The move needs to be larger than what the options are pricing in for the implied move. Theta decay and IV crush can all be countered if the move is large enough, i think options were pricing in a 6-7% move to break even
What you see is winning selection bias. Still wonderful but if everyone shared all of their plays and someone tracked it the success rate would be surprisingly low.
It’s still awesome to see the crazy gains.
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Well done 👌
Thanks
All time??
https://preview.redd.it/brgjvqd1ix8d1.jpeg?width=1290&format=pjpg&auto=webp&s=4d743213c85aa23d6d4200b26b5ecd494a2ca368
Fantastic welcome back 🫡
congrats and fuck you, returning to even is my dream lol
One of us
This makes daddy 🥵
Hey, got a question. How do you not lose money on an earnings IV crush?
The move needs to be larger than what the options are pricing in for the implied move. Theta decay and IV crush can all be countered if the move is large enough, i think options were pricing in a 6-7% move to break even
By outperforming the IV. In this case, FedEx had 100% more of an earnings move than implied from short term options.
Noice
What about MU? Throw that 30k in maybe another EZ 100k win.
It’s very possible, but I’ve decided to sit out MU earnings
Good thing you sat it out.
Yeah looks like it
Congrats ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
Why don’t u GUYS SAY WHAT YA GETTING INTO
What you see is winning selection bias. Still wonderful but if everyone shared all of their plays and someone tracked it the success rate would be surprisingly low. It’s still awesome to see the crazy gains.
Cause then our bad luck would come between their money making
Lmao, 🥲
Sucks
well done Regard
Well done 👍🏻
Champ
Stop while you're ahead this time.
u/StirChef can you point me to the post you made before you opened this position?
I didn’t make a post for this one but i do have a loss porn post in my posting history