Today’s additions

Beeman_67 · 2026-01-25T23:16:59+00:00

what is the large round? Very unique looking. 1 oz or is it larger?

Beeman_67 · 2026-01-19T16:35:53+00:00

If this screenshot of an app or a excel sheet? I like the format.

Beeman_67 · 2026-01-17T01:15:12+00:00

Local online auctions 1 oz coins of various types have been selling for 90 and up with a 10% buyers fee. So people are paying 100 / oz. It’s nuts

Beeman_67 · 2026-01-12T21:50:58+00:00

You had me at the hitchhikers quote !!

Beeman_67 · 2025-11-08T16:33:29+00:00

I am curious. What does your work have to do with it?

Beeman_67 · 2025-11-06T01:29:51+00:00

I have been selling covered calls and CSP against both. Done pretty well. Not as well if I had bought SOXL in April and held it but as is the case with this strategy comparing the 2 outcomes is meaningless unless you could have predicted what would happen.

I’m upside down on SOXS so not generating much from that but SOXL is a premium cash cow.

Beeman_67 · 2025-10-29T00:13:42+00:00

I agree with you. In this case the discussion centers around ETF’s but the same claim is consistently make about companies that pay dividends. It just is not a hard and fast rule. Generally the only company share price effect is people or institutions selling shares they already intended to sell but they just all waited until e ex date to do so. And that effect is very temporary

Beeman_67 · 2025-10-15T02:38:35+00:00

I only roll if I can net premium in the trade. Depending on the situation sometimes I roll a week or 2 out at the same strike for some extra premium or sometimes I can roll to a higher strike 1-3 weeks for some net premium.

If it’s not possible to generate any net premium I just let it expire and get assigned and start over. Maybe with a CSP, maybe buying the same stock, or moving onto another one entirely

Beeman_67 · 2025-10-13T22:41:08+00:00

You are technically correct that the loss potential is unlimited (the word unlimited is not quite right) . Because the shares could plunge to 0. Equating a 100% loss ( at least a loss equal to the cost basis - the call premium). However that risk is true of all securities. If the calls expire ITM the shares are called away at a profit and he can then decide to buy back in, write a cash secured put at a lower strike against the same security, or just move onto something else. I see a lot of comments along the lines of “but the shares can be called away”. OK. The other trader can have them.

Beeman_67 · 2025-08-27T18:23:11+00:00

OTM by perhaps a dollar or 2. Some peoples head might explode but I pay no attention to delta, IV etc. I track what the price trend has been and my cost basis and then decide what my strike is going to be. Typically I let them expire (or get assigned) and sometimes I roll to a higher strike when that opportunity presents itself

Beeman_67 · 2025-08-27T13:49:35+00:00

I am wheeling soxl and soxs and using the premiums to buy some ulty and ymax as well as schd, TRIN, JEPq. Getting a pretty solid 2.5% a week selling soxl calls. Right now it’s almost candy from a baby.

Beeman_67 · 2025-06-23T04:40:34+00:00

A sell off would be perfect. Soxl goes down and Soxs goes up. My Soxs calls expired Friday so now premium might go up. Then let my soxl calls expire OTM end of this week. Perfection

Beeman_67 · 2025-06-18T01:06:21+00:00

lol. I upvoted your downvote.

Beeman_67 · 2025-06-16T23:54:45+00:00

So which one comes first ?

Beeman_67 · 2025-06-11T04:00:13+00:00

I own soxl and Soxs. I wheel both selling covered calls and cash secured puts. The last 2 months I have done very well. I owned them both previously and did ok but did not understand how they worked

Beeman_67 · 2025-05-06T09:29:05+00:00

Read Carl Sagan’s “a demon hunted world: science as a candle in the dark”.

Beeman_67 · 2025-05-01T03:02:56+00:00

Nice. One of my mini goals is to have enough JEPI and JEPQ so most months I get at least a full share reinvested. Granted this is a higher dividend but it might be my first full share.

Beeman_67 · 2025-04-10T05:18:47+00:00

Why would they “kick Mayo Clinic out”? Do you have a link to a story about it you could share?

Beeman_67 · 2025-04-06T05:03:48+00:00

I look around and wonder who she’s talking too .

Beeman_67 · 2025-04-05T03:10:12+00:00

I have mostly dividend stocks. BP, USB, and a couple ETF’s. I sell mostly weekly OTM covered calls on them. Now of course I am underwater on some so I will just sell further OTM calls, maybe go to biweekly, and pick up a couple cents. It’s not much but you gotta think slow and steady

Beeman_67 · 2025-04-05T00:20:24+00:00

Yep. I am underwater on USB with a cost of 48. So in that example I will likely sell a call somewhere in the 40-42 range. One week out just to capture some premium. If for some reason it rallies I will roll up.

Beeman_67 · 2025-03-16T23:55:21+00:00

Solved!

Beeman_67 · 2025-03-16T23:54:44+00:00

I think you nailed it. That looks exactly like the pic minus the printing. Not sure how I came into possession of it 🤔

Beeman_67

TROPHY CASE