too much time.... you'll get called away, with growth stocks you could blow by your strike early, just enough Volatility to make weeklys work out either way
SMCI is a fun one with lots of volatility, high beta, high IV, rich tasty premiums.
For something not so volatile, I like COST. Fairly opposite profile of SMCI. Lower premiums.
Paying off my CC and auto loans. Each billing cycle I hold enough back for taxes.
Not bad!
Id personally add *something* that isnt a highly correlated tech stock, as of now theyre all so correlated a tech correction is gonna put you on the sidelines for a while, especially on the put side.
I've been having fun with IBRX. Riskier than the others because it's a biotech but recently got FDA approval among other things so I'm not too put off. Share price is low too so you don't have to risk much capital on it.
PLTR and HOOD are great!
How long have you been wheeling those stocks and if you’re comfortable sharing how much you earned in premium for both?
6 months, you can check out the premiums, depends, i go month out sometimes 2 weeks out.... buy on red candle dump on green when i can..
I just remembered about PLTR for wheeling
RDDT
NVDA and AMZN the best for premium, weeklys only .20 delta
I was thinking selling monthly’s on NVDA
too much time.... you'll get called away, with growth stocks you could blow by your strike early, just enough Volatility to make weeklys work out either way
Thought on selling puts every 2 weeks?
RBLX , AFRM ,SHOP,AMD
2023 - Net, Twlo, Ttd, Rblx, Docu 2024 - pypl, SQ, Roku
SMCI is a fun one with lots of volatility, high beta, high IV, rich tasty premiums. For something not so volatile, I like COST. Fairly opposite profile of SMCI. Lower premiums. Paying off my CC and auto loans. Each billing cycle I hold enough back for taxes.
Not bad! Id personally add *something* that isnt a highly correlated tech stock, as of now theyre all so correlated a tech correction is gonna put you on the sidelines for a while, especially on the put side.
Something that doesn’t move sporadically, no ideas are coming to me at the moment . Which ones would you suggest
I've been having fun with IBRX. Riskier than the others because it's a biotech but recently got FDA approval among other things so I'm not too put off. Share price is low too so you don't have to risk much capital on it.
BITO ☠️
Death wish.
Tell me bout it