Wow, impressive - but no money contributed by your father-in-law over the last year? Schwab doesnโt exclude contributions on this screenshotted page โ you have to go into Portfolio Performance to see the true performance numbers. Show us that screenshot and my jaw would really drop.
@CPSellsOptions Yeah I hear ya. If you do cap the upside at times, the extra shares (or fractional shares) purchased with the covered call premium could help offset that if the market really runs. The key is making sure you use the covered call premium to acquire more shares.
@srobo1_ Nice work Scott!! You are always killing it. I always notice you BTC option contracts very early. Can I ask what your CAGR is over the last 5 years and 10 years using your strategy?
@pepemoonboy Love it Sergio, and great explanation. I feel the only downside of a CSP rather than spot buying is if the stock keeps climbing, you may never get assignedโand when you finally are, it could be at a much higher price than where you could have spot bought it.