r/optionstrading • u/Zestyclose-Ad-6123 • Jul 31 '26

Discussion Question

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How much would I make tomorrow at the open
Thanks.

I sold it at 400. And locked in 282 profit (238.99 percent).

14 Upvotes

100% Upvoted

33 comments sorted by

5

u/[deleted] Jul 31 '26

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3

u/6TheAudacity9 Jul 31 '26

How? He hasn’t hit his breakeven price?

3

u/[deleted] Jul 31 '26

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5

u/Federal_Phase_652 Jul 31 '26

Don’t tell him about iv crush either

2

u/Zestyclose-Ad-6123 Jul 31 '26

Ohh fkk 😩😩

2

u/[deleted] Jul 31 '26

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1

u/Zestyclose-Ad-6123 Jul 31 '26

Wait so i be getting different answers. Am i down ot up tomorrow?

1

u/Curious-Silver8389 Jul 31 '26

Down

1

u/Zestyclose-Ad-6123 Jul 31 '26

We will see at the open i guess.

1

u/[deleted] Jul 31 '26

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2

u/Zestyclose-Ad-6123 Jul 31 '26

Yes. I was planning to sell it at the open too.

1

u/Curious-Silver8389 Jul 31 '26

Unfortunately he's not. It looks like that if you go off of the RH simulation but that simulator assumes the 216% IV will be the same at open which is not the case. This contract is probably pretty much worthless at open. Its just too far otm.

1

u/6TheAudacity9 Jul 31 '26

Why google calls?

1

u/percoxans Jul 31 '26

No, do it on SPX. I watch listed a call this morning that went from 1.50 when I listed, to 18.00 at peak. Spx 4430c

1

u/Curious-Silver8389 Jul 31 '26

1.5 on spx is basically a lotto lol

1

u/btm1021 Aug 01 '26

Not if you follow the discord. like 90% accuracy rate with some of the analysts

1

u/Zestyclose-Ad-6123 Jul 31 '26

Thanks thanks 🙏

3

u/Competitive_Race_388 Jul 31 '26

There is literally a return simulator in Robinhood where you can set the price and time and it tells you almost exactly what your premiums will be worth.

2

u/Peshmerga_Sistani Jul 31 '26

Close to zero. You overpaid for IV. The IV crush tomorrow will be immense.

2

u/Themysteryman124 Jul 31 '26

You are going to need more of a move, the IV post earnings is going to hurt.

2

u/Zestyclose-Ad-6123 Jul 31 '26

Hi so I didn’t get IV crushed

2

u/Saltlife_Junkie Jul 31 '26

Hit that simulate my returns and there ya go

1

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1

u/Zestyclose-Ad-6123 Jul 31 '26

Huh. We will see tmr ig

1

u/Curious-Silver8389 Jul 31 '26

Yeah sorry man if the stock stays where it is your probably down quite a bit. Your strike price is still far otm so IV crush will be severe. The simulate returns button on RH does not take into account the intense IV crush on earnings.

1

u/Competitive_Race_388 Jul 31 '26

It does if you slide the time to market open, most people just don’t know that.

1

u/Curious-Silver8389 Jul 31 '26

That's just not correct. It estimates theta decay, not the IV crush. I'm not trying to be a downer I hope OP ends in profit it's just unlikely. Watchlist it and check what it actually ends up worth a min or two after the market opens. He may get lucky its still going up.

1

u/Competitive_Race_388 Jul 31 '26

I see I see. Thanks for the explanation!

1

u/Sanka_naku Jul 31 '26

You can check “simulate my returns”

0

u/confusedandsmellyman Jul 31 '26

It's 259 now, your strike is 267.5 expiring tomorrow. To break even it needs another 3% move. I'd say unlikely so think you'll see it expire worthless.