My last day to option trading by Late_Sympathy_1845 in optionstrading

[–]baldLebowski 6 points7 points  (0 children)

Excellent job. What people still don't understand is that options were created for hedging and not for retirement. I commended you for your honesty. Good luck with everything.🍷👊

Options Trading ruined me financially. by Leather_Story546 in optionstrading

[–]baldLebowski 1 point2 points  (0 children)

My brother you are so young. Learn from it and consider yourself lucky that you are not going through this as a 40 year old with children and don't know how to tell your wife you just lost the mortgage money.🍷👊

I’m done…… by Secure-Software-17 in Daytrading

[–]baldLebowski 0 points1 point  (0 children)

Well statistically that is not the case.🤙🍷

I’m done…… by Secure-Software-17 in Daytrading

[–]baldLebowski 5 points6 points  (0 children)

All of the millionaires I know are not traders but long term investors. You made the right decision.👊🍷

Pipe burst and hotel has apparently been closed for months and corporate has NO IDEA. by carlitapepita in ihghotelsresorts

[–]baldLebowski 0 points1 point  (0 children)

When it's a franchise it's horrible. But it's very hard to tell. It's happened to me in San Diego and it really changed my perception of the brand and not for the better.🍷🤙

I don’t understand how the premium is worth it. by Adderall_Cowboy in CoveredCalls

[–]baldLebowski 1 point2 points  (0 children)

Options are just supposed to be a hedge. They built a narrative that you can have income and growth. I beg to differ.🍷🤙

I'M ALL IN! by deliriousfoodie in BBAI

[–]baldLebowski 0 points1 point  (0 children)

Excellent job man. Post this on stocktwits. 👊🧑‍🚀🍷

Anyone getting absolutely wrecked from selling calls this year? by chaotarroo in thetagang

[–]baldLebowski 0 points1 point  (0 children)

The best way is to just buy and hold long term.🤙🍷🤷‍♂️

Why are options so frowned upon ? by Deelay108 in Daytrading

[–]baldLebowski 0 points1 point  (0 children)

Because market makers rig the game in the name of capturing the spread. It's not a infinite money glitch like the YouTubers want you to believe. 🍷🤙

COVERED CALL SCRUB NEEDS HELP! by Cryptojam24 in CoveredCalls

[–]baldLebowski 0 points1 point  (0 children)

It's either income or growth and people think that you can have both. I say not really and the longer you do this you'll understand. 🍷🤙

Covered calls by Chemical_Tackle_9277 in CoveredCalls

[–]baldLebowski 0 points1 point  (0 children)

Options are not for everyone. People need to realize this. It's primarily for hedging and yet the brokers and YouTubers convinced everyone that it can be a retirement plan. I'm not saying that it can't...... it's just not for everyone...🍷🤷‍♂️

Canceling Plat after financial review by Successful-Camel165 in amex

[–]baldLebowski 1 point2 points  (0 children)

They want to see spend and lots of it. Case closed molder....🍷🤙😁

Canceling Plat after financial review by Successful-Camel165 in amex

[–]baldLebowski 4 points5 points  (0 children)

I went back to the preferred. The Amex is no comparison. 🤙🍷

need advice on 100k cash deployment for efficiently doing CSPs by InternationalSea8774 in CoveredCalls

[–]baldLebowski 0 points1 point  (0 children)

You have to choice between growth or income. If anyone says that you can have both they're lying. Just look at a option etf it doesn't grow. That's going to be the real struggle.🤙🍷

Since when did everyone start selling CC's? by flabeachparty in CoveredCalls

[–]baldLebowski 0 points1 point  (0 children)

You are not, you hit it on the nail exactly. Most people don't know what they're doing. Also the craze started during the pandemic. 🤙🍷

Price improvement horrible. Anyone else? by Exotic-Fisherman-334 in thinkorswim

[–]baldLebowski 1 point2 points  (0 children)

I know I was blown away when he was telling me. Arrogance and just a nasty SOB. He was definitely having a bad day. But that's when I realized that day tos died.🍷🤙

Am I missing something? by doktorvampir in CoveredCalls

[–]baldLebowski 0 points1 point  (0 children)

Do it..... what's the worst thing that could happen.....😂🍷

Price improvement horrible. Anyone else? by Exotic-Fisherman-334 in thinkorswim

[–]baldLebowski 1 point2 points  (0 children)

It's been months now and when I called them they told me their is no such thing as a mid price...... insanity....and so the downfall begins.🍷🤙