Which is the most optimal DTE to pick when selling options / spreads?

When picking shorter DTE you typically get a high theta and low delta, but if the IV is high the trade may turn against you and it has less time to return positive

With longer DTE you ensure that if the IV is high it has more time to drop so my bet is that the trade is safer, but also the cashflow is less recurrent

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45-60 days works best. Cover at 20-21 days.

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There is no "best." You are trading risk for money. I buy 100-170 days out, sell about 12-16, but that is very different than selling spreads.

I do a ladder on IWM, with expirations at weekly intervals from 1 to 9 weeks out. I close when I've made 50% of potential if more than 30 days out, and at 75% if less than 30 days. I close regardless at 7 days (almost always), or lose 2X my premium.

This is not my primary trade type, but works to balance my beta and provide income.

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Two weeks out. IV usually crushed more quickly during this time period

Thank you! 3-6 weeks was my estimation

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Question for Sales leaders who’ve said “I did an analysis and concluded we just need more at bats”.

Does it feel like you’re saying something useful? Or are you also writing a book titled “In order to get rich you just need more money”?

likefunny

What percentage of your monthly income do you actually see in your check, your net pay? Basically, what percentage of your check goes towards all the different deduction? I get 50% of my gross income deducted.

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Will Amex restricting guess access for Centurion Lounge actually make any difference?

I can see short term changes but the way Amex has been aggressively marketing Platinum card, we just will have overcrowding of primary card holders 🤷🏻‍♂️

What's next, everyone has to spend min. 50k a year to get Centurion lounge access or pay per visit.

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If my company is deducting tax on reimbursements for example relocation, flight travel, mobile usage, etc. Then how to show in tax filing? bcoz as per my understanding it should not be taxable as I am using my money and company is refunding and no extra income. It's like I have already paid once and while refunding company again deducting. Please guide on this issue.

Solana 😭😭😭

I don't own any and it hurts.

Curious in seeing what people's avg cost basis is in this, when you purchased, and why?

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I be wanting to go off but then I check my bank app, calm down, and keep working.

likefunny

What trading brokerage do you guys use? I started with Robinhood still use it. I opened up Charles Schwab as well few months ago but I’m thinking of transferring that account over to TD Ameritrade as I hear good things about tos.

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For those that have physical gold in their portfolio, what do you buy? What do you think is the best value? Coins? Bars? Other? And what weight increments do you usually buy?

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Now that flexing has become common: 31 year old senior associate, net worth of -$15k, salary of $80k, career in flames, renters destroyed my only property. AMA

likefunnyupliftinghelpful

Do you pay your credit cards in full every month?

I ask because I’ve let my credit spending get a bit lax since moving and adopting a puppy recently, so I haven’t been paying them off in full every month like I used to (though still well above the minimum payment, and keeping utilization at 30% or under). It got me thinking about how many people adhere to this advice.

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Heading to Buenos Aires and Montevideo tomorrow. Will be in each city for 1 week. Are credit cards widely accepted or do I need to exchange cash before I go. Thanks!

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Let’s talk credit cards! Is there any one which has 0% foreign transaction fee? (Like Revolut)

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For those who own investment properties - Rate being a landlord on a scale of 1-10

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Get upto 100% of your TDS as Refund in your desired bank account .
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File now to get rid of penalty for delay returns
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Any A&M folks here? Wondering how benefits / 401k compare to Big 4

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What's wrong with SAP stock prices ? It's downfall is from last 5 years!

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Ripple XRP - Bloomberg terminal, bank partnerships, Amex, and more - Forbes, Fortune, Business Insider articles - recent jump to $0.74

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Im so happy! I just paid off all my debts!

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What are the best ways of tax exemption

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Hi fishes

Actually there is one management group based in kolkata. They are offering me vendership for call center executive. But they are asking initial 1k per candidates for the insurance purposes. Insurance for assets they are providing like Mobile etc .

But I didn't connected with them via linkdin only. Can I trust them or they might be the fake one. I'm in very big confusion guys. I needed your suggestions.

Thanks in advance

Any insight for expectations on annual raises at BDO? Going into my first year-end cycle as an advisory manager

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I'm someone who has jumped firms a lot and am currently being pushed out of my current firm. I don't want to jump again, but I also don't want to lose this job with nothing lined up. Has anyone been in this situation? Were you let go without a job? How did you recover?

likesmart

Hi fishes,

Can you help me out with this- I have two opportunities at hand as a Manager in Genpact and Infosys BPM? Which one would be better in terms of career progression and value addition to my profile?

Does London banks do drug testing for new hires? Not a new hire but looking to switch offices within the company, thanks!

Not a drug hardo at all but sometimes enjoys the occasional 420 on weekends

Apple laptop question: starting with Apple next week and just received their laptop, but it does not come with any pre-configured corporate credential. Is this normal that we have to set everything up from the scratch on day 1?

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LMAO what do Afro Latinos look like? I just asked a creative to include more pictures of Afro-Latinos in our hispanic messaging and she said "I tried to find pictures of videos that looked authentic but they didn't have the right look, it's a very specific look". So no black people in the ad cause this white passing lady needs to gate keep who looks latina enough. The blond, blue eyed women in the photos passed though... UGHH.

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Anyone working for the city? I put in an application months ago and still haven't heard back from them

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Submitter resignation on 27th August 2022 (Saturday) in Cognizant. But still now didn't receive any mail for my last working day. Please suggest what to do?

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What are the best consulting firms for someone with a TS/SCI with FSP? Non staffing roles. I’d rather do strategy, transformation, tech integration, etc...

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Making Asses Clean Again

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Hey - I am a foreign LLM student with an IP litigation background (4/5years) trying to find a foreign associate/law clerk position in tech transactions. Any advice, suggestions, or job postings?

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Additional Posts in Option Traders & Investing

likehelpful

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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?

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only buy VIX if you think the market plumbing systems are clogged.

Otherwise your sinuses will become increasingly VIX allocated over time.

Maybe that's ok.

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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

Shifted more options profits into 250 NOK shares

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$DPZ 370c 3/27

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IGC just got delisted. Any thoughts what will happen to our shares?

[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.

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likesmart

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