Hello everyone! Today I want to share some option strategies with you!1.Trade idea on $Monday.com Ltd.(MNDY)$ Earnings Release Date: - Wednesday, May 15, before market open Trade Idea: - Sell-to-open a strangle, May 17 expiration, 120p & 260c strikes - Short strikes are outside the expected move range (30+% to the downside and 40+% to the upside as of today's closing price) Points of Consideration: - Expected move of ~14% - 200EMA at the 185-186 level - Recent high around the 240 level (challenged twice and failed to break through) - An iron condor trade using the 120p & 260c short strikes has a percent-of-profitability (PoP) of 87%ImageImageFollow me to learn more about analysis!!https://twitter.com/Selling4Premium

Hello everyone! Today I want to share some option strategies with you!1.And this is why we need to wake up earlier. Could have traded this great set-up on $Advanced Micro Devices(AMD)$ at the high point at 6:50am pst versus sleeping in until the alarm went off at 7am pst. Did anyone catch it by selling calls and/or buying puts? Opportunity missed. Oh well. Image2.Anyone remember when we were doing our #Optionselling1Kchallenge ??? Well, there are reasons why we haven't done anything with this in a while. 1. We got caught on the wrong side of the TIO scam dump and lost several hundred dollars in our account. Loss was near $700.2. We realized that it was very difficult to make decent profit writing options every week with only $1-2K in the account. I

Hello everyone! Today I want to share some option strategies with you!1.Took an optionselling trade on $S&P 500(.SPX)$ . Sold-to-open a put credit spread ... 0DTE ... May 3 expiration 5045/5040 strikes.2.Here are the $S&P 500(.SPX)$ 0DTE trades we placed earlier today ... layered a few put credit spreads below yesterday's closing price to position us well outside a 1% down move from open and reduce our risk.Image3.Here's a few of our optionselling positions in our long-term account that we trade in from time-to-time. - Closed out the $MELI July 1140p trade for profit - Sold-to-open $Microsoft(MSFT)$ June 21 exp 375p (that strike sits around the 200 EMA) -

Hello everyone! Today I want to share some option strategies with you!1.Whoa ... didn't realized that $MercadoLibre(MELI)$ was announcing earnings after the bell today. Sold-to-open the July 19 $1140 strike put. Volume point-of-control around 1200. Picked a strike (1140) slightly below at a multi-touch bottom point.Image2. $Block(SQ)$ releases earnings after the bell today. Currently have a 62.5p in play and am purposely trying to get back shares lost on the last earnings release due to a covered call (luckily, lost it for profit). The 62.5 level targets a previous bottom of a consolidation range prior to the last earnings release.Image3.Calling all $SoFi Technologies

Wasn't planning on placing many ER trades this week, but took a few. Snuck in a pre-earnings trade on $Alphabet(GOOGL)$ . Now off to the pool. - STO Apr 26 exp 130 strike puts This play is for assignment if Google drops to 130 ... otherwise, will happily just capture the premium. 130 was a previous bottom support level. Gap around 143.ImageImageFollow me to learn more about analysis!!https://twitter.com/Selling4Premium

Hello everyoone! Today i want to share some option stratgies with you!1.Long-term investing in tech is dead as of 2020! Stock market gets pumped and dumped and months-to-years of value erased in the snap of the fingers to where there is no gain or you are now sitting on a loss. What incentive is there to invest for the long-term anymore? Seems like this market has paradigm-shifted (since the influx of retail traders during the pandemic) into stealing liquidity from retail versus creating long-term monetary benefits for investors and shareholders. Curious to hear what everyone else thinks. What are your thoughts?2.Let's get some optionselling loss porn going. We had a horrible week to the tune of a $15K drawdown! ❌ Our few weekly trades were profitable, but our longer-DTE option-writing tra

Hello everyone! Today I want to share some option strategies with you!1.Mark said the key thing here when it comes to put optionselling ... keep you positions "mangeable" so that if the market dumps like today (and has been since last week) you are able to: 1. Close at minimal loss, or 2. Roll without being so deep ITM that you'd be better off just taking the L versus rolling so far out for a strike not that much lower that you tie up buying power and don't really increase your risk cushion by that much, or 3. Meet (or better yet avoid) margin calls since you are not too much over-extended or over-leveraged2.The price action on $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$