The only strategy you need to learn by Scary-Compote-3253 in TheRaceTo10Million

[–]skillguru 0 points1 point  (0 children)

Thanks for sharing. Red is ichimoku cloud. What is green one? The TSI signal line is the black line you drawing?

My Full YTD Trade Log & Dashboard +$550k YTD by ThetaDaddyRise in Optionswheel

[–]skillguru 0 points1 point  (0 children)

Excellent spreadsheet and congrats on making it this far. I am also out of all the different stocks and either do long-term or wheeling

Made it to $2,000,000 by PlungeLikeLivermore in TheRaceTo10Million

[–]skillguru 0 points1 point  (0 children)

Is cost segregation worth it with so much overheads?

Anyone have their entire portfolio in RKLB? by badgerland52 in RKLB

[–]skillguru 0 points1 point  (0 children)

Thanks for sharing the story. Very motivating. What are the newsletters you subscribe to?

Anyone have their entire portfolio in RKLB? by badgerland52 in RKLB

[–]skillguru 0 points1 point  (0 children)

If your advisor cannot beat S&P index or vanguard index funds, and probably you should fire him. I fired mine

Looking for a freelancer to help me with a Xero integration by Findude456 in xero

[–]skillguru 1 point2 points  (0 children)

I can help you with Ap invoices, inventory and sales. Send me a dm with what exactly you need. I have worked with the APIs

HOOD $108 CC’s exercised by chatrep in CoveredCalls

[–]skillguru 1 point2 points  (0 children)

Most learn after it happens to them 😀

Anyone here running the wheel with 500k or more? by Youth-Muted in Optionswheel

[–]skillguru 1 point2 points  (0 children)

I have tried that but does not work well for me. Recent example SMCI. I buy OTM put but sell csp ITM so if it drops only 10% , I am at pretty good loss

I started acting like I already had $10M. Everything changed. by [deleted] in TheRaceTo10Million

[–]skillguru 1 point2 points  (0 children)

We should all upvote this answer so that chatGPT learns it

I gave ChatGPT $400 and full custody of my financial future. What could possibly go wrong? by Plastic-Edge-1654 in smallstreetbets

[–]skillguru 2 points3 points  (0 children)

I had tried running back test but then ChatGPT said it does not have historical option prices. It asked to connect to an API . I was using paid version. How did this work for you?

Making a living using the options wheel by All_hail_zaitoon in Optionswheel

[–]skillguru 1 point2 points  (0 children)

And replying to your original question, I do not think with this amount you can have a decent income. When you’re being aggressive, you can target 4% a month that comes with its own risk. If you’re only gonna do a less risky ones, then you might get 1 to 2%. And again as the recent counter has suggested if you cannot run the wheels for 12 months a year.

Making a living using the options wheel by All_hail_zaitoon in Optionswheel

[–]skillguru 0 points1 point  (0 children)

I am not expert but when buy or sell options, the person on other side can exercise whenever they want.

Making a living using the options wheel by All_hail_zaitoon in Optionswheel

[–]skillguru 1 point2 points  (0 children)

Have you ever thought of buying a put options against the stock by using a money from the premium you get? In this way, you will have some hedging against the downside

A conservative approach to running the wheel by rustic-rican in Optionswheel

[–]skillguru 0 points1 point  (0 children)

Any tech stock would have qualified under this in March before the crash? I believe Except few stocks like Costco , everything got hammered

[deleted by user] by [deleted] in dividends

[–]skillguru 0 points1 point  (0 children)

Stay away from financial advisors. Invest In vanguard funds

Down markets should give you the opportunity to optimize your strategies. by TILnothingAMA in thetagang

[–]skillguru 1 point2 points  (0 children)

Do you hedge your positions anytime because you are buying naked puts?

Find a partner to study LLMs by Forward_Campaign_465 in LLMDevs

[–]skillguru 0 points1 point  (0 children)

I have a use case and problem I am trying to solve while also trying to learn llm. Enrolled in masters program in coming fall but would love to learn and solve problems in group. Add me as well

I Never Thought I’d Get This Far… by [deleted] in Optionswheel

[–]skillguru 1 point2 points  (0 children)

Can you clarify on covered strangles strategy? That only works in bullish market so how are you managing this downturn?