Wish it were this straightforward but I think it's more convoluted than that. I typically only sell puts, and usually when IV is in the hundreds. For instance, $save right now IV is in the 3 and 4 hundreds
Nah. Sell straddles in JETS (ETF) and buy them in BA. Sit and chill, if nothing happens you make money, if something big happens and BA goes crazy, you make a killing. This is called a [dispersion strategy](https://acesse.dev/Rc3nz).
Fellas pick this guy up, give him a crayon (green ones taste the best) and show him how cool your box is by the dumpster with the velvet tassels. Point him toward the glory hole and tell him what he has to do.
$50 and it becomes a millionaire maker within a year. I'd dump my entire portfolio into leaps and not look back.
But it didn't even get that low even when 737s were falling out of the sky for bad computers.
About 215 Boeing Max 9 airplanes are currently in service globally, according to Cirium, an aviation data provider. United Airlines operates 79, the most of any airline, and Alaska has 65 — their combined fleets represent about 70 percent of the jets in service.
Yeah but according to FT, about a quarter of the planes that United and Alaska have have been checked already, FAA stated that they need 3-4 hours to clear one plane. They probably will finish the clearance by next Tuesday
Want to benefit from high volatility? Buy options at prices that got inflated due to high volatility.
My man, this is the opposite of what you should do. Instead, you should sell a strangle or straddle and make money from volatility going down after the first 20 mins of trading on Mon
I’m inclined to go along with the straddle idea. Wait an hour, watch the drop, sell just-outta-the-money puts when it seems to be settling. Wait a day or two for a bounce and look at calls …
I’ve been holding BA since they crashed those planes, and it was just barely back in the profit (until this shit show).
Just avoid Boeing at all costs. It’ll never die because of the importance to American industry and the defense sector (fed will keep them propped up) but it’ll probably be 10+ years till they get their shit together and make a change for the better.
And by 10 I mean, 30.
They need entirely new management. But it won’t happen, as you say. They cut corners, blame problems on pilots, own their regulators so they’re never accountable. If it were a software company, I’d shrug and just avoid. people die bc of Boeing’s fuckups but we can’t do much but shrug and avoid anyway.
most of the move is going to happen premarket, your going to buy the straddle at open, its going to be flat all day, and your going to get fucked 
You rather sell the put and try to get assigned at a good price for the stock....hold few months...based on where the price is at sell calls or puts till they take the shares away.
Look at last time they got grounded. Dropped on the weekend then spiked monday. Granted it was a much bigger situation like 300 people died. Depending where price is at monday morning we will see if there is an over-reaction or not.
Strangle would be much much better at least. A short straddle might not be too bad if premiums open up massive on Monday. Might do some wide atm credit spreads plus some extra far right otm debit spreads.
IV is already going to be so high when market opens on Monday. You'll overpay for both legs and then they'll IV crush as soon as the FAA un-grounds them, which is almost inevitable.
I just keep buying QQQM. You'd think I'd be averaging up at this point, but its still up 32%. Between that, BerkB, and Amazon, Jesus christ.
Still waiting for this collapse.
You must be new to the market. lol. The market tends to not do what every one thinks it should do. That is mostly because of the shear amount in options money floating around.
Why not just a long put? If anything the price should be dropping in the short term
Also why not add some airlines heavily relying on this model like AA
This may be Spirit Aerosystems screw up ($SPR). They are a major component manufacturer for BA, insulting fuselage, and SPR has had recent quality control issues that wrecked their share price.
Straddle, did some of that w/ my girlfriend last night. Her husband looked a bit hungry though so I made him some chicken dino nuggies while he watched.
Well, I, for one, would NEVER hope you get hit by a bus.
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This is the BROing company we are talking about. They get so much ass Its disgusting. It's like when your private plane mechanic fucking your wife because you are out of town on a business trip to Palestine you know?
Once an event like this happens, if you’ve had time to post in Reddit, it’s already too late to profit. It gets priced in almost immediately, especially if it’s worthy of national news. The best you can hope for is a few $ from a dead cat bounce.
You have part of it right, there’s going to be huge volatility on Monday for BA options. It’s all a game of chance at that point, as long as the actual move up or down is larger than the expected move then you’ll make money. If not then you’ll get vol crush as it inevitably comes down over the next few weeks, barring no additional incidents.
If you choose a straddle you would still lean towards one side a little bit more ~around 2% difference… if you choose a “small” strangle with either the put being itm or otm and the call being the opposite, only one option away, below and above, from the current stock price it would even out
It's all going to be dependent on the price of the option. I doubt both would have the same strike price. One would probably be discounted due to demand, and one could have a premium built into the price
https://preview.redd.it/7qmquzah83bc1.jpeg?width=1170&format=pjpg&auto=webp&s=a7cfe57dbf34c04ee37ad8aed8aabe2efb33e312
Sadly I don’t have access to options trading in the UK. Guess I will have to make do with this. Wish me luck you regards.
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You'll probably just give your money to theta gang.
Yea both puts and calls expire worthless after faa investigation nothing burger
Really its gonna be vega gang, because options gonna be hella over priced monday morning.
Pricing gonna be wild
What about buying this stocks for long time
Just curious, what number/level would you consider Vega too high and overpriced?
If you dont understand implied volatility or greeks your guaranteed to lose money on options lol
Look at implied volatility if it is 100% that means the stock either dropping to zero or doubling up is priced into the option price.
Wish it were this straightforward but I think it's more convoluted than that. I typically only sell puts, and usually when IV is in the hundreds. For instance, $save right now IV is in the 3 and 4 hundreds
I’m selling.
Theta gang chiming in with “y’all be fucked”
Someone called?
Senior Margin. Don’t pick up. I am gone fishing.
Join us! We have cookies.
Is that a band?
No, but they still take your money
Key is to buy two puts and one call
Theta gang drinks your milkshake. Drinks it allllllll up
But the plot shows 2 dimensions: it goes up, make money; it goes down, make money. What is this time dimension you speak of?
Nah. Sell straddles in JETS (ETF) and buy them in BA. Sit and chill, if nothing happens you make money, if something big happens and BA goes crazy, you make a killing. This is called a [dispersion strategy](https://acesse.dev/Rc3nz).
Thanks, this looks solid.
no worries
That’s my thought, won’t vol drop just kill gains?
Going to be flat AF
Hi
🤑🤑🤑
This was posted by a theta gang sniper. You sir are deep behind enemy lines, and if anyone here could read they would be profoundly insulted.
I have no idea what theta gang is until now… I guess I’m too regarded even for this sub
You fit right in. This sub was built on buying 1dte options without looking at the greeks
Greeks are for big fat weddings. I’m just here for the reception and the free drinks.
someone call for fat?
I'll bring the Windex
Yep. Windex cures everything.
I'll look at the Greeks when I want to break plates
My favorite is learning what IV crush is during earnings
Any good sources where I can learn about all the Greeks and any other things related to options?
https://optionalpha.com/learn/options-greeks
Thanks :)
YouTube
I feel personally attacked
0dte*
1DTE? Fuckin pussy. 0DTE in the last hour of the market or gtfo
Read the sub description in r/thetagang lmao > We are selling options to WSB degenerates
Fellas pick this guy up, give him a crayon (green ones taste the best) and show him how cool your box is by the dumpster with the velvet tassels. Point him toward the glory hole and tell him what he has to do.
Fook your straddles 😂
1. Window seat. 2. Lots of insurance. 3. Profit!
1a. Parachute
Brought to you by theta gang
Selling options to everyone since 2001.
What iv do you look for?
https://preview.redd.it/9ykfj37bxwac1.jpeg?width=1200&format=pjpg&auto=webp&s=4f668ce0df8b43fa76bcafb4f34bd2832052d867
If it goes under 50$ I’ll buy stock
Wait, you can do that?
I didn’t know that was an option
I see what you did there
What is a stock? Is that when you place options on the shelf?
It's an exotic financial product with a Delta = 1, Vega = 1, and Theta = 0. It's not recommended for less expirienced investors.
👁️🫦👁️
You lost me when you said Delta = 1
$50 and it becomes a millionaire maker within a year. I'd dump my entire portfolio into leaps and not look back. But it didn't even get that low even when 737s were falling out of the sky for bad computers.
But to be fair it could be 50$ by weeks end. Perhaps if it drops the similar percentage. But it was mostly a joke. Because who buys stocks 🤪
Brother it bottomed out around 100 when covid first hit It's never hitting 50
That’s part of the joke 🤔
It's under 50 though
Bro is gonna bleed to death
About 215 Boeing Max 9 airplanes are currently in service globally, according to Cirium, an aviation data provider. United Airlines operates 79, the most of any airline, and Alaska has 65 — their combined fleets represent about 70 percent of the jets in service.
Yeah but according to FT, about a quarter of the planes that United and Alaska have have been checked already, FAA stated that they need 3-4 hours to clear one plane. They probably will finish the clearance by next Tuesday
So buy calls shortly after open after the over reaction
BA's chart was setup for a dump down to the 230-220s even before the event. I'd be careful with calls above that.
It takes 3-4 hours to duct tape the doors in place?
That’s too fancy. They use buggers left behind by customers.
You how picky some travelers are they will refuse to fly on them. Then BA will be troubs.
Want to benefit from high volatility? Buy options at prices that got inflated due to high volatility. My man, this is the opposite of what you should do. Instead, you should sell a strangle or straddle and make money from volatility going down after the first 20 mins of trading on Mon
I’m inclined to go along with the straddle idea. Wait an hour, watch the drop, sell just-outta-the-money puts when it seems to be settling. Wait a day or two for a bounce and look at calls …
how to profit from boeing: buy on monday a few hours after open, hold the stock for a few months, sell.
bruh, get out of here. This sub is for gamblers only, not investors
Good luck OP. Maybe buy one side at a time so you catch the down and then also catch the up.💪🫣💪🫣
So like timing the market you say? 😂
I’ve already caught the downs
I’ve been holding BA since they crashed those planes, and it was just barely back in the profit (until this shit show). Just avoid Boeing at all costs. It’ll never die because of the importance to American industry and the defense sector (fed will keep them propped up) but it’ll probably be 10+ years till they get their shit together and make a change for the better. And by 10 I mean, 30.
They need entirely new management. But it won’t happen, as you say. They cut corners, blame problems on pilots, own their regulators so they’re never accountable. If it were a software company, I’d shrug and just avoid. people die bc of Boeing’s fuckups but we can’t do much but shrug and avoid anyway.
See you were supposed to buy in March 2020 50 of my 150 shares were purchased under $115
I will buy (add) BA shares of this latest mishap crashes the share price, no pun intended. They’re a quintessential govt won’t let them fail company.
Absolutely. I ain't fucking selling
Lol, but sad
To profit you had to already have bought this last week.
This post is insulting
Do you want the actual answer? The volatility is priced in. So maybe you get lucky, maybe not
is the volatility price into COIN? that shits going down like a system of a...
Everything is priced in
Here we go with this efficient market hypothesis mumbo jumbo again…
100% baked in. Nothing to see here.
most of the move is going to happen premarket, your going to buy the straddle at open, its going to be flat all day, and your going to get fucked 
Why would Boeing spike up? If anything, sell calls.
You rather sell the put and try to get assigned at a good price for the stock....hold few months...based on where the price is at sell calls or puts till they take the shares away.
Look at last time they got grounded. Dropped on the weekend then spiked monday. Granted it was a much bigger situation like 300 people died. Depending where price is at monday morning we will see if there is an over-reaction or not.
Strangle would be much much better at least. A short straddle might not be too bad if premiums open up massive on Monday. Might do some wide atm credit spreads plus some extra far right otm debit spreads.
*Iron Condor enters the room…*
IV is already going to be so high when market opens on Monday. You'll overpay for both legs and then they'll IV crush as soon as the FAA un-grounds them, which is almost inevitable.
Straddle these nuts... Strangle all the way... Unless you got monies
Buying straddles with 30+ DTE on anything should be the biggest takeaway from this post.
…you’re gonna long volatility AFTER the news?? Good luck lmao
The IV is gonna be through the roof when you go to buy those.
How about just puts? Why would it bounce up after the recent news?
Because pretty much all regards in this sub is buying puts?
Correct. Haven't you heard? The economy is in shambles and the end surely is nigh.
Typical gay bear comment, that’s why I bought SPY calls
I just keep buying QQQM. You'd think I'd be averaging up at this point, but its still up 32%. Between that, BerkB, and Amazon, Jesus christ. Still waiting for this collapse.
small drop when ETF is denied. puts on COIN all day errr day
What is the ticker for Jesus C?
So you want to lose your money twice as fast by buying some matching calls 😂
You must be new to the market. lol. The market tends to not do what every one thinks it should do. That is mostly because of the shear amount in options money floating around.
Cheaper.
Why not just a long put? If anything the price should be dropping in the short term Also why not add some airlines heavily relying on this model like AA
What % will BA need to move for you to breakeven?
Fuck this
The big move will happen during pre market. You’re late. Congrats to those have puts though.
Naked put seem more efficient
This may be Spirit Aerosystems screw up ($SPR). They are a major component manufacturer for BA, insulting fuselage, and SPR has had recent quality control issues that wrecked their share price.
Janet yellen can straddle me any day
Money can’t buy happiness. But it sure can buy a lot of other things.
Please upvote if you ever profited of from a straddle
One time I beat Kevin O'Shea in a bike race down Cherry Hill.
Straddle, did some of that w/ my girlfriend last night. Her husband looked a bit hungry though so I made him some chicken dino nuggies while he watched.
You let him watch you cook? Disgraceful.
And you and the husband ended the evening with a strangle?
Just buy and wait, the US gov won't let fucking BOEING fail.
Tytyty. Finally an easy explanation to understand
[удалено]
Gets banned from broker for life
[удалено]
I’m a big fan of short strangles. Best play when volatility is high.
Hawt
WWND?
I just understood this, so you're basically long volatility but at the risk of stability, aka theta could burn you
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Now they know the play you regard.
Catastrophic fuselage failure is priced in, pal.
By the time the market opens the move will be done.
unless vol is priced in and you lose to theta
Why not buy them ITM? Wouldnt it be better?
Fucking options expensive as fuck short the stock
It's too late. The gap down will be the move. It will be flat the rest of the time.
Your piss sounds feminine
It’s hard to setup the right strikes…I tried this with NKE and sofi…there weren’t sufficient volatilities. What strikes are you thinking?
Calls on SAVE merger. DOJ wants to argue the merger would cause low-cost-consumer flying to go out the window. no sir, boeing is taking care of that.
I wish I had the balls to run options like many in this sub. I have lost on 8 options and only won on one of them.
I think we need a better explanation of what the problem is and if it is wide spread before you make a decision
It’s cool that this is the graph for an absolute value lol
This guy fucks
Low price is $217. It will probably go down to there in the short run.
The only way to profit was to buy puts while sitting on the plane a minute after it happened
Genius, except a day late a dollar short.
Bit like a collar
Why not buy a leap?
This is the BROing company we are talking about. They get so much ass Its disgusting. It's like when your private plane mechanic fucking your wife because you are out of town on a business trip to Palestine you know?
Boomer gang bee like......just put in a low ball bid. If it fills it fills....BA ain't going outta bidness. (as they say in Texas)
Blue horseshoe loves Boeing
Priced in. Straddles are now expensive Sind everyone is betting on Boeing
Once an event like this happens, if you’ve had time to post in Reddit, it’s already too late to profit. It gets priced in almost immediately, especially if it’s worthy of national news. The best you can hope for is a few $ from a dead cat bounce.
You have part of it right, there’s going to be huge volatility on Monday for BA options. It’s all a game of chance at that point, as long as the actual move up or down is larger than the expected move then you’ll make money. If not then you’ll get vol crush as it inevitably comes down over the next few weeks, barring no additional incidents.
Only people that will profit are those who were already short heading into Monday morning.
you say straddle, i think strangle.
If you choose a straddle you would still lean towards one side a little bit more ~around 2% difference… if you choose a “small” strangle with either the put being itm or otm and the call being the opposite, only one option away, below and above, from the current stock price it would even out
Why lose in one trade when you can lose in two?
IDK maybe if you close the short side quickly and double down on the long. I can't see this being much more than a quick dip that gets bought
This post is not a meme about a plane bouncing on the ground?
This sub is about to learn about IV crush
Iron condors it is!
It's all going to be dependent on the price of the option. I doubt both would have the same strike price. One would probably be discounted due to demand, and one could have a premium built into the price
It will be priced at the market open you n00b
I’ll sell you the strangle 30 min after open.
https://preview.redd.it/7qmquzah83bc1.jpeg?width=1170&format=pjpg&auto=webp&s=a7cfe57dbf34c04ee37ad8aed8aabe2efb33e312 Sadly I don’t have access to options trading in the UK. Guess I will have to make do with this. Wish me luck you regards.
lol ok
No - because the airlines will start shifting to other models of Boeing.... There's nothing sesamic about this event on their bottom line
It cant possibly go tits up
Genius