Theta Plays - Selling options for premium.

Swaggy’s Top Stonks. We compile and analyze data from multiple sources bringing you the top trending tickers from around the internet. If you haven’t subscribed already, please do so below.

Swaggy's Top Stonks

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Today’s edition we’ll be browsing through the most popular retail stocks of the last 10 days and looking at some of the unusual options volume that’s been traded, which stocks are popular among option sellers, and the sentiment report.

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Today's Letter

• Theta Gang - Collecting Premium on Time Decay

• Unusual Options Volume

• Social Sentiment Report

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Theta Gang - Collecting Premium on Time Decay

For those of you unfamiliar with the term Theta Gang, it’s a trading strategy that involves selling options to collect premium through time decay. Think of it as selling a covered call on shares you own, but the same can also be done by selling puts in a “cash-secured put”.

Here are the last few day’s most unusual contracts traded, sorted by the greek “theta” in descending order. The value can be thought of how much the contract decays per day, aka in a scenario where the stock price stays the same you would earn this amount per day while holding the contract.

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