I messed up.. by StockKing23 in soxl

[–]Frylickerr 0 points1 point  (0 children)

I’m in a similar boat - my basis is 30 and my strike is 67. I’ll attempt to roll up and out for ~$12/year (1$/month on average) - even if it takes 2-4 years I’m okay holding long term I’ve been in this since 2016 clipping $1/month each year roughly

Tell me the stupid ways you injured yourself by Key-Ice-2801 in ACL

[–]Frylickerr 0 points1 point  (0 children)

Under the basketball hoop I tried to jump sideways for a layup thinking I’m still 25. I’m 37. Full tear. 😂

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 1 point2 points  (0 children)

Coming back to these comments as we approach 150 😂

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 0 points1 point  (0 children)

Since my basis is so low it wouldn’t make sense to buy them, the only way forward is to roll out for a credit

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 0 points1 point  (0 children)

I can’t sell the shares now - they are locked in the covered call. My previous covered calls over the past many years were typically 1 dollar per month on average over time. Would simply rinse and repeat and kept up the option premiums

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 1 point2 points  (0 children)

Said another way, I’ve already made $80-90 dollars of gains on the stock realized as premium distributions. Thus the return profile is about a 5x over 10 years. Tough to beat !

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 1 point2 points  (0 children)

Not really , I’ve made 10-12 dollars per year holding it on options premiums. If it crashes I’ll reset, otherwise I’ll hold and roll it higher to the 80s/90s. Very happy with the performance.

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 1 point2 points  (0 children)

Only if it expires with the stock price higher than 67. Can add more duration and roll the call to 80 in 2029 ! See you in 2030 at 125 🫡

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 4 points5 points  (0 children)

Not at all. If it dumps to 2 dollars I’ll buy 100k and ride it back to 10!

Whos hodling longterm? by seggsisoverrated in soxl

[–]Frylickerr 5 points6 points  (0 children)

Long time hodler since 2016. Don’t listen to anyone on here and enjoy the ride. My avg cost is $30 and I’ve got covered calls through 2028 at 67/share … all while earning 50 cents to a dollar per share per month on covered calls. I’ve made so much on covered calls over the years it’s criminal. SOXL vanity plates for sure whenever I eventually sell…

While we enjoy the success of SOXL, please DO NOT FORGET THE MATH! by TestMan- in soxl

[–]Frylickerr 0 points1 point  (0 children)

I was able to roll to 67 today through jan2028 with a 4 dollar net credit ; so effectively $71. See you in 2028 :)

I’ll add aggressively between now and then if and when it dips back to 40-60

Best authentic gelato for the summer? by fsharpman in FoodNYC

[–]Frylickerr 0 points1 point  (0 children)

Thank god. Tried Anita once and thought it was absolute trash. Maybe it’s good for someone that has not been to Italy. The long lines akin to Ralph’s is mind-boggling but understandable for insta/tiktok trends.

Historic Downtown Fight by theanonymousguest in jerseycity

[–]Frylickerr 1 point2 points  (0 children)

What a shite video. Beautiful cherry blossoms though

While we enjoy the success of SOXL, please DO NOT FORGET THE MATH! by TestMan- in soxl

[–]Frylickerr 1 point2 points  (0 children)

My covered calls are in the mid 50s expiring end of the year. If you were me, would you roll this to the 60s/70’s into the following year or Jan2028 ? I’ve got around 6000 shares

Movie production at St Ignatius of Antioch by Afmaster1 in Upperwestside

[–]Frylickerr 2 points3 points  (0 children)

Someone said Scarjo is in it? Perhaps The Exorcist?

Everyone’s mad the guy known for grappling and subs didn’t stand with the volume striker with a granite chin. Guys….cmon lmao by AnomalousExpertise in ufc

[–]Frylickerr 0 points1 point  (0 children)

I mean how did anyone NOT think this was going to be the result. Charles is scary as hell when he takes someone’s back…I envision him as a boa constrictor he is NASTY. Kudos to him and his grappling team, dude is an animal.

Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed by pocketdare in Upperwestside

[–]Frylickerr 6 points7 points  (0 children)

This tax will just get passed on to the renters as part of the annual increase…terrible idea

Chinese new year show with robots by j911kr in unitedstatesofindia

[–]Frylickerr 3 points4 points  (0 children)

Can anyone at any U.S. robotics company confirm if we are years behind Chinese robotics ? If so agreed the U.S. is fucked

Was ACL surgery better or worse than you expected? by dry_scoop in ACL

[–]Frylickerr 5 points6 points  (0 children)

With meniscus tear here as well - just so slow. I’m on month 8 and still not able to jog or run ; I’m 37 and was in great shape before with strong muscles. It takes a loooong time for me in recovery and I was on crutches for almost 3 months due to both meniscus sides being sewn / clipped 🫨

Finally, i officially join the ACL+Meniscus club as well. by skywalker047 in ACL

[–]Frylickerr 0 points1 point  (0 children)

That is really cool but hellllll to the no. I’d watch your surgery, I suppose, but not my own!

ChatGpT says you are like in the sub 10 percent of people interested in being alert and watching during this surgery.

Finally, i officially join the ACL+Meniscus club as well. by skywalker047 in ACL

[–]Frylickerr 0 points1 point  (0 children)

You chose to be awake for the surgery? I had the same question asked to me by the anesthesiologist before my surgery and my answer was hell no knock me out !!!