Started with SLV in October. My cost basis is in the 30s and im being Conservative and rolling my contracts. I may start writing ATM and getting assigned in December So far ive generated $192 since Oct 21
Awesome video🤩 Also just wanted to mention there are other investment options too-like Cryptonica's Crypto ATMS liquidity pool which delivers a steady 2.5% daily return.
been watching you for over 6 months. YOUR videos arte NOT TOO LONG. Love your work. I am about 3- 6 months away from joining one of your tutoring groups. ONLY COMPLAINT: you are a fast talker. lolol. thank god for rewind. KEEP UP THE AWESOME WORK.
Would this be the right way to use QQQY? I mean receive the maximum cash back then keep the rest as infinite cash flow if switched to a more sustainable long term income fund ?
Enjoy the videos! Something seems off in your projection though. If you generated $750 in two months, how would it be possible to generate $3000 in 6 months?
Even though you don't care about it, shouldn't the spread sheet also log the capital gains and losses on assignments? The premium collected is just one side of the story. You don't want to end up paying more than what you receive in premium right?
I’m following your test and I’m doing the same! I’m using QYLD, CONY, and SLV in one account. But quick question, are you putting money on the side line for taxes? Or is this account a Roth?
Let's say you sold put 28 and SLV went to 26 and you got assigned. You sell call 26 and SLV went back to 28. So you you have to sell your shares for 26 and loose 200$ , isn't it right?
❤From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.
I fail to understand the juvenile mindset that considers being first to comment on a video as some sort of accomplishment. But I suppose life is more simple for those folks who still live in their parents' basement 😋
Part of your explanation of the strategy doesn’t make sense. “I don’t care about the cost basis I only care about the cash flow”. If that’s the case sell the covered call at a strike of $0 and you’ll get $3,000 of cash flow instantly. But you’ll be in the same spot as you started… so is your goal to reach $6,000 in the portfolio ? Or just $3,000 from premiums regardless how much cost basis you lose
Happy Thursday Everybody! Make sure to leave your $0.02 in the comments! I appreciate everybody in the AJ Investor Community!
Started with SLV in October. My cost basis is in the 30s and im being Conservative and rolling my contracts.
I may start writing ATM and getting assigned in December
So far ive generated $192 since Oct 21
Awesome video🤩 Also just wanted to mention there are other investment options too-like Cryptonica's Crypto ATMS liquidity pool which delivers a steady 2.5% daily return.
stready 2.5% a day? should be a billionaire soon
never trust it !! yes you can but>>>>>>
been watching you for over 6 months. YOUR videos arte NOT TOO LONG. Love your work. I am about 3- 6 months away from joining one of your tutoring groups. ONLY COMPLAINT: you are a fast talker. lolol. thank god for rewind. KEEP UP THE AWESOME WORK.
Dude you make great videos!! Many thanks!!
Thanks for sharing your ideas! I started this in my Roth 2 weeks ago. So far so good!
Awesome!
I think I missed the prior videos where you began this experiment along with the other updates.
But yes, I am intrigued.
Your ideas are interesting and explained well in the videos. Thanks!
Joe thanks for the details in a short video perfect
Looking forward to this update thanks
Your videos are fantastic !!!
Great video I like to know at what Delta you are trading?
Would this be the right way to use QQQY? I mean receive the maximum cash back then keep the rest as infinite cash flow if switched to a more sustainable long term income fund ?
Enjoy the videos! Something seems off in your projection though. If you generated $750 in two months, how would it be possible to generate $3000 in 6 months?
Even though you don't care about it, shouldn't the spread sheet also log the capital gains and losses on assignments? The premium collected is just one side of the story. You don't want to end up paying more than what you receive in premium right?
When you say you sell at the money, do you sell just a put or a straddle?
I’m following your test and I’m doing the same! I’m using QYLD, CONY, and SLV in one account. But quick question, are you putting money on the side line for taxes? Or is this account a Roth?
Your writing calls on covered call funds? Lol
i don't get the P/L question, how much do you win or lost?
How much % does the trading commission you pay for the broker is byting you?
Let's say you sold put 28 and SLV went to 26 and you got assigned.
You sell call 26 and SLV went back to 28. So you you have to sell your shares for 26 and loose 200$ , isn't it right?
So basically you doubled your money in 6 months?
❤From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.
Please how do I go about it, am still a newbie on investment trading and how can I make profit??
Thanks to Mrs Charlotte Bate.
She's a licensed broker in the states🇺🇸
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimony on CNBC news last week.
So nice to see Charlotte bate talked about here,her good works are speaking already, and like wide fire she's spreading.
The profit is from suckers who pay monthly 😃
Good to know that the wheel strategy works! ❤ GLD SLV TLT SPY UNG ❤
first
I fail to understand the juvenile mindset that considers being first to comment on a video as some sort of accomplishment.
But I suppose life is more simple for those folks who still live in their parents' basement 😋
ad for discord
Part of your explanation of the strategy doesn’t make sense. “I don’t care about the cost basis I only care about the cash flow”. If that’s the case sell the covered call at a strike of $0 and you’ll get $3,000 of cash flow instantly. But you’ll be in the same spot as you started… so is your goal to reach $6,000 in the portfolio ? Or just $3,000 from premiums regardless how much cost basis you lose
first