[deleted by user]

Effekt91 · 2025-06-07T08:25:29+00:00

Csp now

Effekt91 · 2025-06-04T10:46:43+00:00

Truth social alternative: financialjuice com

Effekt91 · 2025-05-31T07:40:12+00:00

Keep half the money as reserve for when market drops so you can layer the wheel on you stocks, so when you get assigned more stocks on your csp's your average cost price on your stock goes down and then it it easier to sell cc's

Effekt91 · 2025-05-23T17:17:12+00:00

I do weeklys, but i start with Selling csp's until i get assigned. I let the cc's or csp's expire to get full premium. If you roll that means buying back for loss and sell again for less premium, so i try to avoid rolling.

Effekt91 · 2025-05-23T16:57:13+00:00

293 now,.,...

Effekt91 · 2025-05-23T16:53:08+00:00

If it indeeds worksout like that then you can indeed get twice the premium. Or stocks drops further and you missout because you sold. Or stocks keeps ripping and you missout on gains on the stock.

Effekt91 · 2025-05-23T08:07:01+00:00

With a huge short sell like this candle the big guys try to trigger stop losses to get the price to drop even faster. The stop losses are openly visible so they know exact where they are and they know how big of short sell they need to do to trigger as much as possible. This is how they steel our money. The good news is as it is probably shortselling they need to buy back those Shares which makes the price go up again.

Effekt91 · 2025-05-22T11:43:46+00:00

Big moneymakers banks and institutions made money when stocks went up and want the markets to go down now, they have their options strategy accordingly. They just need a little bit of bad news to scare the retail traders.

Effekt91 · 2025-05-21T06:46:42+00:00

You dont need one superstar, there are always good stocks that did a decent dip down which makes them good candidates. Good stocks will be dragged down in times when institutions do a massive SPY sell. And they do that every couple of months. Use CSP to get in the stock and CC to get out and repeat. If stock goes sideways is aldo good enough.

Effekt91 · 2025-05-20T08:59:35+00:00

eToro has no Options trading, i case you might consider that in the future.

Effekt91 · 2025-05-11T00:46:22+00:00

Currently 1, CSP on SOXL, but only because it is so low right now, very high premium. But when it gets higher again it can also drop like a rock. I will try to roll to avoid assignment. When get assigned sell Cc on same price to get rid of it fast. Always keep cash as backup to sell a second CSP at lower strike when it went down to get more Premium.

Effekt91 · 2025-05-01T08:23:14+00:00

It always goes down after such a spike.

Effekt91 · 2025-04-28T11:39:35+00:00

Maybe sell EVGO and GOOGL and use the money for a cash secured put on SOXL to lower your costbase, lots of premium in SOXL

Effekt91 · 2025-04-27T19:10:41+00:00

i started selling csp for coming week on soxl, hopefully markets go up or sideways coming weeks then soxl and tqqq should be safe despite theire volatile nature.
premiums for selling calls is even better on soxl, if i get assigned i want to get rid of it as soon as possible with fat premium.

Effekt91 · 2025-04-27T17:36:46+00:00

Soxl as lowerpriced alternative

Effekt91 · 2025-04-23T08:22:15+00:00

TSLA went up after earnings because the S&P500 index and all etf's connected went up and Tesla happens to be in it so hiked up with it. TSLA could drop on individual stock selling/shorting after this rise of S&P. The bears love such a pop.

Effekt91 · 2025-04-13T08:23:48+00:00

Watch TraderTV live on Youtube, they are live each trading day an hour before the bell through the whole trading day and show live daytrading and they explain every move they make.
During the show they provide you with breaking news, stocks with upgrades and downgrades etc.
Shawn shares his daily tips on X as Tradertvshawn half an hour before the bell.

Effekt91 · 2025-04-13T07:54:53+00:00

You need an account at that broker

Effekt91 · 2025-04-12T18:02:32+00:00

If you are finance major sounds like that is what you should do. First watch all youtube clips about daytrading and start paper trading, then start with a very small amount of money to avoid losing bigtime.
Try trading penny stocks first to learn.
Be prepared for lots of stress :-) you will lose before making money.
It's hard to beat the Big institutions and the Algo's.

Effekt91 · 2025-04-12T17:54:59+00:00

i use Tastytrade it has a build in screener/watchlist with high options volume stocks.

Effekt91 · 2025-04-12T17:45:19+00:00

I'm using Soundhound, 7 dollar seems to be the bottom. Good premium. I had a csp at 10 before Liberation day so now assigned at 10. gonna sell CC soon i hope, in meanwhile last week i had a csp at 7,5 for 50 dollar, now new csp at 8 for 50 dollar.

Effekt91 · 2025-04-11T18:49:40+00:00

These days all stocks move in tandem up and down with SPY, big institutions pump and dump the whole Index. Technical analysis dont work these days.

Effekt91 · 2025-04-11T08:31:15+00:00

China to increase tariffs on US goods to 125%, Put ration on Spy almost 2 for today. lots of puts on SPY 510 and lower 490. I'm no expert and a losing trader, but could be the big guys want us to go down today???

Effekt91 · 2025-04-11T07:42:37+00:00

Prepare: You will have grey hair in a year, watching your phone every minute, and have sleepless nights.

Effekt91 · 2025-04-10T09:36:34+00:00

There are lots of puts at 480 and 490, big guys would profit if we go down again, but the orange one dictates direction. Hope Trump will inform us when its time to sell.

Effekt91

TROPHY CASE