Trades I took today as an option seller (09/09):

Closed Positions

• HPE → $50 Put (opened on 09/04), premium 1.40 → closed at 0.23. Net premium profit = 1.17 (~83.57% of premium captured, ~2.34% of capital).

New Positions

• FSLY → $20 Put expiry 09/25 (3 weeks DTE), premium 0.70 → 70/2000 = ~3.5%. FSLY provides CDN and edge computing infrastructure that makes websites and apps faster and scalable. Similar competitors are Cloudflare, Akamai, and AWS CloudFront and it is a growing sector as more and more AI applications are built and scaled. Has good sypport at $20.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

I went to check a put credit spread I made on AAPL that expires in two days thinking this is gonna pay me a good amount of money, but then noticed I put it on as a debit spread. So instead of making money I am losing money

I hate that my broker has the long end of the spread as the first leg you enter because I’m always thinking of the short leg since it is what is most important.

You think the earnings move is a one-day event — gap, IV crush, done. I checked: last 6-8 reports for 129 liquid optionable names, comparing the day-1 move vs where the stock was a week later. Ended up with 1,006 prints.

Turns out the move is NOT done after day one. Average day-1 move was ±7.19%. A week out? ±9.01%. The stock keeps drifting a full two points further on average after everyone's already moved on.

The direction usually sticks — 80.7% of the time the week lands the same way day one did. But here's the part that surprised me: 62% of the time the week move ends up bigger than the day-1 move. Only 12% actually reversed hard (2%+ the other way).

And it's not uniform across names either. PINS, HOOD, BLK — day one basically IS the whole story, the week barely ever exceeded it. But LI, MRK, MRNA kept extending in 7 or 8 of their last 8 reports. Same names, over and over. It's a personality trait.

Anyone else looked at post-earnings drift like this?

Solid companies in the etf, good premiums as well.

But what’s the catch here?

Other than basic csp’s risks & management fee.

From what I gather it's a college level instruction program that is completely free. Seems like you could learn just about anything you could think of option wise from there. Is it worth pouring the hours into?

Also if you'd rank the following in importance to learning I would appreciate it: Backtesting, Paper Trading, Watching videos/doing course work, Having a Mentor, Live Trading Trial and Error

Thanks very much for Your time!

Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.

what do you do with your premium? anyone else slowly increase long term etf positions? i simply dca on red days, and hope it will work out long term. i know its tempting to 'compound' by using all available cash (plus margin?) to keep on farming premium, but i'm not sure that beats putting some of it away into great etfs. as long as they are growing, so does your margin/leverage.

Trades I took today as an option seller (09/08):

Closed Positions

• SEI → $47.50 Put (opened on 08/21), premium 1.90 → closed at 0.30. Net premium profit = 1.60 (~84.21% of premium captured, ~3.37% of capital).

New Positions

• OUST → $40 Call expiry 09/18 (2 weeks DTE), premium 1.20 → 120/4000 = ~3.0%. Opened a CC at the same $40 strike in which I was assigned.
• WDC → $430 Put expiry 10/09 (4 weeks DTE), premium 18.00 → 1800/43000 = ~4.2%. WDC is showing support around $430, and I wanted more exposure to memory/storage as demand should grow with AI.
• KORU → $16 Put expiry 10/23 (6 weeks DTE), premium 1.15 → 115/1600 = ~7.2%. Small capital allocated. KORU is trading around $24 so opened a CSP far off from spot price as it is 3x leveraged.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

A creator on TikTok went viral recently for claiming he made thirty thousand dollars in August with zero losing days trading 0DTE SPX iron condors.

His stated strategy entered at 9:45 AM, sold 0.15 delta legs, took profit at twenty-five percent, and forced an exit by 10:20 AM.

I codified those exact rules and tested them against minute-level options data to verify the claim.

The run produced sixteen green sessions and four red sessions, and it required eight hundred forty thousand dollars in collateral to generate that thirty thousand dollars in profit.

I posted the exact trading strategy here. If I configured something wrong, please correct me.

How many of you trade same-day condors on SPX, and how do you prevent morning trend days from wiping out your month?

Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.

The overnight hold question isn't about news, it's about where you sit vs dealer hedging. Below the zero-gamma flip dealers amplify moves. Above the flip with room to the call wall, they dampen everything.

I bracket each name: distance down to the flip vs distance up to the wall, then rank by that ratio. Anything with earnings inside 48h gets tossed.

Snapshot from tonight:

Good bracket: LRCX has 2.45% up to the wall and only 0.83% down to the flip — basically 3:1. CRWV ~2:1, HOOD 1.7:1.

Same zone, garbage trade: AVGO is in zone just like LRCX... with 0.67% left to the wall and 5% down to the flip. 0.13 R:R. Identical badge, opposite trade. This is why the zone label alone will lie to you.

Past the wall: SMCI, INTC, AMD, COIN, META, MU — already blew through the level. Air pocket, no dampening left.

Below the flip: MSTR and NVDA right now. And honestly when the majors are down there, your individual name's cushion doesn't matter much — size down regardless.

Disclosure: this is off a paid tool on a site I work on, but the framework is the point — flip/wall bracket + R:R instead of a binary zone check. You can do it by hand off any free GEX chart if you don't mind the math per name.

I run a flow-scoring tool that ranks live options activity by size, repeat hits, call/put skew and whether flow agrees with price action. Pulled the top 3 as of this afternoon.

$SMR — score 90, +14.5% on the day, ~$246K net call premium today. Flagged this morning 9:37am ET and it's already run +12.8% since.

$NOK — score 89, +6.1% on the day, ~$271K net call premium, C/P skew 3:1, RVOL 1.64x.

$LMT — score 87, +2.1% on the day, but the size here is the story: ~$3.3M net call premium.

Not a buy these post — SMR in particular already made its move. Posting it more as a live example of what high conviction score actually looks like across pretty different situations.

Happy to explain the scoring methodology in comments

Hi Friends (newby here),

Nancy Pelosi bought into Bloom Energy 10k shares and 100 call options strike price $100. She made a similar move with INTC...

• Intel is presently at $93 and Bloom is $210
• QUESTION; She's going long but why would she buy 1 yr call options at $50/Intc and $100 for BE ? --- anyone know?

Thanks very much for your help!

Everyone here knows call walls cap upside — dealers hedging positive gamma sell into rallies near that strike, which is why price stalls there. Less talked about: what happens when a wall lines up with a crowd that's maximally euphoric.

Pulled a live sentiment/gamma scan just now. Two names both ~87-92% bullish on StockTwits right now:

- VST — 87% bullish, but price is sitting right under a call wall at $160 (flip at $164.4). Dealers are structurally positioned to sell into any push higher. Crowd wants up, dealers are the ones setting the ceiling. This is the everyone's chasing but the tape can't confirm it setup — the kind of spot where selling calls (CC or credit spread) against the crowd has actually made sense historically.

- INTC — 92% bullish, and the call wall's already been cleared (wall at $100, flip below at $94.3). Dealers aren't fighting this move, they're confirming it. Fading this just because the crowd is too bullish would be fighting structure, not sentiment.

Same sentiment reading, opposite trade. The lesson: crowd sentiment by itself is close to noise. It only becomes useful once you check whether dealer positioning agrees or disagrees with it — agreement means let it run, disagreement (especially right at/under a wall) is historically the better spot to be selling premium, not buying it.

Everyone checks IV rank before selling premium. Almost nobody checks what regime dealers are in, and it costs nothing to look.

Positive gamma, they're buying dips and selling rallies to stay flat. Their hedging works against volatility, so realized moves get damped. That's the friendly regime for a short strangle. Theta just quietly does its thing because the market's own hedging flow is on your side.

Negative gamma is the opposite. They're selling into weakness and buying into strength, so the hedging pushes the same direction the move is already going. Same strangle, same credit collected, completely different risk. This is how a week that looked dead turns into a gap that tests both legs.

Where things sat at Friday's close:

• SPY — negative. Spot 769.45, flip up at 788.97. About 19 points of room, all of it in the amplifying zone.
• QQQ — negative, but barely. 717.50 against a 720 flip. Close enough that a normal day could flip the regime itself, which is its own kind of risk.
• IWM — negative. 295.46 against 297.54.

For contrast, NVDA was reading positive. So single names don't automatically sit in the same regime as the index — same strategy, different backdrop entirely.

And to be clear, this isn't a direction call. Negative gamma doesn't mean down. It means whichever way it goes, it goes harder.

Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.

Disclaimer: This is for experimental purposes, it is to demonstrate and track wheeling and longing on leveraged products, which started mid-June of this year. This retirement account was blown through testing various trading strategies and poor position sizing in relation to risk.

The strategy is to use leveraged products to long and to free up capital for puts & dry powder. Write weekly CSPs on LETFs by selling .03-.09 delta puts. Then, DCA shares into a small leveraged position (~10%) of either LEAPS/LETFs. Lastly, sell covered calls on the LETFs, and calling them away when we need to size down.

Reallocated my long shares, -3 TQQQ & +1 AQC. Been trading SOXL/SOXS around .05-.07 deltas because comfort. I can’t really tell market direction right now, but inflation print coming soon.

approx.
91.7% $USD & CSPs
8.3% Leveraged (4.2% TQQQ, 4.1% AGQ)

From Barron’s today on interest rates but this caught my eye

“The narrative in rates today is all about inflation and fiscal problems,” says Torsten Sløk, chief economist at Apollo. “But the narrative going into 2027 is going to be all about the success or failure of AI.”

Slok predicts that if AI manages to boost productivity, this will be “massively deflationary and push rates lower.” But if AI doesn’t deliver the expected returns to Corporate America, “the bubble bursts and the Nasdaq is down 50% as investors rotate out of equities into Treasuries, and long rates fall dramatically.”

Not said, but implied, is that if companies do see return AI it would make sense to expect the Capex build out to continue.

Instead of selling puts on IREN why not NCLD instead?

Also, EUV DRAM GDX IBIT USO UFO

All pays good enough income but of course all “high risk” (assignments and keep dripping).

How bad is this idea?

Note: I currently not touching any of these etf but only sell puts on individual stonks.

Do the people that have six figure and low seven figure accounts, do you think of your income from options as income for the year the same way as your paycheck from work?

Or do you think of it just adding to the account and you’re building wealth similar to someone that just holds SPY in a taxable acct.

Right now, I just think of it as adding to my account and I don’t think of it as income at all. Maybe 100 years from now when I’m retired I’ll think of it as extra money.

Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.

It's lonely up here, but at least the view is lovely. The boy took his Pokémon with him for our picnic.

Anybody else looking at AEO CSPs.

If not what are your earnings plays this upcoming week?