polloponzi
polloponzi t1_j6lwp4u wrote
Reply to comment by ariesdrifter77 in The glitch in the matrix no one’s talking about : Notable decrease in open interest of OTM calls by ariesdrifter77
>Why would they” buy to close” an OTM covered call if they don’t think it’ll go ITM?
Because they are in profit and they would rather take the money than risk losing it because the market may keep going sideways or tank.
polloponzi t1_j5jhsed wrote
Reply to comment by groefje in Next week up or down by MogamboKushhua468
Is green
polloponzi t1_j5jhlkj wrote
Reply to comment by [deleted] in Next week up or down by MogamboKushhua468
Following OP until he turns bullish and FOMOs into calls
polloponzi t1_j26y6t2 wrote
Reply to comment by TheyWereGolden in Thoughts on Buying Puts for Home Construction companies by Realistic_Weight_703
>These stocks already got destroyed.
Are you joking?
Most of them are still way higher than pre-covid levels.
polloponzi t1_j26wv4g wrote
Reply to comment by Realistic_Weight_703 in Thoughts on Buying Puts for Home Construction companies by Realistic_Weight_703
Is LOW (https://finance.yahoo.com/quote/LOW)
polloponzi t1_j26wttv wrote
Reply to comment by zippynj in Thoughts on Buying Puts for Home Construction companies by Realistic_Weight_703
Is LOW
polloponzi t1_j26wqoa wrote
Reply to comment by hondusa01 in Thoughts on Buying Puts for Home Construction companies by Realistic_Weight_703
I think is Lowe's Companies, Inc. (LOW)
The ticker name (LOW) suggests that is going low.
polloponzi t1_ixkx81x wrote
Reply to $IMAX could go bonkers. by VizzleG
>This includes almost 800 screens in China, where they haven’t released a Hollywood blockbuster since 2019!
Sure, Of course that Chinese people in lock-downs because of their never ending Covid will rally to see a film on the theaters. Good bet.
polloponzi t1_iuk2z8w wrote
Reply to comment by mytendies in Most "Efficient" Options On The Market Today (How Should I Improve This? What Else You Guys Want to See?) by mytendies
>you need to transact on liquid options to make money. Period.
>
>if you try to buy an option for $100, but can only get a fill for $105 and then try to sell it 1 minute later for the $105 you paid, but can only get a fill for $95 then... you lost $10 in 1 minute getting in and out. That is 10%
>
>What most people don't realize is that this bid ask spread robs them of a large portion of their profits and it amplifies their losses.
It seems to me you are looking to day-trade or swing-trade options.
I don't usually do that, I hold options for at least a week usually, so the bid-ask spreads don't really matter much to me.
When I want to day trade options I just trade the $SPX options that are by far the most efficient and liquid options you will be able to find. On top of that they are cash-settled so you can do all kind of spreads without worrying about pin risk or assignment. Check those.
polloponzi t1_iujugyi wrote
Reply to comment by mytendies in Most "Efficient" Options On The Market Today (How Should I Improve This? What Else You Guys Want to See?) by mytendies
If you want to do a detailed post then that is awesome, but otherwise just a comment with a summary on how you turn this info into a profit may be enough for me to understand the gist of it.
polloponzi t1_iujo8b2 wrote
Reply to comment by mytendies in Most "Efficient" Options On The Market Today (How Should I Improve This? What Else You Guys Want to See?) by mytendies
>Hi WSB, this table shows which options are most liquid and have the tightest spreads. I then calculate an "efficiency" value based on those spreads, the option pricing, and essentially how much of your profits will be lost to friction/slippage/commissions when trading that particular option.
What can you do with 'efficient' options? How you take advantage of this information to earn money?
polloponzi t1_iub8zvy wrote
Reply to comment by funance2020 in Confirmed. Sky Bear sighting signals bull trap and pawwing for your calls... by 0x11C3P
Is in your pants
polloponzi t1_iub8wzj wrote
Reply to comment by BoomerBillionaires in Confirmed. Sky Bear sighting signals bull trap and pawwing for your calls... by 0x11C3P
Is just a white bear
polloponzi t1_iub8oqu wrote
Reply to comment by sunra1se9 in Confirmed. Sky Bear sighting signals bull trap and pawwing for your calls... by 0x11C3P
Is not a dlphin, it is yur mther
polloponzi t1_j6lyhzr wrote
Reply to comment by ariesdrifter77 in The glitch in the matrix no one’s talking about : Notable decrease in open interest of OTM calls by ariesdrifter77
They might have long calls and they might be 'selling to close'. Open interest will go down if those with long calls sell those to close the position