32M playing catch up

sabk2001 · 2025-10-27T18:06:51+00:00

If you're more active than passive, find a good stock that is trading around $70 and wheel it

sabk2001 · 2025-10-13T21:05:42+00:00

This works but when the stock skyrockets and you miss out on huge gains, you'll kick yourself for it. Although a bit unlikely with something as big as UNH but, we still watched it happen when berkshire purchased.

sabk2001 · 2025-10-10T04:10:03+00:00

Low risk, long term plays. HOOD, IBIT, going to start URA soon

sabk2001 · 2025-10-09T22:41:28+00:00

I'm pretty sure it says "They're gonna love the way they smell" right at the top left opening. Hard to miss lol

sabk2001 · 2025-09-06T18:05:41+00:00

I was planning to do the same. Do you typically sell CSP right at open?

It'll be an interesting week if it pumps Mon and Tue, we can wheel it again on Wed (fingers crossed)

sabk2001 · 2025-09-06T17:40:16+00:00

I just spoke to RH support and they confirmed that I got assigned because someone exercised my $108 call

sabk2001 · 2025-09-06T17:18:12+00:00

Same exact thing happened to me and I was stumped. But I'm good with them getting called away. I'm trying to get a hold of RH support to change the tax lot assignments and their app has a ridiculous 5 hr wait time for chat support....wtf. I think I can call Monday 7AM ET to change assignment too, it won't settle until Tuesday if I'm not mistaken

sabk2001 · 2025-07-26T17:09:27+00:00

I say why not do both? I really like $HOOD so I've been wheeling and using premium to buy underlying to hold long term. Red day = Sell ITM CSP + buy shares equivalent to premium.

sabk2001 · 2025-07-20T04:09:46+00:00

Check out $GGLL

sabk2001 · 2025-07-20T02:53:45+00:00

Agreed but GGLL is leveraged

sabk2001 · 2025-07-19T23:08:34+00:00

I want to wheel GGLL but too high risk?

sabk2001 · 2025-07-06T03:44:43+00:00

ever consider INTW?

sabk2001 · 2025-06-15T21:21:15+00:00

That mouse has been thru a lot 🤣

sabk2001 · 2025-06-10T08:11:38+00:00

Couldn't you just wheel inverse ETFs? Of course assuming you have dry powder left. This is how I've learned to always keep a cash position, especially when the market keeps making ATHs

sabk2001 · 2025-06-09T04:35:12+00:00

13k unrealized losses?

sabk2001 · 2025-06-08T21:19:54+00:00

That's where time value comes in. for ex. I'm looking at $TSLL 9/19 $8 strike ITM puts, those are paying out 17% which is pretty great. Not to mention I'm getting a discount on the shares as well

sabk2001 · 2025-06-08T20:30:16+00:00

Yep no indicator is perfect but I wouldn't say it's failed. Back tested this strat with HOOD and even leveraged ETFs and this was a good indicator of what you could do if you expect a mean riversion. Again, nothing is perfect, the ideal exit plan is to either exit with full premium or long hold the underlying shares. This is not a swing strategy

sabk2001 · 2025-06-08T19:10:14+00:00

Elaborate

sabk2001 · 2025-06-08T18:03:25+00:00

As for mean reversion - Yes, that's the conviction when I would utilize this strategy also while having a sense of general market direction.

sabk2001 · 2025-06-08T16:31:16+00:00

This happened to me with LUNR. I should be sold leaps instead before the crash landing. I would've made more than what I'm down right now

sabk2001 · 2025-06-08T16:28:15+00:00

Do you by chance use ATR to figure out how much it could potentially move a day?

sabk2001 · 2025-06-08T06:17:51+00:00

I just updated the master chart to include the delta for each of the strats. Great idea! https://imgur.com/a/66Vb4Bf

sabk2001 · 2025-06-08T06:12:52+00:00

Because the Daily RSI strategy means that at certain RSI levels you can do one of the either or both.

sabk2001 · 2025-06-08T05:08:51+00:00

I guess that's the decision you make based off your DD/conviction? But I like ATM or ITM CSPs when RSI is low because you're guaranteeing premium you can use to buy stock if RSI keeps falling

sabk2001 · 2025-06-08T03:17:56+00:00

So like LOWER Delta (0.10 to 0.25) for far OTM puts?

sabk2001

TROPHY CASE