![StockSteve Profile](https://pbs.twimg.com/profile_images/1851037137061261313/hMn3Y5eW_x96.jpg)
StockSteve
@TheStockSteve
Followers
101
Following
3K
Statuses
588
I Like to sell options! I try to offer insights on navigating volatility. Theta decay is your friend - Not financial advice. For educational purposes only.
Joined September 2020
🚨 New to options trading? Let's dive into the world of Options Greeks!.. Never buy/sell options without looking at the greeks! 📷Delta - Think of Delta as your "probability buddy." If an option has a Delta of 0.50, it means there's about a 50% chance the option will end up in-the-money at expiration. For every small move in the stock, the option price moves by Delta amount. 📷 Gamma - This is Delta's speedometer. Gamma measures how much Delta changes when the stock price moves. High Gamma means Delta can change rapidly, making your option's price movement more volatile. 📷 Theta - Time decay is Theta's game. Each day that passes, your option loses a bit of value. If you're selling options, Theta is your friend; if you're buying, it's the clock ticking against you. 📷 Vega - Vega loves volatility. It tells you how much the option price might change with a 1% change in implied volatility. When markets get wild, Vega tells you how much your option could benefit or suffer. 📷 Rho - Rho is all about interest rates. It shows how much the option price could shift if interest rates change by 1%. Usually, the least of your worries unless rates are moving significantly. Understanding these Greeks can help you make smarter trades!
2
0
7
@emmysteuer IMO that’s the best form of flattery when some random guy doesn’t think all your efforts are yours
0
0
0
@squawksquare 6k all at once? That’s a significant buy. It’s been a long time since the RSI has been this low. With a decent CPI tomorrow, I believe today was the bottom.
2
0
1
@borger_4902 @mikelfilko Why? Did you had options that expired ? Cause if you had shares and didn’t sell it will be a matter of time before we reach ATH
0
0
0
@KeanuTrades @Vol8882 Elon is not buying TikTok, if he were it would not be good for Tesla stock…
1
0
0
@optionscjp We need a good CPI print this Wednesday, at least in line with expectations or else we could head to correction territory on the indices.
1
0
1