Kevin 🥛

Selling options for monthly income.
Target: ~$1k–$2k/mo per $100k deployed.
Weekly PUT SHEET MONDAYS... Author:

[Kevin 🥛 @optionswithkev]

If you are new to selling options, relatively new, or just want a refresher, the book I published Dec 2023 is a great place to start...

Also contains links to all my spreadsheets.

https://t.co/jHBc2vQDnN

[Kevin 🥛 @optionswithkev]

@TheSecretAcct fellow AJ Bell user 🤜

[Kevin 🥛 @optionswithkev]

Yesterday we closed an $XOM position that was originally expected to be roughly a 35-day trade.

Instead, we closed it after just 4 days for a 49% annualised return.

38 booked winners this year for OM members.

[Kevin 🥛 @optionswithkev]

@MartiniGuyYT options selling?

[Kevin 🥛 @optionswithkev]

@W98AB so many problems with them. i hate that you can’t auto invest weekly or daily and it’s always 10th of the month.

have my isa and lisa with them

[Kevin 🥛 @optionswithkev]

£2,000,000 portfolio

50% selling premium: £1,000,000

At 1.2% per month = £12,000/month

At 2% per month = £20,000/month

That is £144,000 to £240,000 per year before tax, costs, bad months, drawdowns, and mistakes.

Then the rest could be:

£800,000 in index funds
Long-term growth engine.

£200,000 in money market funds/cash

Safety buffer, dry powder, peace of mind.

[Kevin 🥛 @optionswithkev]

@mikemajlak 3.75

[Kevin 🥛 @optionswithkev]

Property is the WORST asset to hold in a pension now.

Review extraction ASAP.

[Alan Smith @AlanJLSmith]

New guidance on Inheritance Tax on Pensions:

- Family members (beneficiaries) and personal representatives are jointly and severally liable for paying IHT from pension fund.

- They have 6 months to pay.

- Interest and late payment fees apply after that.

- Property held in pensions will often have to be sold to pay the IHT.

- The short timeline is likely to create ‘fire sale’ reduced valuations.

- Yet IHT is payable on the gross property value pre death/property sale.

- Pension providers, trustees, administrators, solicitors, personal representatives and family - all have to liaise and work through the admin - a logistical nightmare.

- In a tight window whilst the family is grieving.

- And then family beneficiaries pay income tax on income from the net fund - after deduction of inheritance tax. Double tax.

- All this to possibly raise £1.5 billion - or about 48 hours of annual NHS spending.

Thanks Rachel.

[Kevin 🥛 @optionswithkev]

@grok @shiri_shh what is legit did she make money

[Kevin 🥛 @optionswithkev]

@xlab_os @shiri_shh @grok was the tweet real

[Kevin 🥛 @optionswithkev]

@BoilerPaulie @grok why do /s/

[Kevin 🥛 @optionswithkev]

@Therichardralph sell premium and be work optional. i did it

[Kevin 🥛 @optionswithkev]

@RobLipsett after it 100 bags 😆

[Kevin 🥛 @optionswithkev]

Driving up to the Yorkshire 3 Peaks today.

GTC orders set for profit targets on all open positions.

No screen. No stress. That's the whole system.

#OptionsSelling

[Kevin 🥛 @optionswithkev]

Scared money doesn't make money.

You have to think long term if you are in a SIPP.

I wouldn't trade around positions in there.

Have a seperate account for that, maybe 10% to trade for multibaggers.

I am assuming this is the most money you have ever seen in your brokerage acc?

How you grew up around money probably tells alot about why you are not investing right now.

And it's hard seeing your SIPP go down now after having such great returns (4x+) and it almost paralyzes you to make any future investments decisions

[Kevin 🥛 @optionswithkev]

🚨Trade Exit: PYPL https://t.co/BtmCwWnJqc

[Kevin 🥛 @optionswithkev]

Heading out for a 5k run before the market opens and always leave my phone at home and just have music on my garmin.

It's the best thing ever!

[Kevin 🥛 @optionswithkev]

Still amazes me how many people in their 60s, 70s and even 80s are still actively learning about investing, and in particular selling options to generate passive income.

Curiosity might genuinely be one of the best anti-ageing tools.

[Kevin 🥛 @optionswithkev]

@Codmico Done this before : )

[Kevin 🥛 @optionswithkev]

I’m coming up to a mortgage renewal in October.

Currently paying around £360/month on a 5-year fix.

Safe to say I’m mentally preparing for that number to look very different soon 🙃

[Kevin 🥛 @optionswithkev]

I think a lot of financial anxiety comes from feeling out of control.

That's why systems matter.

Automatic investing.
Emergency funds.
Position sizing.
Cash reserves.

Good systems create psychological breathing room.