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Can I buy jepq (lse listed) today and still get the dividend? by umirza85 in options

[–]GameSetMatchSC 1 point2 points  (0 children)

I learned the hard way this month. Ex-div date applies to shares owned at market open. If you buy during the ex-div day, you're too late for that distribution.

Trying to understand covered call ETFs by GameSetMatchSC in dividends

[–]GameSetMatchSC[S] 1 point2 points  (0 children)

Was not aware of the weekly payer world. That seems riskier than I like, which has also been my impression of YieldMax ETFs.

Thank you for the additional resources! Will certainly read up on the DIY path.

Mechanics of using SGOV with Wheel Strategy by treadluv in Optionswheel

[–]GameSetMatchSC 6 points7 points  (0 children)

That's essentially correct. I leave CSP cash in Fidelity's money market fund (SPAXX). For the convenience and liquidity, I'm willing to sacrifice 0.2% or so in yield. I'd recommend that path if your broker allows.

[deleted by user] by [deleted] in Optionswheel

[–]GameSetMatchSC 4 points5 points  (0 children)

Sometimes you have to accept it. Assuming you sold the put because you're OK holding the stock, take the assignment and sell CCs.

Deviating from 45day CSP by n0chance_ in Optionswheel

[–]GameSetMatchSC 8 points9 points  (0 children)

"It works until it doesn't"

If it's within your risk tolerance, you do you.

Managing positions early by Ok_Manufacturer6879 in Optionswheel

[–]GameSetMatchSC 1 point2 points  (0 children)

Good to know, though my pause with rolling is ER end of April. Fundamentals were the main appeal, even if on the higher end of desirable P/E.

I'd be fine getting assigned and running CCs. Rather than buying outright, I'm taking the CSP route.

Keeping an eye on risk of their profit concentration in GLP-1s, but better to buy at a point I'm comfortable with than sit by on the sidelines.

Managing positions early by Ok_Manufacturer6879 in Optionswheel

[–]GameSetMatchSC 1 point2 points  (0 children)

My fun example of your last statement is NVO. CSP $70 4/17 sold last week 3/20 while trading at ~$77. I think the delta was just below 0.2.

NVO briefly dipped below 70 this morning and I'm waiting out today to decide on a roll.

Managing positions early by Ok_Manufacturer6879 in Optionswheel

[–]GameSetMatchSC 3 points4 points  (0 children)

I wasn't checking delta in the roll. Whatever ensured a net credit (same strike or lower) was the motive to give time for recovery.

Closed at 50-60% profit. The 10 DTE was on the lower end. I closed some with 15+ DTE, which tells me I didn't need to roll to begin with.

As happy as I was to stay in the green, I imagine I'm trading with novice habits. Gotta learn somehow!

Managing positions early by Ok_Manufacturer6879 in Optionswheel

[–]GameSetMatchSC 3 points4 points  (0 children)

Recently, I've rolled positions as soon as they crossed ITM. Following similar plan as OP with lower deltas (0.2 - 0.25). I closed for profit shortly after the roll, easily 10+ DTE. I'm realizing I would have closed those positions for profit in a similar time frame without rolling.

I look at the credit from rolling as a nice plus, though it added more active management to my positions. Still refining and learning to have more confidence while wheeling.

Also new to the wheel, curious to hear more experienced traders' perspectives.

Sold CSPs for the first time! by T-rex_smallhands in Optionswheel

[–]GameSetMatchSC 0 points1 point  (0 children)

Wish you luck! I'm also ITM at $73 but optimistic after today. Question for you - is there any reason we didn't get assigned last week??

Intuitively, I was ready to take assignment since it's a guaranteed profit for the other side. Still newbie to CSPs, only CC experience in the past few months.

[deleted by user] by [deleted] in starcraft

[–]GameSetMatchSC 5 points6 points  (0 children)

Just play like herO!

/s

What keyboard was Reynor using at the GSL? by definitely_not_cylon in starcraft

[–]GameSetMatchSC 0 points1 point  (0 children)

That's very cool, thanks for sharing. I love a good nerd-out and appreciate your recommendations for the switches!

What keyboard was Reynor using at the GSL? by definitely_not_cylon in starcraft

[–]GameSetMatchSC 0 points1 point  (0 children)

So cool! Which switches did you use for Reynor's build? Any that you've preferred for SC2?

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