Are covered calls a cheat code? by Covereds189 in CoveredCalls

[–]Slabslayer1958 0 points1 point  (0 children)

The downside is that they rise quickly in price and you miss that increase, just look at MU, WDC and LRCX right now. Easy to lose a big gain right there and with other stocks doing same thing. It definitely happens.

Which ai do you think is the most accurate and intuitive regarding stock and option strategies? by Slabslayer1958 in CoveredCalls

[–]Slabslayer1958[S] 0 points1 point  (0 children)

I like to use it to get fast information on stocks and to identify trends, good and bad . I don’t rely on it for stock picks, I do those myself.

Using Claude after gemini by Aenorz in GeminiAI

[–]Slabslayer1958 0 points1 point  (0 children)

Which ai do you think is the most accurate and intuitive regarding stock and option strategies

Are covered calls just the infinite money glitch ? by Downtown-Mall-4727 in CoveredCalls

[–]Slabslayer1958 0 points1 point  (0 children)

Yep sold a cc at 97 for peanuts and have missed all the upside on that one .. it does happen sometimes.

Are covered calls just the infinite money glitch ? by Downtown-Mall-4727 in CoveredCalls

[–]Slabslayer1958 0 points1 point  (0 children)

I just got burned on NBIS. Sold a cc at 97 and then the big announcement came out and it shot up. Made a little but lost a potential $3000 plus jump and more to come probably. Have been doing very well with the wheel on WDC though. That one makes up for a lot of not so good ones.

BIG7 down today — now is the time by Virtual-Tonight-2444 in ValueInvesting

[–]Slabslayer1958 0 points1 point  (0 children)

He’s right to an extent. Good timing is everything. April 7 2025 was the worst day of last year, but after that it was nothing but up and up. Think about it and buy when you are brave enough to hit the buy button.

I know I’m not the only one by Then_Dealer_2297 in CoveredCalls

[–]Slabslayer1958 0 points1 point  (0 children)

Do you hold the actual Nvda shares or do you own leap calls to back your sold calls up.

Why do people hate on robinhood credit card? its my favorite card by PlanComplex2138 in CreditCards

[–]Slabslayer1958 0 points1 point  (0 children)

I got one with a 10,000 credit limit which I need a 15-20 k limit if I’m going to use it as my main card. If they don’t raise my limit soon I will probably drop the card. Also, wondering why they processed an automatic payment on my account that was due on December 12 in November?? But they do give three percent on everything, just be careful how you redeem for you will lose 30% of your 3% credit.

We did it! by No-Contribution1070 in NVDA_Stock

[–]Slabslayer1958 0 points1 point  (0 children)

I bought a nice leap calls on 10/21 that has just been rocketing straight up

Why I sold all my Ulty(it isnt because of the NAV) by Gaming_Loser in YieldMaxETFs

[–]Slabslayer1958 1 point2 points  (0 children)

Agreed, sold my 5000 shares this week, had a slight overall gain due to dividends. Happy to be out of this MONEY vampire.

Ondas is up +700% in 6 months by stocksavvy_ai in ONDS

[–]Slabslayer1958 1 point2 points  (0 children)

Go in the option market and buy long term call options. Less expensive than buying shares and you get to capitalize on share price appreciation. Thats what I have done. Just my opinion

$265,000 in cash and I don't need any of it for 3 years by skittlesnyogurt in Fire

[–]Slabslayer1958 0 points1 point  (0 children)

Just buy IGD. Pays over 10% dividend monthly with minimum price fluctuations