The wheel theta gang
WebDec 4, 2024 · THETA GANG Joonie Subscribe stock option insights & financial analysis 2 days ago Episode 178: Reflecting on 2024, plans for 2024, and happy new year! <3 1 hr 8 min playlist_add More episodes... WebFeb 17, 2024 · ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. This bot implements a slightly modified version of The Wheel, with my own personal tweaks.
The wheel theta gang
Did you know?
WebDelta: $28.25 Theta: $0.86 Gamma: -$1.19 Vega: -$3.04. jtrain184. NVDA. PUT CREDIT SPREAD. BUY 250 PUT. SELL 255 PUT. pinktape. TQQQ. CASH SECURED PUT. 7. SELL 26.5 PUT. EugeneTeo9595. GOOGL. COVERED … Webr/thetagang • 3 days ago by ArthurDentsBlueTowel Sub $10 Tickers to Wheel? Looking for some sub $10 tickers to wheel. Ideally not total cash burners. Just getting started on theta gang and trying to dip my toe in for starters. Thanks in advance! 9 53 comments Best Add a Comment Stinky_Macaroni • 3 days ago SOFI 15 2fingers • 3 days ago
WebFeb 18, 2024 · Modeling The Wheel as a Markov Decision Process (MDP) So, you've heard about Theta Gang and/or The Wheel and you want to know more. That's great! The Wheel, …
Web"Rolling" is a cope -- let the wheel turn. Selling calls, sellings puts, wheeling.... It's all incredibly simple and basically a "no lose" game if you let it work. All you have to do is geniuinely follow the most basic underlying precept -- Don't sell an option if you're not comfortable getting assigned / called away WebJan 11, 2024 · Someone who is too lazy or uninterested to, God forbid, refuse to dissect the first order derivatives of the Black Scholes model and solve for theta; that someone can lose a lot of money if buying options without considering options time decay. Simple Time Decay Example: Intel ($INTC)
WebIn this video, I explain why I don't use the wheel strategy for options trading, and what I prefer to do instead.
WebDec 12, 2024 · The Wheel Strategy Flow Chart. Like many other things in the world, there are multiple versions of the same strategy out there. For starters, here are some of the … fowey parish councilWebThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. This bot implements a slightly modified version of The Wheel, with my own personal tweaks. fowey parish churchWebI built an algo using theta strategies, selling OTM puts and calls on SPY (about 90% of trades), with occasional far OTM IV crush plays. Started using it on 7/1/22, and here's the 9-month update. Been trading for 24 years, and the algo is the culmination of my experiences and lessons. 349. discount tire center burlington waWebOct 3, 2024 · The Wheel Strategy “The Wheel” is one of the most popular theta gang strategies out there, and it’s easy to see why. It leverages covered calls and cash covered … discount tire center clovis caWebSep 23, 2024 · Theta Gang is the slang for being a member of a group of other option writers with the mindset that selling premium is a preferred strategy than buying. ... The Wheel … discount tire centennial hillsWebYou don’t want to wheel penny stocks just for the reason a penny option spread might be 10 to 50 percent of premium. A penny spread wheeling spy is 1 percent. The odds are stacked against you. Then it’s worse if the option trades in nickel increments like FRC. No-Influence-5286 • 1 hr. ago I do condor spy, thx for your comment fowey parking chargesWebYou sell a CSP at 30p, price falls to $25. You purchase the shares for $3,000 and the value if you sold immediately is $2,500 for an immediate loss of $500 (excluding premiums). You sell a PCS at 30p/25p, price falls to $25. You assume max loss of $500 that you put as collateral on the spread. discount tire center georgetown tx