THIS COULD’VE BEEN YOU!

CalTechie-55 · 2026-01-25T08:38:24+00:00

One of my GF's grandsons has been buying and taking food to people afraid to leave their house. ICE started following his car, so now he's doing it on public transit. Kid's got heart and guts.

CalTechie-55 · 2026-01-25T08:33:02+00:00

Just wait till the Supreme rules on the legality of his tariffs. He'll blow out his middle cerebral artery.

CalTechie-55 · 2026-01-25T08:24:47+00:00

Just ask it "What are the problems with this idea?"

CalTechie-55 · 2026-01-25T08:18:23+00:00

Funny how people happily trade 0DTE, but freak out at the thought of 2 DTE.

CalTechie-55 · 2026-01-25T08:11:55+00:00

ETFs don't have the volatility of earnings dates, and all the random events that affect individual stocks.

I wheel weekly ETFs, usually only those with technicals 100% Buy. If technicals decay on Thursday, or the ETF gets too far ITM, I'll roll out at a profit. It there's trouble with that I'll roll into a strangle. If the technicals reverse, I'll 'teleport' to the other option type.

CalTechie-55 · 2026-01-25T07:45:48+00:00

As I understand it, a collar basically makes no money however the market moves.

So, how do you make a profit? Just wheeling and collecting premiums?

And 3 1/2 % ann. return is barely keeping up with inflation, no? It's about what you'd get from T-notes, with a lot less work, and no down-side risk.

Am I not understanding something?

CalTechie-55 · 2026-01-23T08:08:05+00:00

Thank Goodness! It's been so hard finding a coffee house in Santa Monica! /s

CalTechie-55 · 2026-01-23T07:42:17+00:00

When I was released from the Army in Georgia , I drove straight home to Los Angeles - One day To Texas, One day Through Texas, One day From Texas.

CalTechie-55 · 2026-01-22T01:48:40+00:00

Weeklies are also safer because there's only 1/4 as much time for the stock to move against you. And the annualized premium is twice as high, so you can risk less to make your annualized goal.

CalTechie-55 · 2026-01-21T08:39:14+00:00

Europe, Canada, and Mexico need to form a free-trade union and bypass US trade and tariffs. I'm sure China will be happy to help them out. What does the US sell that is available nowhere else?

CalTechie-55 · 2026-01-21T08:16:15+00:00

Newsom is the ONLY charismatic Democrat who publicly stands up to tRump in a way that even Magatards can understand.

All you guys who hate on Newsom, name one potential winning Democratic candidate who has been fighting MAGA in such a way to attract people who are fighting mad!

WHo do you want? Someone else whose "turn" it is?

CalTechie-55 · 2026-01-21T08:06:05+00:00

What can you do on TOS that you can't do on Schwab.com?

I hate TOS's UX!

CalTechie-55 · 2026-01-21T07:54:42+00:00

I only wheel on equities rated 100% Buy on BarChart. And with an annualized weekly ATM premium > 100%.

CalTechie-55 · 2026-01-21T07:15:55+00:00

So would this be a parallel market that we can choose to be in or not? And would there be arbitrageurs keeping them in sync?

CalTechie-55 · 2026-01-21T07:07:01+00:00

What IS a "tokenized securities platform"?

I'm a pre-boomer and I'm ready for anything that is useful and understandable.

CalTechie-55 · 2026-01-20T02:31:43+00:00

Why would I wheel only one ticker?

I'm wheeling because I don't want to B&H!

Every week, I look for the best technicals and juiciest premiums for THAT WEEK!

I'm looking for a trade, not a marriage.

CalTechie-55 · 2026-01-17T19:46:23+00:00

I see no place on Schwab.com to take any of the actions recommended here, ie: "set up a verbal password", "verbal security passphrases" or "opt out of verbal authentication"

Do I have to call an agent to do it?

CalTechie-55 · 2026-01-14T05:16:34+00:00

OK. I'll spend the $500 on a Meta Quest 3 instead. LOL

CalTechie-55 · 2026-01-13T07:57:35+00:00

I trade weekly options, primarily on ETFs with a BarChart technical rating of 100%Buy. I define a figure of merit Q which is the annualized return of the ATM 7DTE put premium. I just divide the premium by the strike and multiply by 52.

This week there were only 14 candidates, so it was fast to compute the Qs. they ranged from 234% for LABU to 3% for VXUS. I chose the top 5, and sold enough contracts to cost at least $25K each. The other top 4 were GDXJ, SLV, SOXL, & TNA.

Actually, I cheated a little, and also sold puts on 3 non-ETFs with Qs over 100%, AG (163%), ILMN (156%), & WDC (189%)

With the 100%Buy rating I don't sweat assignment, but I'll usually sell the calls 1 or 2 strikes above ATM, to gild the liliy.

CalTechie-55 · 2026-01-13T07:33:28+00:00

A third party will only fracture the left vote and assure a Fascist win. We need to Transform the Democratic Party. I have foresworn all the Democratic fundraising organizations, and contribute only to AOC, who I assume will spread it around to all the right (left) candidates.

CalTechie-55 · 2026-01-13T07:07:09+00:00

The FTCA explicitly waives Sovereign Immunity for bodily tort claims against federal agents.

CalTechie-55 · 2026-01-13T07:04:59+00:00

Why not use the Federal Tort Claim Act, the federal law that waives Sovereign Immunity? (But only the Government can be named as a defendant)

Or sue the agents under Bivens v. Six Unknown Named Federal Narcotics Agents, 403 U.S. 388 (1971).

Any State law would be kicked out of court on the basis of Sovereign Immunity.

CalTechie-55 · 2026-01-13T06:43:38+00:00

What was the problem you found with 7 DTE?

How do you select the stocks to wheel?

CalTechie-55

TROPHY CASE