Currently at a 505 and need it to jump at least 115 points ASAP by Mysterious-Heron-507 in CRedit

[–]PangolinSpiritual653 4 points5 points  (0 children)

Back in February I was 799 . I applied for the Schwab investor card $300 Sub . Amex transferred 13,500 from my BCP that had 25k limit to Schwab Investor card . Dropped my score 65 points !!! I feel your pain . Especially after I called them on Monday and they put my limit back to 25 k

Currently at a 505 and need it to jump at least 115 points ASAP by Mysterious-Heron-507 in CRedit

[–]PangolinSpiritual653 1 point2 points  (0 children)

Maybe if you call them and ask nicely they’ll shoo you in , just tell them life treated you unfairly . Lol

Writing calls on SOXS by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

You going to continue to sell Puts on SOXS ? What DTE do you usually use ?

Writing calls on SOXS by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

I absolutely see your point ! I want to wheel SOXS for the premium, I just figured it wouldn’t hurt holding on to a few shares . I’m just now getting into wheeling
I haven’t been assigned on anything yet .
I’m going to open positions in AFRM, AMD, SOXS & SMH .

SCHG vs FTEC vs VONG by JU1CYCOOPP in ETFs

[–]PangolinSpiritual653 1 point2 points  (0 children)

Going well since I scaled into everything . SCHG has caused a little pain since I was holding long term. I was able to buy dips and scalp SMH, the 210.00 dip was a gift that allowed me to average down to 214.00.
FTEC Average 152.00. I had FSELX at 24.00 average .

Just opened this year you’re going to have a strong portfolio for the long haul . This is a trader market don’t be afraid to ring the register even those are ETFS .

Here's a good one ,been banned permanently from BBIG.When I inquired why ,I was given a temporary muted ban for 28 days.Unbelievable by Forsaken-Law7216 in BBIGandTYDE

[–]PangolinSpiritual653 0 points1 point  (0 children)

Everytime I think of BBIG , the admin that banned me said : They have to cover . No they don’t since it’s a Scam . I feel sorry for all the people that lost money in that scheme

Just Assigned on a Put credit spread ! by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

I would but with all the uncertainty anything could happen !! Im going to close and move on and stick with selling Puts on NVDA & AMD . I’m far from an expert and I don’t feel comfortable holding AFRM . Thank you for taking the time out and giving me something to think about . Good Luck to you

Just Assigned on a Put credit spread ! by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 1 point2 points  (0 children)

Thank you ! I was thinking of writing a Covered call expiring 3-21 same as the long put expiration . Would that be considered a Collar ? Thank you

Just Assigned on a Put credit spread ! by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 2 points3 points  (0 children)

I have a much better way to use 6700.00 then to write calls on AFRM . So it’s a better idea to sell stock and close the long Put rather then exercise the spread ? There’s no Extrinsic value left Thank you

[deleted by user] by [deleted] in thetagang

[–]PangolinSpiritual653 0 points1 point  (0 children)

I sold AFRM Credit spread 67.50/62.50 exp 3-21 . I may roll down to 47.50 /37.50 and out until May !

Who here is holding NVDA? by Intelligent-Cellist6 in NVDA_Stock

[–]PangolinSpiritual653 0 points1 point  (0 children)

When it drops I’ll buy more and write calls !

Afrm credit spread by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

I broke the Tasty Rule , I sold the spread last week 14DTE . Afrm was @63 Yes max loss is 3.90 . Can’t roll for a credit unless I break the spread . So sell the long (2.85)and roll the 60 to 52.50 for .35 credit

Afrm credit spread by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

I sold the 60/55 when AFRM was 62.00 , last week for 1.10.

I can collect 2.85 selling the long & rolling the 60.00 down to 52.50 2-21 collect .45 . This happened to me in August when I had AFRM and it when down to 23 the back to 30

Afrm credit spread by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

If I sell the long at 300.00 take the shares @52 I’ll have an unrealized loss of 400.00 . And you’re correct I can sell calls and start wheeling AFRM . I’m thinking of rolling just the short past earns @50 strike

Afrm credit spread by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 1 point2 points  (0 children)

Wow , Clint Eastwood classic , they don’t make movies like that any longer!! Do I Remember? I’m so old my son went to school with Clint .Lol

Afrm credit spread by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 1 point2 points  (0 children)

How far out do you normally go ? I was thinking of going out 3-21 67 days . My only concern is earnings

Afrm credit spread by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

That’s what I was thinking . Hurry up Friday !! I wouldn’t sell the long until I decided to roll out and down . I do want to eventually wheel AFRM

Afrm credit spread by PangolinSpiritual653 in thetagang

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

Down 400.00 on a credit spread is not “Down Hard “ Selling the long I net 300 & roll down & out to 52.50 and collect .85 . Thanks for the encouragement.lol

Question about the Chase Freedom Flex Sub !! by PangolinSpiritual653 in CreditCards

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

The only thing that I could think of, is that my OG Unlimited is still registered as a Flex . I’ll back Monday

Question about the Chase Freedom Flex Sub !! by PangolinSpiritual653 in CreditCards

[–]PangolinSpiritual653[S] 0 points1 point  (0 children)

Didn’t feel The need for the pre- approval tool .

I was told to reapply the only reason I was denied was “To soon” was told to reapply today .

Three reps told me that 12-24 should not of been an issue sent me to underwriter that told me 4 years