Tesla call options

[VictoryTDP]

4 minutes ago, maramanishi99 said:

Layman here … what is IV ? 

What Is Implied Volatility (IV)? 

Implied volatility is a metric that captures the market's view of the likelihood of changes in a given security's price. Investors can use it to project future moves and supply and demand, and often employ it to price options contracts.

[VictoryTDP]

Just now, VictoryTDP said:

What Is Implied Volatility (IV)? 

Implied volatility is a metric that captures the market's view of the likelihood of changes in a given security's price. Investors can use it to project future moves and supply and demand, and often employ it to price options contracts.

Supply/Demand and time are the major factors that are used in calculating IV 

[maramanishi99]

6 minutes ago, VictoryTDP said:

Supply/Demand and time are the major factors that are used in calculating IV 

Does Robinhood shows IV when selecting a contract ? 

[maramanishi99]

1 minute ago, maramanishi99 said:

Does Robinhood shows IV when selecting a contract ? 

It does.., thank you 🙏🏼 

[VictoryTDP]

6 minutes ago, maramanishi99 said:

Does Robinhood shows IV when selecting a contract ? 

I don't know about Robinhood bro but ETrade does show it.

[VictoryTDP]

4 minutes ago, maramanishi99 said:

It does.., thank you 🙏🏼 

nice

[VictoryTDP]

6 minutes ago, maramanishi99 said:

It does.., thank you 🙏🏼 

If you are starting new, my 2 cents are don't go big into options and if you want to go big buy leaps ( long calls and near the money calls), and always book profits when you see it. Always have an exit plan and don't be greedy.

[JUST444FUN]

6 hours ago, Be_happy said:

Bro, how do you identify the stock that you sell a covered call. I am seriously considering covered calls and want to know if it is better than investing in long term growth stocks.

i can spend a maximum of 30 mins during trading hours everyday. 

I have list of my long term stocks and in that which ever have high implied volatility will give more premium. for suppose I pick the stocks which giving 15-20% premium per month . 
 

ex: wish july 30 12$ sell call gives 175$. Premium . So Monday morning I buy 500 WISH and sell 12 call immediately.get 875$ premium.

if it goes down in this month. average and sell call again in next month.

 

I don’t depend more than 2 hours in a week. Because I already have list of stocks for long term. Just I have to check whichever have high IV.

and always keep money to average if it goes down. Otherwise you have to wait until , it’s comeback in your avg range.

[macha]

58 minutes ago, maramanishi99 said:

Layman here … what is IV ? 

Implied volatility 

[accuman]

1 hour ago, maramanishi99 said:

Layman here … what is IV ? 

Some people expects stock falls and

others expects stock price raises. As per it option sellers/buyers or stock shortens/buyers either be in short side or longside.  The fight size between them is the kind of IV.

[accuman]

7 hours ago, Be_happy said:

Bro, how do you identify the stock that you sell a covered call. I am seriously considering covered calls and want to know if it is better than investing in long term growth stocks.

i can spend a maximum of 30 mins during trading hours everyday. 

First he is ready to lose money proportionate to stock price or has more money to avg when stock price falls. Are you ready?

[KrishnaDevaRaya]

ltt

[Be_happy]

On 7/5/2021 at 8:08 AM, JUST444FUN said:

I have list of my long term stocks and in that which ever have high implied volatility will give more premium. for suppose I pick the stocks which giving 15-20% premium per month . 
 

ex: wish july 30 12$ sell call gives 175$. Premium . So Monday morning I buy 500 WISH and sell 12 call immediately.get 875$ premium.

if it goes down in this month. average and sell call again in next month.

 

I don’t depend more than 2 hours in a week. Because I already have list of stocks for long term. Just I have to check whichever have high IV.

and always keep money to average if it goes down. Otherwise you have to wait until , it’s comeback in your avg range.

Great Bro. So IV is what i should look for on a good long term stock. Thank you

[Be_happy]

On 7/5/2021 at 8:55 AM, accuman said:

First he is ready to lose money proportionate to stock price or has more money to avg when stock price falls. Are you ready?

Yes. The whole idea of covered call is worth it as it collects premium on long term stocks.

[Be_happy]

@JUST444FUN bro, I am currently planning to buy SOFI in 16's. Is it a good idea to sell a PUT instead of directly buying the stock? Do you see any downside with that as i am ready to buy the stock at this price anyways.