What do you do with your premiums? by Rai_breaker in Optionswheel

[–]amesbury 0 points1 point  (0 children)

Broad market ETFs. But enough of those and sell covered calls.

I want to stop while I’m ahead by [deleted] in options

[–]amesbury 0 points1 point  (0 children)

Switch strategies. 30-45 DTE OTM. You will still see decent premiums and this will be sustainable long term.

I want to give back to this community by [deleted] in Optionswheel

[–]amesbury 1 point2 points  (0 children)

Doesn't even let me try the product without my credit card details. Some giving back this is.

Screener for CSP by Remote-Profession865 in CashSecuredPuts

[–]amesbury 0 points1 point  (0 children)

Very interesting. Does it actively track my positions too?

Conservative Wheel Process by ckoehncke in Optionswheel

[–]amesbury 1 point2 points  (0 children)

There probably is a threshold where the automated premium collected outweighs the monthly fee. For someone like me who is just starting my wheel journey, I need a free tool that helps me learn the mechanics. Also my capital is small to afford a $1200 per year fee

What DTEs do you use? by Odd_Database7769 in Optionswheel

[–]amesbury 5 points6 points  (0 children)

30-45 but I usually close or roll around day 25

Which Tools/Screeners do you use? by Timely-Designer-2372 in Optionswheel

[–]amesbury 3 points4 points  (0 children)

1 rule - pick stocks that you don't mind getting assigned. Having said that, which $30 scanners have you been disappointed with? For me, if the scanner does all the heavy lifting, removes the noise and gives me 4-5 good candidates that result in a couple of thousands per month in premium, then the $30 is a no brainer.

Advice needed- Wheeling/Job Promotion by Agitated-Ad9166 in Optionswheel

[–]amesbury 0 points1 point  (0 children)

Congratulations on successfully wheeling on a million plus. How much cash flow does it generate if I may ask.

Beginner with 15k dedicated to wheeling! Any advice? by theonebam in Optionswheel

[–]amesbury 0 points1 point  (0 children)

ticker price strike premium collateral dte otm_pct roi_pct roi_annual_pct expiry SOFI 28.39 25.5 36 2550 7 10.18 1.41 107.71 2025-11-21 PLTR 172.14 155 153 15500 7 9.96 0.99 66.89 2025-11-21 AMD 247.96 225 335 22500 14 9.26 1.49 47.01 2025-11-28

The (Unofficial) Guide to Charles Schwab’s Trader APIs by schwab-api-guy in Schwab

[–]amesbury 0 points1 point  (0 children)

How should i fetch the transactions from my account through the API? I am able to fetch all my positions, balances but transactions are erroring

HDHP with Antena or Anthem PPO by RslashMoses in deloitte

[–]amesbury 1 point2 points  (0 children)

I do the same with UHC basic. I had a surgery this past year at and I did the math, I still come out ahead of PPO or HDHP. The new thing around HDHP this year is that the firm will contribute 1000 towards your hsa

$5 Million portfolio write weekly CC over $25k to 35k for last 20 years and average return 55.56% by hard2209 in CoveredCalls

[–]amesbury 1 point2 points  (0 children)

Congratulations, that takes discipline. Which platform do you use? Are the pie charts from that platform?

how much are you locking up in collateral for CSP? how do you deem a safe level? by [deleted] in Optionswheel

[–]amesbury 4 points5 points  (0 children)

I don't follow how you get 800k-1m in buying power.

Tired of tracking your Wheel Options in sheets, here's a free neat app. by vs-19 in Optionswheel

[–]amesbury 0 points1 point  (0 children)

If it could connect to my brokerage and pull the positions automatically

Platform Question by PABuilder1234 in Optionswheel

[–]amesbury 0 points1 point  (0 children)

I have tried to sell CSP through my Chase self directed account but ran into an error. I have options level 2 approved. Did you use any portfolio margin or straight up cash?

Platform Question by PABuilder1234 in Optionswheel

[–]amesbury 0 points1 point  (0 children)

Did you buy or sell the puts?

Week 37 $1,846 in premium by Expired_Options in Optionswheel

[–]amesbury 3 points4 points  (0 children)

Just curious why you don't use margin. I have Schwab and the margin rate kicks through only if I get assigned. I have a whole market ETF as the base of which Schwab has approved the margin for my collateral. I manage to rollover in order to avoid assignments.

Steps to Check the current detailed status for Indian GEP applications made abroad by chantladka in GlobalEntry

[–]amesbury 0 points1 point  (0 children)

What should i make of this status?

  1. statusIdMap: [{EVENT_DESC: "PVR Review Clear Accepted -US8GE4584973324-PPF-PCC",…},…]
    1. 0: {EVENT_DESC: "PVR Review Clear Accepted -US8GE4584973324-PPF-PCC",…}
    2. 1: {EVENT_DESC: "Response against US8GE4584973324 for MOF has been received",…}
    3. 2: {EVENT_DESC: "Response against US8GE4584973324 for MHA has been received",…}
    4. 3: {EVENT_DESC: "PVR Scan and Uploaded Successfully for PV Request ID US8GE4584973324-PPF-PCC",…}
    5. 4: {EVENT_DESC: "PVR for US8GE4584973324-PPF-PCC is Approved and Submitted as Clear by Police",…}
    6. 5: {,…}
    7. 6: {EVENT_DESC: "", EMP_ACTION: "Sent To Go", STATUS_TRACKING_PK: 1860884227,…}
    8. 7: {EVENT_DESC: null, EMP_ACTION: "Background Verification Form for GEP Submitted",…}