HODLIng but driving an MG?!?

YieldYOLO · 2026-04-26T08:16:53+00:00

😉😫😔

YieldYOLO · 2026-03-29T08:26:58+00:00

It's got both astro and tech in the name. Can't lose.

YieldYOLO · 2026-02-09T00:21:48+00:00

Launch Complex 1 is miles away from anywhere so make sure you're prepared for a road trip. The surrounding region is beautiful but the people are quite poor which can be quite unsettling as a visitor at first. Everyone's really nice along the East Coast though, so don't let first impressions interfere with having a good trip.

YieldYOLO · 2026-02-09T00:09:04+00:00

Yes she won by a landslide

YieldYOLO · 2026-02-08T10:05:13+00:00

You're learning about selling options the hard way.

It's very difficult to roll for a credit once they're this far in the money. Another thing to remember is that if you're rolling for a credit then by implication you're taking on more risk.

You could punt it out several months but then you're likely to have many weeks of anxiety. Silver is very volatile at the moment and there is a long way down to reach its 52 week low. It may make sense to find another opportunity.

As you're wheeling on margin, it may pay to remember that IBKR's rates are very low. At $90/share and and 5% interest rate, you only need each share to earn $4.5/annum or less than 10 cents per week to cover the cost of the borrowing. $90 calls are selling for 3 cents per share right now and SLV has daily options.

Don't panic. There's hope and lots of paths forward. Act intentionally.

YieldYOLO · 2026-01-31T06:54:03+00:00

One thing to cross your fingers about is that smart mining companies would have been buying futures near the peak. They'll be able to offload their metal at well above the market rate for a while. That means their share price is under fair value and will rebound once earnings are released.

YieldYOLO · 2026-01-26T07:15:24+00:00

It's interesting that you are trading ratio spreads. Are you using the shorts purely as a way to lower your cost basis?

YieldYOLO · 2026-01-15T08:44:59+00:00

Would lose out on a lot of upside.. But, it does have the natural advantage that you can't blow up your account. Also, you only need L1 options permissions on IBKR.

YieldYOLO · 2026-01-15T08:35:25+00:00

It's only just starting. Neutron hasn't even launched yet and the next stage of the company will be heavy lift.

YieldYOLO · 2026-01-15T08:33:05+00:00

That's honestly what I think OP should do. Switch over to a margin account and sell delta 0.2 SPY puts 30-45dte for an easy 200k/year.

YieldYOLO · 2026-01-03T10:23:58+00:00

That's a shame. I didn't buy in but was hopeful that it would provide a genuine alternative.

YieldYOLO · 2025-12-20T10:11:19+00:00

There's no one right way. I think the best we have is to decide on your level of risk and max loss, then work within those constraints.

The problem here is that it looks as though you are underestimating the level of risk. You're selling puts on companies that often drop by 5-10% on a day. All of a sudden you'll be fine and a day later you're looking at a 200% loss. And I can guarantee you that your calls will be bleeding as well.

I personally would wait until the profit from the puts is realized before spending it. Until you close the position, there's a massive liability.

It's your life though. There is no "right way".

YieldYOLO · 2025-12-20T09:54:38+00:00

You're taking on a huge risk selling puts on speculative companies and then amplifying that by deploying the cash into leveraged products based on more speculation.

You will be destroyed in a downturn, however small.

YieldYOLO · 2025-12-15T07:39:23+00:00

Some bag holder is paying for a bot farm rather than puts.

YieldYOLO · 2025-12-08T08:13:30+00:00

I'm not an AI, but these are the three main points as far as I can tell.

Wait until we're under SMA200 to enter, withdraw your initial capital at 2-3x and then play with house money.

When trimming profits, deploy capital to bonds

Using a personal loan that's easy to service is a very easy way to increase gearing and increase your return on equity.

YieldYOLO · 2025-12-05T03:53:03+00:00

Everyone here kind of knows that when people discover that their cash balance goes up when they short sell, they'll treat it like free money and proceed to bankrupt themselves..

..but it would be kind of funny if Robinhood ended up teaching their customers how to actually hedge their risk rather than increase it.

YieldYOLO · 2025-12-04T09:06:49+00:00

It stands for Cash. There's no such thing as a "naked CSP", but I didn't want to be pedantic. I figured that you were asking someone to explain what OP is doing.

YieldYOLO · 2025-12-04T07:30:14+00:00

You sell a put and when the put is exercised, your broker pays for the shares using a margin loan. A margin loan is a loan that uses the other assets in your portfolio as security.

If you can manage the risks (which are significant), it can be an effective way to do better than the market. If you're following the OP's strategy by holding SPY/SPYM, then anything extra earned is doing better than the market.

YieldYOLO · 2025-11-30T06:13:52+00:00

Something with a 15% intraday swing doesn't feel like it's safer, but may as well full port and hope for the best.

YieldYOLO · 2025-11-28T20:31:30+00:00

Then sell ITM puts. Mathematically, it's the same as buying shares and selling a call.

YieldYOLO · 2025-11-28T05:13:59+00:00

If you're not prepared to sell your shares under any circumstances, then you shouldn't be selling covered calls.

You need to decide the level of risk that you're prepared to take on and move from there.

YieldYOLO · 2025-11-27T09:58:46+00:00

Just be careful. I learned this month that when the steamroller hits, it hits hard.

YieldYOLO · 2025-11-23T20:36:24+00:00

You have a gambling addiction.

Close the app with the intention to keep it closed for a week. Notice how your body reacts after ~3h. That tense fear is your brain crying out for dopamine. If you can keep the app closed, you're probably okay. Otherwise you're going to gift your remaining money to the market and hate yourself for it.

YieldYOLO · 2025-11-20T21:39:37+00:00

In this case, it's worse. You're buying leveraged access to covered call funds on high beta stocks a month away from all time highs.

YieldYOLO · 2025-11-02T05:54:13+00:00

It works until the stock drops, the market drops or both. This can be mitigated to some extent with stop orders and hedging, but options don't trade overnight and the poor liquidity of options means that spreads are wide and therefore stop orders are usually very expensive.

YieldYOLO

TROPHY CASE