 - (specific symbols)

likehelpful

For those who have been driving the daily thread posts (senior tax accountant / KPMG / etc) please DM me if interested in becoming a community leader for this bowl. I’ll put you in touch with Sam from Fishbowl. Thanks!

likeuplifting

What’s does “fill the gap” mean??

like

10/06 Thread (BC):

like

Hell YEAH!! They JUST approved!!!! Make it rain on Monday!!!

Post Photo
likesmart

6/16 Thread (BC):

like

$BABA got murdered today. Buy, hold, or sell?

like

MOMO reporting tomorrow - anyone know why this hasn't seen the same run up other tech has seen before earnings? Low P/E and consistent earnings - but analysts sentiment seems to not be as enthusiastic?

like

Looking for some interesting plays that are not Doge, GME, etc (already in those 😅). Thoughts?

like

Shifted more options profits into 250 NOK shares

like

Anyone going after any cheap Hail Mary plays for the week? Looking to put ~$200 to work but it’ll likely be a gamble.

like

What trading platform do you use? I was thinking of switching to TD Ameritrade think or swim, but wanted to see if they were any better options

like

[Help]

I started trading during Covid crash. Started with equities and eventually moved to options. Earlier lost a month's salary and then lot more trying to recover it. Currently have lost my yearly salary worth and it's affecting all aspects of my life (job, marriage, health). I have tried to convince myself to consider it a loss but always get back trying to recover it.

Any advice how to deal with it. Thanks.

likesmart

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

likefunny

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

like

How on earth are you guys getting into these AMD calls for 5/1? The theta is scaring the devil out of me. I almost went with the peer pressure yesterday and then backed out (I am bullish in AMD)

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

Anybody got any fire penny stock plays? IDEX is mine, but I’m looking for more!

like

Thoughts on airline stocks? Good time to get in?

like

Is NIO worth a buy here or are there better options for EV?

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