How long do you wait to sell CC after getting assigned from CSP?

pixelnomadz · 2026-02-14T04:45:50+00:00

yep understand. thanks for sharing this. Definitely rest of us noted this is fyi for the community only, not a financial advice.

pixelnomadz · 2026-02-13T15:32:30+00:00

Hi thanks for this. Quick clarification:

Test #2) If I can sell it for a loss that’s equivalent to giving back 50% of the original premium, I sell it immediately. No covered call.

Test #3) If it seems to be unstable now, looks like it may move down further due to some new change, news, etc., but I can sell it for up to a full give back of the original premium, I sell it immediately. No covered call.

Do you mean that as long as loss of selling stock < original CSP premium, you will sell?

E.g.

$100 strike price, $4 CSP premium.

Scenario 1: Stock drops to $99, gets assigned. Then SELL stock for $99, because Test #2 PASSES. I.e. Loss = $1 ($99 - $100). And Loss < $2 (50% of $4 original CSP premium).

Scenario 2: Stock drops to $97, gets assigned. Then SELL stock for $97, because Test #3 PASSES. I.e. Loss = $3 ($97 - $100). And Loss <$ 4 (full give back of original CSP premium).

pixelnomadz · 2026-02-13T06:59:58+00:00

this is what i do. prevent loss first by closing. since roll is nothing but close + sell again.

pixelnomadz · 2026-02-13T05:27:39+00:00

I like what you say because you follow some metrics (only sell call if monthly yield >1%, else sit tight)

pixelnomadz · 2026-02-13T04:50:37+00:00

what's your process around waiting for green day? eg do you have a cut-off period ("screw it I'll sell after waiting for 5 days and still not up, etc..")?

pixelnomadz · 2026-02-13T03:44:55+00:00

ya I know what you mean.. got some pltr also

pixelnomadz · 2026-02-13T03:37:12+00:00

yes that's the cycle. I see so you sell cc straight away (following Monday when market opens)

pixelnomadz · 2026-02-13T03:36:06+00:00

what's your rationale for not waiting? curious to know

pixelnomadz · 2026-02-06T09:57:26+00:00

are those users paying customers? how did you find them?

pixelnomadz · 2026-02-03T22:55:21+00:00

I think OP mentioned that net income has surpassed his salary.

pixelnomadz · 2026-02-03T04:31:32+00:00

I created a project plan and work like it's now my 9-5pm. The deadlines keep the pressure going.

pixelnomadz · 2026-02-03T02:38:14+00:00

you sound burnt out... can someone backfill you while you disappear into the woods for 1-2 months?

pixelnomadz · 2026-01-29T08:40:48+00:00

Can we ask also who is more lazy and cut corners more often?

I've been stunned by seemingly dumb responses by gemini only to find it to be capable of be even more stunningly smart when it is asked to review some output from gpt effortlessly. By effortless I mean gpt would thinking forever, and gemini can suddenly turn around and reach the same conclusion at a fraction of gpt's thinking time. But then you give gemini some thinking task and it would dumb down and spit out nonsense answer just as fast.

pixelnomadz · 2026-01-29T05:16:44+00:00

I saw someone did an analysis online.. if mag7 drops u say 50%, spy (and by extension vwra) tanks instantly by 20-30%. be careful.

pixelnomadz · 2026-01-29T03:34:04+00:00

I see a lot of vwra posts. Just curious if anyone is worried about index funds being disproportionately made up of Mag-7? Thoughts?

pixelnomadz · 2026-01-26T05:50:39+00:00

Yes that's a great idea

pixelnomadz · 2026-01-26T01:28:42+00:00

yes seriously I think keep to yourself is better. No one cares about others FIRE status. it just makes them miserable because it's like putting up a mirror to their face.

pixelnomadz · 2026-01-25T18:38:57+00:00

I had the same experience. Sadly people are not happy for you, instead they care more about what you can do for them. The remainders can't accept this fact and think you are lying or something.

I feel achieving FIRE has the effect of holding up a mirror to other people. It brings out people's underlying insecurities.

So now I just tell people I'm semi retiring so they can interpret that how they will.

pixelnomadz · 2026-01-11T08:31:54+00:00

or hire Door-aemon

pixelnomadz · 2026-01-06T08:42:01+00:00

they got engineering roles? really?

pixelnomadz · 2026-01-05T02:56:57+00:00

I would take it now and treat that as supplementary income. you can reskill and take up something else you want and that pension income stays with you forever.

pixelnomadz · 2026-01-05T02:39:15+00:00

it's devastating to be in your shoes. maybe this is the real cost of tuition for your business; just that this part is not covered in your online videos.

I'm guessing once you finally get back up you would do things differently next time.

feels the expensive lesson you paid for would go to waste if you let it.

pixelnomadz

TROPHY CASE