Didn't take any trades today. Slept in a bit, then spent the rest of the morning putting the Christmas tree up.
Least stressful morning of my week tbh.
#first
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#I don’t post here anymore
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#This has been a cashflow update
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#u/OPINION_IS_UNPOPULAR please pin
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#u/31andnotdone show 🅱️oobs
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#okay I think that covers everything
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#edit: oh
No wonder some of yous build your entire personality around 0dtes I just bought a quick one and its up 80%
Edit -10% now because i was clowning instead of selling
you will be forced to buy 100 shares. the best practice is usually selling the contract 40-60 days before to collect the money the theta would have destroyed. this way you will be able to not only buy the underlying asset but also earn a little more money.
it should work this way but i only know the theory, i've never traded options.
edit: but when you are deep in the money the theta is so small that owning your option contract basically equals owning 100 units of the underlying asset.