*Investors Blog*

Boy did I screw up , I made a nice profit on my Tesla calls, but if I waited another week and a half I would have made 58k more. ****ed if you do ****ed if you don't
You just have to decide how much you want to get and leave it at that.
Just like you i was in the same boat at $227. But I strung it along and bought up the line but I'm happy with what I got.. could I have been happier...you know the answer to that 😆
 
This is one irritating but mostly meaningless with selling covered calls (no desire to buy to close!):

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Income investors ONLY. You guys still working, growing, please ignore.

In an IRA account of any type, buy 1000 shares of VGLT for around $54.50

Then sell to open against those shares 10 contracts Aug 15, Strike 55. Take your $1300 premium.

Sit on the fund and collect the dividend. If the contract executes, then ok. You also made a few $. If the fund goes down, stays the same, contract expires worthless. Rinse and repeat.

Very simple, low risk. If rates somehow skyrocket, yeah that would be a primary risk of any long bond fund. But, it's for income, remember I told you growth guys to ignore.
Did it in the morning. The premium was less than the $1,300 and VGLT rose a little (but still not at strike).

Loaned my SPYI to Fidelity while I was doing new things.

Not sure WTH this means in positions, though.

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Loaned my SPYI to Fidelity while I was doing new things.
Excellent! I was going to suggest that. If you aren't in the Fido loan program do so. It may only mean an extra $100-$500 per month, but not complaining as these are in my tax deferred/free accounts.

I have all my 7000 shares of BACPRB loaned out. The rates change, which kind of sucks.
 
Excellent! I was going to suggest that. If you aren't in the Fido loan program do so. It may only mean an extra $100-$500 per month, but not complaining as these are in my tax deferred/free accounts.

I have all my 7000 shares of BACPRB loaned out. The rates change, which kind of sucks.
I wish Schwab had that - they don't have a way to check eligibility.
 
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If that's the least of your screw ups, you are not even welcome to the Club of Investing Idiots. :love:
O no I have a few big one's. I only have a step daughter . My dad told me 20years ago you will be sorry if you don't have a child . I got married at 36 and I really regret it . 5 kids in my family , I don't know how they kept their sanity.
 
O no I have a few big one's. I only have a step daughter . My dad told me 20years ago you will be sorry if you don't have a child . I got married at 36 and I really regret it . 5 kids in my family , I don't know how they kept their sanity.
Kids don't count. hahahahahaha My daughters (they all live in Alaska, that is an odd one!) all finally turned out ok in the end. The oldest had some real issues and it's amazing how that impacts good and bad.

Wait we were talking about investing.
 
As soon as I heard about ***** buying footlocker I laughed and said I was going to buy puts on ***** . Too late. I haven't set foot in a foot locker in 25 years . And anything you can buy in ****'s you can go online and get it for 25% cheaper .
https://seekingalpha.com/article/47...goods-foot-locker-deal-is-highly-questionable
 
Kids don't count. hahahahahaha My daughters (they all live in Alaska, that is an odd one!) all finally turned out ok in the end. The oldest had some real issues and it's amazing how that impacts good and bad.

Wait we were talking about investing.
Yeah investing, I guess my story was a regret, I regret selling TSLA too early .
 
As soon as I heard about ***** buying footlocker I laughed and said I was going to buy puts on ***** . Too late. I haven't set foot in a foot locker in 25 years . And anything you can buy in ****'s you can go online and get it for 25% cheaper .
You can say pretty much the same thing about Rick$
 
It's tempting to take money off the table but 17 days a year dictate the year . I don't know who figured it out but it's the gospel. This week S+P 500 was up 5% if you were waiting you lost 5% .
 
Income investors ONLY. You guys still working, growing, please ignore.

In an IRA account of any type, buy 1000 shares of VGLT for around $54.50

Then sell to open against those shares 10 contracts Aug 15, Strike 55. Take your $1300 premium.

it's for income, remember I told you growth guys to ignore.
I sell cash covered PUT options when volatility spikes for income.

Today, the cash covered PUTs I sold April 3rd, 4th, and 7th, and at that time collected $15K for, expired worthless, meaning I keep the $15k (70% to 140% annualized income).

I'm now sitting on mostly cash and waiting for volatility to do this sort of trade again.

I do this in me (68) and my wifes (61) IRA and brokerage accounts and have since 2020.

It takes patience.

Occasionally I'll hold stock(s) and sell covered CALLS like @Pablo.
 
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I sell cash covered PUT options when volatility spikes for income.

Today, the cash covered PUTs I sold April 3rd, 4th, and 7th, and at that time collected $15K for, expired worthless, meaning I keep the $15k (70% to 140% annualized income).

I'm now sitting on mostly cash and waiting for volatility to do this sort of trade it again.

I do this in me (68) and my wifes (61) IRA and brokerage accounts and have since 2020.

It takes patience.

Occasionally I'll hold stock(s) and sell covered CALLS like @Pablo.
It’s a bit more rare occurrence to get a good premium and taking possession of a stock that is plummeting is a risk

What funds/stocks for you this last cycle?
 
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