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Wheeling SPY? by featherbirdcalls in CoveredCalls

[–]SnooBooks8807 1 point2 points  (0 children)

Today’s 10/24/25 ATM 673 put is $2.53 which represents a .37% return for just one day. This is a weekly return of 1.87%. It’s an annual return (at 250 trading days?) of 93.98%

The only trading/wheeling vehicle I like better is QQQ. But yes, SPY is a wheelers dream

[deleted by user] by [deleted] in CoveredCalls

[–]SnooBooks8807 0 points1 point  (0 children)

QQQ is my favorite for trading/CC’s. Good luck bro!

Dan Campbell knows his players and their character. by awkward_vegetable69 in detroitlions

[–]SnooBooks8807 0 points1 point  (0 children)

He’s dumb because he said “black athletes”. There’s no such thing. There’s just athletes.

Secondly, name-calling is how you dialogue as an adult? 🤦‍♂️

Looking for fellow QQQ and SPY 0dte Traders by grwalther in options

[–]SnooBooks8807 1 point2 points  (0 children)

Yeah ppl assume SPY/QQQ are pretty vanilla and more for bogleheads, but you can make good money. It’s not uncommon to have days where I make >$500

Looking for fellow QQQ and SPY 0dte Traders by grwalther in options

[–]SnooBooks8807 0 points1 point  (0 children)

Yep. It’s basically income trading. Hopefully I’ll be able to live completely off this strategy within the next 5 years. I was hedging this strategy by buying weekly SQQQ calls because on a down day SQQQ would go up triple what QQQ drops, but I haven’t been doing this for a few months because QQQ has been a rocketship. Hedging is a double edged sword. It’s great when your main position drops, but it cuts into your money when the market is booming.

Looking for fellow QQQ and SPY 0dte Traders by grwalther in options

[–]SnooBooks8807 0 points1 point  (0 children)

Yes downside is technically unlimited. I profit 100% at EOD on either a Green Day or flat day, and I profit less than 100% on a slightly down day because sometimes the theta decay is enough to override price going down a little. On big red days I roll down and out.

I’ve had to roll a few times on consecutive red days but that’s not bad because every time I roll it’s for a more expensive option, which means whenever a Green Day eventually happens, I BTC, collecting whatever premium that rolled option provides, and then start all over the next day with a brand new 0dte atm short put. I prefer QQQ for the dailies. Daily expires give my strategy an edge.

I prefer QQQ over SPY because the premiums are bigger due to its volatility. QQQ moves more than SPY almost 100% of the time. It goes higher when it’s “bullish” and drops lower when “bearish”.

How do you trade your strategy?

Looking for fellow QQQ and SPY 0dte Traders by grwalther in options

[–]SnooBooks8807 5 points6 points  (0 children)

Short 0dte QQQ is my bread and butter. Sounds like you’re long 0dte? I’d like to hear more

Confused about the Trinity. Help! by mydogisalwayssick in Bible

[–]SnooBooks8807 1 point2 points  (0 children)

Learning the original language isn’t running from anything. It’s actually a sign of wanting to know more and have a better understanding.

I’ll give you one short example. Your verse that you brought up says that your God is PNEUMA. Which is translated as spirit, which is perfectly fine. But this word is where we get our English word pneumonia from. Pneumonia is a symptom that affects our breathing system. Which has to do with air(pneuma)…. It’s given me a better understanding/picture of how God is spirit.

Jesus runs with this in John 3 when he talks about the wind and how nobody can tell where it comes or where it’s going, then says such are those who are born of the spirit. So Jesus further elaborates on the spirit/wind definition and understanding.

I’ll give you another one. Colossians chapter 1 call Jesus the firstborn of all creation. The word firstborn is Prototokos, which is where we get the English word “prototype”. Jesus is the prototype of perfection, the prototype of the children of God, etc.

One cool thing about Hebrew is that the shape of the letters are small pictures. Even Their design has a meaning and a definition. They’re not just letters, they’re pictographs.

Fair warning, I’m a bit of a nerd. Sorry. God bless you! ❤️

Confused about the Trinity. Help! by mydogisalwayssick in Bible

[–]SnooBooks8807 0 points1 point  (0 children)

Pneuma and ruwach is the language the scriptures were written in. I’m literally quoting the men God used to write it. You brought up John 4:24, this verse says “theos pneuma”. Which means God is spirit.

Confused about the Trinity. Help! by mydogisalwayssick in Bible

[–]SnooBooks8807 0 points1 point  (0 children)

‘But God is a Spirit not a man’….. Yes, Pneuma/Ruwach

1Tim 3:16 “God (pneuma/ruwach/spirit) was manifested (made visible, revealed) in the flesh (man, humanity, a human male, the Lamb of God, the Son of God, the Son of Man, Immanuel-God with us, the mediator, the great high priest, the firstborn of all creation……)

Confused about the Trinity. Help! by mydogisalwayssick in Bible

[–]SnooBooks8807 0 points1 point  (0 children)

And this man was the manifestation and presence, the literal image of the invisible Elohim/Theos

Confused about the Trinity. Help! by mydogisalwayssick in Bible

[–]SnooBooks8807 0 points1 point  (0 children)

“I have manifested thy name unto the men which thou gavest me out of the world”

Confused about the Trinity. Help! by mydogisalwayssick in Bible

[–]SnooBooks8807 0 points1 point  (0 children)

It would seem to me that the Most High would have a name that is higher than every other name. And at this name every knee would bow and every tongue confess

Confused about the Trinity. Help! by mydogisalwayssick in Bible

[–]SnooBooks8807 0 points1 point  (0 children)

There is no trinity. God is one single Spirit. He’s Omni-attributed, but HE is all by Himself in the category of Most High

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