Ostdeutsche Trialmeisterschaft Eure Seite für den ...
OTM Metallwaren GmbH
OTM Wismar - Home
A Subreddit About The Media
This is a subreddit for discussions about the WNYC podcast On The Media. This subreddit is also for meta discussions about the media in general and is not limited to just American media but media all over the world and how they cover the issues of the day and how it helps to shape the world around us.
Here's 12 of the cheapest 2022 LEAPS around 95% OTM, with premium <0.2% of strike.
A month ago I posted about the highest ATM monthly put premium options. That might be cool but they are too expensive to bet on, or for theta gang, you'd want to be sure the company exists in 5 years. Here's 12 of the cheapest Jan 2022 Call LEAPS that's around 95% OTM.
Ticker
Stock Price
Strike
Bid
Ask
PctOptionStrike
% OTM
Vol
BAC
$25.3
$50C
$0.2
$0.21
0.4%
97.6%
135
JPM
$101.02
$195C
$0.72
$0.86
0.39%
93.0%
108
TAK
$17.82
$35C
$0.05
$0.15
0.29%
96.4%
46
CSCO
$39.85
$75P
$0.16
$0.18
0.23%
88.2%
30
GILD
$63.78
$120C
$0.51
$0.61
0.48%
88.2%
25
CME
$169.35
$330C
$0
$0.4
0.12%
94.9%
24
EPD
$17.04
$32C
$0.03
$0.17
0.25%
96.0%
21
HAS
$89.21
$170C
$0.81
$0.94
0.46%
90.5%
18
AFL
$38.16
$75C
$0
$0.25
0.13%
96.6%
15
CVX
$74.07
$140C
$0.13
$0.8
0.35%
89.0%
12
USB
$39.08
$75C
$0.25
$0.44
0.27%
91.9%
11
AXP
$106.22
$200C
$0.8
$1.09
0.5%
88.29%
5
Imagine you're wheeling a promising stock. There's always a chance the stock blows up 40% in a month (happened to me with LTHM), and it might never drop back to the range where you were wheeling before. Here's where these cheap LEAPS come in. At such low prices of 0.2% - 0.5% of strike price, a weekly 0.3-0.4 delta covered call or short put typically pays for one of these 90% OTM Call LEAPS with change to spare, and these are valid for another 15 months. These options are found using FDscanner (disclaimer I built it), with the scanner parameters - Expiry Jan 2022 - % OTM: 85% - 99% - Option Price/Strike Price: 0-0.5% - Calls only These LEAPS will give you the peace of mind that some upside is captured even on extreme upward movement. You could also set the scanner to find less OTM calls eg (45%-55%) at a higher cost, or find companies with cheap 50% OTM puts. Or increase the Option Price/Strike to a larger range (eg 0-2%) to find more companies. Dozens more companies fit the criteria: BUD, KRE, BUD, T, MPLX, SCHW, though their option volume is just 1 - 5 for Friday. Possible the number might break 3 digits but is not captured on the scanner due to them having 0 volume for that day. Alternatively, try to think of positive black swans for companies in the list. Eg a company trading at deep value, or is at cyclical lows, upcoming major product launches, pharma companies, etc.
Here's 12 of the cheapest 2022 LEAPS around 95% OTM, with premium <0.2% of strike.
A month ago I posted about the highest ATM monthly put premium options. That might be cool but most of us here want to wheel a company that is sure to exist in 5 years. Here's 12 of the cheapest Jan 2022 Call LEAPS that's around 95% OTM.
Ticker
Stock Price
Strike
Bid
Ask
PctOptionStrike
% OTM
Vol
BAC
$25.3
$50C
$0.2
$0.21
0.4%
97.6%
135
JPM
$101.02
$195C
$0.72
$0.86
0.39%
93.0%
108
TAK
$17.82
$35C
$0.05
$0.15
0.29%
96.4%
46
CSCO
$39.85
$75P
$0.16
$0.18
0.23%
88.2%
30
GILD
$63.78
$120C
$0.51
$0.61
0.48%
88.2%
25
CME
$169.35
$330C
$0
$0.4
0.12%
94.9%
24
EPD
$17.04
$32C
$0.03
$0.17
0.25%
96.0%
21
HAS
$89.21
$170C
$0.81
$0.94
0.46%
90.5%
18
AFL
$38.16
$75C
$0
$0.25
0.13%
96.6%
15
CVX
$74.07
$140C
$0.13
$0.8
0.35%
89.0%
12
USB
$39.08
$75C
$0.25
$0.44
0.27%
91.9%
11
AXP
$106.22
$200C
$0.8
$1.09
0.5%
88.29%
5
Imagine you're wheeling a promising stock. There's always a chance the stock blows up 40% in a month (happened to me with LTHM), and it might never drop back to the range where you were wheeling before. Here's where these cheap LEAPS come in. At such low prices of 0.2% - 0.5% of strike price, a weekly 0.3-0.4 delta covered call or short put typically pays for one of these 90% OTM Call LEAPS with change to spare, and these are valid for another 15 months. These options are found using FDscanner (disclaimer I built it), with the scanner parameters - Expiry Jan 2022 - % OTM: 85% - 99% - Option Price/Strike Price: 0-0.5% - Calls only These LEAPS will give you the peace of mind that some upside is captured even on extreme upward movement. You could also set the scanner to find less OTM calls eg (45%-55%) at a higher cost, or find companies with cheap 50% OTM puts. Or increase the Option Price/Strike to a larger range (eg 0-2%) to find more companies. Dozens more companies fit the criteria: BUD, KRE, BUD, T, MPLX, SCHW, though their option volume is just 1 - 5 for Friday. Possible the number might break 3 digits but is not captured on the scanner due to them having 0 volume for that day. In general if you think a stock is trading at deep value, or is at cyclical lows and wish to wheel it, it's worth looking into jan 2022 option chain. It's also worth looking at these leaps on its own, especially if they're in industries that can have positive black swans like pharma (eg GILD) or oil.
Last post about this whole situation. OTM saying they got “new millionaire smoke” talking about Von. At the end your head him say “Where them O Block niggas a?” Shot crazy man
MSFT has been see sawing all week, testing the lower leg of my strangle, so I decided to get out while the getting is good. Opened 30x 212.5p for $1.11, closed at $0.37, 67% max profit. Opened 30x 220c for $0.71, closed at $0.09, 87% max profit. I know, I know, “weeklies are too much like gambling”, but I’m fine with that, especially getting assigned on the short puts as I expect a good ER next week and will probably open another short put position Monday morning, but I’m happy to lock in my gains for the week. https://i.imgur.com/tNgGbli.jpg Also looking forward to a rebound on RKT for the 10k shares I’m carrying (ACB of $22.07 after wheeling for a few weeks).
Almost 400k profit on OTM AMZN Calls... Pray for me (and some DD)
Amazon has been one of the biggest gainers of the market this year. I have been ordering stuff on amazon for my wife's boyfriend since March. Investors are regarding it as a pandemic stock, making our boy Jeff extremely wealthy. Amazon’s shares have increased by over 100% so far this year as the pandemic boosted e-commerce sales. Last week I was reminded that tomorrow Tuesday is prime day which lead me to do some research. Since prime day started in 2015 the company has 5x its value. These online "holiday's" have become a big deal. Target announced its own ‘Deal Days’ during the same two-day period, while Walmart said it would feature Black Friday-like savings during its “Big Save Event,” which starts the evening of Oct. 11 and runs through Oct. 15. So i figured i would yolo on some amazon Calls. They are still OTM and theta is gonna reck me overnight if this doesn't open over 3500. Wish me luck! gains Edit: (To prove im not a complete tard) The play was to basically bet on one of the online holiday store Amazon has the best financials compared to WMT and TGT Inspiration Article I am going to take profit first thing in the morning tomorrow. I will take 25K of the profits and yolo on another 10/16 oTM option. Highest upvoted comment gets to pick where I yolo. Edit 2: AMZN almost at 3500 pre market !
Emergency fund in deep OTM SPY Put (aka. OP is an idiot, come roast him)
Alright, I just got my email from HSBC saying the HYSA interest rate is dropping to 0.3% (for my emergency fund). So I got to thinking, what's a better place to store that money, thats reasonably safe, but has a higher yield? OBVIOUSLY it's writing a deep OTM, 6 month+ to expiration, SPY put. SPY is at 334, 20% down would be a strike of 267, current premium there is $8.97 expiration 6/30/21. So that would be about 0.1%/week, or 5% SAGR, much preferable to the 0.3% I'm currently getting. (SAGR = simple annual growth rate = weekly interest rate * 52) Even a SPY 220p (33% down, the lowest strike available on RH) 6/30/21 is at $3.78, which is 3% SAGR. EVEN a VTI (share price 172) put of strike 135 (20% down) has a premium of $4, which is also 5% SAGR, but on a smaller amount of tied up capital. Please tell me how dumb this is. Just for the lulz. PLEASE :D (This would only be for about half my emergency fund. The other half is in a Golden Butterfly on M1, coasting along at about 6.5%. Recovered now, but it did drop 20% back in March)
I noticed most people like selling otm puts. Am I the only one who prefers atm puts? More premium and when your wrong that initial premium really helps buffer the pain when your put gets blown through on the downside. I'm sure I have to roll more often but I am OK with that. In the beginning of Sept I sold an atm put on aapl and an otm put in amd. I was in pain for most of September but was able to close both for a profit. I just noticed the pain on amd with it being otm was much greater. Any studies or input on this? Thanks guys.
Why shouldn't I yolo everything into 2-3 years out OTM airline/oil calls?
There are many many stocks that are hugely down cuz of Covid, I understand that maybe we will never go back to the past and the demands will be lower, but surely all of these stocks will go up right? What is your argument for not doing this? POSSIBLE POSITIONS: UAL - 21 Jan 2022 55c - $5.85 DIS - 21 Jan 2022 150c - $10.20 SWN - 20 Jan 2023 5c - $0.05
OTM calls goes ITM with lots of time left until expiration
I’ve had this happen a few times but don’t know what’s the best strategy. Once your OTM calls crosses over ITM with lots of time left until expiration (months) should you continue to hold it as the stock price increases? Or should you sell it and rebuy an OTM call with a higher strike? Obviously you are balancing risk and reward but what are the returns like in either scenario?
Is selling OTM monthly huge covered calls really as good as it sounds like?
Let's say I have 350k, buy 1000 SPY shares and sell every month 10 SPY covered call options that are pretty far OTM so that they pretty much will never get exercised. Is this really as lucrative and safe as I'm imagining it or am I missing something? From what i researched I should be able to collect roughly 5-8k in premiums every month selling them and since they are pretty far OTM. Am I missing something, hidden costs or risks or anything?
OTM; Videos Playlists; Community; Channels; About; Home Trending History Get YouTube Premium Get YouTube TV Best of YouTube Music Sports Gaming ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Exclusive WSHH music video for “O.T.M” (Out The Mud) by Pressa. Subscribe: http://bit.ly/subWSHH WSHH Snap Discover: http://bit.ly/worldstarsnap More exclu... We pulled up to october truck madness. It was a move!!! Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
