| The Freedom Arch |

Helping professionals turn income into freedom through disciplined money systems, investing, and options income. Sytems over speculation.
Not Financial Advice.

[| The Freedom Arch | @TheFreedomArch]

@TiltedF0X And sometimes even after you set-up your BTC buys!

[| The Freedom Arch | @TheFreedomArch]

@JohnProv1 John, just wait till you up this to Level 4 and it's game over!!!!

[| The Freedom Arch | @TheFreedomArch]

@Thomas__Jerome Couldn't agree more that it's incredibly important to keep your lifestyle in check and be ready for anything to happen.

[| The Freedom Arch | @TheFreedomArch]

@RentYourStocks Seeing a lot of data showing the institutions that were buying Bitcoin/BTC funds are causing this sell off to be able to fund these IPOs...trading one risk asset for now another.

[| The Freedom Arch | @TheFreedomArch]

@DudeWhoInvests Specifically from just insiders selling, absolutely not. There's likely thousands of employees and managers that have equity that are going to be set for life because of this run up. I'd for sure be selling too if my pay was tied to the stock price and it went up this much.

[| The Freedom Arch | @TheFreedomArch]

Where I see people getting into trouble with selling options is trying to collect the biggest premium possible.

Wrong.

It’s about collecting premium where the risk actually makes sense.

Bigger premium usually means bigger problems.
Consistency comes from structure, not excitement.

[| The Freedom Arch | @TheFreedomArch]

One of the hardest parts about selling naked options isn’t opening the trade…

It’s managing it when it goes against you.

Example: My $IBIT short puts 👇

Originally started at $40.
Already rolled once down/out to $38 with ~90 days left.
Now the decision tree is simple:

1️⃣ Hold $38
It hasn’t breached yet, and this is the last major volume support. The goal is always to roll before it breaches your strike price before you start losing intrinsic value.

2️⃣ Roll down/out to $34
This would likely push me into December, but $34 is a level I’m fine owning.
If I roll one more time, that’s probably the last roll. At that point, I’d rather take the shares at $34 and start wheeling it from there.

Assuming we don’t lose Bitcoin altogether 😂
This is why sizing matters.

Rolling buys time.
But the real edge is knowing your assignment plan before the trade goes against you.

[| The Freedom Arch | @TheFreedomArch]

Couldn't agree more with this post. There's a few people that also basically built a living on getting in early, and investing in $TSLA, but, it also could have easily gone the other way. Don't hear many stories of people that went all in on anything else and retired or live solely off that. Just takes one catalyst, fraud investigation or something and you could lose more than half your portfolio.

[| The Freedom Arch | @TheFreedomArch]

Awesome!! If you're really bullish, you could take the premiums and do something like this:

Buy a vertical call for whatever premium you collected. Example, you could buy an $18 call and sell a $20 call on the same expiration. It caps your upside, but...the trade is basically paid for by your sold puts. Best case you even more money, worse case, it costs you nothing because you already got paid on the puts.

This is how you can grow your account exponentially.

[| The Freedom Arch | @TheFreedomArch]

@TiltedF0X You may want to consider opening an IRA then to get the deferred tax.

[| The Freedom Arch | @TheFreedomArch]

@MidlClassMoney I think it depends what you're invested in. If it's just S&P and indexes, no reason to sell anything. The market has a high valuation, but, EPS continues to grow, so it makes some sense. Until we see EPS starting to slow and valuations staying the same, I think you're good.

[| The Freedom Arch | @TheFreedomArch]

If you work full time, options do not have to be complicated.

You do not need to day trade.
You do not need to stare at screens all day.
You do not need to predict every move.
You need a few good companies, the right strike, enough time, and a plan.

That’s it.

[| The Freedom Arch | @TheFreedomArch]

@WealthCoachMak Nothing better than traveling and making money when you do it!!!

[| The Freedom Arch | @TheFreedomArch]

@Financetalkss The only way to stay consistent!!!

[| The Freedom Arch | @TheFreedomArch]

@3KComeback 1% a week just from selling the options I assume?

[| The Freedom Arch | @TheFreedomArch]

There's pros and cons to both sides. Ultimately, it should be up to the individual to decide what to do with their hard earned money. If someone wants to be reckless with it, so be it.

What I will say is if this PDT rule wasn't in place, it probably would have saved me time and money when starting out. It is a lot better to blow a $2k account than a $25k account.

[| The Freedom Arch | @TheFreedomArch]

Unpopular opinion: Making money off selling low delta options is WAY easier than buying and managing rental properties. I think there's always room to diversify, but, selling options has always been less stressful than when I owned rentals.

[| The Freedom Arch | @TheFreedomArch]

@BrandonWealth Have to go with the Garcia y Vega! Looking forward to it 😉 Enjoy!