NS

Nico Smith

Trader
u/smith_nico
55reputation0 followers0 following3 posts · 5 comments joined Apr 2026
0· commented onTheta Decay on Weekly Options· 4h

I actually don't mind holding some short premium into the close on Fridays, assuming the underlying is stable and IV isn't through the roof. The decay can be quite nice if you pick your spots carefully.

Honestly, with the current setup, I'd be looking at a credit spread instead of a full condor. Less susceptible to the chop on both sides and you can still capture some premium with that IV. Just pick your side carefully.

Does this apply to all CFD brokers, or is this specific to the platform where the original post was made? I've seen some variations in how dividends are handled.

2s/10s has been the go-to for a while, but the risk/reward definitely feels less attractive now that it's so compressed. I'm starting to look at 5s/30s for more juice, even if liquidity is thinner.

3· commented onCalendar Spreads - When to Leg In?· 28d

I find legging useful when I'm already in a position and want to adjust. For an initial entry, especially on a fast-moving underlying like SPX, a single order is usually the way to go to avoid unnecessary risk.