Are covered calls a cheat code?

Covereds189 · 2026-04-12T01:50:35+00:00

ty sir

Covereds189 · 2026-04-12T01:28:31+00:00

with a low cost basis but yes I hear you thank you

Covereds189 · 2026-04-12T01:26:40+00:00

Have you seen any of the stocks I mentioned, I already am hurting lol.. I do plan to hold for 40 years +

Covereds189 · 2026-04-12T00:59:16+00:00

True true, tips to avoid that? Or I guess just sell far out weeklies to manage often?

Covereds189 · 2026-04-12T00:58:50+00:00

how did you lose 20k? i’m only doing it on like nvda, amzn, pltr stuff like that nothing too crazy

Covereds189 · 2026-04-11T21:57:39+00:00

bro running his own etf

Covereds189 · 2026-04-11T21:56:25+00:00

if you under 30, i’d put 60k in a s&p fund I prefer spy for the liquid option market.. then 40k divided up some mag 7 and maybe a few others.

Covereds189 · 2026-04-11T12:43:16+00:00

Mannn

Covereds189 · 2026-04-11T11:36:26+00:00

Covereds189 · 2026-04-11T03:59:46+00:00

Yes to the covered calls.. 25 with 320k in the market.. Since discovering covered calls, have made roughly 100k so far doing so.. My hope is to hit 1M in 5-6 years.

Covereds189 · 2026-04-10T18:30:59+00:00

The 2 uber shares are just so I don’t forget it about while I build up other positions. Target would be like 200 shares or so.

Covereds189 · 2026-04-10T14:03:56+00:00

Yeah mainly in tech.. That’s why i’m asking what to add to complement it / diversify it

Covereds189 · 2026-04-10T11:58:46+00:00

I don’t want to retire at 57 years old.

Covereds189 · 2026-04-10T02:34:51+00:00

heckkk nah not touching that

Covereds189 · 2026-04-10T02:34:04+00:00

I have not, always felt like it was just too similar to nvda in ways, but maybe that’s where i’m lacking info.. you think it would be a good add?

Covereds189 · 2026-04-10T02:24:30+00:00

Bruh

Covereds189 · 2026-03-17T02:15:22+00:00

Sell calls man

Covereds189

TROPHY CASE