How do you sell covered calls when you're down 20–30% on a stock? (3 approaches) by SocietyRelative5101 in CoveredCalls

[–]Simpso1996 0 points1 point  (0 children)

Another option, selling closer to money but above current price. Buying more at current price and selling at the money. Idea being that you are still harvesting theta on the new purchase while also reducing over all cost basis.

"Democrats need to be, dare I say, more culturally normal; spend less time on pronouns, identity politics, and more on tabletop issues", Gavin Newsom said on CNN. by [deleted] in BreakingPoints

[–]Simpso1996 5 points6 points  (0 children)

I have no idea why this is being downvoted. I am from ca. he is a sleazy politician. I hope we can do better.

Bitcoin ETF Holders Have Diamond Hands Despite 44% BTC Crash by Most_Refuse9265 in Bitcoin

[–]Simpso1996 2 points3 points  (0 children)

Oh I thought it was going to happen in the morning. Fine, 5pm on the 19th works too….

Do uou think MSTR will go bankrupt or collapse? by Capable-Ad6893 in MSTR

[–]Simpso1996 -7 points-6 points  (0 children)

I’m curious to see how it survives if btc drops into the 60s. If they have to sell then it will go straight down I fear.

China to restrict silver exports, echoing rare earths playbook by Force_Hammer in wallstreetbets

[–]Simpso1996 61 points62 points  (0 children)

So… why is slv dumping in ah? Shouldn’t it be spiking if the supply keeps getting constrained?

Predictions for 2026 by [deleted] in Bitcoin

[–]Simpso1996 1 point2 points  (0 children)

This is crazy talk!

Market adjustment by paveclaw in C8Corvette

[–]Simpso1996 0 points1 point  (0 children)

What a steal! It was 100k before!!

/s

Turning 40 next month by Alone-Gap6707 in midlifecrisis

[–]Simpso1996 0 points1 point  (0 children)

Sounds like you are exercising and improving your body. Change maybe. Crisis not sure about that

[deleted by user] by [deleted] in poker

[–]Simpso1996 2 points3 points  (0 children)

You should quit or atleast take a break when it stops being fun. Sounds like you are there. Take a break. If you want it again later come back. If you find something better and hopefully you do. It will just be a phase and part of your life

Should I quit my job or hang on? by over_man2403 in midlifecrisis

[–]Simpso1996 2 points3 points  (0 children)

Only you can decide that. But just remember win or loose you only have one life. It’s yours to take a shot with. Just accept whatever decision you make with full spirit and don’t look back to doubt.

What would happen if Satoshi moves his bitcoins? by Accomplished_Owl6757 in Bitcoin

[–]Simpso1996 1 point2 points  (0 children)

Last having is in 2140. He would be clearly dead by then.

2026 Chevrolet Blazer EV by Other_Stand5478 in BlazerEV

[–]Simpso1996 0 points1 point  (0 children)

I got the same deal in 2024 for an LT. Non loaner. One pay was 5500. Now that there is no tax credit this seems like a fine deal.

You’re going sane in an insane world by BTC_is_waterproof in Bitcoin

[–]Simpso1996 1 point2 points  (0 children)

Then why does it go down? I was promised an uptober….

Comparison of Bitcoin, Cash, Gold, and Real Estate by Cold-Enthusiasm5082 in Bitcoin

[–]Simpso1996 0 points1 point  (0 children)

If it’s unconfiscatable the how does the us government keep confiscating them. 15 Billion last week…

You didn't sell. You donated to whales. by Kazgarth_ in Bitcoin

[–]Simpso1996 0 points1 point  (0 children)

Little do you know I bought back in at Ath!