• OptionPlus·08-19 21:38OptionPlus

      QQQ surprised by the large PUT orders, should we short the stocks now?

      After a big bounce, there is a sound of short. But the market seems to be waiting for a trigger. What could it be?Let me remind that there are 2 trillion dollars of options expire tonight.In next two weeks: Tesla share split; Powell will speak at Jackson Hall annual meeting; US non-farm and a series of August economic data will release in early September.Apple will launch the iPhone14 on September 7th .Apple share has been rising for six consecutive weeks, and it is highly probable that it will also close up this week. Before FOMC in September, the U.S. CPI for August will release, and some Fed officers will speak.There are many opportunities in the next few weeks, especially in September.This week, S&P 500 fell back to the range of 4200-4300, when it was blocked in the position of daily MA200. S&P 500 will challenge the position again.If it fails, it will return to the range. Will it fall? Very neutral, the current quotation is strong. However, if anything triggers the callback next week, the first target is probably around $4150.Two trillions options expire tonight, of more than 900 billions are related to the S&P index. Does it have a big swing? We'll see.​Nasdaq rebounded the most fiercely in this round, with the bottom rebounding by nearly 25%. But it is still far from the daily MA200 and the weekly MA50. This week, it challenges 13,000 points.​It is worth noting that QQQ has issued a large PUT orders in the past two days. Especially on August 17th, millions of orders bought its PUT which expire in September. And Call/Put Ratio also reached a low level. There are two situations, one is that the market has risen more in the short term, and some investors made hedging strategies through QQQ PUT. The other is simply thinking that it will fall in a month.From the exercise prices of large single orders, it is a very conservative price, even an in-the-money PUT, which shows that these orders are not looking at a sharp drop, but look more like hedging or position protection. If you speculate, you can follow the PUTs expire Sep 16th or Sep 30th.​Take a look at the small-cap stock index ETF$iShares Russell 2000 ETF(IWM)$.After breaking through the annual price of $200, the callback failed to break through. Call/Put Ratio reached the low point of 0.24.APPLE KING, as the guardian of the market, has a high probability of gaining for 7 weeks. ​$Apple(AAPL)$ the share broke through a key trend this week. It depends on whether the position is fixed.Apple's option orders are too large, which is not easy to analyze. However, there are millions orders of ATM options combos, which are straggle strategies and put spreads. It seems that share price fluctuations or step back, but there is no clear signal of sharply drop.Apple will release the new iPhone14 on September 7th. According to the history, share price always go up before the conference. And share price drop in the conference. I don't know how to go this year.​$Tesla Motors(TSLA)$ Although the share split around the corner, it doesn't seem to give the signal to rally. It is more like to lock the price in a range around $900.​I hold Sell Put and Sell Call on TSLA expire tonight.Although Tesla's Call options are much more than Puts, the exercise prices of Call are all deep ITM(780-800), while the exercise prices of Put options are close to the current share price. I will Sell Put due next week (around $800) at the right time, but I will not Sell Call again. I am not sure whether Tesla will soar after share split.​
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      QQQ surprised by the large PUT orders, should we short the stocks now?
    • OptionsTracker·08-19 19:00OptionsTracker

      Hot stocks covered call reference [August 19]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220826 985.0 call$TSLA2022/08/26985.06.4600000.55000032.44%$AAPL 20220826 182.5 call$AAPL2022/08/26182.50.2100000.2300005.50%$SE 20220826 79.0 call$SE2022/08/2679.00.4900000.72000031.94%$PLTR 20220826 10.5 call$PLTR2022/08/2610.50.0400000.70000019.95%$AMD 20220826 108.0 call$AMD2022/08/26108.00.4200000.43000019.08%$SPY 20220826 439.0 call$SPY2022/08/26439.00.6300000.1500006.72%$NVDA 20220826 205.0 call$NVDA2022/08/26205.01.2500000.57000030.38%$BABA 20220826 99.0 call$BABA2022/08/2699.00.5300000.55000026.65%$NIO 20220826 21.5 call$NIO2022/08/2621.50.2500000.66000057.29%$GRAB 20220826 4.0 call$GRAB2022/08/264.00.1000001.400000129.99%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 19]
    • TradingLounge·08-19 07:25TradingLounge

      DAX 40, FTSE 100, STOXX 50, Dollar Index DXY, EURUSD - Elliott Wave Trading Strategies

      DAX 40 Index $DAX - main 2209(FDAXmain)$  Chart and Forecasts. FTSE 100 Index $FTSE 100(.UKX.UK)$ UKX, STOXX 50 Forex EURUSD $Euro FX - main 2203(EURmain)$  DXY Dollar Index Elliott Wave Technical Analysis European Stock Market Daily News Headlines: UK consumer sentiment hits record low as inflation soars Elliott Wave Market Indices Summary: Wave 4 currently in Wave b) of 4 and Wave c) lower is still required. Trading Strategy: Short trades for the DAX and Stoxx see video for trade signals Video Chapters 00:00 DAX 40 (GDAXI)  04:31 EURO STOXX 50 06:57 UKX / FTSE 100  08:30 Forex EURUSD / DXY  13:40 Thanks for watching! Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com @Daily_Discussion @TigerStars @MillionaireTiger @CaptainTiger
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      DAX 40, FTSE 100, STOXX 50, Dollar Index DXY, EURUSD - Elliott Wave Trading Strategies
    • OptionsDelta·08-19 01:53OptionsDelta

      How to beat S&P 500 in the next month

      $Amazon.com(AMZN)$ Today saw large straddle options orders totaling over $5 million: $AMZN 20220916 130.0 PUT$ & $AMZN 20220916 130.0 CALL$The break-even point for this large order is $130(strike price)+13.95(call price)+1.5(PUT price)=$145.45In other words, if Amazon rises above $145.45 on September 16th, the crossover strategy will be profitable.In other words, Amazon will only need to rise 2% in the next month. Is it similar to the crossover order that Tesla will rise 4% and make a profit?You can expect the next month to be very flat.Want to exceed the market yield method one is low absorb high throw, want to compare troublesome nevertheless.The second method is to earn the time value of the option by using the sideways trade, and the sell put can be timed, which is simple and easy:Ticker symbolAnnualized incomeExpiration datestrike pricePremium$TSLA 20220826 800.0 PUT$8%2022/8/268001.95$AMZN 20220826 135.0 PUT$19%2022/8/261350.66$GOOG 20220826 118.0 PUT$26%2022/8/261180.8$JPM 20220826 115.0 PUT$9%2022/8/261150.28$SBUX 20220826 85.0 PUT$14%2022/8/26850.3$DIS 20220826 117.0 PUT$7%2022/8/261170.22$ATVI 20220826 80.0 PUT$26%2022/8/26800.51$VMW 20220916 115.0 PUT$13%2022/9/161151.35​​Not surprisingly, I added Amazon to the Sell put, a stock selected to move sideways by a large order.Because expectations of a September rate hike have more impact on growth stocks. Uber suggests changing seats: $UBER 20220916 30.0 PUT$
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      How to beat S&P 500 in the next month
    • OptionsTracker·08-18 19:00OptionsTracker

      Hot stocks covered call reference [August 18]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220826 995.0 call$TSLA2022/08/26995.08.4500000.59000037.58%$AAPL 20220826 182.5 call$AAPL2022/08/26182.50.3700000.2300008.60%$SE 20220826 83.0 call$SE2022/08/2683.00.4500000.75000025.18%$AMC 20220826 26.0 call$AMC2022/08/2626.01.5700002.320000298.09%$SPY 20220826 439.0 call$SPY2022/08/26439.00.8300000.1700007.89%$NIO 20220826 22.0 call$NIO2022/08/2622.00.2800000.70000056.55%$BABA 20220826 99.0 call$BABA2022/08/2699.00.6000000.57000027.11%$SQQQ 20220826 40.0 call$SQQQ2022/08/2640.00.4000000.85000046.51%$NVDA 20220826 202.5 call$NVDA2022/08/26202.51.3800000.59000030.52%$GRAB 20220826 4.0 call$GRAB2022/08/264.00.1500001.230000170.40%$AMD 20220826 106.0 call$AMD2022/08/26106.00.5100000.44000021.05%$AMZN 20220826 155.0 call$AMZN2022/08/26155.00.1800000.3400005.14%$FUBO 20220826 7.5 call$FUBO2022/08/267.50.2700002.450000204.29%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 18]
    • OptionsDelta·08-17 22:13OptionsDelta

      How is the market going? Continue to sideways!

      Recently, the market has a pullback trend, so I opened the fear index to see how big the pullback will be. Instead of a call, I found a PUT order:$VXX 20221021 16.0 PUT$$Cboe Volatility Index(VIX)$ The call/ PUT ratio is also within the normal range.Therefore, it is concluded that some recent stocks and growth stocks because of the previous rise more, the range of correction will be relatively large. Although the market is less than the previous two months strongly bullish, but the whole or smooth upward.In other words, it is suitable to continue selling Put:Ticker symbolAnnualized incomeExpiration datestrike pricePremium$TSLA 20220819 830.0 PUT$9%2022/8/198300.69$GOOG 20220826 118.0 PUT$19%2022/8/261180.65$JPM 20220826 115.0 PUT$6%2022/8/261150.21$SBUX 20220819 86.0 PUT$19%2022/8/19860.14$DIS 20220826 117.0 PUT$9%2022/8/261170.32$UBER 20220826 31.0 PUT$57%2022/8/26310.51$ATVI 20220826 80.0 PUT$15%2022/8/26800.35$VMW 20220916 115.0 PUT$13%2022/9/161151.35​​Options active:$Tesla Motors(TSLA)$ Next week Tesla shares split three, yesterday saw a big entry: $TSLA 20220819 950.0 CALL$ . Call/PUT made new highs again, but I think Tesla will continue to trade sideways this week.$Wal-Mart(WMT)$ Earnings landing, more than single entry $WMT 20221216 155.0 CALL$
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      How is the market going? Continue to sideways!
    • Sporepuppy·08-17 11:51Sporepuppy

      Selling put option on spld $49 with 0.55 dividend around 1%

      $SPDR 500(SPLG)$  Selling put option on spld $49 with 0.55 dividend around 1% Because the $49.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage, there is also the possibility that the put contract would expire worthless. ) this is a high chance of it occurring to expire worthless. And in the event of excerising up the option uwill be paying $49-0.50 which is around 48.50 around 7.5% discount on the current price . Even if it will to drop to 44 u can still sell call around $47 or 48 to have a good option premium Sometimes I will sell slightly lower call on strike price to bet and earn the premium. I do think sell call onQYLD at $18 at times on my existing positions $SPDR 500(SPLG)$ $NASDAQ 100 Covered Call ETF(QYLD)$ $Vanguard S&P 500 ETF(VOO)$ do trade safely and to the moon guys !  Summary options How Do Put Options Work?Because the put option is a contract, there are two parties: a buyer and a seller. The seller, called a writer, gives the right to the buyer to sell the stock for a defined value. This writer makes money based on the sale of the contract. The buyer of the contract gets the right to sell the stock and pays the option’s premium for this right.Tip: While options are most commonly associated with stocks, investors can use other underlying assets in the options contract. These include bonds, currencies, futures, and indexes.In a put contract, there is an underlying stock, expiration date, and the strike price. The stock named is the stock that the put buyer has the right to sell. The expiration date sets the timeframe by which the contract owner has to sell the equity. The strike price is the defined price that the option holder can sell the equity.The put contract gains value as the stock price goes down. A simple example illustrates this concept. If an investor buys an XYZ put option with a strike price of $45, they are able to gain more profit the lower the stock goes. So if the stock price drops from $45 to $35, the investor increases their potential profit by $10 per share.@TigerEvents @TigerStars do feature my article so more people can sell put option and call options on index funds at $50 affordable rate 
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      Selling put option on spld $49 with 0.55 dividend around 1%
    • OptionsDelta·08-16OptionsDelta

      Hot stocks sell put & option active: PYPL SBUX DIS XME

      Nothing in particular to say. Keep making money.Sell put:Uber is added today. Stocks that adjust repeatedly after earnings jumps are best suited to sell puts. I also think Berkshire and Boeing would be a good fit.Ticker symbolAnnualized incomeExpiration datestrike pricePremium$TSLA 20220819 830.0 PUT$12%2022/8/198301.19$GOOG 20220826 118.0 PUT$18%2022/8/261180.68$JPM 20220826 115.0 PUT$8%2022/8/261150.31$SBUX 20220819 86.0 PUT$19%2022/8/19860.19$DIS 20220826 115.0 PUT$8%2022/8/261150.31$UBER 20220826 31.0 PUT$53%2022/8/26310.52$ATVI 20220826 80.0 PUT$18%2022/8/26800.43$VMW 20220916 115.0 PUT$14%2022/9/161151.45Option active:Paypal, Disney and Starbucks are also ideal sell put targets. I think it is not necessary to buy when seeing a big call order. We still need to consider the market risk.​​​$PYPL 20221118 105.0 CALL$ After a long post-earnings correction, there are finally signs that it's starting to kick in.$DIS 20221216 150.0 CALL$ Disney's Q3 results were positive, with revenue from its theme parks, experiences and products division reaching $7.394 billion in the quarter, up 70% from a year earlier; Streaming subscribers and cumulative users also beat market expectations; At the same time hedge fund high profile approach to increase holdings, double good.​$SBUX 20221216 92.5 CALL$ Starbucks continues to rise as services recover.​$XME 20220916 49.0 PUT$ Metals and mining industry is facing a correction in the near future, the obvious large entry short order
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      Hot stocks sell put & option active: PYPL SBUX DIS XME
    • OptionPlus·08-16OptionPlus

      Options Strategy: How to trade APPLE now?

      $Apple(AAPL)$ got 6 consecutive weeks gain, and it has been bounced by 34% from the bottom.The daily volume got lower. I think we will see a pullback.There are two possible ways:1)Look at the orange line, AAPL is going to retest the up resistance, which is around $180, there is 4% upside.2) A move down from the purple line directly.​I think AAPL towards to the target of $160-165.There were a lot of unusual options traded yesterday. Because the monthly options will expire this Friday , many options roll to September contracts. Elsewhich we can see a large number of call options take profits.And in the past few days, there are a large number of sell put options at $165 and $155.For Apple, a strong share will break new highs after callback.I don't think we should short Apple now, and it still in an uptrend. Even if there is short-term pullback, we just make some protections from bulls. Of course, I have my personal bias here, I hold Apple shares.I currently hold Sell Call options at $180 and $185 expired on Friday, which correspond to my positions. I don't think it will hit a new high directly. It may hit $180, but it will callback, so I Sell Call at these two prices.I think I will Sell Put options when it pullback with the prices of $165 and $160.On the other hand, I think two option strategies are applied to AAPL:1) Bull Call Spread, that buying a call option (maybe AAPL $175) and then sell a call option with the same maturity date to a higher strike price (maybe AAPL $185), forming a Buy Call + Sell Call.This strategy is betting on a limited increase in stock prices. The premium earned from "sell call" offsets the premium paid for "buy call" proportionately, and such a combination also reduces margin requirements in practice.2) Straddle strategy is to bet that Apple will fluctuate greatly in next few weeks. Because Apple's IV is not particularly high, straddle is also good choice. In fact, someone traded more than $10 million at AAPL $170 straddle last night.
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      Options Strategy: How to trade APPLE now?
    • Sporepuppy·08-16Sporepuppy

      0.60 profit Sea limited sell monthly put at $60 earning 1%

      Earnings announcement* for SE: Aug 16, 2022The report will be for the fiscal Quarter ending Jun 2022. According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $-1.18. The reported EPS for the same quarter last year was $-0.83.the premium will be slightly higher I do not think the earnings/ (losses will be more )@TigerStars @TigerEvents do feature so people know can sell put on sea limited which is safer than just buy the stock . Especially for traders who dun mind just earning 1%  supporters do like comment and repost the article ifu all feel It's usefulI realised the the vouchers are lesser now u cannot stack the % off voucher coins with the daily credit card It used to be if I will be buy $80 I can stack $10 off Citibank $8 coins off and also shop voucher $5Then credit card rebate 5% ..... I am only paying $55 for $80 goods with free shipping now when u use coins voucher that's it u cannot stack with credit card rebate . So their cost should be lesser as a seller there are more fees too .  However as to be safe I usually sell put options at 1% premium with 20 to 30 % of strike price as a buffer against the current price . Worse case I will pick it up at $60 0.60 profit Sea limited sell monthly put at $60 earning 1% Selling (also called writing) a put option allows an investor to potentially own the underlying security at both a future date and a more favorable price. In other words, the sale of put options allows market players to gain bullish exposure, with the added benefit of potentially owning the underlying security at both a future date and a price below the current market price.KEY TAKEAWAYSSelling (also called writing) a put option allows an investor to potentially own the underlying security at both a future date and a more favorable price.Selling puts generates immediate portfolio income to the seller, who keeps the premium if the sold put is not exercised by the counterparty and it expires out of the money.An investor who sells put options in securities that they want to own anyway will increase their chances of being profitable.Note that the writer of a put option will lose money on the trade if the price of the underlying drops prior to expiration and if the option finished in the money.Best Practices for Selling Put OptionsInvestors should only sell put options if they’re comfortable owning the underlying security at the predetermined price, because you’re assuming an obligation to buy if the counterparty chooses to exercise the option.In addition, you should only enter trades where the net price paid for the underlying security is attractive. This is the most important consideration in selling put options profitably in any market environment.Other benefits of put selling can be exploited once this important pricing rule is satisfied. The ability to generate portfolio income sits at the top of this list because the seller keeps the entire premium if the sold put expires without exercise by the counterparty. Another key benefit is the opportunity to own the underlying security at a price below the current market price.Put Selling in PracticeLet’s look at an example of prudent put selling. Suppose that Company A is dazzling investors with increasing profits as a result of a new, revolutionary product. Company A’s stock is currently trading at $270, and the price-to-earnings ratio is at an extremely reasonable valuation for this company’s fast growth track. If you’re bullish about their prospects, you can buy 100 shares for $27,000, plus commissions and fees.As an alternative, you could sell one January $250 put option expiring two years from now for just $30. That means the option will expire on the third Friday of January two years from now, and it has an exercise price of $250. One option contract covers 100 shares, allowing you to collect $3,000 in options premium up front (less commission). By selling this option, you’re agreeing to buy 100 shares of Company A for $250, no later than January, two years from now. Clearly, since Company A shares are trading for $270 today, the put buyer isn’t going to sell you the shares for $250, as that is $20 below the current market price. So you’ll collect the premium while you wait.If the stock drops to $250 before expiry in January two years from now, you’ll be required to buy the 100 shares at that price. But you’ll keep the premium of $30 per share, so your net cost will be $220 per share. If shares never fall to $250, the option will expire worthless and you’ll keep the entire $3,000 premium.In sum, as an alternative to buying 100 shares for $27,000, you can sell the put and lower your net cost to $220 a share (or a total of $22,000 for 100 shares, if the price falls to $250 per share). If the option expires worthless, you get to keep the $30-per-share premium, which represents a 12% return on a $250 buy price.It can be very attractive to sell puts on securities that you want to own. If Company A declines, you’ll be required to pay $25,000 to purchase the shares at $250. (Since you kept the $3,000 premium, your net cost will be $22,000). It’s important to keep in mind that your broker can force you to sell other holdings to buy this position if you don’t have available cash in your account.@TigerEvents @TigerStars do feature so people know can sell put on sea limited which is safer than just buy the stock . Especially for traders who dun mind just earning 1% 
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      0.60 profit Sea limited sell monthly put at $60 earning 1%
    • OptionsDelta·08-15OptionsDelta

      Next, Make Money While You Sleep

      Yes, the next few weeks will be perfect for the sell put.Overall the economy is fine. July CPI came in lower than expected and inflation fell steadily, while nonfarm output beat expectations and employment and unemployment both returned to pre-pandemic levels.But markets are always suspicious. The release of the data will cause a certain pullback impact on the stock price, the next is the expected market, but the overall or continue to rise.So the easiest way to sell is to sell put. Steady weekly collection. I looked below for companies with good fundamentals and conservative strike prices (except Starbucks).You can also sell at-the-money Put if you want, and you can earn more.Ticker symbolAnnualized incomeExpiration datestrike pricePremium$TSLA 20220819 800.0 PUT$12%2022/8/198001.5$GOOG 20220826 118.0 PUT$22%2022/8/261180.9$JPM 20220826 115.0 PUT$10%2022/8/261150.43$SBUX 20220819 86.0 PUT$31%2022/8/19860.38$DIS 20220826 115.0 PUT$16%2022/8/261150.64$ATVI 20220826 80.0 PUT$18%2022/8/26800.49$VMW 20220916 115.0 PUT$14%2022/9/161151.55​​Conclusions suitable for the sell put can also be drawn from the details.Last week, we observed the option movement and found that many straddles that moved to September did not continue to choose the at-the-money strike price and chose the more in-the-money strike price. Take Tesla's big straddle order:​$TSLA 20220916 780.0 CALL$​$TSLA 20220916 780.0 PUT$To make money on this order, Tesla needs to increase to more than$940 = $780+$140(call price)+$20(PUT price), which is a fluctuation of more than 4%. With Tesla up 4% in a month, bullish calls are conservative and inconsistent with Tesla's typically fierce volatility.When volatility is higher than the market expects, shorting volatility is the best strategy.The FOMC meets on Wednesday night. I don't think it's a big deal. Powell is expected to come in as easily as he did last time. It's a good opportunity to trade whether the market is up or down.
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      Next, Make Money While You Sleep
    • OptionsTracker·08-15OptionsTracker

      Hot stocks covered call reference [August 15]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220826 1020.0 call$TSLA2022/08/261020.08.5500000.60000028.89%$AAPL 20220826 182.5 call$AAPL2022/08/26182.50.1600000.1900002.83%$NIO 20220826 23.5 call$NIO2022/08/2623.50.3900000.70000056.19%$AMC 20220826 30.0 call$AMC2022/08/2630.01.8000001.870000224.02%$GRAB 20220826 4.5 call$GRAB2022/08/264.50.1500001.300000118.51%$PLTR 20220826 12.0 call$PLTR2022/08/2612.00.0400000.63000012.28%$BABA 20220826 106.0 call$BABA2022/08/26106.00.7500000.53000024.07%$SE 20220826 105.0 call$SE2022/08/26105.01.2900000.85000044.23%$NVDA 20220826 210.0 call$NVDA2022/08/26210.01.3900000.53000022.60%$SPY 20220826 442.0 call$SPY2022/08/26442.00.7200000.1500005.13%$SQQQ 20220826 41.0 call$SQQQ2022/08/2641.00.4400000.82000039.03%$AMD 20220826 111.0 call$AMD2022/08/26111.00.6100000.44000018.40%$AMZN 20220826 160.0 call$AMZN2022/08/26160.00.1300000.3200002.75%$COIN 20220826 125.0 call$COIN2022/08/26125.00.6800001.11000022.86%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 15]
    • Sporepuppy·08-15Sporepuppy

      Earn 1%monthly by Selling apple monthly put options at 157.5

      Earn 1%monthly by Selling apple monthly put options at 157.5Instead of buying the share at current 172 price is a better choice $Apple(AAPL)$ BullishApple has been range bound from 120 to 180 for around a year or so It one will to buy at $180 will have Their cash stucked earning only less than one percent in divindendBut again the person can sell callIn my humble opinion, selling put for apple will bea better move than selling call $SPDR S&P 500 ETF Trust(SPY)$ $Nasdaq 100 ETF(QQQ)$ @TigerStars @TigerEvents do feature so people can be warned buying apple at this price seems dangerous 
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      Earn 1%monthly by Selling apple monthly put options at 157.5
    • OptionsDelta·08-12OptionsDelta

      Why did someone trade an $18 million put option on Apple?

      CPI landing market trend steady I feel nothing, plus yesterday on the cold stopped a more. But when I look at the list today, I have a vague feeling that there is something wrong:Why does $Apple(AAPL)$ have 18 million more Puts? $AAPL 20221216 170.0 PUT$The expiration date is December 16th and the strike price is $170, which is an in-the-money PUT at the current apple price of $169. Although the current trend of Apple has reached the top of the stage, but also not so completely bearish?Is it possible to sell put? This possibility is not ruled out, but it would mean a very good second half of the year, $170 is the low for Apple in the second half of the year, or a long period of sideways trading after that.There is no rush to judge the exact outcome. As a rule of thumb, such big orders are usually delayed, and even if Apple turns the tide and starts to decline, it will be a few days later. During this period, you can think slowly, observe and deal with your position, and there is plenty of time.In another pre-market flash point, the announcement of five major state-owned enterprises delisting from the United States, combined with the news of Alibaba's dual listing in Hong Kong, stirred speculation.However, I think the bulk return of Chinese stocks is highly likely to be positive for Hong Kong stocks, otherwise there would be no one for $iShares China Large-Cap ETF(FXI)$ 4 million call in advance:​ $FXI 20221118 30.0 CALL$That's about it. Have a great weekend, everybody!
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      Why did someone trade an $18 million put option on Apple?
    • OptionsTracker·08-12OptionsTracker

      Hot stocks covered call reference [August 12]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220819 940.0 call$TSLA2022/08/19940.04.7500000.54000025.20%$AMC 20220819 30.0 call$AMC2022/08/1930.01.7200002.170000308.23%$AAPL 20220819 177.5 call$AAPL2022/08/19177.50.1000000.2100002.71%$NIO 20220819 22.5 call$NIO2022/08/1922.50.2900000.71000063.55%$COIN 20220819 108.0 call$COIN2022/08/19108.00.5500001.16000029.87%$SPY 20220819 432.0 call$SPY2022/08/19432.00.5800000.1600006.30%$TIGR 20220819 4.5 call$TIGR2022/08/194.50.0300000.95000036.70%$GRAB 20220819 4.5 call$GRAB2022/08/194.50.0500001.13000060.67%$NVDA 20220819 197.5 call$NVDA2022/08/19197.50.5500000.48000013.99%$PLTR 20220819 11.0 call$PLTR2022/08/1911.00.0500000.76000024.22%$RIVN 20220819 42.0 call$RIVN2022/08/1942.01.7500001.250000204.99%$AMZN 20220819 152.5 call$AMZN2022/08/19152.50.1500000.3300004.87%$AMD 20220819 106.0 call$AMD2022/08/19106.00.4400000.46000020.46%$SQQQ 20220819 41.5 call$SQQQ2022/08/1941.50.3400000.82000042.69%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 12]
    • 0DTE Trading Academy·08-120DTE Trading Academy
      Live 0-DTE Trade SPX Options Episode #18/50 - THU AUG 11th 3:15PM A live trading session demonstrating how we day trade options expiration right down to the very final minutes of an option's ... From Youtube: https://www.youtube.com/watch?v=74nFiviZ2is
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    • MattGiannino·08-12MattGiannino
      3 Option Picks for this Week *NOW*From Youtube: https://www.youtube.com/watch?v=7cxO_M2M-Qk
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    • JIAMU OWL·08-11JIAMU OWL

      Broken Wing Butterfly morphed into No Risk Full Butterfly

      I entered into a broken wing butterfly on QQQ on National Day 9th Aug as follows:QQQ Broken Wing Butterfly TradeThere are basically 3 legs:Sell 2 x 295 Put expiring 2nd Sept.Buy the 280 Put same expirationBuy the 300 Put same expirationMulti-Leg Order Entry ProgramI used my Multi-Leg order entry program to enter the 3 legs as a 'single' order on Tiger platform and thats why the 3 legs were filled concurrently. My Multi-leg Order Entry ProgramRationale for TradeThe rationale for the trade was expecting QQQ to move slightly lower by expiration. However QQQ moved higher instead after the trade was put on. No fret really, the nice thing about BWB is I can still keep the premiums even if QQQ move higher. Morphing into a Free ButterflyAlso now I have the opportunity to morph the broken wing butterfly from this:Broken Wing on QQQinto this:No risk free full winged butterflyI just have to close the 280 Put and buy a new 290 Put. Of course this full winged butterfly would require QQQ to pull back to between 290 and 300 level to make good money. Else I can still keep the small credit regardless how QQQ move. In other words, its practically a free lottery ticket.  @TigerStars 
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      Broken Wing Butterfly morphed into No Risk Full Butterfly
    • OptionsDelta·08-10OptionsDelta

      Silver might go up. How do I know that

      I expected CPI to fall, but I didn't expect core CPI to fall so much.The U.S. consumer price index rose 8.5 percent year-on-year in July, versus expectations of 8.7 percent and 9.1 percent previously. The unadjusted core CPI in the US rose 5.9% year-on-year in July, versus expectations of a 6.1% rise and previous estimate of a 5.9% rise.The implied odds of a 75 basis point hike in September fell from 68 per cent to 31 per cent after the data.I thought Musk was selling ahead of the CPI in order to sell at the top of the market like the previous two times. Now it seems he was wrong? I never thought it would be that easy. The market is a little confusing right now.For example, in yesterday's Silver ETF$iShares Silver Trust(SLV)$ , the option movement saw a lot of call buying, pushing the Call /Put ratio to a rare 19.53.For example, these options have expiration dates focused on the next three months, and are targeted to distribute near-term volatility, such as:$SLV 20221118 22.0 CALL$$SLV 20221021 21.0 CALL$For stocks that are not actively traded in options, call/ PUT can easily get out of balance and can easily be perceived to be moving differently. For example, on July 18, the call/ PUT value of the $SPDR Gold Shares(GLD)$ reached 10.91. After that, you know what happened to the gold price.What is more puzzling is that there is no option movement in the $SPDR Gold Shares(GLD)$ this time. In theory, gold and silver fluctuate in the same direction, and the absence of option movement in GLD makes people feel unnatural.$AMD(AMD)$ Yesterday I saw several stock option moves with this kind of bullish deep in-price straddle:$AMD 20220916 87.5 PUT$ & $AMD 20220916 87.5 CALL$But the point I want to make is the following four orders, straddle strategy. Traders bought the call and put at the stock price ($75) on July 6:​$AMD 20220819 75.0 CALL$​​$AMD 20220819 75.0 PUT$Traders then closed out positions of 3750 lots each yesterday and bought the same number of at-the-money(100$) Call and Put expiring in September to continue the straddling strategy:$AMD 20220916 100.0 CALL$​​$AMD 20220916 100.0 PUT$Before, I might have said that this trader is continuing to be bullish, but the fact that he's just using some of his profits to continue to bet suggests that it's more speculative and that the people who are long can consider reducing their positions a bit.But it has to be said that this kind of operation is very suitable for high position reduction and then continue the call/put speculation, which can only be done with options.Buy the same amount of options with a higher and cheaper strike price and continue to hold the position with the profit after reducing the position, which not only harvests the profit, but also maintains the original position.
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      Silver might go up. How do I know that
    • OptionsTracker·08-10OptionsTracker

      Hot stocks covered call reference [August 10]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220819 935.0 call$TSLA2022/08/19935.07.7000000.59000033.06%$AMC 20220819 27.0 call$AMC2022/08/1927.01.5200002.080000247.13%$NVDA 20220819 187.5 call$NVDA2022/08/19187.51.0300000.50000022.00%$PLTR 20220819 11.0 call$PLTR2022/08/1911.00.0700000.82000027.62%$AAPL 20220819 175.0 call$AAPL2022/08/19175.00.1900000.2400004.21%$NIO 20220819 21.0 call$NIO2022/08/1921.00.4400000.84000083.78%$AMD 20220819 104.0 call$AMD2022/08/19104.00.6400000.49000024.45%$BABA 20220819 101.0 call$BABA2022/08/19101.00.7200000.59000028.82%$SPY 20220819 425.0 call$SPY2022/08/19425.00.8500000.1800007.54%$GRAB 20220819 4.5 call$GRAB2022/08/194.50.0500001.22000051.26%$TIGR 20220819 4.0 call$TIGR2022/08/194.00.0400000.75000041.60%$SQQQ 20220819 45.0 call$SQQQ2022/08/1945.00.6600000.95000061.74%$U 20220819 60.0 call$U2022/08/1960.01.2400001.27000089.89%$NVAX 20220819 55.0 call$NVAX2022/08/1955.00.2000001.21000018.12%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 10]
    • OptionsDelta·08-17 22:13OptionsDelta

      How is the market going? Continue to sideways!

      Recently, the market has a pullback trend, so I opened the fear index to see how big the pullback will be. Instead of a call, I found a PUT order:$VXX 20221021 16.0 PUT$$Cboe Volatility Index(VIX)$ The call/ PUT ratio is also within the normal range.Therefore, it is concluded that some recent stocks and growth stocks because of the previous rise more, the range of correction will be relatively large. Although the market is less than the previous two months strongly bullish, but the whole or smooth upward.In other words, it is suitable to continue selling Put:Ticker symbolAnnualized incomeExpiration datestrike pricePremium$TSLA 20220819 830.0 PUT$9%2022/8/198300.69$GOOG 20220826 118.0 PUT$19%2022/8/261180.65$JPM 20220826 115.0 PUT$6%2022/8/261150.21$SBUX 20220819 86.0 PUT$19%2022/8/19860.14$DIS 20220826 117.0 PUT$9%2022/8/261170.32$UBER 20220826 31.0 PUT$57%2022/8/26310.51$ATVI 20220826 80.0 PUT$15%2022/8/26800.35$VMW 20220916 115.0 PUT$13%2022/9/161151.35​​Options active:$Tesla Motors(TSLA)$ Next week Tesla shares split three, yesterday saw a big entry: $TSLA 20220819 950.0 CALL$ . Call/PUT made new highs again, but I think Tesla will continue to trade sideways this week.$Wal-Mart(WMT)$ Earnings landing, more than single entry $WMT 20221216 155.0 CALL$
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      How is the market going? Continue to sideways!
    • OptionsTracker·08-18 19:00OptionsTracker

      Hot stocks covered call reference [August 18]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220826 995.0 call$TSLA2022/08/26995.08.4500000.59000037.58%$AAPL 20220826 182.5 call$AAPL2022/08/26182.50.3700000.2300008.60%$SE 20220826 83.0 call$SE2022/08/2683.00.4500000.75000025.18%$AMC 20220826 26.0 call$AMC2022/08/2626.01.5700002.320000298.09%$SPY 20220826 439.0 call$SPY2022/08/26439.00.8300000.1700007.89%$NIO 20220826 22.0 call$NIO2022/08/2622.00.2800000.70000056.55%$BABA 20220826 99.0 call$BABA2022/08/2699.00.6000000.57000027.11%$SQQQ 20220826 40.0 call$SQQQ2022/08/2640.00.4000000.85000046.51%$NVDA 20220826 202.5 call$NVDA2022/08/26202.51.3800000.59000030.52%$GRAB 20220826 4.0 call$GRAB2022/08/264.00.1500001.230000170.40%$AMD 20220826 106.0 call$AMD2022/08/26106.00.5100000.44000021.05%$AMZN 20220826 155.0 call$AMZN2022/08/26155.00.1800000.3400005.14%$FUBO 20220826 7.5 call$FUBO2022/08/267.50.2700002.450000204.29%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 18]
    • OptionsTracker·08-19 19:00OptionsTracker

      Hot stocks covered call reference [August 19]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220826 985.0 call$TSLA2022/08/26985.06.4600000.55000032.44%$AAPL 20220826 182.5 call$AAPL2022/08/26182.50.2100000.2300005.50%$SE 20220826 79.0 call$SE2022/08/2679.00.4900000.72000031.94%$PLTR 20220826 10.5 call$PLTR2022/08/2610.50.0400000.70000019.95%$AMD 20220826 108.0 call$AMD2022/08/26108.00.4200000.43000019.08%$SPY 20220826 439.0 call$SPY2022/08/26439.00.6300000.1500006.72%$NVDA 20220826 205.0 call$NVDA2022/08/26205.01.2500000.57000030.38%$BABA 20220826 99.0 call$BABA2022/08/2699.00.5300000.55000026.65%$NIO 20220826 21.5 call$NIO2022/08/2621.50.2500000.66000057.29%$GRAB 20220826 4.0 call$GRAB2022/08/264.00.1000001.400000129.99%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 19]
    • OptionPlus·08-19 21:38OptionPlus

      QQQ surprised by the large PUT orders, should we short the stocks now?

      After a big bounce, there is a sound of short. But the market seems to be waiting for a trigger. What could it be?Let me remind that there are 2 trillion dollars of options expire tonight.In next two weeks: Tesla share split; Powell will speak at Jackson Hall annual meeting; US non-farm and a series of August economic data will release in early September.Apple will launch the iPhone14 on September 7th .Apple share has been rising for six consecutive weeks, and it is highly probable that it will also close up this week. Before FOMC in September, the U.S. CPI for August will release, and some Fed officers will speak.There are many opportunities in the next few weeks, especially in September.This week, S&P 500 fell back to the range of 4200-4300, when it was blocked in the position of daily MA200. S&P 500 will challenge the position again.If it fails, it will return to the range. Will it fall? Very neutral, the current quotation is strong. However, if anything triggers the callback next week, the first target is probably around $4150.Two trillions options expire tonight, of more than 900 billions are related to the S&P index. Does it have a big swing? We'll see.​Nasdaq rebounded the most fiercely in this round, with the bottom rebounding by nearly 25%. But it is still far from the daily MA200 and the weekly MA50. This week, it challenges 13,000 points.​It is worth noting that QQQ has issued a large PUT orders in the past two days. Especially on August 17th, millions of orders bought its PUT which expire in September. And Call/Put Ratio also reached a low level. There are two situations, one is that the market has risen more in the short term, and some investors made hedging strategies through QQQ PUT. The other is simply thinking that it will fall in a month.From the exercise prices of large single orders, it is a very conservative price, even an in-the-money PUT, which shows that these orders are not looking at a sharp drop, but look more like hedging or position protection. If you speculate, you can follow the PUTs expire Sep 16th or Sep 30th.​Take a look at the small-cap stock index ETF$iShares Russell 2000 ETF(IWM)$.After breaking through the annual price of $200, the callback failed to break through. Call/Put Ratio reached the low point of 0.24.APPLE KING, as the guardian of the market, has a high probability of gaining for 7 weeks. ​$Apple(AAPL)$ the share broke through a key trend this week. It depends on whether the position is fixed.Apple's option orders are too large, which is not easy to analyze. However, there are millions orders of ATM options combos, which are straggle strategies and put spreads. It seems that share price fluctuations or step back, but there is no clear signal of sharply drop.Apple will release the new iPhone14 on September 7th. According to the history, share price always go up before the conference. And share price drop in the conference. I don't know how to go this year.​$Tesla Motors(TSLA)$ Although the share split around the corner, it doesn't seem to give the signal to rally. It is more like to lock the price in a range around $900.​I hold Sell Put and Sell Call on TSLA expire tonight.Although Tesla's Call options are much more than Puts, the exercise prices of Call are all deep ITM(780-800), while the exercise prices of Put options are close to the current share price. I will Sell Put due next week (around $800) at the right time, but I will not Sell Call again. I am not sure whether Tesla will soar after share split.​
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      QQQ surprised by the large PUT orders, should we short the stocks now?
    • OptionsTracker·08-15OptionsTracker

      Hot stocks covered call reference [August 15]

      Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another 100 shares will be purchased on the next trading day.The final total assets is USD 728898 (include fees and costs).Today's Covered Call(for your reference)OptionStockExpiry DateStrike PricePremiumImplied volatilityAnnualized rate of return$TSLA 20220826 1020.0 call$TSLA2022/08/261020.08.5500000.60000028.89%$AAPL 20220826 182.5 call$AAPL2022/08/26182.50.1600000.1900002.83%$NIO 20220826 23.5 call$NIO2022/08/2623.50.3900000.70000056.19%$AMC 20220826 30.0 call$AMC2022/08/2630.01.8000001.870000224.02%$GRAB 20220826 4.5 call$GRAB2022/08/264.50.1500001.300000118.51%$PLTR 20220826 12.0 call$PLTR2022/08/2612.00.0400000.63000012.28%$BABA 20220826 106.0 call$BABA2022/08/26106.00.7500000.53000024.07%$SE 20220826 105.0 call$SE2022/08/26105.01.2900000.85000044.23%$NVDA 20220826 210.0 call$NVDA2022/08/26210.01.3900000.53000022.60%$SPY 20220826 442.0 call$SPY2022/08/26442.00.7200000.1500005.13%$SQQQ 20220826 41.0 call$SQQQ2022/08/2641.00.4400000.82000039.03%$AMD 20220826 111.0 call$AMD2022/08/26111.00.6100000.44000018.40%$AMZN 20220826 160.0 call$AMZN2022/08/26160.00.1300000.3200002.75%$COIN 20220826 125.0 call$COIN2022/08/26125.00.6800001.11000022.86%Note:Options listed in this table are for reference only during the trading hours of the day;Hot stocks are the top 20 stocks with highest number of visits on Tiger Trade;Data source:Tiger Trade.Option Screening Rulesstrike >= p * e^{1.04 * sigma * sqrt{days/365}}p :      current stock pricesigma:Stock History Volatilitydays :the number of days from the option expiry date ( next Friday)If you have no experience in trading options, you can try option simulation tradingGuidance for Options Paper AccountQuestions and AnswersWhat Is a Covered Call?The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.How to make extra profits by selling covered callStrategy applicable group:Hold the positive shares mentioned in the strategy, hold a position of ≥100.How do I know if a covered call has been completed:The presence of the word portfolio next to the name of an open stock or option indicates the execution of a covered strategy.Strategic income:An annualized return is calculated based on yesterday's closing price by referring to the option strategy filter rule.(premium per share / yesterday's closing price) * (No. of days in 1 year / duration of option in days)For example, yesterday's closing price is $100 , the option premium is $1 and expires 30 days from now. Putting it into the equation (1/100) * (365/30) = 12.17% per annum.Exercise pric:The option price is calculated according to yesterday's closing price by referring to the option strategy screening rule. Whether to trade at the strike price provided in the strategy depends on how far the share price diverges from the closing price.Exercise:Shares held at expiration are sold at a price above the strike price. The stock price on the expiration date is lower than the exercise price, the stock held does not move, the value of the option goes to zero and is automatically cleared by the system.Risk warning:If the stock price on the expiration date is higher than the strike price, and the position cost price is higher than the strike price, the stock sold due to counterparty exercising of the option may cause losses.DISCLAIMEROptions are categorised as Specified Investment Product (SIP) and are generally more complex than other financial products. You will need to go through a Customer Account Review (CAR) before Options can be offered to you.The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance.The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results.In preparing this information, we did not take into account the investment objectives, risk appetite, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, risk appetite, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information herein may be relied upon.This advertisement has not been reviewed by the Monetary Authority of Singapore.
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      Hot stocks covered call reference [August 15]
    • OptionsDelta·08-16OptionsDelta

      Hot stocks sell put & option active: PYPL SBUX DIS XME

      Nothing in particular to say. Keep making money.Sell put:Uber is added today. Stocks that adjust repeatedly after earnings jumps are best suited to sell puts. I also think Berkshire and Boeing would be a good fit.Ticker symbolAnnualized incomeExpiration datestrike pricePremium$TSLA 20220819 830.0 PUT$12%2022/8/198301.19$GOOG 20220826 118.0 PUT$18%2022/8/261180.68$JPM 20220826 115.0 PUT$8%2022/8/261150.31$SBUX 20220819 86.0 PUT$19%2022/8/19860.19$DIS 20220826 115.0 PUT$8%2022/8/261150.31$UBER 20220826 31.0 PUT$53%2022/8/26310.52$ATVI 20220826 80.0 PUT$18%2022/8/26800.43$VMW 20220916 115.0 PUT$14%2022/9/161151.45Option active:Paypal, Disney and Starbucks are also ideal sell put targets. I think it is not necessary to buy when seeing a big call order. We still need to consider the market risk.​​​$PYPL 20221118 105.0 CALL$ After a long post-earnings correction, there are finally signs that it's starting to kick in.$DIS 20221216 150.0 CALL$ Disney's Q3 results were positive, with revenue from its theme parks, experiences and products division reaching $7.394 billion in the quarter, up 70% from a year earlier; Streaming subscribers and cumulative users also beat market expectations; At the same time hedge fund high profile approach to increase holdings, double good.​$SBUX 20221216 92.5 CALL$ Starbucks continues to rise as services recover.​$XME 20220916 49.0 PUT$ Metals and mining industry is facing a correction in the near future, the obvious large entry short order
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      Hot stocks sell put & option active: PYPL SBUX DIS XME
    • Sporepuppy·08-09Sporepuppy
      My pice on MEME stock will be  $Palantir Technologies Inc.(PLTR)$ Bullish But instead of buying the stock I will rather sell the put option at $8 to have 0.20 of premium which is around 2.5% per month  In the event if I got the stock I might sell call at $7 or $8 to exit the position I might not fall in love with this meme stock but I do fall in love with the premium And the fluctuations of meme stocks $Nasdaq 100 ETF(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ View on SPDR S&P 500 ETF Trust(SPY)BullishBearish
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    • Thomas Chua·03-25Thomas Chua

      How Warren Buffett Uses Options

      “Indeed, at Berkshire, I sometimes engage in large-scale derivatives transactions in order to facilitate certain investment strategies.” Warren Buffett That’s right, Warren Buffett is a big user of these weapons of mass destruction. Jest aside, options can be a great tool to complement investing when used appropriately. Buffett’s Thoughts on Options In Berkshire’s 2008 and 2010 annual letter, after highlighting the dangers of derivatives, Buffett explained in detail why he uses options to generate float for investing: “Both Charlie and I believe that Black-Scholes produces wildly inappropriate values when applied to long-dated options.We put our money where our mouth was by entering into our equity put contracts. By doing so, we implicitly asserted that the Black-Scholes calculations used by our counterparties or their customers were faulty.” Like the efficient market hypothesis, and many other financial concepts taught in business school, the Black-Scholes model isn’t perfect. Key inputs to the calculation of options value include: A contract’s maturity/expiration date Strike price Analysts’ expectations for volatility Interest rates Dividends In 2008, he gave the example of selling a 100-year $1 billion put option on the S&P 500 at a strike price of 903 (the index’s level in 2008). Applying the key inputs to the calculation of options value, the Black-Scholes premium for this contract would be $2.5 million. In other words, Buffett would collect $2.5 million upfront for a put option that would expire in 2108. What is the likelihood of the S&P 500 being lower in 2108? In the 20th century, the DJI increased 175 times as companies within the index reinvested and grew. The probability that the S&P 500 will be valued lower than its 2008 level after a hundred years is far less than 1%—an extremely unlikely scenario. Even if this scenario were to happen, Buffett would only need to get a return of 6.2% CAGR on the $2.5 million premium collected to make up for the total loss of $1 billion. Selling Puts on Coca-Cola $(KO)$ In Apr 1993, Buffett sold 50,000 put options (equivalent of 5 million shares) for $1.50 worth of premiums per option. This comes up to a total of $7.5 million in premiums collected. These options expire on 17 Dec 1993 with an exercise price of $35. KO shares were trading at $39 back in Apr 1993. Let’s dissect Buffett’s rationale for selling put options on KO. Lowering KO’s Purchase Price Buffett wasn’t willing to pay $39 for KO shares back in April 1993 and was waiting for KO to hit his target price of $33.50. If KO fell from $39 to $35, Buffett would effectively be buying KO shares at $33.50. The premium of $1.50 collected would have lowered his purchase price ($35 – $1.50). Buffett’s method shows us how selling puts on stocks on your watchlist is a good way to generate income while waiting for it to hit your target price. Generating Float Buffett was able to collect premiums of $7.5 million upfront and invest them immediately. The concept of premiums collected from selling options is similar to underwriting insurance. Much of Buffett’s wealth has come from insurance float, such as collecting premiums from car insurance upfront and paying out claims subsequently. The time between collecting the premiums and paying out claims (if any), allows Buffett to put these monies to work! This is akin to borrowing money, except that this is ‘permanent capital’. During economic crises like we saw in 2008, the credit market froze up and financial institutions were unwilling to lend capital. However, even in an economic downturn, premiums from insurance would still be paid and you would not be at the mercy of creditors. Another difference is that Berkshire has an underwriting profit almost every year! This means that Buffett has been borrowing money and he was getting paid to do so. Buffett frequently uses options and other derivatives to build up his portfolio. While the majority of his strategy is buy and hold, derivatives can allow for otherworldly gains or a steady stream of passive income that protects you from some of the potential downsides. Two Risks of this Strategy: Firstly, If the stock goes below $35, you are still obliged to buy it at the agreed strike price and will “miss the opportunity” to buy it cheaper. This isn’t a problem if you planned on buying the stock and holding it for the long-term anyway. Secondly, if the stock never hits your strike price and you may miss your chance of owning a potential winner. This isn’t entirely bad as you still get to keep all of your premiums and you can keep doing it all over again until the stock hits your desired price target. My Options Journey Since I started investing more than a decade ago, I have brushed options aside, thinking that they were just ‘noise’ or otherwise, ‘weapons of mass destruction’. I’m glad some friends of mine helped change my thinking last year. Options can actually be used to complement sound, rational investing by increasing my returns or generating cash flow (i.e. income). This year, I’m making it a priority to master this tool and I will be sharing what I learned publicly. I believe the best way to learn is by teaching and writing, in plain simple English. You can subscribe to my learnings on options here. https://steadycompounding.com/options/how-warren-buffett-uses-options/
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      How Warren Buffett Uses Options
    • OptionPlus·04-03OptionPlus

      My Q1 Options Review & Share Two Movies

      Hello, Tiger friends, I hope you have a nice holiday. And Pray for Shanghai. I want to review Q1 trading. The first quarter is full of swings. Nothing is impossible when the War has been happened. The S&P 500 quarterly closed down nearly 5%, while the Nasdaq quarterly dropped 9%.But there were still good sectors last quarter, such as energy,raw materials and public utilities, but I don't hold them.​ Due to$Tesla Motors(TSLA)$ strong rebounded in March that made my account had no loss in the first quarter. But it was also thrilling. Review of Tesla, I sold my shares at $900 and $1000 through covered call options respectively in October last year. And then I kept doing Sell Put for several months, I earned premium of options steadily. As TSLA rose to $1,200, I raised the strike price of Sell Put to $1,000 and $1,050. Then I took over Tesla for $1,050 in February. Later I made up the position through Sell Put to an average cost of $960. When Tesla once fell to $700, I closed the small eyes of the account page Recommend to everyone:closing eyes when your account plummet!😂 Last week, I Sell half position of Tesla at $1,000 through covered call, and the rest position are making Sell Covered Call at $1,200. At the same time, I continue to Sell PUT options at strike $900/$950. If the price arrives, take over it. I have to mention that manage your option positions and must not exceed the amount you can take over. Otherwise, if there is a sharp drop, it will be a margin closeout. To sum up, I buy stocks through Sell Put options and Sell them through Sell Covered Call options. This is essentially a band strategy, which earns premiums when it is not exercised, and avoids waiting for no profit at all. Looking at the trend of TSLA, all moving averages keep a long queue, and I believe the performance in April will still be good. However, there is a small gap that jumps empty below, which should be made up.. If the market can remain strong until the Fed meeting in May, I think TSLA has a high probability of hitting the previous high point that about $1,200. So I put the selling price of Sell Covered Call at $1,200. If you also hold TSLA, you can also stop profits properly, provided that you are willing to sell it. If you don't want to sell it, don't do it for a little premium. When the price comes, the stock will lose the later gains if it is sold by exercise, but I usually think it is God's will.​ I also did a good trade at Apple and buy it in a typical support level that the 200-day moving average at $155 directly. Although it was not the lowest point, but it started 11 consecutive rises two days later, and I sell a covered call of $185, but it didn't arrive. I will keep do it.​ Because of the M&A, I traded options of $Activision Blizzard(ATVI)$, sell $78 and $80 Put. Because I bought shares at $80 from exercise, then I continue to Sell Covered Call at $80/$81, and sell half at $80. It looks no profit, but there is no cost in exercising, the premium of options is net profit. When the market performs well, this stock was a drag, the premiums are not high, and the stock just rise a little. But its advantage were highlighted when the market plummets. This year, the market is very turbulent. Although this strategy earn not much, it could be persisted for a long time. It is worth to rethink about $Berkshire Hathaway(BRK.B)$. At the beginning of the year, I wrote that Berkshire is worth to hold for a long time. But at that time, technology stocks were running too fast, In contrast, Berkshire is weaker than growth stocks, but after a sharp fall, Berkshire's tenacity is particularly obvious. According to Tiger statistics, Berkshire has the best performance among the 10 largest US stocks, and Berkshire A has exceeded $500,000, so the strength of the stock god is very eye-catching. I don't know if I can catch up with BRK.B. I plan to do some Sell Put options to see any chance to buy $320-$300. If I buy it, I plan to take it for a long time. Q1 I made a mistake and took over $Netflix(NFLX)$ at $400, after its fourth-quarter earnings plummeted. But I didn't sell when it rebounded to $450, and ended up with a stop loss of $375 a few days ago. After <squid game>, I was optimistic about Netflix, but it rose too much and I could not but it. As a result, I bought it directly according to last year's cognition. In the interest rate hiking cycle, the company with poor profitability are not worth to buy. I think if the quantitative tightening in May, the market liquidity will continue to tighten, and the funds will give up companies with insufficient profitability. Moreover, NFLX's paying members story relies on single production too much. Recently, I watched a lot of dramas from APPLE TV and AMAZON, and APPLE TV just won the Oscar. I don't know what moat NETFLIX has in producing dramas. Is the so-called big data easy for APPLE and AMAZON? Finally, I recommend two good dramas for your holiday. APPLE TV's "WECRASHED" adapted according to WeWork is very worth to watch, and the performance is very explosive. Another is Uber story "SUPER PUMPED", which is also the history of Internet entrepreneurship. The name comes from Uber's internal motto and is produced by BILLIONS's creative team.​ ​
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    • Sporepuppy·07-28Sporepuppy

      Royal Caribbean sell put weekly for $28 with 0.22 premium

      Wanting to have a piece of the tourism pie and think it roughly reached bottom $Royal Caribbean Cruises(RCL)$ $SPDR S&P 500 ETF Trust(SPY)$ $Vanguard S&P 500 ETF(VOO)$  Maybe one will be better to have a $5 buffer at $28 put in the event u do not get the share u eat 0.22 times 100 If u get the share is $5 of discounted price SellWhen you sell a put option, you agree to buy a stock at an agreed-upon price.Put sellers lose money if the stock price falls. That's because they must buy the stock at the strike price but can only sell it at a lower price. They make money if the stock price rises because the buyer won't exercise the option. The put sellers pocket the fee.
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      Royal Caribbean sell put weekly for $28 with 0.22 premium
    • OptionsDelta·06-13OptionsDelta

      The bottom coming soon

      I see two paths to market action this week:Monday and Tuesday fell sharply. Rebound after rate hike path announced on WednesdayStop the fall tonight, rebound tomorrow. Wednesday was up and then down.I think Wednesday will bounce anyway for two reasons:1. The market plunged ahead of schedule in anticipation of more stringent monetary tightening. So if Wednesday's rate decision does not exceed expectations, the market will bottom out and rally.2、$Cboe Volatility Index(VIX)$ is the market's best feedback on fear. When the VIX hits 36, the market rebounds. Today's premarket VIX is up to 33. It can be found from previous observation that the faster VIX rises, the faster it falls back, especially if it exceeds 30 in one day, it can quickly bottom out.The drop from Friday to Monday was mainly due to continued strong CPI data for May: 8.6% y/y vs. 8.3% expected.After the data came out, I reflected on two things: I didn't judge the CPI ahead of time; I didn't trade VIX ahead of time.May CPI data is not surprising and it is easy to conclude from the strength of crude oil, gasoline and gas that May inflation will not be pretty. A similar cause and effect can be seen from $Target(TGT)$ 's announcement of inventory clearance and shipping weakness.$ZIM Integrated Shipping Services Ltd.(ZIM)$ The VIX dawdled to lows just before the CPI data was released. It just means my macro logical association needs work.Sell put:I'm just going to do a regular sell put today. Consider other trading strategies on Tuesday and Wednesday.Ticker symbolAnnualized incomeExpiration datestrike pricePremium$ATVI 20220715 75.0 PUT$18%2022/7/15751.2$VMW 20220715 125.0 PUT$27%2022/7/151253$SIMO 20220715 85.0 PUT$19%2022/7/15851.5​​The sell put traded last week may take over, then do the cover call strategy.
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    • OptionsDelta·08-02OptionsDelta

      Pelosi bought Ali's billion dollar PUT, didn't she?

      1It all started last night.I looked at the changes before going to bed and found that two short puts of TSMC had a total amount of about 2 million. If it's a bet on earnings, that's a lot, but if it's a bet on geopolitical instability, it's a child's play.Such an important geopolitical event, the magnitude of capital must be ten million level start, and must be early layout, which have the day of the order?Millions can only say meaning meaning, do a mood wave. Every time something happens to Taiwan, the usual $Taiwan Semiconductor Manufacturing(TSM)$ goes down and $GLOBALFOUNDRIES Inc.(GFS)$ goes up, I don't take it seriously and go to sleep.2When I got up in the morning, I saw some of my trader friends start to lay out empty orders, thinking about what I missed...Capital magnitude is certainly ten million level start, and certainly early layoutMy expression froze: There was a case.Do you remember when I said something about the unusual options movement on the FOMC that day? It is clear that the market is dovish bullish from the expectation to the direction of the market, but I don't know why someone would spend tens of millions or even hundreds of millions of dollars to buy the forward depth of the PUT on the day.I was puzzled at the time. Now it seems that the relevant informed people used the FOMC to cover up orders. Such a huge move would have been reported and interpreted by the financial media in normal times, but on an important monetary policy announcement day, it would have been interpreted as a forward layout of interest rate hike expectations.And can only be Ali, if replaced by TSMC, even on the FOMC day order will feel very out of place. TSMC suddenly added billions of short orders, everyone knew something was going wrong.It wasn't just Alibaba that was put in the day, there were a lot of other U.S. stocks. Other stocks put short order is not so sure, but Ali put short order large probability is Pelosi to do.Unlike the Russia-Ukraine conflict, only Putin knows if there will be a fight, but as far as I know Putin has no taste for buying options.Only Ms. Pelosi and the people around her who set up the trip know, and from what I understand, Ms. Pelosi likes to buy options.3In the stock market like chess, we think that the purpose of the huge short order layout is for the FOMC, but it is just a smoke screen for the next move. The known information does not determine the direction, the unknown is the most critical.As with yesterday's $Pinterest, Inc.(PINS)$ $earnings forecast, it can be concluded that this quarter is very bad and can be bearish.But after the earnings announcement of the company to offer a big killing device acquisition expectations, the stock price rose instead of falling. As you can see, PINS options orders were almost all calls last night. Can't use smoke to cover up the fall, the later the better.
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      Pelosi bought Ali's billion dollar PUT, didn't she?
    • JIAMU OWL·06-24JIAMU OWL

      Option will bankrupt you if you don't know what you're doing

      Adapted from a real storyMary made tons of money in 2021 buying and selling far out of the money LEAP Calls.These are cheap call options with strike that is way above the current share price & expires more than 1 year away. Option traders who play this game do not hold the contracts till expiration. Once the share price goes up, they will sell these LEAP Calls for good profit. Share price will always go upBecause Mary made a lot of money in 2021 playing these LEAP Calls, she figured come 2022, share price can only go up. So she doubled down on the number of contracts she bought. As market starts to trend down, she bought more calls to lower her costs thinking market will soon go up. Before she knows it, she had already spent a lot of money on these LEAP calls. Share price can also go downUnfortunately for Mary, the market continues to tank and now the LEAP calls are worth a tiny fraction of its original purchase price. Mary is staring at a few 100Ks of paper loss. Time decay is eating away at the value of these LEAP calls daily.Desperate moveMary decided to play the other side, afterall the share price can only go one way come maturity. So she bought a lot of far out of the money LEAP puts hoping that the share price will crash. She spent a lot of money on these LEAP puts as they are not cheap with IV at an elevated level.Its a bigger problem nowNow she is long on both LEAP Puts and Calls & time decay has increased as a result. Also delta is somewhat neutralised and any movement in share price does not impact the overall position much. In other words, the strangle (option strategy) which she has so 'cleverly' created has literally strangled her position & she has inadvertently locked in her losses. Not only she has to worry about the share price, she is also fighting against time. As most of us would have discovered by now, market does not go down or up in one straight line. Today is red, tomorrow can be green, 2 days red, 3 days green and so on, much like a tango dance. For her recovery strategy to work, the price has to move down or up a lot and move quickly. Unfortunately this is not the case now.Lesson LearntWhen entering a trade, always assume it will go wrong and hedge your bets. This will mitigate any losses in case the bet really goes wrong. Smaller losses means there is less of a desperate need to institute repair or recovery trades which if not done correctly can result in bigger losses as seen in Mary’s case. Finally if repair or recovery trades are to be undertaken, please make sure you know what you are doing otherwise you are simply digging a deeper hole which will be harder to get out. What should Mary have done?I cannot just end the article with the lessons learnt, else many would go away with the impression Options are risky. The fact of the matter is options are not risky if you know what you are doing. For Mary's case, as desperate as the situation may seem, there is repair trades she could have taken to salvage the situation. Keep a lookout for Part 2 to see what she could have done differently to salvage the bad trade. @TigerStars  
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    • OptionPlus·03-13OptionPlus

      FOMC&Quadruple Witching Day, how to use option to hedge?

      A huge swing week, Chinese stocks were bloodied. Although many Chinese stocks have fallen out of the value for long-term investment. But to individual investors, value investment is so-called risky. $SBERBANK(SBER.UK)$ was almost cleared on the London Stock Exchange, and its share price fell as low as only $1 cent, finally withdrawing from LSE. When the stock price fell to around $3 on February 23rd, there were a lot of people buy in, and then it fell to $1 and then 1 cent.​ Is SBER worthless? Of course not, but the share price has completely separated from the value level, so don't discuss whether oversold is worth to buy from value level. Of course, if you have enough money, you can buy and hold. At present, I don't have any Chinese stocks. The U.S. stock market did not perform well this week. The S&P index fell by 1.3% while the Nasdaq was miserable, it fell 3.5%. I don't think it is meaningful to analyze the market now. Next week is a very critical week. There will be the first interest rate hike by the Federal Reserve and the first quadruple witching day 2022. The uncertainty is too high, and everything depends on next week. Back to the market, the S&P index has not reached the upper trend line in the past two rebounds, which shows that it is very weak, but it has not fallen below the lowest point, indicating that the market is waiting to consolidate. We see that the 50-day line and the 200-day line are likely to close next week, and there will be a dead cross. I am not a shorter, I hope the market can be a strong rebound next week, but now I can't judge from the chart. When the S&P index be on the right track? I think it is crucial to return to the 200-day line, that is, the position around 4467, and now it is a short trend. If the lowest point breaks again, it is a high probability to break $4000.​ I still hold Apple, few Tesla and Blizzard shares, and I will open a SPY put next week to hedge my positions. For this reason, I looked at SPY options. The position of put options due next week are amazing, Let me draw the difference between puts and calls.Obviously, the following charts show that there are a large number of put positions. This volume will inevitably have a long-short war next week, either bulls will force short, or see you at 4000?​ ​$Activision Blizzard(ATVI)$ My positions have been fluctuating steadily in the range of $80-81, so I won't talk about it. I will keep doing sell put and sell covered call with reference to past operations. Talk about my Apple and Tesla. I bought Apple at $155, and this week it fell near the 200-day line again. I hold Apple sell put option at strike of 150 due next week. If it is exercised next week, I will buy Apple at $150 as planned. With the relief of the supply chain, I am still optimistic about Apple, even in a bear market.​ However, $Tesla Motors(TSLA)$  has always been the representative of growth stocks, and its volatility is large. If the S&P index really go below $4000, we will see $600 of Tesla undoubtedly. Tesla closed below the 50-week line this week, which is also a bad sign. Tesla did not fall below the 50-week line when it retreated at its maximum last year. I don't have much position in Tesla, so I will take it and wait for the opportunity to raise my position, and keep making sell covered call to earn some royalties.​Finally, VIX closed at around 30 this week. What is interesting is that the Nasdaq fell by 3.5% in a week, but the VIX also fell by 3.85% in a week. Volatility fell together with the market, indicating that the market did not panic, perhaps it was just a normal defensive adjustment before major events.​It can be guessed that VIX has repeated and short-term call vix correlation before the Fed meeting$Barclays iPath Series B S&P 500 VIX Short-Term Futures(VXX)$. It is also a hedging method. Explain that the most direct correlation etf of vix is$ProShares VIX Short-Term Futures ETF(VIXY)$. However, its option activity is far less than that of VXX, so it is more appropriate to trade VXX in options. If you look at the option changes, the call and put of VXX will be very active next week. Some people may ask why they don't choose VIX index option. VIX index option is CBOE option, and the delivery time next week is next Wednesday, March 15th, so there is no way to cross the Fed meeting. That's all for this week. Let's witness the market next week!
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      FOMC&Quadruple Witching Day, how to use option to hedge?
    • OptionsDelta·05-03OptionsDelta

      Earnings season Week 4: FOMC is more important than earnings

      The illusion of a rise has been shattered. 1 I was thinking of taking a vacation on Labor Day, but when I saw $Estee Lauder(EL)$ release earnings, I lost my nerve. The company cut its full-year profit forecast, with sales growth slowing to 7-9% from 13%-16%. Adjusted profit for the full year was $7.05 to $7.15 a share, compared with an earlier estimate of $7.43 to $7.58. Shares fell 10 per cent in pre-market trading after the results were released. ​In August 2020 earnings were down 6.7%. Estee Lauder said the lower sales forecast was mainly due to COVID-19 restrictions and the dispute between Russia and Ukraine. It is a very intuitive reflection of how serious the supply chain disruption caused by the epidemic and the Russia-Ukraine problem is. From $Amazon.com(AMZN)$ 14% drop to Estee Lauder's 10% drop, what about consumer earnings? Shorting is the way to go. 2 $AMD(AMD)$ reports earnings after the bell Tuesday. Unlike the pre-earnings moves of the past few weeks, bulk orders are doing more straddling and there are few spread strategies with reference. According to the large order forecast, the lower limit of this earnings report is $70 ~ $75, and if it rises, the range is more than 4%. I can understand why bulk orders don't anticipate. Earnings are only a small factor in determining the direction of stock prices at tomorrow's FOMC meeting. Look to your peers for advice. But nvidia's bulk order didn't reveal much. While there are many bulk orders with strike prices that look ridiculous, those look more like close than opening orders.
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    • OptionsDelta·02-23OptionsDelta

      Alibaba's Q3 earnings expectations: anyway, don't jump

      Alibaba's earnings on Thursday,the results from analysts' expectations, Alibaba$Alibaba(BABA)$  is still very pessimistic: Analysts lowered alibaba's earnings expectations, according to bloomberg consensus, alibaba in the third quarter of fiscal 2022 revenue for 2453.7, year-on-year growth of 11%; Adjusted net income of 44.185 billion yuan, down 27.1% year on year. Adjusted EPS to 16.198 yuan,down 26.4% year on year. And Q2 quarterly revenue growth of 29%, compared to the combined effects year-on-year growth is 16%. It's to say that consumer sentiment has been pretty weak this quarter, and we're just a few drops away from single-digit growth. So will earnings fall this time? Not necessarily. At present, the call volume is very active in the options outmove list, while from the perspective of large orders, there are straddle, forward call and spread call, all of which are biased to positive fluctuations. But that's still 14% short, and it's going up, so call is probably hedging. My personal opinion is that there is a 70% probability that the fluctuation of alibaba's financial report will be less than 5%. Because the media and analysts have widely publicized the forecast of this financial report, the spread strategy in the large order is really appropriate, that is, to sell 120call and buy 125call: ​$BABA 20220225 125.0 CALL$​ ​$BABA 20220225 120.0 CALL$ Based on the stock price of 112, an 8% increase in earnings results would result in a loss, while an 8% increase or a decrease would result in a gain of $100. Of course, a better deal opportunity in Alibaba after the release of earnings.
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    • OptionsDelta·02-15OptionsDelta

      A high winning rate strategy for RBLX earning report

      Let's talk about $Roblox Corporation(RBLX)$ earnings strategy. It's simple. Buy straddle, and the strike price is calculated based on 15% volatility: $RBLX 20220218 80.0 CALL$ $RBLX 20220218 59.0 PUT$​ Whether it's up or down, I'm pretty sure RBLX can't be below that volatility. If Nvidia has a high opening probability of more than 80%,and the probability of a 7% high open is 60%.The probability of RBLX opening 15% higher or lower should be above 90%. The above probabilities are not supported by statistical data and are purely personal hunch. If you think this straddle is too expensive, you can just go with put, because the big options bet on PUT is unanimous, and the strike price is much more aggressive than my choice: ​$RBLX 20220218 57.0 PUT$​$RBLX 20220218 50.0 PUT$​$RBLX 20220218 45.0 PUT$ Note: do not think that a big bearish single will fall. If the stock surges, you lose all of your options premium. Let's talk about the 13F file. As earnings season ends, funds begin to disclose their holdings. I looked at the press releases and found that bridgewater's holdings were inflation products, and buffett's top holdings were oil companies$Chevron(CVX)$ Buffett's increase in stock holdings just solved my difficult stock selection problem: since inflation is so serious that I will even increase interest rates 7 times this year, oil is a relatively high certainty opportunity this year. However, I do not know what to buy because of the lack of in-depth research, so I can directly do the company chosen by Buffett. Make a Chevrolet short put observation bin tonight:$CVX 20220225 129.0 PUT$
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      A high winning rate strategy for RBLX earning report
    • Tom_Brady·02-22Tom_Brady

      How a Russia-Ukraine conflict might hit global markets?

      Stock futures fell slightly Tuesday morning, reversing much sharper declines earlier, as traders monitor brewing tensions between Russia and Ukraine. Oil prices rose, with West Texas Intermediate futures jumping 4.5% to $95.19 per barrel. How a Russia-Ukraine conflict might hit global markets?How to hedge your stock portfolio to reduce market risk? Russia-Ukraine conflict Russian President Vladimir Putin said Monday that he would recognize the independence of two breakaway regions in Ukraine,potentially undercutting peace talks with President Joe Biden. Putin later ordered forces into the two breakaway regions. That announcement was followed by news that Biden was set to order sanctions on separatist regions of Ukraine, with the European Union vowing to take additional measures. Affected by this news, the global market reacted violently. At17:30 SGT, US stock index futures fell across the board, Dow futures fell 0.93%, Nasdaq futures fell 1.7%, S&P 500 index fell 1.05%, Russian related ETFs plunged more than 16%, and crude oil gold rose across the board. How a Russia-Ukraine conflict might hit global markets? Below arecharts showing where a potential escalation of tensions could be felt across global markets: The Historical Performances of S&P 500 Index After Geopolitical Events As our Chart of the Day shows, the S&P 500 fell 5% on average in 20 major geopolitical events dating back to the attack on Pearl Harbor in 1941. However, the S&P 500 recovered those losses in fewer than 50 calendar days on average.Safe Asset A major risk event usually sees investors rushing back to safe assets,such as VIX index, US Treasury bonds, Japanese government bonds ,Yen ,and Gold,and so on. Crude oil &Natural gas Correspondingly, the war has a long-term impact on crude oil, and the "supply premium" that may be caused by the situation in Russia and Ukraine has become a key variable affecting the trend of oil prices in the short term. After the conflict between Russia and Ukraine, European and American countries will definitely sanction Russia, which will hinder Russia's crude oil exports. According to IEA statistics, Russia's daily crude oil output accounts for 11% of the global crude oil output, which undoubtedly makes the current crude oil supply worse. In addition, the conflict between Russia and Ukraine will also affect the supply of natural gas. Nord Stream Natural Gas Pipeline is an offshore natural gas pipeline operated by Nord Stream AG. Nord Stream No.1 Pipeline was laid in May 2011 and put into use in November of the same year. The logic of natural gas is the same as that of crude oil. If sanctions are imposed, Russia's natural gas exports to Western Europe through Ukraine and Belarus will be greatly reduced, and the price of natural gas may return to the level of the fourth quarter. The situation in Russia and Ukraine may trigger a "supply premium". Agricultural Although Russia is located in the north, it is also a big agricultural country. Four major exporters - Ukraine, Russia, Kazakhstan and Romania - ship grain from ports in the Black Sea which could face disruptions from any military action or sanctions.Ukraine is projected to be the world's third largest exporter of corn in the 2021/22 season and fourth largest exporter of wheat, according to International Grains Council data. Russia is the world's top wheat exporter. read more How to hedge your stock portfolio to reduce market risk? Returning to trading, How to hedge your stock portfolio to reduce market risk? The most direct way is to trade futures, crude oil, gold and agricultural products futures.$MGCmain(MGCmain)$ ,$Gold - main 2204(GCmain)$, $SGCmain(SGCmain)$ ,$Brent Last Day Financial - main 2204(BZmain)$ $Light Crude Oil - main 2204(CLmain)$  Tiger App supports futures trading, but if you don't open futures trading, you may wish to look at ETFs. Gold ETF Gold ETF is an ETF linked to tracking the fluctuation of gold spot and futures. Buying such ETF is equivalent to buying gold spot itself. In general, gold in the spot market will fall, and ETFs that do more gold will fall ​$SPDR Gold Shares(GLD)$ Gold ETF-SPDR tracks the spot price of gold (Loco-London gold), which is more than one time. It has the best liquidity, and the daily turnover is extremely large, which is suitable for trading on the right side. Once the trading direction changes, it can be taken out immediately. ​$iShares Gold Trust(IAU)$ Gold ETF-iShares tracks the spot price of gold (refer to the global gold reserves), which is long. The trading volume is moderate, and the price difference range of buying and selling orders is reasonable. ​$ProShares Ultra Gold(UGL)$ Gold ETF-ProShares tracks the spot price of gold (London gold), which is more than twice. It is more suitable for intraday trading, and futures such as gold are traded 24 hours a day, so the risk of holding positions overnight is not small. ​$ProShares UltraShort Gold(GLL)$ Gold ETF-ProShares tracks the spot price of gold (Loco-London gold) and shorts it twice. Like UGL, it is not suitable to hold positions overnight. Gold mining company ETF In addition to gold ETFs, there are gold ETFs-which track a package of gold miners (the weighted average of the market capitalisation of gold miners)-which include both gold miners and gold processors. ​$VanEck Gold Miners ETF(GDX)$The ETF tracks the market value weighted index of global gold mining companies listed on NYSE and Nasdaq. The main commodities tracked are gold accounting for 85.30%, rare metals accounting for 10.26% and comprehensive mining accounting for 4.45%. Component stocks include: Goldcorp GG, Newman Mining NEM, Barrick Gold Company ABX, Randgold GOLD, etc. (Note that the target and composition will be adjusted over time). ​$VanEck Junior Gold Miners ETF(GDXJ)$Doing long gold index (small-cap company) American exchange gold index, the ETF tracks the market value weighted index of global gold and silver mining companies, and its composition accounts for the same proportion as that of global gold and silver mining companies$VanEck Gold Miners ETF(GDX)$Different. Among them, the proportion of gold is 72.93%, the proportion of rare metals is 14.86%, and the proportion of comprehensive mining is 12.41%. (Note that the target and composition will be adjusted over time). Mainly small-cap companies, the top ten components include OceanaGold, Northern Star, Evolution Mining and so on. Do more than twice. ​$Direxion Daily Gold Miners Index Bull 2X Shares(NUGT)$2 times long gold mine index, tracking index: NYSE Arca Gold MineRS Index (GDM), or NYSE Gold Mining Index, tracks the world's "big" gold and silver mining companies, including Gold Corp, Newman Mining and Barrick Gold.$Direxion Daily Gold Miners Index Bear 2X Shares(DUST)$The target of tracking is the same as$Direxion Daily Gold Miners Index Bull 2X Shares(NUGT)$Same, but in the opposite direction, 2 times short. Silver ETF ​$iShares Silver Trust(SLV)$Besides, there is a silver mark, which is a bit like goldSPDR Gold Shares$(GLD)$It is an ETF of physical silver, and it also exists in the vault in London. The fluctuation direction is the same as the fluctuation direction of spot silver price, and it is more than doubled ​$ProShares Ultra Silver(AGQ)$The target tracks the fluctuation direction of spot silver price (London silver) in the same direction as the fluctuation direction of spot silver price, which is more than 2 times ​$ProShares UltraShort Silver(ZSL)$The target tracks the fluctuation direction of spot silver price (London silver) in the opposite direction to the fluctuation direction of spot silver price, and 2 times short Foreign exchange ETF Dollar-related ETFs ​$Invesco DB US Dollar Index Bullish Fund(UUP)$Long dollar, short basket of currencies USDX, (short sterling, Swiss franc, Canadian dollar, Japanese yen, Swedish kronor, and euro) extremely high liquidity ​$Invesco DB US Dollar Index Bearish Fund(UDN)$Short the dollar, long the USDX contract, short the dollar against six other currencies (sterling, Swiss franc, Canadian dollar, Japanese yen, Swedish kronor, and euro) liquidity is good. Euro-related ETFs ​$Invesco CurrencyShares Euro Trust(FXE)$EURO ETF-CurrencyShares trades EURO/USD, tracking EURO deposits/guarantees ​< a href= "https://laHu8.com/S/ULE "> $ProShares Ultra Europe (ULE) $ProShares Ultra Euro$(ULE)$Double the euro against the dollar, suitable for short-term operation (also holds options, futures, forward contracts and other assets, and the trading volume is scarce) ​$ProShares UltraShort Euro(EUO)$Double short the euro (volatile, suitable for daily settlement, popular with investors, good liquidity) Euro-related ETN Ero Copper Corp$(ERO)$IPath EUR/USD Exchange Rate ETN is an ETN that is long against the US dollar. Due to the influence of European overnight lending rate, it has good liquidity, but it also has the risk of closure. Morgan Stanley Market Vectors Double Short Euro$(DRR)$Market Vectors Double Short Euro ETN double-shorts EURUSD ETN Morgan Stanley Market Vectors Double Long Euro$(URR)$Market Vectors Double Long Euro ETN Double Euro-Dollar ETN (Big bid-ask spreads, difficult to trade, bet against Morgan Stanley, long-term liquidity problems, sometimes no trading on the day) Yen-related ETF Yen is a safe haven currency because of its large economic volume and stable economic structure. Usually, when a risky event occurs, the yen will rise sharply. Double short the yen$ProShares UltraShort Yen(YCS)$​ Double the yen$ProShares Ultra Yen(YCL)$​ ​ You can also pay attention to the military industry unit Top Ten Strongest Military Stocks in US Stocks + Defense ETF Tracking $Lockheed Martin(LMT)$ Its core business is aviation, electronics, information technology, aerospace systems and missiles. For example, fighters such as F-16, F-22 and F-35 (JSF) $Boeing(BA)$ The world's largest manufacturer of civil and military aircraft and the largest contractor of NASA $General Dynamics Corp(GD)$ Provide wheeled armored combat and tactical vehicles to the US military and its allies $Northrop Grumman(NOC)$ The largest manufacturer of nuclear-powered submarines, the largest IT supplier of the US Department of Defense, the largest radar manufacturer and the largest naval ship manufacturer in the world. Other military-related companies include United TechnologiesRaytheon Technologies Corporation$(UTX)$Precision partsPrecision Castparts Corporation$(PCP)$Rockwell Collins Corp.Rockwell Collins$(COL)$Textron Group (Marsh)Textron$(TXT)$, L3 Communications HoldingsJX Luxventure$(LLL)$The ETF-ITA code for tracking the U.S. aerospace and defense industries is$iShares U.S. Aerospace & Defense ETF(ITA)$​ Finally, I hope all the friends who have read this article can make a lot of money in stock market
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    • OptionsDelta·07-26OptionsDelta

      Sell put is best idea for this week

      This week's highlights:Wednesday: $Microsoft(MSFT)$ $Alphabet(GOOG)$ releases earningsWednesday: FOMC meetingThursday: $Meta Platforms, Inc.(META)$ releases earningsThursday: Q2 GDPFriday: $Apple(AAPL)$ $Amazon.com(AMZN)$ releases earningsThis week we have big earnings, FOMC and GDP. The last time we had such a big battle was at the end of April. :GDP Is so Bad, When Will the Market Improve?When the elephant stops dancing, be careful!There are plenty of parallels between this week and the end of April: poor earnings forecasts for advertising companies, poor GDP forecasts and a big rate hike at the FOMC meeting. It's exactly the same.But because of lower oil prices and unclogged supply chains, markets see sharp rate increases as a one-off in terms of inflation expectations. Ideally, the market should continue to rally after the data hits, regardless of the week's turbulence.But before we can reach our vision for next week, we need to get over this week's heavy emotional mountain:Last week's 39% drop in Earnings was a strong warning. This earnings season analysts have given very loose expectations, such a loose premise can not meet expectations, and the inability to give clear guidance for the next quarter, is bound to lead to the market again sharply lowered valuation expectations, triggering a broad market decline, led by growth stocks.In terms of rate hikes, although the rate tools suggest a 77% chance of a 75bps hike. But some analysts see the possibility of the Fed raising interest rates by 100 basis points to curb inflation. Negative growth stocks.In terms of GDP, two consecutive quarters of negative growth, although the market expects Q2 positive growth, but how to think the probability is not too big, may be another negative growth explosion.To sum up, the above three constitute growth stocks callback pressure.When will the stock market stop falling?I do have a very simple indicator here, so simple that it makes my list of words seem very verbose...Watch $GameStop(GME)$ Growth stocks have always been a bellwether for market money, but the bellwethers vary from cycle to cycle.As mentioned earlier in Turning Points, this year's bellwether is GME. If THE GME rises, growth stocks rise. Leading indicators are also part of this pullback, and the GME was the only one to fall during Thursday's rally.Suggest GME later do not call retail first share, rename the first institutional share.Don't guess today growth stocks can go up, when the GME callback in place when growth stocks can continue to buy.Tech heavyweights like Apple, Tesla, And Netflix I don't think that's a big problem, especially if the stocks that have already reported can do a sell put this week​$NFLX 20220805 200.0 PUT$​$TSLA 20220729 700.0 PUT$​$AAPL 20220729 145.0 PUT$As for Microsoft, Google and META, I don't see a particularly effective price reference movement at the moment.I personally think as long as the three companies meet analysts' expectations for the quarter and give decent guidance for the next quarter, the results won't trigger a big drop in stock prices and that will be a factor in this week's reversal.
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      Sell put is best idea for this week
    • OptionsDelta·02-10OptionsDelta

      Option strategy in this earning season: small bet and big win

      The CPI data will be released tomorrow and the market will surge. There are two possibilities: one is positive data in advance and strong bulls, and the other is short covering. I don't guess, but either way I made money on my short put. There's going to be a shift tomorrow, so today's not a good time to do a short put, so tonight you can take a little bit of a bet on this week's short put and lay out Disney and Affirm earnings reports. $Walt Disney(DIS)$ reports earnings tomorrow morning, and based on Netflix's results, Disney is also likely to be less than expected and more pessimistic, so I'm going to put my money on $DIS 20220218 130.0 PUT$. Disney can make a profit if it drops to 128, or lose all its royalties if it doesn't. On the other hand, buy call and put$DIS 20220218 144.0 PUT$ $DIS 20220218 144.0 CALL$.This is straddle strategy. Disney has dropped 7.7% since Netflix's earnings report. Better results could lead to a rebound, but there is a possibility of a drop, so Disney can make a profit if it moves above $11 per side. But if the amplitude isn't good enough, you're going to lose all of premium, so it looks like a better bet to put on one side. $Affirm Holdings, Inc.(AFRM)$ reports earnings on Friday. $PayPal(PYPL)$ fell 17% in the previous earnings reports. AFRM has ties to Amazon, but it can also be volatile, as growth earnings have always been. Put can be selected$AFRM 20220211 50.0 PUT$,You can also choose next week's. Choose buy put or straddle, it is recommended to consider it according to the profits you earned before. In the two strategies, I prefer to buy put , and the loss is only the profit from short put before, which is very cost-effective.
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      Option strategy in this earning season: small bet and big win