“Theta is called decay, but that only is half of the picture. If you look at the Black-Scholes equation, it literally says that the option decay over time is balanced by the expected move of the stock changing the value of the option. That gets lost in translation.” #options #thetagang
💼 Managing 5 options expiring 8/1 with nearly $2,000 premium collected!
✅ UNH covered call deep OTM (+70%)
✅ RDDT & TSLL puts safe & profitable
⚠️ MSTX put monitoring closely
📉 RGTI covered call likely assigned
#OptionsTrading success! #ThetaGang
retireondividend.blogspot.com/2025/07/opti...
🎯 Final word:
You’re selling volatility, not gambling on earnings reactions.
Avoid earnings landmines.
The premium isn't worth the crater it can leave.
#Options #ThetaGang #Earnings #TradingWisdom
7/8
Want to trade options with consistency, not chaos?
This 40-day thread series shares hard-won lessons from years of premium selling — one core insight a day.
No fluff. Just edge.
👇 Follow along and level up your strategy:
#Options #ThetaGang #TradingWisdom
1/8
Want to trade options with consistency, not chaos?
This 40-day thread series shares hard-won lessons from years of premium selling — one core insight a day.
No fluff. Just edge.
👇 Follow along and level up your strategy:
#Options #ThetaGang #TradingWisdom
Selling options, though, can be profitable. I am a proud member of the #thetagang there.
GME IV is crushing before earnings. Be careful out there option sellers.
#thetagang #GME
GME IV got hammered today. Thetagang just keeps wheeling on.
#GME #thetagang
IV on GME is 146 currently (top 87%). Be wary about buying calls with premiums this high. Selling options on the other hand.....
#GME #thetagang
