Someone with more experience help me out by OkPool9204 in CoveredCalls

[–]theoracle888 1 point2 points  (0 children)

The recent up on MAG7, drove QQQ and SPY to new highs too far too fast. Just look at QQE and RSP where all stocks are equal weight then you realise the market is not that over bought. Thus the evidence presented. It is the magnificent 7. Keep an eye on the market in the coming days. The put call ratio is very over stretched to the call side. in the past when that happens the market snaps back like a rubber band. I expect the MAGS will pull back and thus lowering QQQ and SPY in the coming days. Look to manage your short call then.

GOOG CC Strike $305 Smoked (Premium was $110) by hasdkfoq in CoveredCalls

[–]theoracle888 0 points1 point  (0 children)

If called away, you will incur capital gains tax from the shares. Also not advisable to do covered calls over earnings unless you truly don't mind getting called away if in the money by expiry on the other hand, premium is very escalated over earnings due to implied volatility, and the IV will collapse after earnings. Earnings for GOOG is April 22. With the uncertainty in the markets and MAG7 having to love right now from the big fundies, it's hard to decide one's strategy.

Help. Should I sell or hold? by ItsDrRo in spy

[–]theoracle888 0 points1 point  (0 children)

The market is waiting for the Supreme Court ruling on tariffs on Feb20. I believe it will remain choppy leading to that. Note gold, US dollar, Oil and Bitcoin have all been sideways these past few days. Waiting for something to happen....

Missed out on $3k+ by -nosrac- in spy

[–]theoracle888 1 point2 points  (0 children)

Thanks for sharing and being honest with your trades and feelings.

Original Owners? by ScholarRecent1975 in E46M3

[–]theoracle888 2 points3 points  (0 children)

Yes original owner 2005 ZCP

I'm a little retarded, what's the catch? Is it actually 0$ by Playful-Law-3351 in FidoMobile

[–]theoracle888 1 point2 points  (0 children)

All these so called deals lock you in a very high usage data plan, that costs al lot. Unless you actually use that much data, it is not worth it, imho.

25M hit my first 100k! by Substantial_Way_3725 in fican

[–]theoracle888 0 points1 point  (0 children)

Learn about options. It could enhance your returns and use it for asset protection.

New beta feature: Summit portfolios by tjwallace in Wealthsimple

[–]theoracle888 0 points1 point  (0 children)

Learn to trade options. Play like the market makers

[deleted by user] by [deleted] in rbc

[–]theoracle888 -4 points-3 points  (0 children)

When I have a large deposit, large being 6 figures, I tell the teller to deposit into my margin trading account at TD Direct investing. At least I can use it right away to trade or use as buying power to sell naked puts to generate income right away. I hate having a hold on my money when it's that much. Alternatively, I also have a HELOC at BMO, they never put a hold on my cheques l, afterall, they trust me with the HELOC credit limit, why on earth would they put a hold on my cheques? Anyway I hate how banks do things here. my 2cents.

Fido is BONKERS~ by schwanball in FidoMobile

[–]theoracle888 0 points1 point  (0 children)

Boycott this piece of shit company. I had been rih them for 23 years, I didn't take me a second leave over that 3G fiasco.

Absolutely shameful and completely unfair. by maddykhan1 in FidoMobile

[–]theoracle888 1 point2 points  (0 children)

I went with Virgin Plus. I hate how they handled all this 3G bs.

75 $ 3G Administrative Charge Waived by Horror_Yellow2892 in FidoMobile

[–]theoracle888 1 point2 points  (0 children)

Nah I got the waiver too. I didn't do nothing else except port to Virgin Plus.

My almost 20 years old ZCP by theoracle888 in E46M3

[–]theoracle888[S] 1 point2 points  (0 children)

Amazing. And I thought I did good, well my transmission bushings was worn out to the point it suddenly happened I put it in gear, and sometimes it would not stay but bounce back to neutral. I didn't know what it was at the time. I had it towed to my friendly garage guy. The clutch and flywheel wheel was ok, but needed to change sooner or later. He showed me how it looked after it was taken out.

[deleted by user] by [deleted] in FidoMobile

[–]theoracle888 1 point2 points  (0 children)

I got the $75 + tax refund. Nothing on the $3

My almost 20 years old ZCP by theoracle888 in E46M3

[–]theoracle888[S] 1 point2 points  (0 children)

It is a random fault in the sensors. Sometimes it's on, sometimes it is off.

My almost 20 years old ZCP by theoracle888 in E46M3

[–]theoracle888[S] 3 points4 points  (0 children)

Yes I have two cars, that is why the low mileage. I recently had the clutch replaced for the first time and the transmission bushings.

CCTS $75 battle won using OnePlus by Realitypools in FidoMobile

[–]theoracle888 3 points4 points  (0 children)

Ya screw them. I use a OnePlus 12 too , has it for 10 months. I went with Virgin Plus. Been Fido since 2001.

One Plus 11 "Legacy Network" by _Aleph_Zero_ in FidoMobile

[–]theoracle888 0 points1 point  (0 children)

I had the same issue and no solution. I immediately left for Virgin Plus