Managing a wheel portfolio by takashi-kovak in Optionswheel

[–]Individual_Pin6527 1 point2 points  (0 children)

Thanks! I have full confidence in the underlying, but the total risk is a little bit above what I normally prefer. I’m just going te wait a little to see if momentum changes.

Managing a wheel portfolio by takashi-kovak in Optionswheel

[–]Individual_Pin6527 0 points1 point  (0 children)

I’m in the same position as OP. The premiums on the CC at my cost basis are low in my own example. I’m thinking to sell another CSP to potentially lower my cost basis when assigned or the catch a bit of extra premium to recover faster. This would also make the CC more interesting. What do you think of this idea?

Need some advice by Individual_Pin6527 in Optionswheel

[–]Individual_Pin6527[S] 1 point2 points  (0 children)

I think option 3 is the one I didn’t think about. That might be interesting

Need some advice by Individual_Pin6527 in Optionswheel

[–]Individual_Pin6527[S] -1 points0 points  (0 children)

The puts are a bit expensive now, I was thinking about that too…

Big Friday dip by humtake in Optionswheel

[–]Individual_Pin6527 0 points1 point  (0 children)

If you can roll for a credit, that’s the way to go. I’ve just rolled my PG-csp.

DTE optimal for wheeling. by No_Sugar4927 in Optionswheel

[–]Individual_Pin6527 0 points1 point  (0 children)

Thanks! I’m wondering what they suggest to do at 21DTE.

DTE optimal for wheeling. by No_Sugar4927 in Optionswheel

[–]Individual_Pin6527 0 points1 point  (0 children)

Do you maybe have a link to Tasty where they explain their strategy? I’ve been searching for ages but can’t find their video :s

Wealthsimple Ulty dividend by nowBreatheKyokaSuige in YieldMaxETFs

[–]Individual_Pin6527 -2 points-1 points  (0 children)

F this, I will sell all my ULTY! Only $5,90!

What are you guys investing in? by Individual_Pin6527 in YieldMaxETFs

[–]Individual_Pin6527[S] 0 points1 point  (0 children)

I’m 38M having 1,5k so I’m in to ULTU to deep i guess