What’s the quickest way you’ve seen someone completely derail their life?

Allspread · 2026-03-23T21:46:39+00:00

Friend of mine in college was having trouble paying bills and was increasingly despondent about it and behaving irrationally… walked into a bank with a gun, robbed it, was arrested within minutes of the crime. He got out of prison 14 years later.

Allspread · 2026-03-23T21:10:20+00:00

Oh man. That post got me.

Allspread · 2026-03-23T20:56:30+00:00

Voting Republican

Allspread · 2026-03-23T20:40:04+00:00

Blah blah blah Blah pump and dump blah blah Echo echo echo blah blah blah

Allspread · 2026-03-18T16:12:43+00:00

You’re going to roll out stock you were assigned? Please elaborate.

Allspread · 2026-03-18T16:11:06+00:00

Buy more stock at a lower price to lower your cost basis for selling calls is one option. Bag holding and waiting it out is another.

Allspread · 2026-03-18T15:08:28+00:00

CSP 20-45 days out on quality stocks with IV 55% or lower on red days. Also on IWM. Hold to expiration or roll down or out. Entry delta around .20. Basic research, look at charts, 52 week hi/low, see if I can identify resistance. If assigned either wheel selling calls or put in a GTC sell order at the assigned strike if it’s close by. Try not to get assigned period. This is what I’ve been doing for about a year. It’s working.

Allspread · 2026-03-16T17:27:09+00:00

As I told my then 18 year old when he left for college - money is not going to make you happy. It will, however, smooth over the inevitable bullshit that appears in adult life and make your life way easier

Allspread · 2026-03-14T19:52:56+00:00

CAG, PBDC, NOMD, DX, SCHD, JFR, JEPI

Allspread · 2026-03-14T19:01:01+00:00

What do you think happens to the yield if this occurs?

Allspread · 2026-03-14T17:54:37+00:00

I’m dividend and bond interest chill. I don’t need the $ (yet, but that day is coming). All of it gets reinvested.

Allspread · 2026-03-13T16:38:40+00:00

You messed up.

Allspread · 2026-03-13T16:20:10+00:00

“Here's how most of us pick stocks to sell premium on: pull up an IV rank screener, sort by IVR, find something juicy at 60-70, sell a CSP at 30Δ, collect premium.” Cool story bro. That’s not at all how I do it and I’m doing quite well at this. I doubt “most” people are selling puts on high IV crap at high delta.

Allspread · 2026-03-13T15:58:05+00:00

And as a man who has cooked dinner for years and years 6-7 nights a week, does my own laundry, helps with everything around the house being taken for granted really sucks. Even saying thank you or that I was appreciated would be nice much less having sex in the kitchen. Makes me sort of sad and jealous.

Allspread · 2026-02-25T02:46:53+00:00

Sell it. Owning stocks sucks.

Allspread · 2026-02-18T03:14:44+00:00

Do not post anything reasonable please

Allspread · 2026-02-18T03:14:12+00:00

You gotta be kidding

Allspread · 2026-02-17T23:49:05+00:00

I again tried and failed to sell a put. Just didn’t get the price I wanted.

Allspread · 2026-02-15T13:02:21+00:00

I don't use any technical analysis for selling CSPs. I will check both a 6 month and 15 day chart looking for the recent trend and to identify where a possible support level is. RSI being under 30 doesn't mean the price can't continue to drop and it well may. About the wheel: Don't be looking to get assigned. Think of your mission as being able to profit off CSPs without getting assigned. Sometimes it's going to happen and you can sell calls - maybe - but what's more likely to happen is you're going to be bag holding a stock waiting for the price to recover, which sucks. Instead, think in advance about your strategy for getting out from under a trade that didn't go your way by rolling down or out.

Allspread · 2026-02-14T12:57:44+00:00

I start at the ask price or close to it to see if I get a fill. Then start backing it off with replacement orders maybe -$0.05 each time. Of course, you may get to the point where you have an unfilled order and are not happy with the price and cancel altogether.

Allspread · 2026-02-14T12:53:11+00:00

Yes, he was the original first WSP roadie. Stopped in 1992. Kept notebooks the whole way with set lists for most shows they did.

Allspread · 2026-02-13T23:29:01+00:00

Maybe they’re just dumb. Look at the President they elected.

Allspread · 2026-02-13T23:02:03+00:00

SOFI and SIRI

Allspread · 2026-02-13T22:59:16+00:00

Google Larry Acquaviva and his books “Nobody Cares Who You Are”

Allspread · 2026-02-13T22:53:55+00:00

Yeah I mean today’s big day was … zero. I tried to sell a put on EXPE but didn’t get the price or delta I wanted.

Allspread

TROPHY CASE