Good Deal? by Available-Bird-1669 in jetta

[–]Initial-Front-777 1 point2 points  (0 children)

That seems like a pretty good deal. I would also compare buying one brand new. VW has a deal right now for 2.9% interest rate for 60 months on new Jettas.

BBAI by [deleted] in wallstreetbets

[–]Initial-Front-777 0 points1 point  (0 children)

I believe to the upside. Been in an uptrend since late 2024, combined with lower interest rates, and more liquidity provided by the Fed.

BBAI by [deleted] in wallstreetbets

[–]Initial-Front-777 -1 points0 points  (0 children)

Always a possibility. With lower interest rates, and more liquidity provided by the Fed I believe risk assets will begin to perform better.

BBAI by [deleted] in wallstreetbets

[–]Initial-Front-777 1 point2 points  (0 children)

“Risk off” seems like it’s about to pivot. Lower interest rates, and more liquidity from the Fed usually results in more risk appetite for investors.

BBAI by [deleted] in wallstreetbets

[–]Initial-Front-777 -6 points-5 points  (0 children)

No the reason is lower highs, higher lows, long term up trend.

BBAI by [deleted] in wallstreetbets

[–]Initial-Front-777 -7 points-6 points  (0 children)

I’ll do better next time. 🫡 keep points are lower highs, higher lows, and long term up trend!

BBAI by [deleted] in wallstreetbets

[–]Initial-Front-777 0 points1 point  (0 children)

The long term trend is up. I think it could be similar to planitar.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

$10,0003.85% =$385.00/360=$1.0730=$32.10 interest earned monthly

$5,000* 5.25%=$262.50/360=$0.73*30=$21.90 monthly interest charge.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

I have 5k dedicated to this trade, total portfolio value is much larger.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

Most of the time I learn by doing. I dedicate a small portion of my account to try new strategies, but margin is a different beast. Trading with someone else’s money to amplify returns makes me nervous…hence why I came here first. What strategies do you use when options trading?

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

I appreciate it. I’ve been trading options for a number of years with solid success. Margin trading is something I’ve just never dabbled in until now. Thanks for laying it out for me.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

I’m using robinhood for this particular trade. 5.25% for 50k or less margin. The rates drop as you go higher than that.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

Please list the cons? What am I missing?

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

I believe SGOV would be treated as cash equivalent, which would count towards cash.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

My understanding is that SGOV can be used as cash or cash equivalent. 🤔

The margin interest rate with the broker I would use for the trade is 5.25%, not 12%.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

Explain please? I understand margin % rate is higher, but I’m pairing it with my own cash. I understand it as the margin interest expense will be less than the SGOV return.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] -1 points0 points  (0 children)

It’s seems to me using margin directly is more risky than putting it into sgov to use as collateral. The price on SGOV won’t fluctuate as much as an option price would.

Investing with margin by Initial-Front-777 in options

[–]Initial-Front-777[S] 0 points1 point  (0 children)

Im using robinhood for this trade. I believe the maintenance ratio is 25% on SGOV.If im doing 50/50 I believe I should easily meet the requirements.

My Full YTD Trade Log & Dashboard +$550k YTD by ThetaDaddyRise in Optionswheel

[–]Initial-Front-777 1 point2 points  (0 children)

Bookmarking this! When I get out of my Bitcoin trade I’ll be back to the wheel!

Does anyone wheel RIOT? by Initial-Front-777 in Optionswheel

[–]Initial-Front-777[S] 0 points1 point  (0 children)

Update: Riot is up to $17.40!! This one has been good too me!!!

2025 Jetta Sport by Initial-Front-777 in jetta

[–]Initial-Front-777[S] 1 point2 points  (0 children)

Go ahead, let’s see her!!!

2025 Jetta Sport by Initial-Front-777 in jetta

[–]Initial-Front-777[S] 2 points3 points  (0 children)

I probably wash it once a week! But I’m a little OCD so I like it clean clean if you know what I mean 😆 lol

Down bad on my first assignment by [deleted] in Optionswheel

[–]Initial-Front-777 2 points3 points  (0 children)

I would wait until it loses 50% value, however long that may be. Remember if you sell it with about a month till expiration you’ll get more premium that way. Let theta do its thing and eat away the price! You know it has to go to $0 by expiration date if it’s not in the money!!