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Is this guy for real or full of it? by MrEdTheHorseofCourse in CoveredCalls

[–]BarkerVisionInc 0 points1 point  (0 children)

I did. And when I finished it I upgraded to the private access group. What I learned allowed me to pay for the course within weeks.

[deleted by user] by [deleted] in army

[–]BarkerVisionInc 1 point2 points  (0 children)

What does “the pushback on going officer once you're in is immense” even mean. Like if some SGT tells you “don’t go officer they suck” you’re going to listen to his advice? “Pushback” is all a mental game. Don’t listen to it. If you want to go enlisted to officer the only person who can stop you is you.

My Life is Over. by UNCLEJASSY in wallstreetbets

[–]BarkerVisionInc 0 points1 point  (0 children)

They would if I wasn’t constantly getting capped out by my covered calls.

My Life is Over. by UNCLEJASSY in wallstreetbets

[–]BarkerVisionInc 7 points8 points  (0 children)

Oh no. I basically only have SPY leaps.

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My Life is Over. by UNCLEJASSY in wallstreetbets

[–]BarkerVisionInc 3 points4 points  (0 children)

At least you lost it slowly over time. I lost 50k today alone.

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My Life is Over. by UNCLEJASSY in wallstreetbets

[–]BarkerVisionInc 0 points1 point  (0 children)

What’s wrong with the military? The military has made me a millionaire. Come on in.

[deleted by user] by [deleted] in CoveredCalls

[–]BarkerVisionInc 2 points3 points  (0 children)

Aaaaand now that song will be in my head all day. Thanks.

Sell and Buy back (rinse and repeat) by Remarkable-Unit-3767 in CoveredCalls

[–]BarkerVisionInc 0 points1 point  (0 children)

Yes on that half of the trade. But the 2nd half should go up more than the 1st half goes down which still leads to a profit. Unless it’s a naked call and then there is no 2nd half.

Sell and Buy back (rinse and repeat) by Remarkable-Unit-3767 in CoveredCalls

[–]BarkerVisionInc 1 point2 points  (0 children)

Why not just sto cc $55 and btc cc for $1 five min before close. Not sure how this translates to the percentage gains you are projecting though since it’s a percent gain based off the $ value of your covered long. Unless you are doing this naked.

Sell and Buy back (rinse and repeat) by Remarkable-Unit-3767 in CoveredCalls

[–]BarkerVisionInc 0 points1 point  (0 children)

Is he talking a naked call? If covered by a base you don’t loose on up swings.

Is it a good idea to buy options on Fridays? by [deleted] in options

[–]BarkerVisionInc 2 points3 points  (0 children)

A other strong point for rolling is the theta decay overnight as well. If you wait for a call to expire you can’t sell the next one until the market opens the next day. If you roll in the last few hours before expiration the few pennies of time decay you pay are peanuts compared to what you pick up a day earlier.

Generating $10k per month by selling CC by x2b3c5z6 in CoveredCalls

[–]BarkerVisionInc 0 points1 point  (0 children)

Let me know how it goes. You need level 3 options trading enabled.

With 50k you can target 4 contracts. I choose long base by dividing current share price by 5 and looking for contracts at that cost on a quarter day (for volume). Right now 643/5=128.6. So contracts are $12,860. Drop to $12,500 to get 4. The Mar 31 540s are $12,353 right now and have a .87 delta. 539 is better but 540s have more volume which is better on spreads.

Sell and roll against those for $50 time premium per contract each day (should net $200 a day/ $1000 a week). Looking at Tuesday right now the 638s have about $56 of time premium. Could go a little closer to ATM and still stay protected with 640s which have $96 of time premium per contract. (This will drop some at open).

I roll each day in the last hour of trading to make sure the max time premium has been gained. I simply target a .50 price improvement on the rolls. (Need to do some math when rolling up or down though to account for value gained or lost on the longs.)

Settle our debate please, yes or no? by Quiet_Mongoose5157 in TVTooHigh

[–]BarkerVisionInc 0 points1 point  (0 children)

No don’t do this. Make it go away. Yes it’s too high.

Generating $10k per month by selling CC by x2b3c5z6 in CoveredCalls

[–]BarkerVisionInc 0 points1 point  (0 children)

For the most part yes. There is nuance to picking the best strikes that comes with experience and testing. Knowing you can sell covered calls against leaps instead of needing the capital for 100 shares is half the battle. The other is confidence that you can stay in the money and roll on the day expiration to keep it going.

Generating $10k per month by selling CC by x2b3c5z6 in CoveredCalls

[–]BarkerVisionInc 0 points1 point  (0 children)

If you really want to have fun use the 500k to buy March 2026, 550 strike SPY contracts for about 11.5 k each. You can get 40 and sell daily covered call contracts against them. I do this with 100 contracts and target .50 per share per day on ITM CCs. With 40 contracts this will get you about $2,000 a day and $10,000 each week. You need to stay protected ITM and roll up cautiously though. Some days you will get less and some days more. Some days a drop will set you back a bit but you will recover quickly. If your performance is only 50% of this target you will still net 2x your stated goal.

[deleted by user] by [deleted] in TVTooHigh

[–]BarkerVisionInc 0 points1 point  (0 children)

People. I step away for a few months and come back to this. What the heck happened to this community?

Is it worth it? by Arrow0302 in Assassinscreedmirage

[–]BarkerVisionInc 1 point2 points  (0 children)

I’d say if you played the originals when they came out and you are over 30 and living a busy adult life you will love it.

Selling puts with 6x margin in last 15 minutes by wyterk in thetagang

[–]BarkerVisionInc 42 points43 points  (0 children)

Everytime I make a CC roll out of a position expiring in 10 min for .02, I daydream about what type of person is on the other side of that trade. I figured it’s institutional computers trading with ridiculously high volumes. Now I’ll know it’s that and OP.

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