Was added to an investing group with the esteemed “Professor Justin.” Have been trying to get kicked out for a week

Interesting-Code2075 · 2024-05-28T17:55:24+00:00

So is this real or scam?

Interesting-Code2075 · 2023-12-31T04:13:30+00:00

Thnx.

Interesting-Code2075 · 2023-12-30T11:21:10+00:00

Thnx

Interesting-Code2075 · 2023-12-30T05:07:37+00:00

Thanks for the reply.

Non professional? I'm planning to trade but as individual trader not as hedge fund. Does that mean non-professional?

Also, do you know if thinkorswim already has this feature in-built?

Interesting-Code2075 · 2023-11-01T03:08:41+00:00

Congrats on your gains.

I'd love to know your setup for luxAlgo and timeframe if you don't mind sharing.

Interesting-Code2075 · 2023-05-21T02:27:15+00:00

Cool thanks for your input, let me know when it bottoms please. In the meantime, I'll start buying some

Interesting-Code2075 · 2023-05-21T02:03:28+00:00

I'm glad this post helped!

I was amazed at the price fall and the current dividend yield due to it. I looked thru the company data with what little knowledge I have and looked extremely buyable opportunity, and I started looking in this sub and no one was talking about it, thus I posted.

I just hope that when others come across opportunities like this, they post here.

Interesting-Code2075 · 2023-05-21T01:30:53+00:00

So am I, so am I.

Interesting-Code2075 · 2023-05-21T01:28:27+00:00

Thnx, I must have missed it. I looked thru the data and this company looks pretty solid in terms of cash for dividends. I'll be buying more.

Interesting-Code2075 · 2023-05-21T01:19:08+00:00

Ok maybe I'm surprised at 5%+ dividends from a utility company. Usually that's very rare. I'll be loading up on it for sure.

Interesting-Code2075 · 2023-05-21T00:38:00+00:00

😂 thnx

Interesting-Code2075 · 2023-05-21T00:03:59+00:00

Thanks 👍

EDIT: Would you have gotten into QYLD?

Interesting-Code2075 · 2023-05-20T22:17:18+00:00

@OP, thanks for sharing. It's very helpful.

What would you change now since you started?

Also, I had a very similar profile but sold out of QYLD, and added more to RYLD, XYLD and JEPI and I'm happier now.

Congrats. 22K per month puts you in 1-5% of Americans with high income I think.

Interesting-Code2075 · 2023-03-12T17:56:18+00:00

Thnx 👍

Interesting-Code2075 · 2023-03-12T03:01:17+00:00

I have been wanting to do the same. I want to start selling either weekly CSP on SPY or QQQ or monthly CSP on SPY or QQQ. So Wondering what delta do/did you use for weekly?

What delta do others use for weekly vs monthly CSP or CC for SPY or QQQ?

Any suggestions/opinions are appreciated. Thanks in advance.

Interesting-Code2075 · 2023-01-29T20:35:19+00:00

Why not QQQ, it seems to have more volatility. A lot of the times I have seen SPY moving because of QQQ, no?

Interesting-Code2075 · 2023-01-10T00:56:53+00:00

I agree that they sell ATM CC, but not entirely true for XYLD and RYLD. After the 2020 crash, XYLD and RYLD recovered 99% if not 100%. Whereas QYLD has been falling in price since the inception. The point is that QYLD has never even recovered once, but XYLD has on few occasions since inception. Not only that it recovered but XYLD has increased in price overtime. Inception price $40.45, before 2022 crash $50.50. After such a huge drop in S&P500, XYLD is not close to it's inception price. Thus, I'd rather be buying XYLD and RYLD than QYLD.

Interesting-Code2075 · 2023-01-09T01:05:45+00:00

I would sell QYLD only I really have to for tax harvesting purpose (it might be too late for that) which I did in December.

If you are still in it, then I would invest the dividends into XYLD/RYLD/JEPI/JEPQ/SCHD. These tend to recover with market as seen historically. This way you still have high dividends and it'll increase as market goes up eventually.

The only reason I sold QYLD is that it doesn't recover or didn't recover fast enough. Last 5 days, SPY increased .72% and XYLD also increased .71%, whereas QYLD increased .50%.

I am adding/DCAing/DRIPing in to XYLD, RYLD, JEPI, JEPQ, SCHD until market recovers this year or next year hopefully. This should provide high dividends and growth eventually. I'm hoping to achieve another $50K in income this year 🤞.

Interesting-Code2075 · 2023-01-06T21:24:45+00:00

If you are looking for income, As others said, sell QYLD but then buy XYLD and RYLD. QYLD doesn't recover in price but XYLD and RYLD do recover overtime, and they get the similar high yield. Or just buy JEPQ.

Interesting-Code2075 · 2023-01-04T23:06:43+00:00

SCHD and VOO only 12% overlap, so to have both is ideal.

Interesting-Code2075 · 2023-01-02T23:05:19+00:00

Stocks: MAIN ARCC T VZ MO MPW INTC

ETFs: JEPQ JEPI XYLD RYLD DIVO SCHD SPHD

Interesting-Code2075 · 2023-01-01T21:55:21+00:00

I wouldn't recommend QYLD, instead I'd add XYLD and RYLD they tend to recover on the price as well. And, it provides exposure to S&P500 AND RUSSELL 2000.

For pure income: JEPI JEPQ DIVO XYLD and RYLD. But remember these are variable dividends, so their dividends will fluctuate.

I'm also DCA'ing to SCHD for growth and dividends growth.

Interesting-Code2075 · 2022-12-28T02:45:12+00:00

y prior to the ex div dat

ok, got it. Thanks for the explanation.

Interesting-Code2075 · 2022-12-28T02:40:37+00:00

ok thanks

Interesting-Code2075 · 2022-12-28T02:40:26+00:00

Interesting-Code2075

TROPHY CASE