Sounds like you’re going for the “juice”. Gotta love it. Thanks Tom for the content and strategies.
@DoubleD52915 сағат бұрын
Holy crap the Nvda explanation was all over the place
@kamalkaga12 сағат бұрын
Hello Tom, On NVDA trade of -125C, if stoc is
@Mike_Affholder15 сағат бұрын
What if AMD goes up by 10$ wouldnt that sold call cost you more to close out than what uou received in est value or is it off set because the long call? Thanks alot just found your channel and trying to learn knew strategies.
@pokeking927211 сағат бұрын
It doesent work you right you Lose the hole Trade.You have to buy the Front call back for a loser and the lc bring you Not enugh in Profit.It is no the same then coverd call deep in the money
@MrSkywryter17 сағат бұрын
Great content. Nice charts by the way... I like you're in the money PMMC strategy on NVDA my question is close to expiry - Do you roll it out or do you take assignment of short shares? When I do this strategy, I roll for a credit, but I've never ITM. Thanks in advance..
@TommKing1316 сағат бұрын
@@MrSkywryter you can roll for a credit or close the trade for a win. If ITM CC is a loser, then you keep the extrinsic and your longs grow.
@MrSkywryter5 сағат бұрын
@@TommKing13 as I was signing off last night, I realize closing the trades probably the way to go. Thank you very much -n appreciate the content.
@rickphillips38117 сағат бұрын
Hi Tom, I remember a while back you said you don’t like to trade options on individual stocks, what changed your mind?
@TommKing1316 сағат бұрын
@@rickphillips381 I still hate most stocks. I will trade some higher quality names and invest in some as well. But my list is very small. I prefer indexes and ETFs. Just sharing some ideas.
@rickphillips38116 сағат бұрын
@@TommKing13 Got it, thank you for responding 👊🏻
@pokeking927210 сағат бұрын
Better buy about 360 Days Long call delta 80 an then sell 30 days Calls by delta 20 and do this the hole year
@shutengloke590713 сағат бұрын
AMD intrinsic value is probably around $85. More downside to go.
@KerryFrishman8 сағат бұрын
You are really capping your gains. If NVDA shoots up 10% in a week your ITM covered call is going to eat most of your leap gains. The “juice” man on the other channel has lost a ton of gains in TSLA doing the PMCC with ITM covered call. Not sure i’m a fan of the strategy.
@TommKing137 сағат бұрын
@@KerryFrishman I totally get it. Not sure who the juice man is, but as a theta trader I am looking for primarily income generation. I 100% agree that selling covered calls caps your gains. It’s really a matter of your trading style, your wrist tolerance, and your goals. For me, I like making a consistent 2 to 3% a month.
@TommKing137 сағат бұрын
@@KerryFrishman I am mainly sharing trade ideas. If you like the set up and have a strategy that you prefer, that’s what I would stick with. I’m just sharing some ideas that I might use so that others can get potential ideas.