BTO
John Hancock Financial Opportunities Fund
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Read some articles about new CDOs are common and popular (BTO)
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OFFICIAL WKHS weekly YOLO🦍 60% SI💥 SQUEEZE BEGAN JUNE 2nd 2021 & WILL CONTINUE UNTIL EVERY F’N SHORT HAS BEEN SQUOZE🚀🌑🦍 STARTING WITH THESE BTO- WKHS 15 Calls Exp- 6/25 Prem- $.58 SL-30%
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Bull Credit Spread cheaper next month than this month? I can roll the whole spread for a credit?
Follow up to my long strangle hypothetical post from yesterday; here is my real world example.
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BTO MOS 6/18 $1.29 yesterday. But total value today @$1.34 was down??
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put credit spread at peak early day vix - STO qqq 590 BTO 580 ... was a $2 and change credit, closed when back at 605. Then open the call credit spread side while selling the put side.
one of the easier puts reload. think i'm done for the day... 6860p BTO 2.8 avg STC 7.4 avg i think i should have went with 6870p as they would have been an "easier" hold
He didn’t enter the order correctly. He created another debit spread shorting the exact same option he was already long. Only beginners use terms like BTO/BTC, the rest of us know you can’t short options you are already long…it just closes the trade. It’s not the first platforms fault he structured the trade wrong, yes the trade platform could have been more verbose, but the fact remains he shouldn’t have structured the second trade that way.
OP wanted to buy another debit spread and entered the order correctly (BTO/STO). The platform changed the STO leg to STC and the order was filled. If the platform had functioned correctly and rejected the order, OP would have picked a different strike. Wouldn’t you?
f the order originates from the option chain, TOS will auto-fill a two-legged order as an opening order with STO/BTO, but I could manually change the order type for each leg. If the order originates from the position, then TOS will treat it as a closing order and auto-fill with BTC/STC.
OP's order was to BTO 190 and STO 210 but he already is long the 210 - he can only STC the 210. TOS will reject the order but the rejection pop up is short-lived and the ticket remains open. If the order is re-submitted, TOS will auto-correct the STO to a STC. (Note the AUTO in the trade ticket means auto-correct.)
Your first trade is BTO 210 and STO 230. Your second trade is BTO 190 and STC 210 (you thought it was STO). Your second trade closes the 210 so there is a realized loss. This is real. Sorry. Review your order before submitting.
It's never enough. In any case, I don't own the stocks, just options. So BTO, then STC when profit is at least 100%. Rinse and repeat until the music stops.
lol...did this as a flyer. **BTO** 20× MGNI 7.5C 1/15/27 at $6 **STO** \-20× MGNI 25C 1/15/27 at $1.10 Net cost: $9,800 Max profit: $25,200
Nope! RDDT drilled further… In the lower portion of the confidence band for the previous technical analysis. However, 170 just does not seem like a realistic strike for tomorrow. STC RDDT 2/6 170c @6.23; 9.93 -> 6.23; 33% loss BTO RDDT 2/6 160c @10.36
Nope! RDDT drilled further… In the lower portion of the confidence band for the previous technical analysis. However, 170 just does not seem like a realistic strike for tomorrow. STC RDDT 2/6 170c @6.23; 9.93 -> 6.23; 33% loss BTO RDDT 2/6 160c @10.36
BTO 1x RDDT 2/6 170c @9.93
BTO 1x RDDT 2/6 170c @9.93
A bird in the hand is worth two in the bush. STC the LEAPS and BTO an August 21, 2026 OTM call.
See my other comments, I have a BTO 2028 leaps call sitting in my HSA orders box (I only work csp in my HSA but for this conversation I placed a leaps call order to test it). It's not a Schwab limit. It's your personal authorizations or it's your insurance company placing the limits
BTO 10x spy 1/20 695c @0.49
BTO 10x spy 1/20 695c @0.49
BTO 2x tsla 1/23 445c @5.06
BTO 2x tsla 1/23 445c @5.06
BTO NFLX $75 1/2028 Calls. Probably getting 20-30 contracts and selling 7 DTE calls on half of the position.
When you STC (sell to close) your long silver options, you will neither pay additional nor receive premium. Profit or loss will be determined by the option’s value in relation to what you paid for it when you BTO (buy to open).
BTO 5x spy 1dte 690c @1.25
BTO 5x spy 1dte 690c @1.25
BTO 2x SPX 0dte 6940p @1.1
BTO 2x SPX 0dte 6940p @1.1
I BTO/STC options as day trades. Things I'd say that will stand you in good stead and will scale: At $1k you'll have to play a very specific game: Buy into momentum so you cover your fees at least. Wait for the dip, get in there, that's support, and from the moment you open a position get ready to sell it. It's predatory out there right now. Literally be ready to do a limit sell at your current price if it stalls before you hit 15-20%. Making 20% per trade accumulates fast, and the old days of every trade running 100%+ are long gone. If you make it to 20% and your trade is running but looks like it's going higher, stick a market stop in at say 20%, then track your trade and get ready to limit sell as it starts to slow. If you have more than one contract consider selling one at 20% profit so you've already banked some profit if it turns. If it's running and you're comfortable then let it run. You'll already know that once it stalls then premiums can deflate fast. You can take yourself out of the loop a little if watching for an exit point fries you by moving that stop up as the price rises. The big one with $1k: Don't take a loss, don't let it go negative. I see so many 'strategies' where people buy and sit there with contracts going -30% and more, on the notion that it'll turn around. Sometimes it does. Equally often these days it doesn't. The 20% market stop plus slippage should get you out positive or flat at worst. This market has been tired of late (tho they just turned the QE tap back on) and even though the macro trend is up the micro trend intraday isn't always, often quite the opposite. $1k means you don't have the luxury of enough capital to wait and find out. Once your trade goes negative you're a passenger. -10% comes up fast, and you don't get many goes at that. So better to get out without taking a loss and wait for the next opportunity than to hold into deep red on a hope. Finally...There's always another trade. Wait and be selective with what you pick. Good luck.
BTO 1x tsla 1/9 450c @4.94
BTO 1x tsla 1/9 450c @4.94
JPM new collar roll STO 7195C BTO 6515P STO 5495P
Yes. The main trick with BTO options is just figuring out what contracts are underpriced relative to what underlying names have a catalyst or consolidation break setup. I have at least a few trades a month go over +1,000%
BTO 1x RDDT 1/16 220c @21.42
BTO 1x RDDT 1/16 220c @21.42
BTO another SLV 1/2 68p @1.9; Holding 3x @ 2.1 avg cb
BTO another SLV 1/2 68p @1.9; Holding 3x @ 2.1 avg cb
BTO 2x SLV 1/2 68p @2.2
BTO 2x TSLA 1/2 480c @8.95 BTO 2x SLV 1/2 68p @2.2
BTO 2x TSLA 1/2 480c @8.95
I have accounts but if I want to BTO 100 shares and write a call option I am using Robinhood with no fees.
BTO 3x tsla 12/26 485c @3.04
BTO 3x tsla 12/26 485c @3.04
BTO 1x TSLA 12/26 485c @9.85
BTO 1x TSLA 12/26 485c @9.85
BTO 2x more TSLA 12/26 480c @8.58; Holding 5x @12.36 avg cb; BTO 2x more ORCL 12/26 195c @3.46; Holding 4x @3.75 avg CB I really like the GeV chart but I got a bunch of shares in the ROTH also so I’m not adding more to that yet
BTO 2x more TSLA 12/26 480c @8.58; Holding 5x @12.36 avg cb; BTO 2x more ORCL 12/26 195c @3.46; Holding 4x @3.75 avg CB I really like the GeV chart but I got a bunch of shares in the ROTH also so I’m not adding more to that yet
BTO 2x TSLA 12/26 480c @13.86 holding 3x @14.88 avg cb
BTO 2x TSLA 12/26 480c @13.86 holding 3x @14.88 avg cb
BTO 2x ORCL 12/26 195c @4.04
BTO 2x ORCL 12/26 195c @4.04
BTO 1x GEV 12/26 650c @16; BTO 1x GEV 1/23/26 655c @37.49
BTO 1x GEV 12/26 650c @16; BTO 1x GEV 1/23/26 655c @37.49
BTO 2x TSLA 12/19 470c @7.71; BTO 2x TsLA 12/26 470c @13.4
BTO 2x TSLA 12/19 470c @7.71; BTO 2x TsLA 12/26 470c @13.4
BTO 3x more SPX 0dte 6760c @7; Holding 5x @9 avg cb Still technically, a higher high and a higher low over the past 30 minutes. The next 30 minutes will be key.
BTO 3x more SPX 0dte 6760c @7; Holding 5x @9 avg cb Still technically, a higher high and a higher low over the past 30 minutes. The next 30 minutes will be key.
BTO 2x SPX 0dte 6760c @12
BTO 2x SPX 0dte 6760c @12
BTO 2x SPX 0dte 6750p @13.4
BTO 2x SPX 0dte 6750p @13.4
BTO 1x tsla 12/19 480p @5.75;
BTO 1x tsla 12/19 480p @5.75;
BTO 1x SPX 0dte 6805c @6.2
BTO 1x SPX 0dte 6805c @6.2
BTO 1x SPX 0dte 6820c @4.3 BTO 10x SPY 1dte 684c @93
BTO 1x SPX 0dte 6820c @4.3 BTO 10x SPY 1dte 684c @93
BTO 12/19 hated ticker $21.5 @ $0.29 x200 STC 12/19 hated ticker $21.5 / BTO 12/19 $22.5 for $0/60 cr x200 took 2x my initial money out in profit still have 200 contracts for the week on house money
I'll try to explain it but there's a lot of details you need to understand and I'm terrible at expanding my trades. In UW there's a section called Net Premium. Take a look to see if calls are greater than puts depending on if you're long or short. Switch to contract volume and look for large trades. It's easier for me spot in the energy sector since you don't see $500k directional trades often. Problem is you have to filter out spreads or hedges or complicated trades made by institutions. You have to understand the difference between the bid vs ask for both calls and puts or if it's BTO (buy to open) or STO (sell to open). Don't mean to dumb it down but these are just basics in options. Again, I'm terrible and explaining all this especially on reddit. Once you take on a trade following a whale then looking at volume and open interest can help you stay in a trade as well. There's still a lot of unpack but this is a start. I think UW has video tutorials as well
BTO 2x tsla 12/19 457.5c @11.35
BTO 2x tsla 12/19 457.5c @11.35
BTO another TSLA 12/19 452.5c @12.32; Holding 2 @11.27 avg cb
BTO another TSLA 12/19 452.5c @12.32; Holding 2 @11.27 avg cb
BTO 1x tsla 12/19 452.5c @10.22 Starting my new tsla position. Might add more closer to eod
BTO 1x tsla 12/19 452.5c @10.22 Starting my new tsla position. Might add more closer to eod
BTO 2 more SPX 0dte 6860c @0.95; last attempt to avg down Holding 5 @3.19
BTO 2 more SPX 0dte 6860c @0.95; last attempt to avg down Holding 5 @3.19
BTO 1 more SPX 0dte 6860c @2.05; Holding 3 @4.35 avg cb
BTO 1 more SPX 0dte 6860c @2.05; Holding 3 @4.35 avg cb
BTO 2x SPX 0dte 6860c @5.5
BTO 2x SPX 0dte 6860c @5.5
BTO 1x TSLA 12/19 440c @14.91; BTO 1x TSLA 12/19 450c @9.79
BTO 1x TSLA 12/19 440c @14.91; BTO 1x TSLA 12/19 450c @9.79
BTO 3x NFLX 12/12 93c @1.3 BTO 3x NFLX 1/23/26 93c @6.14
BTO 3x NFLX 12/12 93c @1.3 BTO 3x NFLX 1/23/26 93c @6.14
copy - I see the chain now. here's what happened: T1. You BTO (12) @ 31.85 \> Debit: $38,220 (this comes out of your cash and sweep, no change to net liq) T1b. STC for 29.30 \> Credit: $35,160 \> Net PnL = $35,160 - $38,220 = -$3,060 (your net liq decreased by this amount - your cash and sweep will have financed the loss) T2. BTO (12) @ 23.6 \> Debit. $28,320 In total, you realized a loss of $3060 and have an open trade right now that you paid a debit of $28,320. You need to close this new trade for at least 26.15 in order to break even (this is to cover the -$3,060 realized loss).
Long Call? that means you BTO , i don't believe you can roll for credit, or not easily. Rolling for credit is a STO strategy. Any long call would have been ITM. How were you down? Your verbiage is somewhat confusing. Im guessing you sold a Covered call, yes? In which case your daily PNL will reflect the loss of the original sold position (STO), the roll credit ($6900) will reflect on the account balance not the PNL. Hope that helps.
STC 12 @ $29.30 BTO 12 @ $23.60 Total balance decreased from $40,900 and change to $40,770 now $40,342 because GLD dipped at the end. CB on the new contracts is $28,327 and cash increased by $6,824 and the available to trade is the full cash balance of $12,382. I think where I am confused is when I saw a credit I assumed I was realizing a $2,900 loss, being credited $6824 and was expecting to see a total balance of $44,824 reflecting the difference.
can you give me the line by line trades? \- BTO (12) 361C @ X.XX \- STC @ X.XX \- BTO (XX) @ X.XX
BTO 10 more SMCI 12/12 35.5c @0.41 Holding 40 @0.63 avg cb
BTO 10 more SMCI 12/12 35.5c @0.41 Holding 40 @0.63 avg cb
First of all can you disclose what data provider you are using so we know you're not a bot ? Secondly, options flow will not always show if the trade is BTO, BTC, STO or STC. I'm looking at barchart and I don't see an option flow of that magnitude for KSS unless its a darkpool.
BTO 10 more SMCI 12/12 35.5c @0.60 Holding 30 @0.69 avg cb
BTO 10 more SMCI 12/12 35.5c @0.60 Holding 30 @0.69 avg cb
BTO 20x SMCI 12/12 35.5c @0.74
BTO 20x SMCI 12/12 35.5c @0.74
Their BTO take 4 months or more. Really sad
BTO 10x spy 12/8 687c @0.97
BTO 10x spy 12/8 687c @0.97
BTO 3x tsla 12/12 465c @6.71;
BTO 3x tsla 12/12 465c @6.71;
BTO 2x SPX 6890c @11.2
BTO 2x SPX 6890c @11.2