Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 US Option trader, 0DTE to 2month DTE

views
     
Ramjade
post Apr 20 2025, 06:52 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(jasontoh @ Apr 20 2025, 06:34 PM)
I also wonder which day he would be selling the call, especially for the weeklies, is it on Monday or some other day?
*
Every Monday or Tuesday depending if Monday is a holiday or not.

QUOTE(taitianhin @ Apr 20 2025, 06:44 PM)
Nicelist. Tag this for my future reference
*
My list have change. Lol.
Ramjade
post Apr 21 2025, 11:18 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(Hansel @ Apr 20 2025, 07:55 AM)
Another quick thot in me : Share with us the Options you'll be entering tmrw, (it's a Monday) with details like which ctr(s) you'll be entering (Selling Calls On), what timeframes with 'end-dates' and how much premium collected.

Thank you.
*
QUOTE(jasontoh @ Apr 20 2025, 06:34 PM)
I also wonder which day he would be selling the call, especially for the weeklies, is it on Monday or some other day?
*
I won't share everything but I will share some
Servicenow | Strike 850 | Sold Call | Expiry 25/4 | Premium earned USD 400
Mastercard | Strike 530 | Sold Call | Expiry 25/4 | Premium earned USD 164
Linde | Strike 480 | Sold Call | Expiry 16/5 | Premium earned USD 230
IBKR | Strike 140 | Sold put | Expiry 16/5 | Premium earned USD 260
CNQ | Strike 30 | Sold call | Expiry 25/4 | Premium USD 10

This post has been edited by Ramjade: Apr 21 2025, 11:22 PM
Ramjade
post Apr 22 2025, 03:28 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(Mattrock @ Apr 22 2025, 01:27 PM)
Bro, you doing covered calls or naked calls for the above?
*
Covered call. I learn my lesson with naked call already. No more naked calls.

This post has been edited by Ramjade: Apr 22 2025, 03:29 PM
Ramjade
post Apr 22 2025, 08:38 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(dwRK @ Apr 22 2025, 08:32 PM)
80-90% probabilities  cool2.gif
*
Yeah. No more secret sauce/recipe tongue.gif
Rinse and repeat next week.

This post has been edited by Ramjade: Apr 22 2025, 08:38 PM
Ramjade
post Apr 22 2025, 08:59 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(dwRK @ Apr 22 2025, 08:55 PM)
sop is quite standard... i know more or less what you are doing... just that bro Hansel dun believe wink.gif

you pick 80-90% and let it expires... i pick 60-70% and close early as required... with charting can pick more aggressively for higher premiums... different strokes for different folks... smile.gif

all the best mate
*
Wow need to monitor if really 60-70%
As long as fellow kaki know and believe my what I said, more than enough.

This post has been edited by Ramjade: Apr 22 2025, 09:01 PM
Ramjade
post Apr 25 2025, 09:14 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(Hansel @ Apr 25 2025, 03:59 PM)
You don’t need people to believe you… I don’t.
*
I know you don't believe me. That's ok. I meant people who do options themselves will know what I post is the truth. Besides I got nothing to gain by posting how I did it cause everyone can and should be doing options. At least the basic stuff.

I am ok if people don't believe in me cause at the end of the day I am own portfolio.manager. I manage my money for my family future wealth.

But it feels nicer if you got someone to talk to.

QUOTE(ChAOoz @ Apr 25 2025, 07:28 PM)
I hope you did get protection for service now given the movement.
*
It's already profitable. I willing to let it go anyway. Will sell put to buy it back if it retreat. No issue for me.

This post has been edited by Ramjade: Apr 26 2025, 12:33 AM
Ramjade
post Apr 27 2025, 05:21 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(Hansel @ Apr 27 2025, 04:12 PM)
I get the ideas here,.. thank you for explaining to me and for sharing your trades, bros,... I have performed Options previously but I have always gotten distracted by dividend shares,... and ended-up buying more shares with the dividend that kept dropping in.

I'll study more when I have time,... now I don't.

Tks again, gentlemen,...
*
I will post again tomorrow my trades. Not all. Some of it.
Ramjade
post Apr 28 2025, 01:19 AM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(dwRK @ Apr 27 2025, 10:16 PM)
made an oopsie talking about Ramjade's winning...

come rain or shine he will be selling either a weekly put or call... so it is in fact 100% in this regard... 90% probability would refers to the option expiring OTM in his favor... and the other 10% doesn't mean he is losing.... wink.gif
*
Yup rain or shine I will be selling options. I aim a conservative of USD500/week.

Ramjade
post Apr 28 2025, 01:28 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(dwRK @ Apr 28 2025, 08:32 AM)
for fun paper trade to blow water... biggrin.gif ... 1 dte, after ernings...  imho conservatively better... wink.gif

user posted image

could have tried harder than 3.5... prices spiked to 8!... lol
user posted image

anyways...
*
Niceee. Pocket USD350 just like that. Since I was already ITM so I was not going to sell another call some more a naked call. So this week just sell covered put. Unlikely buy back at old price but it's ok

This post has been edited by Ramjade: Apr 28 2025, 01:29 PM
Ramjade
post Apr 28 2025, 08:46 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(dwRK @ Apr 28 2025, 05:32 PM)
absolute price doesn't matter... just need 100 shares for security blanket... biggrin.gif

not doing any pmcc ?
*
Nope. Cause I don't believe in paying by buying call and sell call on it to get the principal and profit back.

Cause if I don't get the principal back, it's basically rugi.
Ramjade
post Apr 29 2025, 12:09 AM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(jasontoh @ Apr 28 2025, 11:09 PM)
So doing any sell options tonight?
There are some stocks that I don't do options is because I worry getting called, although I think I can utilize this strategy, but just avoid near the earnings
*
Of course.

QUOTE(ketnave @ Apr 28 2025, 11:45 PM)
How much is your principal to aim for USD500 per week ?
*
Depend on you. You can easily get USD500/week with stuff like servicenow.
Ramjade
post Apr 29 2025, 12:18 AM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(Ramjade @ Apr 27 2025, 05:21 PM)
I will post again tomorrow my trades. Not all. Some of it.
*
Servicenow | Strike 840 | Sold Put | Expiry 2/5 | Premium earned USD270
Mastercard | Strike 505 | Sold Put | Expiry 2/5 | Premium earned USD 305
CNQ | Strike 30.5 | Sold Call | Expiry 2/5 | Premium USD 10
Google | Strike 150 | Sold Put | Expiry 2/5 | Premium USD 40

This post has been edited by Ramjade: Apr 29 2025, 08:23 AM
Ramjade
post Apr 29 2025, 11:52 AM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(ChAOoz @ Apr 29 2025, 11:47 AM)
If strictly speaking for weekly usd500 and with 100k usd capital might need to go for riskier option above the 10% strike range or higher iv ranked stock.
*
Not quite USD500 but ok la. USD270.

QUOTE(Ramjade @ Apr 29 2025, 12:18 AM)
Servicenow | Strike 840 | Sold Put | Expiry 2/5 | Premium earned USD270
Mastercard | Strike 505 | Sold Put | Expiry 2/5 | Premium earned USD 305
CNQ | Strike 30.5 | Sold Call | Expiry 2/5 | Premium USD 10
Google | Strike 150 | Sold Put | Expiry 2/5 | Premium USD 40
*
QUOTE(jasontoh @ Apr 28 2025, 11:09 PM)
So doing any sell options tonight?
There are some stocks that I don't do options is because I worry getting called, although I think I can utilize this strategy, but just avoid near the earnings
*
Some avoid earnings. I don't care to be honest especially as I said do on stocks you want to own.

I always sell puts on earnings if I don't have the stock.

This post has been edited by Ramjade: Apr 29 2025, 11:54 AM
Ramjade
post Apr 29 2025, 06:22 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(ketnave @ Apr 29 2025, 05:48 PM)
Ok, say all your put options get called, does that means you are now obligated to:

Buy ServiceNow @ 840 x 100 = 84,000
Buy Mastercard @ 505 x 100 = 50,500
Buy Google @ 150 x 100 = 15,000

With a total of $149,500

Is this correct ?
*
Yes correct. I already let go both servicenow and MasterCard at profit already. I also don't mind buying them back and owning them for the long term.
Ramjade
post Apr 29 2025, 07:02 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(jutamind @ Apr 29 2025, 06:22 PM)
possible to sell CSP with USD 10k capital? most of the stocks with volume and options tradeable are quite highly priced
*
Of course.

I got few stocks with less than 10k needed to sell CSP.
Ramjade
post Aug 22 2025, 10:54 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(klehfeh @ Aug 22 2025, 12:24 AM)
Are you guys doing wheel strategy ?
*
I am. But mainly sell puts as more lucrative.

QUOTE(luminaryxi @ Aug 22 2025, 03:10 PM)
to the sifus here. if want to do wheel strategy.

1) what is the recommended DTE?
2) if the market is bearish, what should i do?
3) how to do you guys pick stock and entry? entry during bearish phase? after earnings and dividends declared?
*
1. Depends on your preference and what you are comfortable. I do weekly.
2. Sell puts. Don't sell calls if possible cause rebound is very fast. Unless you don't mind your stocks to be called away. Selling puts when market is down pays more Vs calls.
3.First rule of options is always pick stocks that you are going to hold long term. How long say 10 years. Why? Cause it will come a time when you become a bag holder. It is inevitable. I do every week so don't care if earnings or dividends. Some don't want to do earnings date. I like earnings as it pays more.

What works for me may not work for you. Find your own style.

Ramjade
post Aug 25 2025, 11:12 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(luminaryxi @ Aug 25 2025, 10:02 AM)
i think premium not so lucrative if really want to put far OTM.

scouring through seekingalpha to find stocks to open csp.just wanna target 1-2% monthly good enough already, but limited BP
*
Depends on how greedy you want to be
Ramjade
post Aug 27 2025, 06:22 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(luminaryxi @ Aug 27 2025, 12:41 PM)
thank you sifus for the reply.

1) in my first month of option trading. BP is USD20k (including Malaysia stocks in MooMoo)
2) recent trade:
i) coreweave naked call (crazy i know, i just followed ppl signal)
ii) coreweave put (at 80 strike, expired worthless)
iii)) circle put (also expired)
3) currently open CSP on KO and AT&T (30days DTE, delta about 20, for total of $50 premium)
4) what website you guys use to search for high IV stocks?
*
You want high IV, palantir and Nvidia.

But I always follow my rule. Stick with stocks you want to hold long term regardless the premium.

This post has been edited by Ramjade: Aug 27 2025, 06:22 PM
Ramjade
post Aug 28 2025, 12:35 PM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(buffa @ Aug 28 2025, 09:33 AM)
Just curious, you did more call or put?

As I just started, those stock I dont mind hold long term are too expensive. I only sell call now.
*
I try to sell put only from now on. Cause I don't want to capped my upside.

You can do both. I do both but focus mainly on puts. If calls again don't be greedy lo. Sell far OTM so cannot be assigned.
Ramjade
post Aug 29 2025, 07:11 AM

20k VIP Club
*********
All Stars
24,431 posts

Joined: Feb 2011



QUOTE(jasontoh @ Aug 28 2025, 11:08 PM)
ServiceNow if 2+ actually the price different is 100, and with the price of ~900, you are committing 90K, so the return for 5 days is ~0.2%.
*
Don't look at %. Look at cashflow. Cashflow more important than % in my opinion. 0.2% is decent as it's around 11%p.a (0.2 x52 weeks).11% is around my target range. Or course what is decent for me maybe too low for you. Maybe you high flyer aim 20%p.a 😂
I am scarry cat so 10-11% also good enough for me.

QUOTE(Wedchar2912 @ Aug 28 2025, 11:30 PM)
using Now as example, if one's target is $2K per month, so per week is around 500 usd, then look for the strike on exp Sept 5th. it is the put option with strike 870.
spot now is around 908. Is 4.2% away a strike risky for you or not?
(btw, the vol stucks... around 33... so should look for a higher IV stock).
*
No la. Use combo of servicenow and other stocks to reach USD500/week. I myself also don't dare to go for premium that pay so high.

QUOTE(poooky @ Aug 28 2025, 11:56 PM)
Servicenow price about USD900 meaning need to accumulate USD90k cash before can trade?

Meaning if you trade more than 1 contract or multiple stocks then either need to put your share as collateral?

I only have about 2k now, what do you recommend to get started on so there I can also has a chance to fire?  Intc? Accumulate to 5k then unh?
*
Follow the first rule of options. Do options on stocks that you want to hold long term. Do you want to hold intel long term? Yes even if US govt bought them, they are not necessarily good. Govt bought them is kind of to support them.

If you don't like intel as a business DO NOT DO sell puts on it. Govt got unlimited money, you do not.

So for your answer no choice you need to collect until at least USD30-50k then got lots of good stocks to do options.

For me, I still can do options with that low amount as I have companies around that price range. But I am collecting like USD10/week only.

This post has been edited by Ramjade: Aug 29 2025, 07:45 AM

3 Pages < 1 2 3 >Top
 

Change to:
| Lo-Fi Version
0.0214sec    0.58    7 queries    GZIP Disabled
Time is now: 22nd December 2025 - 09:17 AM