Your success is because of your confidence to put more money into it. Looking back, it seems your yield has actually gone down a little in %, but because you aren't afraid to put more capital, your income is growing. I think it goes to the point that you always make, go slow and learn so you are comfortable enough to put bigger capital at it. It certainly is impressive!!! Great Job ROD!
Great job as always. Keep up the good work. I own CONY. last week I sold December 20 covered calls on CONY wanting to double dip on the dividends and the juicy premiums. I sold $18, $17 and $16 CC. Unfortunately the $16 CC was taken away from me before I could get the dividend. I was so pissed. Luckily, I only had a small number of contacts.
Dude that stock split got me thinking . Options in that is nuts but if you’ve been watching that fund like a hawk you can have good data points to make some money in both directions of trading. Very tempted
If you are referring to MSTU , yes, that one used to be my biweekly premium generator, it was an amazing candidate for the wheel, CC premiums were mind blowing. Now with the split we'll see what happens! It'll definitely pump up some volume, just hope the premiums stay decent & don't become another MARA (which is not a bad candidate). Either way Good luck cuz the opportunity will be there!!! Let's make this $$$$$!
I have MARA, RIOT and CLSK that I write puts and calls on and also a semi company WOLF did a 1 day trade on WOLF friday for 8 dollars and was paid 14 for 1 day.
Great premiums dude. Pay. Off. The. Car. Then your brokerage can make the mortgage payment. Three reasons to: 1. Your auto loan is likely at a higher interest rate than your mortgage so it's worth getting off your books sooner than later. 2. Your auto loan is a smaller amount so it'll take less capital to pay off and is a good psychological win. 3. God forbid something happens, your financial situation will be better with having one less monthly bill.
Additionally, cars are bad debt as they are generally worthless than we paid for them and lose value very very quickly. Houses are the opposite. Great debt, great for credit building/maintaining, useful for LOC's, sells for more than you bought it for (minus agency fees). Asset vs liability.
Your success is because of your confidence to put more money into it. Looking back, it seems your yield has actually gone down a little in %, but because you aren't afraid to put more capital, your income is growing. I think it goes to the point that you always make, go slow and learn so you are comfortable enough to put bigger capital at it. It certainly is impressive!!! Great Job ROD!
Great job as always. Keep up the good work.
I own CONY. last week I sold December 20 covered calls on CONY wanting to double dip on the dividends and the juicy premiums. I sold $18, $17 and $16 CC. Unfortunately the $16 CC was taken away from me before I could get the dividend. I was so pissed. Luckily, I only had a small number of contacts.
I love these videos. Keep up the good work
good job. thanks for keeping this free for us to watch and learn
Dude that stock split got me thinking . Options in that is nuts but if you’ve been watching that fund like a hawk you can have good data points to make some money in both directions of trading. Very tempted
If you are referring to MSTU , yes, that one used to be my biweekly premium generator, it was an amazing candidate for the wheel, CC premiums were mind blowing. Now with the split we'll see what happens! It'll definitely pump up some volume, just hope the premiums stay decent & don't become another MARA (which is not a bad candidate). Either way Good luck cuz the opportunity will be there!!! Let's make this $$$$$!
Congrats on the $1k week!
I have MARA, RIOT and CLSK that I write puts and calls on and also a semi company WOLF did a 1 day trade on WOLF friday for 8 dollars and was paid 14 for 1 day.
I don't see any options on MSTU in Robinhood. Schwab shows options.
They are working on the split, once the split is complete, it'll become available ( probably Monday)
Accelerating nicely 🎉
The Fwd split of MSTU plus the bigger div of TSLL are the best news of 2024!
Great premiums dude. Pay. Off. The. Car. Then your brokerage can make the mortgage payment. Three reasons to:
1. Your auto loan is likely at a higher interest rate than your mortgage so it's worth getting off your books sooner than later.
2. Your auto loan is a smaller amount so it'll take less capital to pay off and is a good psychological win.
3. God forbid something happens, your financial situation will be better with having one less monthly bill.
I already started scheduling my mortgage to get paid from this account starting 1/1
Additionally, cars are bad debt as they are generally worthless than we paid for them and lose value very very quickly. Houses are the opposite. Great debt, great for credit building/maintaining, useful for LOC's, sells for more than you bought it for (minus agency fees).
Asset vs liability.
NVDU - $13.88/share dividend
When you do a Buy to Close on a Put, are you receiving the 100 shares?
When I earned most of the profit in a short period of time and no shares but you get your collateral back
@@RetireonDividends I finally get this. I'm learning! Thanks Mike!
My goal is for options to pay for vacations. 🎉
Love it
Thank you
Curious, with TSLL so high per share, will you just sell what you have to reap the difference?
I don’t own any
Greek? Call someone a MALAKA