SDS resets every day. Any way to take advantage of that?
Did anybody try to short SDS by buying puts or selling calls on it? What are the drawbacks?
It seems that I can generate around 15% a year without risking much.
Yes, I should have said covered call. Do you agree that at expiration, I will either make $116 or have 100 SPY at a cost of $408.84?
Example [ATTACH] worst case you own 100 SPY @ 408.84
I am trying to learn about "in the money calls" Is selling deep in the money SPY calls a "safe" conservative approach? Is anybody here doing it?...
Hello everybody! Is "selling in the money calls" using SPY a relatively safe strategy? Anyone is using it on a regular basis? Any comments, ideas...
I seems to me that the wheel is not the best trade in this enviroment. My experience is that I leave too much money on the table when I am right...
ok txn
anybody can suggest a list of wheel strategy candidates or how to search for it?
anybody can suggest a list of wheel strategy candidates? Or how to search for it
[MEDIA] I found this interesting
The day before expiration trader sells a 10 delta out of the money SPX put (about 60 points away of the current value) and buys the next strike...
I am revisiting the Wheel strategy. I have $200,000 invested on SPY. If I use the WHEEL approach, selling cash secured puts at 15-20 delta and...
I am doing it with stocks I am comfortable to hold if assigned. Do you use any specific searches or calculators?
Anybody is using the wheel? I am doing it very lightly and it seems to be a minimum stress trading strategy. Any ideas of how to maximize...
Do I have to look for covert covered calls now?
Happy New Year
I learn from books and others and then I use the knowledge I get in my own way.
Yes, I agree. I should have said that in a zero sum game somebody has to loose in order somebody else to win. In my understanding Kirk is saying...
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