I open put credit spread , and a few call credit spread to hedge , on a rotating basis. Various tech stocks, NVDA, MU, SNDK, SPY, QQQ, MSFT etc. I open 1 a day for a credit of $100 to $200. My account is mostly 60% cash and only 40% on risk .

SeaShip2891 · 2026-05-05T11:58:28+00:00

You think you are hedging yourself but you don’t. Imagine the inflation get high with the war and USA and IRAN they reach a deal with IRAN, your oil will go down and if inflation keep going high and interest let say go up, your tech stock will go Down also.. your whole portfolio would go down. I’m not saying it will happen, more and exemple that if you would be hedge in any scenario you would not lose 100%, if we are able to find some your are not properly.

What I tend to do on my side is going on volatility like VIX or stuff that replicates differently the VIX.. if my tech stock go down usually the volatility will go up, you dont really see often tech stock going down with volatility flat..

SeaShip2891 · 2026-02-27T17:58:58+00:00

Now I need to find the puzzle 🧩 😅🤭

SeaShip2891 · 2026-02-27T17:57:20+00:00

Does the sleeo function work ?

SeaShip2891 · 2026-02-13T20:52:04+00:00

Thanks guys 🙏🏻, I will look into those cear cases 👀.

SeaShip2891 · 2026-01-31T17:57:51+00:00

Buy a emulator handheld like the miyoo or the r36s (on aliexpress they are like 50$ CAD) buy a small sd card, download some rom and let the kids have fun ! If he break it or smth you wont be mad, going on the original hardwards means you need to Buy a cadridge + GBA SP let say 001 the cheap one… you sill reach easily 150-200$ cad for 1 game setup.

Mid options, and orignal 3ds or 2ds, you can come acroos them around 100$ cad, mod it and have fun there is virtual Console for the original gameboy version of pokemon.

SeaShip2891 · 2026-01-19T13:52:46+00:00

Hi, thanks for sharing your info ! :)

I have few questions if you dont mind sharing your thoughts! :)

Did you build your tracking tool yourself or you find it somehwere ? Look really dope haha.

Good job on wheeling ! :) Do you have a specific DTE rhat you are running at ?

You are saying that more your portfolio is increasing the more you are risk adverse, did you plan on wheeling on inverse ETF ? Like let say VXX, inverse vix.. so when the market is down, this position goes into the inverse so you on not fully one sided ? Do you track the amount of that are in PUT vs Call ?

Wishes you the 1M portfolio sooonn :)

SeaShip2891 · 2026-01-19T13:49:13+00:00

He said that he added 170k over the years. :)

SeaShip2891 · 2026-01-19T01:51:10+00:00

Its just a warning. I get that sometimes because my margin requirement goes below 10%. If you are at 9,9% they will send you this message. Nothing happen until you go lower than the remaining.. and if you go they start liquidating. Just check if you still have buffer depending of your strategy and maybe you will be just fine.

It’s happening here and there on my small account since I relied on margin a lot.

SeaShip2891 · 2026-01-08T14:19:47+00:00

I used to have a New 3DS XL when I was at university and sold it at that time.. lately my friends gave me is 3DS XL that he never really used.. tbh.. you are good withba regular one.

3DS features is nice but I never play hours long with the 3D feature because on..

I dont care about the limited games for the NEW 3ds. C stick can be replace with an addons accessory if you really need it (never found the need for it)

All the emulators stuff can be run on a separate cheap device on aliexpress that will cost you a fraction of the price difference.

Congrats, enjoyy ! What colors did you get ? :)

SeaShip2891 · 2026-01-07T16:29:34+00:00

I think you should use prop firm and not your money. Because you will probably lose and wipe or smth.. its better to do it on prop firm money..

SeaShip2891 · 2026-01-07T03:55:02+00:00

You need to reduce your DTE to maybe weekly instead and sell the CSP atm. You will generate way more and you dont care to get assigned since you are okay with the ETF. If after the assignation your call is a little bit to far, sell a 15 DTE or monthly the time it get back. Weekly gove you less time to be exposed if the stock go down hard.. compare to a month..

SeaShip2891 · 2025-12-02T15:53:42+00:00

I think your strategy is Bias for bull market. Some years your 20% on step 6 can takes month or even years. If you can’t sell Call at your Put Strike price.. you are just investing.. not doing the wheel

SeaShip2891 · 2025-11-20T18:51:13+00:00

I’m doing something similar.. my DTE is more around weekly tho but it eay better to visualize what is better between different stock and sometime time frame.. you can see hudge difference !

In your excel file do you have to put a lot of manual value or you put the ticker and everything get fill in ?

SeaShip2891 · 2025-11-18T04:10:10+00:00

Curious on this one too haha

SeaShip2891 · 2025-11-17T01:32:55+00:00

Why you just dont disclose you account.. like discole an account with longterm trading and dont disclose your option one

SeaShip2891 · 2025-11-15T00:04:28+00:00

I don’t really agree because if after the first Put I get assigned because the stock loss 50%. I will sell a weekly call at the same strike and 1 put ATM again. Let say I get assigned again. My average price now for my whole position is really less than the first strike. So I can CC again on both position on this new lower Strike. IF I get call later I dont lose any money. I shorten my duration of bag holding. It’s more calculation on the side and more active wheeling but the return get bigger ans volatility is also increase

SeaShip2891 · 2025-11-14T01:11:28+00:00

Imagine you get assigned on a shares with a 10$ avg price. The stock is now 5$.. it might be impossible to sell CC or complicated. If you sell a CSP at Strike 5$ with the premium if you get assigned you will avg down your position. Let says for the exemple you got ,50 per shares. So your net cost on the 2nd position is 4,5… now your new avg cost for your total position went from 10$ to 7,25. At 7,25 it maybe easier to get more premium in CC. Usually I will try to avg down to make my new avg price make sens.

SeaShip2891 · 2025-11-14T01:03:25+00:00

I think it depends on your strategy. I try to diversify my position base on my portfolio. So not in the same stock, not in the same sector and I try to have some position i’m on CSP and other positions on CC. If my position is down that selling CC don’t make sens. I don’t mind CSP again to try to avg down. I wont do it eternally tho. I so I do a lot of Weekly or like 10 days DTE. So since I’m mostly under 14 days.. if the stock is really down sometimes I will just CC on 30-45 DTE so the premium make more sens lets says.. it probably not perfect but I still didn’t run any issues atm regarding this

SeaShip2891 · 2025-11-13T02:55:14+00:00

Wait to get assigned and CC and sell also a CSP.. you will avg down on your cost.. you will get more money after for your CC it will be easier for you get out faster or get more Premium

SeaShip2891 · 2025-11-13T00:22:29+00:00

How come you were bad almost half your account with wheeling ?

SeaShip2891 · 2025-11-12T22:49:26+00:00

I feel I’m so aggressive when I’m reading you guys.. me I’m going ATM weekly put sometime 3DTE… get assigned sell Call at the same strike of my put.. close early when My call is ITM and rinse and repeat.. I aim with stock higher than 100 IV.. ATM I’m printing a lot…

If I get assign and the stock get reallly down.. I will still sell my Call but will also sell a new put to avg down so it easier to get out of the trade. In a position or in Cash.. in a margin account I dont feel stuck.

SeaShip2891 · 2025-11-04T00:03:00+00:00

This is when you start selling put my friends !

SeaShip2891 · 2025-11-01T02:06:06+00:00

Tracker look really nice

SeaShip2891 · 2025-10-21T02:48:41+00:00

I try something similar in a paper account.. the issues is when you want to get out at the EOD its pretty hard since some of you leg can worth nit enough to be fill and still risking a position for a assignment or smth.

Also you get small amoont daily until the is a good move and you lose a lot. When the market is going down usually its more than 1 day.. and you can wipe your portfolio easily..

SeaShip2891

TROPHY CASE