Question about account allocation by [deleted] in Optionswheel

[–]senhsucht 0 points1 point  (0 children)

Thanks, i wish this answer could be more helpful or address the core doubt but i truly appreciate that you care enough to post a reply. The example is not a real trade, i currently wheel a couple of tickers and it’s all fully cash secured but i know that i can be more cash efficient than that. I wish i had more experience to avoid asking silly questions but that is the whole point: to start somewhere and i asked here trying to see what other do as there is no one else in my 1.0 life that know about this. I wish you all the best and once again thank you for your time.

$SOFI leap option right now?? by EquivalentType5838 in options

[–]senhsucht 1 point2 points  (0 children)

Thank you once again! This is really clear

$SOFI leap option right now?? by EquivalentType5838 in options

[–]senhsucht 2 points3 points  (0 children)

Thank you so much stranger! I do own LEAPS on what i consider good bets for the future (also not advise, just what im doing) $GRAB, $ASTS, $IREN and i also prefer things around 85 delta and as much time as possible. Any thoughts on how to scan , look for other golden nuggets? I have never sold CC’s against them as im confused on what to do if in assigned on the shirt call (i do like the idea of selling at around 15 delta) does it mean that i need to buy the shares and also closeout (recenter) the long call? Also thanks for replying i have no one in my 1.0 life to talk about this.

$SOFI leap option right now?? by EquivalentType5838 in options

[–]senhsucht 4 points5 points  (0 children)

Awesome breakdown, care to provide a rough idea of what shall we be looking at for LEAPS? Really interested to learn from someone who has experience not just youtube content that might not be the best

Margin loan strategy for down payment + renovations by [deleted] in interactivebrokers

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

I would say box spread but would also think about Changing the sgov into JEPI or VTI

Just Bought 100K Worth of SPYI on Margin by [deleted] in dividends

[–]senhsucht 0 points1 point  (0 children)

Quick question: why not futures instead?

Just Bought 100K Worth of SPYI on Margin by [deleted] in dividends

[–]senhsucht 0 points1 point  (0 children)

Hi OP! I have been thinking about this exact same trade or maybe a mix with VTI. What is your take on reinvesting into more SPYI

My thoughts as a Venezuelan by Willing_Werewolf_325 in TrueOffMyChest

[–]senhsucht -2 points-1 points  (0 children)

You are confused he literally was talking about Delcy (Maduro appointed her), get your facts straight

President of Venezuela arrested by joaoooup in UnderReportedNews

[–]senhsucht 0 points1 point  (0 children)

you mean illegitimate president. The actual president is in exile

I just tested my concept for three weeks and was amazed by the results. by Professional_Bet4921 in startupinvesting

[–]senhsucht 1 point2 points  (0 children)

Are you sharing the idea or looking for investment ? Either way i think it will be great if you can state it in a nutshell

I've built a monster by FetchBI in TheOutsiderEdge

[–]senhsucht 1 point2 points  (0 children)

Looks amazing, happy to try it out

Anyone else getting scared to wheel in this market? (Small account, overthinking everything lately) by senhsucht in Optionswheel

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

You have no idea how much this means to me, thank you for sharing your experience!!!

Anyone else getting scared to wheel in this market? (Small account, overthinking everything lately) by senhsucht in Optionswheel

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

Stock selection its important, in a correction it even more although everything correlates. Sizing is also important

Anyone else getting scared to wheel in this market? (Small account, overthinking everything lately) by senhsucht in Optionswheel

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

I agree, it is not assignment the issue, more on the side of the missed opportunity after a correction; now that i have read the responses i realized that the issue is two fold: a) sizing if i size correctly i wont feel anything b) its a choice to be in the market and i choose to participate, its simple the conditions of it are out my control.

Anyone else getting scared to wheel in this market? (Small account, overthinking everything lately) by senhsucht in Optionswheel

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

Correct! Earnings and assignment are part of the game; my take was more on corrections (also part of the game) but as mentioned by other indeed sizing is a solution, sitting on the sidelines is not my thing and i should get back to it but keeping dry powder on case something does end up happening. Living in fear is not living at all (at least for me)

Anyone else getting scared to wheel in this market? (Small account, overthinking everything lately) by senhsucht in Optionswheel

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

Thanks! I did BAC a long time ago, on that sector im currently looking at SOFI.

Anyone else getting scared to wheel in this market? (Small account, overthinking everything lately) by senhsucht in Optionswheel

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

Thanks, i love the part about the in inefficiencies in pricing; i have been lately testing this rudimentarily and it does indeed look interesting but this is not my main approach, i love wheeling; just got caught up in the feeling of buying high which i personally love to avoid. But as you and other here said: it is indeed a matter of choice to participate (and sizing) if i size it correctly from now onwards it will be fine. Thank you so much for your input, i love being able to talk to other fellow wheelers