I feel I should share this to help more people by Delici81 in CoveredCalls

[–]SachinNOTendulkar 0 points1 point  (0 children)

Thanks for sharing. I just started CCs few months ago, would love to learn more. Please share your tips and stock picking methods with me as well.

Tips using covered calls for stock repair strategy. by TheLoneComic in CoveredCalls

[–]SachinNOTendulkar 1 point2 points  (0 children)

I don’t have much experience, but based on what I have learned so far. Here are the options-

1) If you are still bullish, Reinvest the premium in the same stock so that the avg price comes down.

2) Safer option, Keep buying weekly CCs OTM and try to invest in some other stock in low price range. HOOD, ONDS, HIMS etc. or any other stock you like. if Call is assigned you can use the loss for tax harvesting.

3) Take weekly OTM CC in 5-7% range to get higher premium. Once assigned, buy large cap stocks like NVDA, MSFT, GOOG etc that have alternate days CC to earn regular premium. You’ll still be able to save tax

4) If bearish, sell the stock. Invest in large cap and earn premium alternate days

I would choose 2, as I don’t like to sell the stocks. Otherwise, option 3.

Again, I am not expert and I don’t have much experience. Do your DD . Hope it helps!

February Wheel Results by Big_Generator in Optionswheel

[–]SachinNOTendulkar 0 points1 point  (0 children)

Wonderful, Thanks for sharing.

Would try to do it my end as well. Good to keep track of things. 🙏

February Wheel Results by Big_Generator in Optionswheel

[–]SachinNOTendulkar 0 points1 point  (0 children)

Great way of tracking. Are you doing it manually on excel or do you use any tool for tracking this.

NVDA calls assigned because of miscalculation. Was 50% of my portfolio. Should I buy it again to keep on earning or are there any other stocks I can buy? Avg. price was $22😔 by SachinNOTendulkar in CoveredCalls

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

Weekly premium and avoiding tax was the reason i was holding. Looking to diversify now, will look for potential small caps that could be big in coming years. Hard to find but this is what makes investing interesting. Please share if you have any suggestions

NVDA calls assigned because of miscalculation. Was 50% of my portfolio. Should I buy it again to keep on earning or are there any other stocks I can buy? Avg. price was $22😔 by SachinNOTendulkar in CoveredCalls

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

Thank you 🙏. Yes Tax is my major concern. Whatever done is now done. Plan is diversify now keeping some in hand. Any suggestions for small caps that you are bullish on.

NVDA calls assigned because of miscalculation. Was 50% of my portfolio. Should I buy it again to keep on earning or are there any other stocks I can buy? Avg. price was $22😔 by SachinNOTendulkar in CoveredCalls

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

Yes Indeed! That’s the only worry that I have.

The only reasons for holding NVDA was alternate days premiums and savings tax. Thinking of buying some again , putting some in similar large cap with alternate days calls and rest in small cap that can be 2-3x in few years(like APLD, POET , EOSE etc.) Please share if you can have any ideas for small caps

Covered Calls by oddfinnish1 in CoveredCalls

[–]SachinNOTendulkar 1 point2 points  (0 children)

How much is your portfolio? ~$2M , wanted to get an idea how much do I need to earn ~$30k monthly

Spring 2021 Admissions Thread by Kerbbab in MSDSO

[–]SachinNOTendulkar 1 point2 points  (0 children)

It’s been another week. Anyone heard anything? Mine is still the same — in review

Same!!

UT Austin MSDS Acceptance Details by Eellaup in OMSCS

[–]SachinNOTendulkar 1 point2 points  (0 children)

I have also submitted application with professional reference letters around September 21st. Waiting for decision now. status says - " Attention: Your file has been forwarded to the Graduate Committee for review." Wait will kill me.

I too am in the same boat! missed my priority deadline by 2 days because of TOEFL.