so I demo-ed $TLT 20240621 87.0 PUT$, short put of $iShares 20+ Year Treasury Bond ETF(TLT)$ at $87, expiring at 21st June as per @OptionsTutor
thank god this is demo. otherwise my weak heart can't handle it 💔 😭
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Sis, you did it in the wrong direction… You should short/sell a put option at $87, instead of buying puts @nomadic_m
Thanks for following my trade. 💖
The order I share is short put. You need to sell the “PUT“ contract in demo account. For short put, when the current price declines, you profit. 💰
But your order is “Long Put“, when the current price declines, you lose money.
As the buyer of options, the contract’s time value decays over time. ⏳
Short put has a higher winning rate because it benefits from time decay and stable or rising prices.
You can try this “Short Put“ again in demo account and see how it will close by June. 📆
你能检查一下你的订单并告诉我你卖出这份看跌期权的日期吗？我很确定你在TLT在果岭的时候卖出了看跌期权，所以当TLT倒下的时候，你的看跌期权会变得非常红。
你可能会问，我问这个有什么目的。简单。诀窍是，当它该死的红色时卖出看跌期权（当然，如果它下跌，你愿意以执行价格买入股票，或者你非常确定它会反弹，以至于你的看跌期权到期时一文不值）。当看涨期权是该死的绿色时，卖出它（如果你有勇气并预计它最终会在你到期前下跌，那就是裸价；如果你持有这只股票并不介意它被赎回，那就是有保障的）。
我目前交易加密相关股票的期权（CLSK、马拉、硬币、CONL、MSTR、IREN、RIOT），并在这些股票飙升的早些时候平仓了一些看跌期权（在非常红的日子卖出）。
I've got to try and recall what I typed for you earlier 🤦♀️🤦♀️
The trick to options trading is time. It's a time dependent kinda thing. Which means that if you were to sell a put at the wrong time, then you'd end up being in the reds prettily easily.
Could you kindly look up the date where you sold this particular put? There is quite a good chance you sold the put on a GREEN day, such that when TLT falls, your put ends up in the reds.
You may ask, eh. Why are you asking such a strange question? Trick here is. You SELL PUTS only on VERY RED DAYS (of course it must be a stock you're willing to be assigned if things go south OR you're certain it will rebound prior to expiry such that it expires worthless). And you SELL CALLS only on very GREEN DAYS (naked if you're daring enough and expect the stock to fall prior to expiry OR covered if you don't mind your stocks being called away).
That's the most important rule that governs majority of my option trades.