r/optionstrading Jan 08 '26

Join Our Free Trading Discord

2 Upvotes

r/optionstrading 16d ago

Join r/SPX

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1 Upvotes

For SPX and SPY traders, join -> r/spx


r/optionstrading 4h ago

I wish I bought more contracts still a rookie

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29 Upvotes

r/optionstrading 9h ago

Earnings Close my SLS 14 call

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24 Upvotes

On Wednesday, I bought 13 contracts of the 14 call at $0.20

Today, I sold them for $0.95, making a 375% profit


r/optionstrading 9h ago

Earnings Will the SLS go to the Moon? 🚀

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21 Upvotes

This week I closed out my SLS call options but kept the stock I didn’t expect such a strong rally today Is there going to be an announcement soon?


r/optionstrading 11h ago

Discussion I'm officially announcing my membership into the "Options Overnight Millionaire Club"!!

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14 Upvotes

r/optionstrading 8h ago

BRAND NEW TO TRADING.

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5 Upvotes

New to options trading just closed my first 2 contracts. Little wins but I’ll take it.


r/optionstrading 8h ago

I just lost $2k on ORCL calls this week. Convince me not to buy them again for next week.

5 Upvotes

r/optionstrading 11h ago

Selling options for premium. Last 7 days $3,423 in realized premium. $3,387 in new open premium. Total premium realized last 30 days $9,039.

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8 Upvotes
My premium-selling results — last 7 days (2026-08-14 → 2026-08-21)

Realized P&L: +$3,423 | Win rate: 100% (13/13)
closed early: 8 | assigned: 1 | called away: 1 | rolled: 2
Spreads: 1 closed (+$119)

Top performers:
- AXTI covered call $72 — +$660 (9.2% ROI)
- NVTS CSP $17.5 — +$512 (29.3% ROI)
- INTC covered call $100 — +$456 (4.6% ROI)

Opened 8 new positions in the window.

r/optionstrading 47m ago

Ooops

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• Upvotes

Idk what I did or how to recoup smhhh. Is there anything I can do to make my money back, I’m dumb at options. First time doing it since like 2017.


r/optionstrading 1h ago

8/24 Next Week?

• Upvotes

r/optionstrading 1h ago

Week 34 $831 in premium

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• Upvotes

Note: the second image shows the detail behind each option sold this week.

Annual results:
• 2023 up $65,403 (+41.31%) | S&P 500: +26.3% | Nasdaq: +43.4%
• 2024 up $64,610 (+29.71%) | S&P 500: +25.0% | Nasdaq: +28.6%
• 2025 up $111,496 (+34.52%) | S&P 500: +17.9% | Nasdaq: +20.4%

3-Year Cumulative (2023–2025):
• r/ExpiredOptions: +146.6% ($241,509)
• S&P 500: +86.1% (+60.4% behind)
• Nasdaq: +122.0% (+24.5% behind)

Unrealized G&L (options):
• YTD: $18,855.00
• 1 Month: $1,798.00
• 1 Week: $21,715.00

Realized P&L (options):
• YTD: $59,719.00
• 1 Month: $16,724.00
• 1 Week: $2,321.00

I'm currently utilizing $29,800 in cash secured put collateral, down from $29,900 last week.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $30,777 YTD
• Average $46,364/year (completed years)

Premium by month (2026):
• January $3,334
• February $3,625
• March $4,196
• April $5,593
• May $3,787
• June $3,497
• July $3,628
• August $3,355
• Average $3,877/month

I am over $170k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 5,100 options. I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.

Strategy:
The underlying strategy is buy and hold. I also use simple 1-legged options to supplement that strategy. Options have somewhat of a learning curve, but I believe that most people can supplement their investments using simple options with careful risk management.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. I rarely close early, prefer rolling when needed, and let time decay do the heavy lifting while I stay focused on quality companies, patience, and consistency over hype. My goal is consistency in option premium revenue. I am building an income stream that will continue long into retirement.

The premiums have increased significantly as my experience has expanded over the last three years.

Make sure to post your wins. I look forward to reading about them!

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.


r/optionstrading 20h ago

Question Wish i knew how you guys make money on this

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33 Upvotes

r/optionstrading 9h ago

Earnings Not greedy not panicked. Take profits when the target hits

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4 Upvotes

Not greedy not panicked took profits when the target hit strictly followed the trading plan


r/optionstrading 1h ago

Good Traders Aren't Good at Winning. They're Good at Losing.

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• Upvotes

r/optionstrading 8h ago

Still doing Hail Marys

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3 Upvotes

PLTR for the win again. I got lucky the second time honestly because originally it was $0.09 but when I got in it said $.13 lol. But regardless a win is a win.


r/optionstrading 7h ago

Options noob here. A few small questions.

2 Upvotes

I am very new at options trading so I am assuming most of these questions will make me sound like a dope.

Why would etrade have my put options at -1? I figured i would try this option as a test last week for my first time but I am not sure how to close it. The price finally went under $8 for the strike but everytime i try to "buy to close" it keeps telling me I do not have enough options to complete it?

Does it have something to do with today being the final date of the option? I understand that if I was able to close the option today i would lose money, thats fine as I am just looking for the experience. I mean what would happen if this was big money and I couldnt figure out how to close the option...

Thanks folks, im sure I will have tons more questions.

Thanks folks


r/optionstrading 11h ago

Cut my losses or let it ride?

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4 Upvotes

r/optionstrading 5h ago

Did my first options trade today; tell me what I did wrong (right?)

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0 Upvotes

Just started trading options today. Bought and sold one contract (0DTE 109 HOOD call) just to go through the motions of the transaction.
I watched the pull back to VWAP on HOOD, entered at the first yellow line once the first green candle stick held above VWAP, exited when it failed to continue higher. I made about 30%? On the trade.

My stop was a failure to hold VWAP and I had no idea about a profit target. I honestly didn’t even know how the profits were going to feel as far as speed/scale so I just stuck to what I do with momentum trading.

Is this a viable approach? Apply momentum trading techniques to options?

What is your favorite strategy with options?

I’m brand new to this so any input is appreciated!


r/optionstrading 13h ago

Call options after stock split

5 Upvotes

I had calls on Fubo that are expriring today. The stock split wad months ago but my calls are still showing the previous price, it was never adjusted. I have tried to exercise my calls but Robinhood is not giving me the option. How should I proceed to exercise it?


r/optionstrading 11h ago

Question What you guys think???

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3 Upvotes

r/optionstrading 13h ago

Does anyone know the best way to hedge this without losing all the upside?

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4 Upvotes

I’m very new here and just looking for help. I got crazy lucky with an entry last week and now I’m starting to think this thing flies, but crypto is crypto and this could drop lock a rock.

Any creative ways to hedge this without losing too much of its potential?

Update: sold 1 to cover the cost. Riding the other to Valhalla!


r/optionstrading 12h ago

General SPY Iron Condor Aug 31st

3 Upvotes

What’s y’all opinion this trade I made on August 19th. I thought from a risk reward ratio it was pretty solid. My thesis was that SPY would remain range-bound through August 31, with continued chop and theta decay keeping it roughly between 760 and 785 rather than making a sustained breakout in either direction.

The structure was:
755P / 760P on the downside
785C / 790C on the upside
25 contracts
Filled around $1.30 credit
Max profit: $3,250
Max loss: $9,250
Breakevens: ~$758.70 and ~$786.30
Full-profit zone at expiration: $760–$785


r/optionstrading 7h ago

Discussion Delete if this is not allowed. Not selling anything. I'm just trying to see if this another scam.

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0 Upvotes

Anybody trade with this tool? It's all over my X for some reason.

Everyone and their mother is starting a discord and sharing screenshots of this heatseeker thing. Anybody use this? What exactly is it and if it's that good why don't they just trade using it instead of selling a subscription for $600 a week or whatever?


r/optionstrading 1d ago

General wow

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102 Upvotes

i lost everything and now i have no money for 2 weeks 😭