Jag_Warrior

[quote]I have Schwab[/quote] Since you’re already with Schwab, have you considered just buying 3 or 6 month t-bills - depending on what sort of duration you’re looking for?...

IMO, if you’re new, first educate yourself. Even if you do choose to hire a financial advisor, you need to make sure that you’re both speaking the same language. If not, then you’re setting yourself up to be misled. If you don’t understand the suggested investment(s), and are only relying on someone...

Yes, yields are annualized. ...

[quote]My worst one right now is Ford and that's feeling heat from yesterday's drop. [/quote] I hadn’t used F as an underlying in a long time - years, I think. I certainly picked a wonderful time to sell puts last week, didn’t I? :lol: The IV percentile was a little lower than I wanted, but t...

We really missed out on an opportunity there! We coulda refinanced some properties and sent it to the good folks at Celsius. EZ mulla! :lol: Being called stupid for not jumping into a Ponzi scheme didn’t set too well with me. I feel bad for the ones who fell for it. But you always gotta tell your...

Yeah, I can see that. I guess it was just the way it was worded that made me go, huh?!...

[quote]I picked up some 3 month t-bills just for shits abd giggles better than it being in a MMF.[/quote] That’s how I see it. Staying with 3-6 month bills will be better than MM or even the best HY acct. Just ladder in and no matter if rates shoot up, some of them will be coming due and you can ...

The inflation issue, yes. But other than that, why would one save [b]less[/b] and also cut back on paying down debt if concerned about a possible economic downturn? Learn from squirrels, no? [quote]A new study from Morgan Stanley at Work finds 62% of employees have reduced their short- and long-...

Trading Places Part II, starring Mr. Mark? [img]https://th.bing.com/th/id/R.0751738c18a6b53ffca7841c5975a5e7?rik=0rjwN77t2wCrpg&riu=http%3a%2f%2f1.bp.blogspot.com%2f-WeHerf5A3hA%2fUrZBOzv--hI%2fAAAAAAAACaQ%2fb5HuykQI3u0%2fs1600%2fTrading-Places-santa.png&ehk=Tuo3p5QSCBEDgovHPrz8vAcnqMpKY2z42HRK7L...

If he’s talking about people who just [b]blindly[/b] buy calls (or puts), I wouldn’t necessarily disagree with him. But statistics are statistics. And if you methodically stay with high probability setups over the long term, with lots of occurrences, you [b]are[/b] the house. It’s worked for me ...

[quote]Everyone has their different style though. You won’t see this either. Cheers[/quote] Exactly. Remember the underlyings where we had opposite strategies (and different strikes) and we both made money a year or two ago? I just read through the thread to this point, and I’m not sure what ...

[quote]Added an Apple put credit spread this morning. Getting 12% ROI with the near strike at $138 feels pretty good.[/quote] Haven’t looked at the option pricing, but with the stock price action, I’d say you’re a happy fellow today. :lol:...

[quote]I meant the 30-45+ dte trades. That's a lifetime in the current market. Most everything is 1 or 2 weeks for me. right now.[/quote] I’m still selling neutral delta strategies at 45 +/- DTE, but with REALLY wide strikes - and I’m staying FAR away from high beta, speculative stocks. The goal ...

[quote]I have 40k that I want to be able to access next July if I need to. Can decide if just stick it in a high yield account or Treasuries.[/quote] I’m not sure what length of maturity you’re looking at with respect to the Treasuries, but you could always divide it between the two categories. ...

[quote]I have been doing this long enough to know: Being wrong in the short-term is of little consequence, as I will likely be right in the long term. [/quote] Full time personal account(s) or are you with a prop shop? Don’t mean to pry. Just curious. ...

[quote]Please post more! What a breath of fresh air on here.[/quote] I’m pleased that we agree on this. He really is. Knowledgeable, informed posts (and posters) like his are what initially attracted me to this forum....

[quote]6 month is the sweet spot at 3.8% and I've been buying a bunch of those with my emergency fund. [/quote] Same here. Started with some 3 month bills, now at 6. I’m laddering in. I may go out longer in maturity, depending on how the data comes in over the next few months. ...

Using the SQ 9/23 93/62 strangle as an example, about $700 per contract in “buying power reduction”. It probably looks like an oddly low figure, but it’s because I have portfolio margin. ...

[quote]In Sept 2021 I bought 45 Dec 2022 VET calls at the 10 strike for $2 a piece. a $9K investment. At the time the stock was at $9. The stock is now trading north of $25. By the time this trade is over I should make about 70K. [b]Also, I paid off my initial $9K investment selling calls every mont...

Great thread! :cheers: Hopefully we can keep this one going. If people only realized… but to each his own. I’ll never suggest that someone get into something that they don’t understand or aren’t comfortable with, for risk aversion or other reasons. But I do encourage people to try to learn more abou...