Got aggressive selling Covered Calls on $HOOD, and learned a valuable lesson: be more conservative on the delta for high conviction growth stocks. Now playing catch up on its 2x leverage $ROBN selling CSPs on 5-10% red days.
Doing 10%+/month with $ROBN (Sept gains below)
@Retribution001@slowencorbett02 I disagree, he JUST got the WR what do you want him to do, strip others of there medals? Look at the age for others for crying out loud. He hasn’t even peaked yet
@HatePoliticsUSA@JasonL_Capital Exactly! It’s clear this post is to garner likes and clicks if you’re new to trading. It’s disgusting how these financial “gurus” are spreading false narratives. Funny enough, many of the ones on Robinhood social do not disclose their YTD P&L (unrealized or realized, HA!).
@JasonL_Capital Amazon and NVDA are not “well off” their ATHs, METAs pullback is justified, many of the other tickers you’ve mentioned are high beta stocks that can easy drop further on broader market pullbacks. Point is: calling this dip a “generational opportunity” is aggressive at best.
@runner49er@WealthCoachMak He’s probably working with alteast $300-500k, I make about $1-2k/week selling options and I’m working with $100-150k on average
@samverma8737@WealthCoachMak He’s probably working with alteast $300-500k, I make about $1-2k/week selling options and I’m working with $100-150k on average