PMCC Strategy : r/thetagang - Reddit
Oct 25, 2020 · I came to the realization that PMCC is fundamentally a trade-off between upside profits and consistent but small gains. It’s a neat and aesthetic idea, but I’d rather make riskier trades with …
A Poor Man's Guide to Covered Calls (aka PMCC's) and How to
What is a Poor Man's Covered Call (PMCC)? It's like a traditional covered call, but covered by LEAPS instead of long stock. For example, instead of 100x EEM/-1 9/18 46c, you'd replace the long stock …
Poor Man’s covered call : r/options - Reddit
PMCC is slang for a Diagonal Spread, and it could also be for a Calendar Spread - Diagonal Spread: Definition and How Strategy Works in Trade (investopedia.com) The idea is to typically buy a farther …
How does each person write Poor Man’s Covered Calls (PMCC)?
Sep 29, 2021 · PMCC is a fancy name for a long call diagonal debit spread that gives the effect of a Covered Call (CC), with reduced risk and capital requirements. Why PMCCs may not be for some
The LEAPS are a LIE! (and the TRUTH behind PMCCs)
The Poor Man's Covered Call (PMCC) is a leverage tool many traders here have used in order to trade underlying's that may have been out of their capital range. Here, I hope to make the strategy easier …
Options Tracking Spreadsheet - Free : r/options - Reddit
Jun 29, 2021 · Hello, I shared out my spreadsheet that I use for tracking options. This spreadsheet will work if you are buying premium or selling it. People have said they really love the PMCC and Wheel …
PMCC Long Call .50 Delta VS .80 Delta : r/thetagang - Reddit
Feb 11, 2022 · The whole point of a PMCC is to be a synthetic covered call. In order to do this, you are using a long call to mimic owned shares. The higher delta you use for the long call, the more they …
How you guys are running PMCC in fidelity? : r/thetagang - Reddit
Jun 17, 2021 · How you guys are running PMCC in fidelity? I recently moved to fidelity from RH and I am unable to sell a CC against my long Call. I have been approved for level 3 and they denied me for …
Ideal delta for PMCC : r/thetagang - Reddit
Nov 16, 2020 · Ideal delta for PMCC Greetings all, sorry if this isn’t a perfect fit here but I’m hoping for a little guidance. When running a Poor Man’s Covered Call, what’s the ideal delta to set your deep ITM …
PMCC or standard CC : r/options - Reddit
Apr 6, 2023 · Wondering if doing PMCC is worth it or just doing traditional covered calls. I have about 30k to try and make some decent returns on, if I could get 4500 in profit I’d be fine with as that’s 15% …