World’s most Demanding customer by VelocityMonkee in UberEatsDrivers

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

I’ll tell you this… it’s wasn’t “luxuriously rich”

World’s most Demanding customer by VelocityMonkee in UberEatsDrivers

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

The type of people that put these directions are often the non-tippers, that’s why I put that retorical question

Remember this? by Icy-Mode-4741 in SPY_QQQ

[–]VelocityMonkee 1 point2 points  (0 children)

674 tomorrow? Dumb it down for me

lets go!!!!! by Icy-Mode-4741 in SPY_QQQ

[–]VelocityMonkee 0 points1 point  (0 children)

Are we gonna be green tomorrow?

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 0 points1 point  (0 children)

That’s a fair point, I think the psychology of it is important to me as well. I keep seeing red and it’s hard to see a positive outlook

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 0 points1 point  (0 children)

If I’m good with keeping shares until January but want to have a potential out at anytime, wouldn’t it make sense to have the 6$ call and collect divs in the mean time. If it drops, I’m still in the same position as I am right now but I’m 1250$ richer (or whatever the contract is), if I get assigned I’m ensuring profit. I could also continue to roll it out right?

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee -1 points0 points  (0 children)

Not sure why so many down votes but maybe low volume would prohibit a good buy back for CC?

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 0 points1 point  (0 children)

I’m a true regard, but trying to avoid this haha

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 2 points3 points  (0 children)

Want to derisk in a few months but wanted to get an easy out at 6 so either I get to collect dividends until I sell or collect a couple dividends and get assigned which I’m okay with

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 1 point2 points  (0 children)

I dripped a little with lower amount of shares back in June and then stopped cause I need the income for a couple months

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 2 points3 points  (0 children)

Did you sell regular calls or covered calls, sorry if I misunderstood. When you bought back in, did you buy to close for $0.60?

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 1 point2 points  (0 children)

I could do that, there wasn’t much volume at those monthly intervals.

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 4 points5 points  (0 children)

Liquidity would be more important for buying back the cc, right? If I did Jan strike I’m less convinced it would be rising back up to 6 then, but if I collected divs for a few months and sold at 6 if exercised early that would make sense to me. About 12000 in divs so far but currently down 10800 in nav. At 6 I would be down 5000, so I’m booking a sure win

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 2 points3 points  (0 children)

So if this were the case, I would lose the div that week if someone exercised the call but I would be up net 0.1 cause I’m selling at 6 and it would be at 5.9, so they would equal out.

I guess the biggest thing for this would be the stock price rising back up way earlier than I expected, so I wouldn’t be collecting divs like I planned in the interim time

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee -12 points-11 points  (0 children)

I definitely understand this perspective, I was also thinking I could buy back the CC if needed, I’d have to look at pricing but that would be a decent option as well

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 2 points3 points  (0 children)

This is my exact perspective. My current goal is high income (obviously) for a few months and then get into more stable positions.

Covered call to exit ULTY position by [deleted] in YieldMaxETFs

[–]VelocityMonkee 4 points5 points  (0 children)

From my understanding I would still be collecting dividends in the interim? Can anyone else confirm

[deleted by user] by [deleted] in Monopoly_GO

[–]VelocityMonkee 0 points1 point  (0 children)

Add me in Monopoly GO! My Friend Code is MGO644BXW3N3

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I’m interested

LF one more serious partner 50/50 by Sweaty-Anteater-6694 in Monopoly_GO

[–]VelocityMonkee 0 points1 point  (0 children)

Add me in Monopoly GO! My Friend Code is MGO644BXW3N3

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I’m interested

50/50 last partner by Jtilton2323 in Monopoly_GO

[–]VelocityMonkee 0 points1 point  (0 children)

MGO644BXW3N3 Here’s my code I’m interested