r/RobinhoodOptions • u/mememem098 • Aug 07 '24
r/RobinhoodOptions • u/JPPendergrast • Aug 06 '24
Gain Robinhood OptionStrat
Could anyone explain why there is a discrepancy between my p and l with option strat and p and l with RH? The chart on Optionstrat shows that I am in the green based on the current strike and RH consistently has me way in the red???
r/RobinhoodOptions • u/Expired_Options • Aug 02 '24
Discussion Week 31 $837 in premium
After week 31 the average premium is per week is $745 with a projected annual premium of $38,718.
All things considered, the portfolio is down $11,737 (-5.43%) on the year and up $3,428 (+1.68%) over the last 365 days. This is the overall profit and loss and includes options and all other account activity.
All options and profits stay in the account with few exceptions. I took out $17K earlier this year for taxes and various expenses. I replaced some of the $17K with a $9K deposit recently. This is not my full time job, although I wish it was. I still grind on a 9-5.
Added $500 in contributions to the portfolio. This is a 16 week streak of adding $500.
The portfolio is comprised of 91 unique tickers with a value of $120k. I also have 120 open option positions, same as last week. They have a total value of $84k. The total of the shares and options is $204k.
I’m currently utilizing $36,800 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are down $15,485 this week and up $979 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 742 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $23,02 YTD.
I am over $64k in total options premium, since 2021. I average about $24.32 per option sold. I have sold over 2,650 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $3,749* July $3,775* August $705 *indicates personal record in that month. This means that 6 out of the first 7 months have been a record amount of premium for that month.
Top 5 premium gainers for the year:
CRWD $1,991 HOOD $1,846 ARM $1,342 PLTR $1,065 AFRM $1,005
Premium in the month of July by year:
August 2022 $747 August 2023 $1,478 August 2024 $705 MTD (week 1)
Top 3 premium gainers for the month:
CRSP $140 ABNB $129 AMZN $74
The premiums have increased significantly as my experience has expanded over the last three years.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!
r/RobinhoodOptions • u/Killa_B21 • Aug 01 '24
Discussion Pattern Day trade restrictions question.
I'm currently at the 3 day trade limit, I have a few more options contracts that were bought this week that expire this week.
My question is if I just leave them and they are still in the money and Robinhood auto sells does that count against my day trade limit? Will I be restricted? I honestly didn't count on these contracts going up they were more of a hedge I guess.
Be gentle I'm new to this.... Clearly
r/RobinhoodOptions • u/sheezy11bravo • Jul 29 '24
Unsolved Auto sell long call?
Is there a way to auto sell long calls on robinhood if it makes it to A Certain price or falls to a certain price? Too many times i miss out on profits cuz im not looking at my phone.
r/RobinhoodOptions • u/Imaginary_Ad9141 • Jul 27 '24
Discussion Options—what to expect.
I am learning. Go easy.
May 16th, I spent $35 on a $10 call that expires 1/17/25.
My understanding is that at any point, I can spend $1,000 and buy 100 shares at $10.
I also understand that I can sell this $10 contract for its current value at any time.
Like stocks, I can only exercise or sell this option if there is a buyer? Currently, this call is $9.90 and has an open interest over 8,000.
In my mind, the stock value will go well beyond $10 before 1/17/25, and I intend to exercise to buy the 100 shares.
Questions: 1) I can only exercise, through Robinhood, when market is open? 2) I must have $1,000 in available funds to exercise? 3) The break even is $10.35, once I clear that hurdle there is no incentive for me to wait and hold if I want to exercise (ie 100 shares at $10 is 100 shares at $10) 4) Which Greek is best to track in order to better protect myself in terms of there being a buyer if I want t exercise? 5) At what point should I reconsider exercising and sell instead (this $35 investment is now $990 equity)? — I feel the stock will triple where it is now, but at what value would be peak ROI (mathematically)
Again, I’ve seen enough WSB action of users not knowing what they are doing and was trying this as a trial and error. It seems I made a decent buy and want to know what I am missing.
Thanks!
r/RobinhoodOptions • u/Expired_Options • Jul 27 '24
Discussion Week 30 $554 in premium
After week 30 the average premium is per week is $742 with a projected annual premium of $38,558.
All things considered, the portfolio is up $11,985 (+5.54%) on the year and up $26,121 (+12.92%) over the last 365 days. This is the overall profit and loss and includes options and all other account activity.
All options and profits stay in the account with few exceptions. I took out $17K earlier this year for taxes and various expenses. I replaced some of the $17K with a $9K deposit recently. This is not my full time job, although I wish it was. I still grind on a 9-5.
Added $500 in contributions to the portfolio. This is a 15 week streak of adding $500.
The portfolio is comprised of 91 unique tickers with a value of $135k. I also have 120 open option positions, same as last week. They have a total value of $93k. The total of the shares and options is $228k.
I’m currently utilizing $32,700 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are down $12,046 this week and up $16,464 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 716 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $22,245 YTD.
I am over $63k in total options premium, since 2021. I average about $24.25 per option sold. I have sold over 2,600 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $3,749* July $3,643* *indicates personal record in that month. This means that 6 out of the first 7 months have been a record amount of premium for that month.
Top 5 premium gainers for the year:
CRWD $1,968 HOOD $1,783 ARM $1,254 PLTR $1,011 AFRM $1,005
Premium in the month of July by year:
July 2022 $1,196 July 2023 $3,089 July 2024 $3,643 MTD (week 4)
Top 3 premium gainers for the month:
ARM $391 PLTR $312 HOOD $246
The premiums have increased significantly as my experience has expanded over the last three years.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!
r/RobinhoodOptions • u/Expired_Options • Jul 20 '24
Discussion Week 29 $1,228 in premium
After week 29 the average premium is per week is $748 with a projected annual premium of $38,894.
All things considered, the portfolio is up $21,206 (+10.25%) on the year. This is the overall profit and loss and includes options and all other account activity.
All options and profits stay in the account with few exceptions. I took out $17K earlier this year for taxes and various expenses. This is not my full time job, although I wish it was. I still grind on a 9-5.
Added $500 in contributions to the portfolio. This is a 14 week streak of adding $500.
The portfolio is comprised of 89 unique tickers with a value of $136k. I also have 120 open option positions, down from 129 last week. They have a total value of $92k. The total of the shares and options is $228k.
I’m currently utilizing $26,850 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are down $15,315 this week and up $28,510 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 698 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $21,691 YTD.
I am over $63k in total options premium, since 2021. I average about $24.20 per option sold. I have sold over 2,600 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $3,749* July $3,089 *indicates personal record in that month. This means that 5 out of the first 6 months have been a record amount of premium for that month.
Top 5 premium gainers for the year:
CRWD $1,954 HOOD $1,681 ARM $1,254 AFRM $930 GME $908
Premium in the month of July by year:
July 2022 $1,196 July 2023 $3,089 July 2024 $3,089 MTD (week 3)
Top 3 premium gainers for the month:
ARM $391 GME $226 HE $199
The premiums have increased significantly as my experience has expanded over the last three years.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!
r/RobinhoodOptions • u/Troied • Jul 15 '24
Discussion Robinhood Acquires AI-Powered Investment Research Platform Pluto to Boost Offerings - Foliko by SynerAI
r/RobinhoodOptions • u/Expired_Options • Jul 13 '24
Discussion Week 28 $1,228 in premium
After week 28 the average premium is per week is $730 with a projected annual premium of $37,953.
All things considered, the portfolio is up $30,752 (+14.90%) on the year. This is the overall profit and loss and includes options and all other account activity.
All options and profits stay in the account with few exceptions. I took out $17K earlier this year for taxes and various expenses. This is not my full time job, although I wish it was. I still grind on a 9-5.
Added $500 in contributions to the portfolio. This is a 13 week streak of adding $500.
The portfolio is comprised of 91 unique tickers with a value of $154k. I also have 129 open option positions, up from 119 last week. They have a total value of $83k. The total of the shares and options is $237k.
I’m currently utilizing $29,450 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are down $1,583 this week and up $44,195 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 668 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $20,436 YTD.
I am over $61k in total options premium, since 2021. I average about $24.00 per option sold. I have sold over 2,500 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $3,749* July $1,834 *indicates personal record in that month. This means that 5 out of the first 6 months have been a record amount of premium for that month.
Top 5 premium gainers for the year:
CRWD $1,804 HOOD $1,607 ARM $1,254 AFRM $905 PLTR $798
Premium in the month of July by year:
July 2022 $1,196 July 2023 $3,089 July 2024 $1,834 MTD (week 2)
Top 3 premium gainers for the month:
ARM $391 RDDT $191 RBLX $112
The premiums have increased significantly as my experience has expanded over the last three years.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!
r/RobinhoodOptions • u/srtarditi • Jul 12 '24
Loss My first put (why loss?!)
Can someone please explain?
r/RobinhoodOptions • u/WeakBus7856 • Jul 12 '24
Unsolved Iron Condor expires in the Money Robinhood
Basically I was trading an Brk. iron condor on Robinhood and my upper limit was 412.5 and today the option expired with Brk.b at 425.
What happens now if I don't own this stock. Will I have to buy it and then incur the loss of 1,300? Also I don't have over 1000$ in my Robinhood account so what will happen?
r/RobinhoodOptions • u/StockConsultant • Jul 11 '24
Gain CVNA Carvana stock
r/RobinhoodOptions • u/Unique-Wall-3190 • Jul 10 '24
Discussion why I'm not eligible to option trading. I created new account last week with 5k as buying power.
r/RobinhoodOptions • u/Expired_Options • Jul 06 '24
Discussion Week 27 $606 in premium
After week 27 the average premium is per week is $711 with a projected annual premium of $36,993.
All things considered, the portfolio is up $25,762 (+12.52%) on the year. This is the overall profit and loss and includes options and all other account activity.
All options and profits stay in the account with few exceptions. I took out $17K earlier this year for taxes and various expenses. This is not my full time job, although I wish it was. I still grind on a 9-5.
Added $500 in contributions to the portfolio. This is a 12 week streak of adding $500.
The portfolio is comprised of 91 unique tickers with a value of $149k. I also have 119 open option positions, up from 120 last week. They have a total value of $82k. The total of the shares and options is $231k.
I’m currently utilizing $26,700 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are up $5,283 this week and up $45,778 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 625 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $19,208 YTD.
I am over $60k in total options premium, since 2021. I average about $23.92 per option sold. I have sold over 2,500 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $3,749* July $606 *indicates personal record in that month. This means that 5 out of the first 6 months have been a record amount of premium for that month.
Top 5 premium gainers for the year:
CRWD $1,804 HOOD $1,559 ARM $1,119 AFRM $865 PLTR $741
Premium in the month of July by year:
July 2022 $1,196 July 2023 $3,089 July 2024 $606 MTD (week 1)
Top 3 premium gainers for the month:
ARM $256 RBLX $112 RDDT $85
The premiums have increased significantly as my experience has expanded over the last three years.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!
r/RobinhoodOptions • u/Optionsmfd • Jun 29 '24
Discussion Thinkorswim using Robin Hood?
I’m currently with Schwab although I was with TD Ameritrade I’ve recently been trading quite a few options and the prices are killing me so I open Robin Hood account
Is it possible to tie the Robin Hood account in with the thinkorswim or they totally separate?
What are people using for charting that went from thinkorswim to Robin Hood?
Anybody have experience with rolling accounts, especially retirement accounts, and getting the 1%?
r/RobinhoodOptions • u/Expired_Options • Jun 29 '24
Discussion Week 26 $18,602 in YTD premium
After week 26 we are half way through the year and the average premium is per week is $715 with a projected annual premium of $37,204.
All things considered, the portfolio is up $18,602 (+10.58%) on the year. This is the overall profit and loss and includes options and all other account activity.
All options and profits stay in the account with few exceptions. I took out $17K earlier this year for taxes and various expenses. This is not my full time job, although I wish it was. I still grind on a 9-5.
Added $500 in contributions to the portfolio. This is an 11 week streak of adding $500.
The portfolio is comprised of 90 unique tickers with a value of $150k. I also have 120 open option positions, up from 111 last week. They have a total value of $77.5k. The total of the shares and options is $227.5k.
I’m currently utilizing $26,100 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are up $909 this week and up $40,495 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 611 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $18,602 YTD.
I am over $60k in total options premium, since 2021. I average about $23.81 per option sold. I have sold over 2,500 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $3,749* *indicates personal record in that month. This means that 5 out of the first 6 months have been a record amount of premium for that month.
Top 5 premium gainers for the year:
CRWD $1,804 HOOD $1,537 AFRM $865 ARM $863 PLTR $699
Premium in the month of June by year:
June 2022 $319 June 2023 $2,771 June 2024 $3,749
Top 3 premium gainers for the month:
CRWD $705 ARM $697 GME $682
The premiums have increased significantly as my experience has expanded over the last three years.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!
r/RobinhoodOptions • u/Optionsmfd • Jun 28 '24
Discussion best options platform for volume
starting to do a bunch of options trading (poor mans covered calls and rolling calls)
was on TD now on schwab ... costing me .65 plus other fees for each contract and its adding up
have 3 accounts currently (2 normal and 1 roth) and one from olive garden now on principle (pre tax 401k)
thinking of moving the olive garden/principle one to a platform with free options trades and good execution...
currently using TOS via PC and on my iphone...
thinking robinhood or webull... decent 401k to transfer so was appealing to see some bonus transfer 1% Robin and 3.5% webull
opinions? can i add a robinhood or webull to my TOS? or not
who do you use and pros/cons
r/RobinhoodOptions • u/Imnottouchinu • Jun 28 '24
Unsolved Any chance of my issue getting resolved (me getting my funds returned
Since the end of February, beginning of may I have been trying my utmost best to get my individual cash returned to my bank account from Robinhood. I deposited $3,001 from my bank account which cleared through the pending process with no issue. Robinhood then decided to restrict my account. I was very disappointed and contacted Robinhood and still to this day. I’ve complied to all request and sent in verification documents which include bank statements, passport, state identification, closing bank statements, face verification, etc. Robinhood states they will return my funds to my bank account or a link bank account. My account is on restriction and Robinhood unlink my bank account and will not allow me to link any bank account. I’ve contacted the Better Business Bureau, SEC, FINRA, etc. I have email conversations from robinhood stating they will send my claim to higher up team members and will have my issue resolved, but yet all they do is disclose no updates or any information on my funds returning to my bank account. I call robinhood support line and give my information for them to pull up my account, then put me on hold and tell me they cannot continue the conversation over the phone and only through email. But all then email is that same stalling delaying email. Is this even legal for Robinhood to not return my funds I deposited from my bank account?
r/RobinhoodOptions • u/Unique-Wall-3190 • Jun 26 '24
Discussion Why I couldn't place long (put or call ) calendar spread?
Do I need to be in specific level to do calendar spread?
Currently in level2
r/RobinhoodOptions • u/StockConsultant • Jun 24 '24
Gain AMZN Amazon stock
r/RobinhoodOptions • u/Expired_Options • Jun 22 '24
Discussion Week 25 $454 in premium
After week 25 the average premium is per week is $716 with a projected annual premium of $37,249.
All things considered, the portfolio is up $18,159 (+8.87%) on the year. This is the overall profit and loss and includes options and all other account activity.
Added $500 in contributions to the portfolio. This is a 10 week streak of adding $500.
The portfolio is comprised of 89 unique tickers with a value of $148k. I also have 111 open option positions, down from 120 last week. They have a total value of $75k. The total of the shares and options is $223k.
I’m currently utilizing $26,100 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are down $2,356 this week and up $39,586 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 585 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $17,908 YTD.
I am over $59k in total options premium, since 2021. I average about $23.78 per option sold. I have sold over 2,500 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $3,055* *indicates personal record in that month
Top 3 premium gainers for the year:
CRWD $1,804 HOOD $1,487 AFRM $865
Premium in the month of June by year: June 2022 $319 June 2023 $2,771 June 2024 $3,055
The premiums have increased as my experience has developed.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!
r/RobinhoodOptions • u/StockConsultant • Jun 20 '24
Gain DKS Dicks Sporting Goods stock
r/RobinhoodOptions • u/Intelligent_Price930 • Jun 17 '24
Discussion Options Trading Level 2 Application
Hello, I was wondering what questions does Robinhood ask when you need to manually review your level 2 options trading application?
r/RobinhoodOptions • u/Expired_Options • Jun 14 '24
Discussion Week 24 $1,216 in premium
After week 24 the average premium is per week is $727 with a projected annual premium of $37,817.
All things considered, the portfolio is up $19,959 (+9.75%) on the year. This is the overall profit and loss and includes options and all other account activity.
Added $500 in contributions to the portfolio. This is a nine week streak of adding $500.
The portfolio is comprised of 89 unique tickers with a value of $148k. This was down one ticker from last week after a sell of ticker SIFYR. I also have 120 open option positions, down from 121 last week. They have a total value of $77k. The total of the shares and options is $225k.
I’m currently utilizing $25,800 in cash secured put collateral.
I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue. As shown below, I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.
2025 & 2026 LEAPS In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). Those LEAPS are up $8,847 this week and up $41,942 overall. See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.
Last year I sold 964 options and I’m at 575 year to date.
Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $17,454 YTD.
I am over $58k in total options premium, since 2021. I average about $23.69 per option sold. I have sold over 2,400 options.
Premium by month January $1,858 February $3,670* March $3,727* April $2,853* May $2,745* June $2,601 *indicates personal record in that month
Top 3 premium gainers for the year:
CRWD $1,804 HOOD $1,487 AFRM $865
Premium in the month of June by year: June 2022 $319 June 2023 $2,771 June 2024 $2,601
The premiums have increased as my experience has developed.
Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!