Some equity investors are quick to sign a 3 year lease on a Range Rover but can't hold an investment for more than 3 months. Not every investment will 5x but you have better chances if you have some patience. Let it marinate for longer than your lease $spy $sofi $msft $tsla $meta
"Is trading hard?"
I don’t know, you tell me.
We need the mental toughness of a pro athlete, patience of a monk, precision of a brain surgeon, pattern recognition of a chess grandmaster.
All at the same time. Under pressure. While managing fear, greed, ego...in real time, with your own money on the line.
Competing against the smartest people on earth, the richest people on earth...who have better data, faster technology, and deeper pockets.
Whose entire business model is taking retail's money.
Oh ya...and you’re expected to stay calm, make rational decisions, and execute while in a violent dogfight with your own emotions.
Is trading hard? I don’t know, you tell me.
Next question.
Been busy but getting back into it.
Sold CSP $TSLA 400 CSP 12/19
$13.10
3.27% gain on $40k if TSLA closes above $400/share mid December
30-45 days out is the sweetspot for CSP 38 days out ✅
Set it and forget it
Hot Take: cybersecurity sector will outperform the S&P index $spy in the coming years. Invest a generous portion of your portfolio in $bug or similar ETFs
$adbe $340 CSP 10/31 Expiration
Premium Collected: $775
If assigned at $340, no problem. Covered calls in November.
If not assigned +$775.
Approx 2.28% by EOM
High IV → Sell options
Low IV → Buy options
High IV + oversold → Sell cash-secured puts
High IV + overbought → Sell covered calls
Low IV + oversold → Buy long-dated calls
Take the easy layups vs trying to make a half court moonshot. One trade a day. Many times you will give back your gains on a second trade. Been there too many times. Sell at profit and close laptop.
+$520