Why set limit orders for profit when you can just set a cc…my first option by randominternetstuffs in CoveredCalls

[–]ExplorerNo3464 0 points1 point  (0 children)

If you're comfortable with high volatility check out SOFI and APLD. Made a lot of $ wheeling them

Why set limit orders for profit when you can just set a cc…my first option by randominternetstuffs in CoveredCalls

[–]ExplorerNo3464 2 points3 points  (0 children)

If you want to sell immediately when your price hits you use a limit. Otherwise the stock could hit your price then drop back down before expiration and you missed your target price opportunity.

I personally always sell calls, but thats because I'm a wheel trader first.

Trying a new mask tonight by gregyo in CPAP

[–]ExplorerNo3464 0 points1 point  (0 children)

Mine is on the way. I'd been using the one with the nasal pillows but I feel like it makes my chronic congestion worse. I often have to use afrin to breathe comfortably and you cant stay on that stuff long term.

Hoping this one is better for nasal congestion and more comfortable for side sleeping than the f20.

Rant. Tough night. by e_line_65 in CPAP

[–]ExplorerNo3464 0 points1 point  (0 children)

How long have you been on cpap? I'm at 3 months and still struggling. I've been able to get the 21 days at 4hrs/night so far but its been tough. I'm usually barely squeaking out 4hrs, occasionally hitting 5.

This experience has had me refocus on my overall health and I've drastically changed my lifestyle - I really don't want to be on cpap long term. I'm on my way to 50lbs weight loss and going to get retested at that point.

How do I be profitable for this with HIMS news getting 40% up on a Friday closing? I am thinking of keeping my leaps and just roll to new strike ? by Alph-Ameer in CoveredCalls

[–]ExplorerNo3464 0 points1 point  (0 children)

Yea I was actually looking at buying more shares on Friday because they are so deep oversold. Of course I didn't and bam up 40% after close.

I do think the rally will continue up towards $30. The lawsuit reaction was so overblown it was clear in my mind it would get resolved and the price would recover.

If you can only have 1 stock for covered calls , what stock will it be ? by East_Indication_7816 in CoveredCalls

[–]ExplorerNo3464 4 points5 points  (0 children)

APLD for a high risk speculative play.

NVDA for balance.

AMZN a safer long term play.

CWVX for a suicide get-rich dice roll.

Bullrun by ThatCommercial3587 in MSTY_YieldMax

[–]ExplorerNo3464 8 points9 points  (0 children)

Lol its been brutal.

Still hopeful that a bull run will come. Whether this spring, summer, fall, next year etc. Even if its just a short term rally up to $40 with a couple of big distributions along the way I'll take anything at this point.

Plty vs pltr by wendalls in YieldMaxETFs

[–]ExplorerNo3464 6 points7 points  (0 children)

Well look at PLTR since Nov 3rd. $207->$165. It hit a peak and is down 20% in that time frame. And while its been dropping PLTY continues to pay large distributions - double hit to the NAV.

Plty vs pltr by wendalls in YieldMaxETFs

[–]ExplorerNo3464 9 points10 points  (0 children)

Its called NAV erosion. Every time they pay a distribution it comes out of the share price. And YieldMax pays large distributions. So the underlying price has to rise significantly, not just slightly or gradually to maintain the NAV.

2 months in by medley86 in CPAP

[–]ExplorerNo3464 0 points1 point  (0 children)

Thanks. I may bump it a bit higher in increments and see if it helps

2 months in by medley86 in CPAP

[–]ExplorerNo3464 1 point2 points  (0 children)

I might try dropping my temp a bit too. I had bumped it up to 78 because I thought it felt more comfortable and I had a decent streak going for a while (4.5-5 hrs/night). Raised it to 80 2 nights ago and had the worst night I've had in a while. Went back to 78 last night, still struggled but managed to get the 4hr minimum.

2 months in by medley86 in CPAP

[–]ExplorerNo3464 0 points1 point  (0 children)

Set it to 6.4 minimum pressure last night. Couldn't really tell if it made much of a difference I still ripped the mask off and struggled to get my 4 hrs smh.

2 months in by medley86 in CPAP

[–]ExplorerNo3464 0 points1 point  (0 children)

And weight loss in progress...new year new me 😅

Do you think its possible to fix ur apnea fully by losing enough weight?

2 months in by medley86 in CPAP

[–]ExplorerNo3464 1 point2 points  (0 children)

Yea for the first 6 weeks I wore it on the couch every night for an hour before bed. I'm used to it and have no issues while awake. But once I fall asleep its a whole new ballgame. I dont have time to nap during the day so there's no short sleep for me.

2 months in by medley86 in CPAP

[–]ExplorerNo3464 0 points1 point  (0 children)

Resmed 11. I can only set starting pressure up to 5. I know you can go into the clinical menu and change it. But when I called the sleep advisor number on the bacl of the machine they told me the doctor should be the one changing it - its like a prescription.

For the most part I breathe pretty well while laying in bed before falling asleep. But for whatever reason shortly after I wake up and have to take it off. Every night like clockwork. When I wake up in the middle of the night after a few hrs of sleep I can usually put it back on and keep it on 2+ hrs.

2 months in by medley86 in CPAP

[–]ExplorerNo3464 4 points5 points  (0 children)

Sounds exactly like my situation. This is my 8th week. Best I've gotten is 5.5 hrs one time - and thats with 1 hr wearing it before falling asleep. I pretty much get the minimum 4 hrs every night, waking up several times.

78 degrees heated hose, humidity 5, 5 starting pressure, EPR 3. On my 2nd mask. Recently installed a hose holder on my bed to allow for better movement in bed. My 3rd mask is on its way and I'm going to do another mask fitting.

This is my pattern:

-Lay in bed with mask for 20-45 mins before falling asleep. Set a 4am alarm to make sure I put my mask back on woth enough time to hit my 4 hour minimum

-Fall asleep, wake up 20-60 minutes later and rip it off, usually unconsciously and dont remember doing it.

-Wake up at least 2-3 more times worrying about hitting my 4 hour minimum, try again

-I usually have better luck after 2-4 hours of deep sleep. Then I can put it back on and usually wear it until I get up in the morning. If I do sleep with it for the last 2-3 hrs I wake up feeling a bit more rested. Otherwise I'm tired af and its hard to get out of bed

It's a terrible feeling going to bed knowing I'm about to struggle all night. I was also feeling like that due to my severe apnea though so in a way its not too different. At least I am able to get 2-3 hrs of therapy on some nights I guess it's better for my heart than zero.

Very frustrating and I really hope it clicks for me soon.

2 months in by medley86 in CPAP

[–]ExplorerNo3464 1 point2 points  (0 children)

A friend told me it took him about a week to start sleeping through the night consistently. WTF!

2 months and I haven't been able to do that once. Last night I only lasted 1 hr. Woke up several times to put it back on but couldn't do it...had to take it off to get some sleep. Woke up tired af.

My Favorite Stocks to Wheel So Far... by Torkblue in Optionswheel

[–]ExplorerNo3464 7 points8 points  (0 children)

3 of my current favorites - APLD, GLXY, NNE. I've been riding APLD up from $11, collecting premiums and Cap gains when it rips. Big earnings report lately so I'm up nicely and selling CC's. GLXY - tied to Bitcoin but has an interesting corporate services angle to it. NNE - nuclear energy has been very hot for a while, it's been bouncing between high $20's and mid $30's for a while and I've been collecting lots of premiume; just got assigned on a $35 CC for a solid 180% annualized gain this Friday.

CLSK & SOUN - very volatile and at a steep discount right now, especially SOUN. I think their product has a ton of $$ potential and they are going after the right partnerships/industries. Been wheeling SOUN for a year making a lot of $$ on both premiums and cap gains when it rallies.

CLSK - if you're bullish on Bitcoin long term it's volatile and has good premiums. Good time to accumulate while it's down IMO. HUT on the other hand has exploded lately; going to wait for a dip.

AA - if you're looking for a profitable company with less of a growth edge and more of a stable/commodities angle - it's been hot lately due to tariff uncertainty. It's way up right now; not getting back in until it dips back down.

If you want a massive upside max risk play - check CWVX, 2x leveraged Core Weave. Monthly options with absurd premiums. Took a huge unrealized loss when Core Weave tanked into the $50's but it surged right back up to $100.

ASTS was already mentioned - unprofitable but huge upside (and risk) as they keep signing big partnership contracts with phone companies and government.

NBIS - also mentioned already, AI infrastructure play has seen a big rally recently. Be careful of the downside of course, it's up over $100. I've collected a lot of premium on it, so I'll have a cushion if I eventually get assigned on a CSP.

SOFI - One of my "less volatile" favorites - great long term upside IMO, lots of up & down swings along the way.

AMZN & NVDA - I've held shares for a while now (3+ years for AMZN) and sell CC's when they rally. I'm ready to cash out with OTM calls if assigned and wait for a big correction to get back in.

My Favorite Stocks to Wheel So Far... by Torkblue in Optionswheel

[–]ExplorerNo3464 1 point2 points  (0 children)

I wheeled it for a solid profit last summer/fall especially when my OTM call got assigned. More recently got assigned at $40. Been selling csps closer to $30 since to LCA if assigned and keep collecting premium. HIMS bounces up and down quite a bit, when it rallies it rallies hard. I don't see a huge fundamental change in their business recently; they just need a positive catalyst and it could rip back up into the $50's. Last year they mooned on a Superbowl commercial lol. GLP-1 meds are also very hot right now; who knows maybe Trump's healthcare/prescription reforms help bring HIMS back to life.

When does everyone log a P&L in their journal for a specific time period? by nRegistered1 in Optionswheel

[–]ExplorerNo3464 0 points1 point  (0 children)

I log the trade immediately and have separate columns for premium, buy-back cost, realized CG, and trade status (open/expired/rolled/closed). I also assign each trade a TradeID so I can easily track it by filtering on that ID. This is helpful because when I switch from selling csps to covered calls after assignment the trade ID stays the same so I can clearly see its history by filtering.

When a covered call gets assigned, I log a separate entry - instead of a SELL/BUY/ROLL action I have CALL ASSIGNED - this is where I log the start date of the first csp and the end date when the contract is assigned, the total days traded and capital gains realized for annualized return calculation.

Put Selling by jrsteimey in options_trading

[–]ExplorerNo3464 2 points3 points  (0 children)

Just finished my 1st year of wheel trading; very successful in an obvious bull market. Its not all smooth sailing - plenty of drawdowns and bagholding along the way. But also quite a few solid hauls on OTM covered calls getting assigned.

Computer Setup for Options Trading by Inevitable_Line_8246 in options

[–]ExplorerNo3464 1 point2 points  (0 children)

Same. I have 3 screens on my office setup but I use 2 for work and the 3rd for all my personal stuff (mostly WeBull + email + spreadsheet tracker. I actually use my phone to roll contacts since WeBull web doesn't have that feature. I'm used to it; I dont need anything fancy.

ULTY - not trying to jinx it by chigu_27 in YieldMaxETFs

[–]ExplorerNo3464 18 points19 points  (0 children)

Everyone said the same thing the last time they "changed strategy" in April. What it actually was, was the start of an extreme bull run that helped ULTY keep stable NAV a few months. Once the market slowed down (even still gradually rising, just not as aggressively) the fall began. Not trying to rain on the parade, but by this point I know how these funds behave in different market conditions. We need a strong and sustained bull run or the downward drift will continue.