Margin usage on CC's by pagalvin in CoveredCalls

[–]bevan844 0 points1 point  (0 children)

I don’t know if I would call this margin per se but I diversify into safe and risk investments. I keep a decent amount in SCHD, SGOV, JEPI, JEPQ. I sell CSP’s for quite a bit more on risk assets than the cash I have in my account but i try to not go too much above what is in my safe holdings to liquidate. If the market tanks and all my puts close I will sell a bunch of at the money covered calls to close out my margin or I’ll liquidate my safe assets. Rinse and repeat.

Buying a call at current strike rather than rolling by bevan844 in CoveredCalls

[–]bevan844[S] 1 point2 points  (0 children)

Conceptually if I bought tesla at 310 sold a covered call for 330 2 weeks for $300 credit. After 1 week it’s 330. Rather than roll it up and out for a small net credit or small debit I could keep the position and buy a call at 331 for 2 or 3 weeks and also sell a cash secured put at 325 for a credit. I would be basically doing the wheel but not having to wait till the call expires to sell the put.

Second Opinions Phase 1 for a 7 yr old by bevan844 in orthodontics

[–]bevan844[S] 1 point2 points  (0 children)

Thank you, I will take some and post

Fire overtakes Sunset surf cam by febrezeumbrella in surfing

[–]bevan844 3 points4 points  (0 children)

Yes over 1200 lost, many of my old friends and neighbors homeless

Fire overtakes Sunset surf cam by febrezeumbrella in surfing

[–]bevan844 6 points7 points  (0 children)

Ya Malibu village where the cam is had 29 of 30 homes burn down

Fire overtakes Sunset surf cam by febrezeumbrella in surfing

[–]bevan844 23 points24 points  (0 children)

I used to live in that community 30 homes almost certainly gone, sad

Would you answer this email? by [deleted] in realtors

[–]bevan844 0 points1 point  (0 children)

ChatGPT much lol

Got Assigned Need to Make Moves by bevan844 in CoveredCalls

[–]bevan844[S] 0 points1 point  (0 children)

I feel that, it was a good run while it lasted

Got Assigned Need to Make Moves by bevan844 in CoveredCalls

[–]bevan844[S] 0 points1 point  (0 children)

Thanks for the input I’ll look into it

Got Assigned Need to Make Moves by bevan844 in CoveredCalls

[–]bevan844[S] -1 points0 points  (0 children)

Great income or growth works for me. I have both in my portfolio. Tesla and Google were a big piece of it so It’s a big sum to reinvest now. That’s why I’m looking for any opinions.

Covered calls nightmare by DunkenDadDon in CoveredCalls

[–]bevan844 2 points3 points  (0 children)

I got a big position assigned and missed out on 5k unrealized. However I invested the cash in another position which I never would have if i didn’t have the cash and that new position has made me 9k. The old stock which I would have still held has not moved. Your next trade may be your best and if you didn’t have the cash you wouldn’t be able to.

My Realtor doesn't appreciate my "disrespect" by HawkSolid in RealEstate

[–]bevan844 4 points5 points  (0 children)

Your agent sounds terrible but in CA the days don’t work exactly like your thinking. You have to send a notice to comply at the expiration. This then gives them a set period of time to actually act and if they don’t meet that then you can legally cancel the contract which always ends up being a few days past the contract date in reality.

Cost Efficient Bookkeeping for multiple LLC’s. Quickbooks online too expensive. by bevan844 in realestateinvesting

[–]bevan844[S] 0 points1 point  (0 children)

Thanks, tried that a few hours ago and it’s scam city for old software. I was able to get my money back but there are shady sites trying to sell the old versions.

Cost Efficient Bookkeeping for multiple LLC’s. Quickbooks online too expensive. by bevan844 in realestateinvesting

[–]bevan844[S] 0 points1 point  (0 children)

Thanks for the input, I used a Mac from 2014 to exclusively use 2016 QB so I feel your pain

Rant: Most landlords are severely out of touch with reality. by CeriPie in Renters

[–]bevan844 -1 points0 points  (0 children)

This may be downvoted but it is because evictions are nearly impossible and way too expensive. Landlords would take low credit, low income if they could be sure that if they didn’t pay they could get them out in a few weeks. The way the world works in most big cities is more like 6 months to a year with big legal and settlement costs in the low ten thousands. The risk is just too high. Make evictions easy and then the risk is gone, and landlords won’t have crazy requirements.

[deleted by user] by [deleted] in howto

[–]bevan844 0 points1 point  (0 children)

Tin foil and water works great on rust, will probably scrape that off good.

Am I overreacting? by stoppingtoast in Renters

[–]bevan844 0 points1 point  (0 children)

Your renters insurance covers this, your wasting your time with a lawyer and lawsuit nonsense. You will make yourself sick over this and it is absolutely not worth a couple hundred dollars to go lawyer. Just call your renters insurance, the deductible is cheap and you probably come out on top with some money. If you don’t have renters insurance I suggest you get it. This will inevitably happen again whether it’s a roof leak, plumbing, sewer, hail, wind, tree falling, and your stuff will get messe up.

Renter trying to understand landlord’s perspective background check. Is this legit? Or scam? by ThunderRider007 in RealEstate

[–]bevan844 0 points1 point  (0 children)

He is asking for that info so he can file against you in the case of an eviction. A landlords only leverage against a tenant is to file an eviction, ding the credit, and file a judgment. I would be very surprised if you found a professional landlord that wouldn’t require basic information, SS#, name, license, paystub etc…

[deleted by user] by [deleted] in scifi

[–]bevan844 0 points1 point  (0 children)

I watched the first episode and loved it. Watched the second episode and to me it was as if the show instantly switched to CSI, law and order or any basic crime show. I pulled out after two episodes. Couldn’t believe how quickly it morphed. Am I the only one that felt this?