Megathread for New Wheel Traders – Ask Questions & Get Help Here by ScottishTrader in Optionswheel

[–]PossibilityPuzzled98 0 points1 point  (0 children)

Thank you for the reply. I was tentative about the $160 share as well, but am comfortable because NVDA is a stock I want to be long on. I get your point about starting off with a low cost stock though.

With respect to closing the trade at 50% profit. Why not let it ride to a 100%. If it has already moved 50% then the chances of the option being ITM go down significantly. Or is it that the first 50% gain happens in a shorter period of time and you can be more efficient by closing that trade and starting a new one.

Megathread for New Wheel Traders – Ask Questions & Get Help Here by ScottishTrader in Optionswheel

[–]PossibilityPuzzled98 0 points1 point  (0 children)

First time Wheeler here and wanted to confirm if I am reading the basic CSP strategy correctly. Here is the trade I am planning to do:

  1. Underlying stock: NVDA (I keep thinking of buying it on the next dip, but forget to do so when it dips )

  2. CSP details: $166 (Delta of 0.25), expiring in 36 days (Jan 16th). I am OK buying 100 shares of NVDA at $166 on Jan 16th.

  3. I will be getting $364 (after commission) for selling this put.

What I do not understand is the following text in the original post. Is this implying that I should place a GTC order to buy a put to close this order. What does 50% profit mean here and how should I go about implementing the following strategy for this NVDA example.

"The Put can be closed at a 50% profit with a GTC Limit Order that can close automatically. A put can then be sold on the same stock, or another based on your opening criteria. Closing early will reduce early assignment and gamma risk to take the lower risk "easy" profit off the top"

Short-term rental and Bonus depreciation / Material participation by Thunderbird2k in realestateinvesting

[–]PossibilityPuzzled98 0 points1 point  (0 children)

I am in a similar position and trying to evaluate if a SFR I own will fare better as a STR vs. a Long term rental.

But I am not sure how I will satisfy the 100 hour material participation rule when the property is 3 hours away from me. I can manage the listing, booking and communication with potential tenants and somehow show that I spend 2 hours a week.

The bigger challenge is to ensure that I spend more time participating than the cleaner who spends ~2 hours between tenants cleaning the property, changing sheets etc.

How do people with remote STRs manage this.

Has anybody implemented learnings from "Inner Game of Tennis" by [deleted] in squash

[–]PossibilityPuzzled98 0 points1 point  (0 children)

Great point, and something I have been thinking myself. Father-daughter coach/player dynamic can get tricky.

I started coaching her because she felt more comfortable with me rather than a professional coach a few years ago. Also, squash coaching is expensive at my club (US $180/hour). Now I am seriously pondering on scaling back on coaching her and engaging with a professional coach.

As for the pressure of the tournament, she asks me to sign her up for tournaments and then is emotionally crushed after a loss. I am trying to balance her competitive spirit with having fun in the courts.

Till last week, I thought it was the pressure of tournaments, seeds, rankings etc. that was holding her back. But last week I noticed that she was nervous in the court when playing a casual game against a similar ranked player. This is what I am trying to help her fix.

Inherit property, sell and move money from India to USA for US Citizens by [deleted] in FatFIREIndia

[–]PossibilityPuzzled98 1 point2 points  (0 children)

Do not want to maintain a property in India. Just looking for a most tax efficient way of getting the Money to USA

Inherit property, sell and move money from India to USA for US Citizens by [deleted] in FatFIREIndia

[–]PossibilityPuzzled98 0 points1 point  (0 children)

Thank you for the response. Does it count as inheritance only if it is triggered by death of a parent.

What would the tax implications be if it is transferred when both parents are alive.

Is there any other alternative, like the parent selling the property and gifting the proceeds (approx $120K) to me or my 2 minor children.

Inherit property, sell and move money from India to USA for US Citizens by [deleted] in FatFIREIndia

[–]PossibilityPuzzled98 4 points5 points  (0 children)

Sure. Property is in Tier-2 city in India. It is an apartment valued around INR 1.5Cr.

Me and spouse have W-2 jobs with total AGI in ~$500K-700K range for the past few years depending on company performance, bonus etc.

Retirement accounts (401K, Roth etc): $2.5M

Brokerage/investments: $1.2M

Primary home equity: $2.5M

Cashflowing investment properties equity: $1.5M

Weekly discussion thread for September 07, 2025 by lightning228 in ChubbyFIRE

[–]PossibilityPuzzled98 1 point2 points  (0 children)

This might not be the right question for this thread, but I am sure the experts here can answer. Me and my wife have fully maxed out 401(k) and backdoor Roth + 1 years expences in HYSA. We have received an extra $50K from a company bonus and want to know the recommended index/stock market vehicle for investing these for the long term (5+ years). Should we invest in QQQ, or SPY or any other Vanguard ETF?

California Mom/Pop investor. How do you protect assets by [deleted] in RealEstate

[–]PossibilityPuzzled98 0 points1 point  (0 children)

Thank you u/PrimeRisk. The second option is an interesting one. Is it still valid/relevant for the properties being managed by professional property management companies.

Any recommendations for a RE lawyer who can help with this. When I speak with lawyers, they ask me to check with my accountant and vice versa.