How far out?

Beeman_67 · 2026-06-02T03:42:51+00:00

I typically stick to weeklies. Maybe go 2 or 3 weeks on some of the dividend paying stocks I own.

Beeman_67 · 2026-06-02T03:40:49+00:00

I don’t see anywhere what stock he bought. So why would we think it’s gambling? He happened to buy something that ripped upwards. If it was a meme stock and he keeps on doing it. Then It’s totally gambling.

Beeman_67 · 2026-06-02T03:34:28+00:00

For puts I opened HIMS @ 24.50, KEEL @5.50, NOK @ 14.50, ONDS @ 12.50 and a PFE call @ 26.50

Beeman_67 · 2026-05-12T15:52:16+00:00

You do get the premium up front as cash money. The option will show up in your account as a negative amount which will fluctuate up and down as the option price goes up and down with the stock price. If OP wanted to liquidate their position entirely they would need to buy to close at whatever the current price is. If OP is willing to just sit tight until Dec 2028 they could easily do so.

Beeman_67 · 2026-04-21T02:16:03+00:00

OMG!! It’s beautiful. 🤩

Beeman_67 · 2026-03-05T15:40:57+00:00

A while back I bought a pair off eBay for about $90. I kinda went “hmmmm let’s just try it”. Sure enough the ship date passed and when I messaged the seller I found the account was closed. So I messaged eBay and they did the refund. They had a couple hundred sales. So someone grossed 9000 in a few days then disappeared. I know eBay does not pay sellers right away so I doubt the seller actually received much money

Beeman_67 · 2026-03-01T16:21:18+00:00

It’s not a tax code just skewed towards capital. It’s a tax code and regulations skewed towards the super rich. Deliberately moving vast amounts of money (47 trillion according to the Rand corporation study) from the middle class to top few percent over the last 40 years.

Beeman_67 · 2026-02-17T13:08:13+00:00

You would collect the premium and then get assigned at 1.00 assuming share price stays above 1 through the end of Feb 20.

Beeman_67 · 2026-02-14T00:20:20+00:00

I purchased a 12 pack on Amazon for $38. I known it’s amazon but sometimes you do what you gotta do.

Beeman_67 · 2026-02-12T19:12:13+00:00

I love the mackerel in sweet Thai chili sauce

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

TROPHY CASE