Bold move converting $40k into deep OTM LEAPS — that's either genius or a margin call waiting to happen. The leverage can be insane though; been tracking setups on [StrikeEdge.io](http://StrikeEdge.io) and just watched an RXRX call go from $0.01 to $0.26 in days. The personal loan part is what's keeping me up at night for you. What strikes/expiries are you targeting?
You’re playing this game on hard mode. Look at how much the price of in-the-money/near-the-money TLT options move each day. You can buy expirations on MWF every week. A big down Monday (and big is relative here because the price of the ETF doesn’t move a ton) can give you an exceedingly cheap entry point for a Wednesday call that doubles on Tuesday with a modest price move up. Instead of using that daily swing you’re going to just sit and let time eat away at the premium you paid and hope for a big move.
Dealer Positioning:
6) NOPE (Net Options Pricing Effect) on Friday was 22x the 30-day median and accelerated through the day instead of fading.
7) Cumulative net delta: +15.37M shares-equivalent means dealers must hold ~$147M of long stock to be neutral. Firday directionalized. Gamma Exposure of: -$3.99M and today's flow created NEW short-gamma exposure for dealers
8) Monday 5/4 Gamma Cliff - 5/1 held 53% of gamma exposure. Monday morning starts with chain gamma at ~$2.9M vs Friday's ~$6.2M which dealer hedging requirements halved overnight, allowing the same news to move price more dramatically.
9) Smart money rolling from 5/15 to 6/18 straddle (likely for potential IV post earnings)
10) Max-Pain Asymmetry: 6/18 at $10 - institutional positioning
Volatility:
11) On 5/15 expiry at the 0.15 delta point, put IV minus call IV reads -0.27, meaning far-OTM calls are priced at 27 vol points over equivalent distance puts. SOUN's tail call-skew reversal is the structural footprint of persistent retail call demand.
12) Volatility of Vol (VOV) - 97th percentile of its 1-year range
13) Front-month IV (5/8, 7 DTE): ~170%. 240-day IV (~01/2027): ~90%. The ~80 vol-point spread is the steepest backwardation observable in the visible window.
14) SOUN exhibits IV smile, both tails are bid up to roughly equal IVs (~2.0 at 4P, ~1.8 at 16C, ATM ~1.25). Confirms retail call demand has been so persistent that OTM call IV has matched the natural put-protection bid.
Position:
5/15 Call Options going into earnings (Watching to sell before earnings based on price movement)
6/18 Call Options (Watching to buy after earnings from IV crush based on price movement)
Yes. Options have existed for a very, very long time, well before 0 DTE existed, for starters, so prior to 2022, daily 0 DTE wasn’t possible.
To more directly answer your question, and also disagreeing with the other regarded individual who replied to you: options can very much be profitable to retail. Simple, long-dated calls are one way to do it. For example, if you mechanically buy a 2-year SPY call whenever the market’s down more than 20% and hold to expiration, you’re likely to come out way ahead (past performance doesn’t guarantee future profit blah blah). The market is not often down 20%, so this isn’t a get-rich quick strategy, but it’s not unreasonable and has historically very good returns if you’re choosing a strike that isn’t absurdly OTM (say, if you pay for an at-the-money call). You can reduce the cost (and profit/risk) by using a long-dated spread instead (so for example buying the at-the-money and selling a call 10% above the current price at the same expiration).
There’s also selling index puts - again, not a road to riches, but as a way to add a small amount of leverage during times of elevated volatility. The typical internet-approved version of this is to sell 15-30 delta, 45 DTE puts, but there are a ton of ways to do this profitably, and also plenty of ways to quickly blow up your account. If you’re selling options, you very much need to be keenly aware of the leverage you’re handling, and also how volatility changes both the options price and the margin requirement (you can get blown out of a short put due to changing margin requirements even when the trade remains profitable).
The question you asked is really broad, something like “how do you build a house,” so I’m speaking in really broad terms with just two tiny examples in an ocean of possibilities. But the short answer is yes, you can very much be long-term profitable with options strategies.
However, ultimately, options are just another tool. You really need a thesis on the underlying, and if that’s wrong, some complex options genius setup isn’t going to save you from being wrong. So don’t get too caught up in the options mechanics at the expense of understanding why the underlying is behaving the way it is. It’s the latter that will make you money; options just add to the toolbox and can, for example, make you money if the underlying doesn’t move (which isn’t possible with shares apart from whatever dividends you get).
Yeah no shit it's believable after the epstein files got released already. Watch this woman's files get released and we'll all say "yeah some women are just kinky, get over it". Let's not move goal posts. There are freaks out there. If anything the outlandishness makes me believe the story more because if he was lying he'd make it more believable.
I won’t touch this stock again because their cfo violated their nda and from my readings we are approaching a real shock from this hormuz shit which big money will move from speculation to valuation and poet doesn’t make money.
“According to RBC Wealth Management head of investment strategy Frederique Carrier, a rule of thumb used by the firm's chief economist is that an oil shock needs to last between three and six months to have a sustainable impact on inflation.
Nuveen global investment strategist Laura Cooper said her firm still had AI tech exposure given its profitability, but was countering that with "dividend growers", infrastructure and real assets such as real estate and gold miners as a hedge against risks.”
https://money.usnews.com/investing/news/articles/2026-05-01/analysis-investors-are-running-out-of-time-to-brace-for-true-oil-shock
I'm still in disbelief about the Spirit shares $0.49 to $1.08 move I made yesterday. I figured what the hell, I'll throw $500 at it. $500 to $1101 in about 40 minutes and sold.