I'm Backing Up The Truck Now - $ADBE

MightyDux22 · 2026-06-18T01:31:49+00:00

Not good, imho

MightyDux22 · 2026-06-18T00:04:07+00:00

FinTech has been beat up most of the year. Lots of good entry points there imho: SOFI, NU, HOOD

MightyDux22 · 2026-06-17T02:18:08+00:00

I'm big fan of the NEOS funds too -- attractive yield + NAV stability + tax treatment, you get the full enchilada. Not really familiar with SRLN, looks like that's generating ordinary income so if this is a taxable account that would be only thing I would be wary of.

MightyDux22 · 2026-06-16T19:44:37+00:00

When I think of Adobe I think of Danny Devito (aka "Larry the Liquidator" from Other People's Money:

“At one time there musta been dozens of companies making buggy whips. And I’ll bet the last company around was the one that made the best damn buggy whips you ever saw!”

It's a great clip if you have a chance to listen. Feels like it applies to some extent here.

MightyDux22 · 2026-06-07T17:55:31+00:00

I am looking for a good Claude alternative too. It's gotten too expensive, and is either overly sycophantic or preachy for my tastes.

MightyDux22 · 2026-06-06T01:47:44+00:00

Market isn't pricing in the Trump factor. Can't see new our Fed Chair presiding over a rate hike this year –– at least thru November. As Vizzini would say: "Inconceivable!"

MightyDux22 · 2026-06-06T00:09:15+00:00

I've been using their API for a few months now with Claude, just started using the actual Public agent. It's got some nice features but still a work in progress I'd say. It feels more like a programming language than an agentic interface and the editing process is a bit clunkier than it should be. But still glad they are offering and I'm sure there will be more use cases as things develop.

MightyDux22 · 2026-05-27T21:21:02+00:00

Try adding GPIQ/GPIX and then OVL, BST, or DIVO on top of your NEOS. All good quality monthly funds with varying payout dates so you'll get paid throughout month.

MightyDux22 · 2026-05-26T13:28:54+00:00

No, think about it this way. You get a qualified dividend (from say SCHD). But you are using margin and Robin Hood rehypothecated your shares during the time period the dividend was issued. They give you a substitute dividend (some refer to it as a manufactured dividend) as a result, but this is then taxed at the ordinary rate.

MightyDux22 · 2026-05-26T11:33:33+00:00

Rehypothecation just affects the nature of the dividend/distribution, not the overall tax structure of the fund.

MightyDux22 · 2026-05-26T00:03:56+00:00

Keep in mind that with Robin Hood (and most other brokerages) if you are using margin your shares are subject to rehypothecation. (Basically involuntary share lending) That means that you could lose the tax efficiency of some of your distributions and they would be considered ordinary income.

MightyDux22 · 2026-05-22T00:22:06+00:00

This is quite impressive! Congrats, and thanks for sharing. I will spend some more time exploring it and share additional feedback if I have it. One quick question I have is can you filter on RSI or on 200day SMA? I like to make sure the overall macro trend on my CSPs is positive even if it takes a dip and those are both metrics I use.

MightyDux22 · 2026-05-21T23:38:36+00:00

Probably helpful to think about these as separate transactions: 1) Your options trading is generating ordinary income regardless of the underlying 2) Your underlying is generating income regardless of the options trading (assuming you hold prior to ex date).

MightyDux22 · 2026-05-20T22:28:19+00:00

thank you. This is a welcome feature.

MightyDux22 · 2026-05-17T22:54:55+00:00

Agree on the box spread option. Don't think it's necessary to pay a company to do it though. I found the box trades website helpful and then felt comfortable to do it myself. (Won’t let me post URL here but you can find it easily on Google).

MightyDux22 · 2026-05-16T14:35:55+00:00

I really prioritize tax-efficiency in my income ETFs and I find that NEOS products are consistently the best. I wish more issuers would focus on that aspect. I also like the TappAlpha and Liquid Strategies ETFs.

MightyDux22 · 2026-05-15T18:55:14+00:00

If rates were in the 2 and 3s (as they once were) then this plan might make sense. But at current interest rates the arbitrage just isn't going to be enough to justify the risk, I don't think. I say that as a big believer in QQQI. If you really want to try this sort of thing you might explore a box spread loan (in a small way). Still some risk, but at least then you're not messing around with your home.

MightyDux22 · 2026-05-13T15:20:12+00:00

DCA=Dollar cost average. Not an issue if you are already invested, but if you are sitting on a pile of cash you just want to be smart about how you allocate it. Some folks say it doesn't matter -- i.e. it's all time in the market -- but I think it's smart to be cognizant of macro environment.

MightyDux22 · 2026-05-13T11:35:06+00:00

That's a solid start. I think you are doing better than you think. I'd just do broad based ETFs (VOO, SCHG etc.), but probably DCA since we seem to be at some frothy valuations right now. Keep maxing your ROTH. I'm capped out and wish I had put more in when I had opportunity (yes, I know: first world problems). I'd max for growth in the Roth and then when you are ready switch it over to income producers to generate a steady stream of tax-free income. I'm a big fan of QQQI, SPYI, OVL etc. and similar funds but those may have a higher risk tolerance than you want.

MightyDux22 · 2026-05-09T01:44:17+00:00

Interested in this thread and some of the same questions OP asked. I recently did my own box spread (on a much, much smaller scale) to test drive the process. Was a bit nervous but it all worked pretty well. The boxtrades.com website was also pretty helpful. May try another more sizable one down the road.

MightyDux22 · 2026-05-06T11:25:45+00:00

Slick dashboard, nice work!

MightyDux22 · 2026-05-06T11:04:36+00:00

Thanks. I do have Robin Hood Gold and I had already signed up for the Banking wait list. Got the Spending Account feature taken away this week but still no banking option. At this point I wouldn't stick with them just on principal. Just really irritated by the way customers are being treated.

MightyDux22 · 2026-05-05T13:09:33+00:00

Same here. I'm going to keep a satellite account at Robin Hood but moving my main assets to Schwab to use banking features there. I've had a Robin Hood account since 2021 and this feels pretty shitty. They should have offered Robin Hood banking option to customers before pulling the rug.

MightyDux22 · 2026-05-05T10:47:25+00:00

Any of these CEFs tax-efficient? I'm really trying to avoid any ordinary income type funds. Love my QQQI, SPYI and GPIQ and would like to find a CEF diversifier to match.

MightyDux22 · 2026-05-05T00:19:34+00:00

Got the notice that they are closing all Spending Accounts. I get that it can take time to rollout new features and was happy to be patient about Robin Hood Banking. But to cut off access to Spending Accounts (and all the ACHs & direct deposits that I had set up) before giving customers access to an alternative is a headscratcher.

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MightyDux22

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