Iโm 44 years old and used to work at JPMorgan Chase. My monthly income is $110,000.
My June advice:
$PLTR (Palantir) โ Donโt buy
$SNDK (SanDisk) โ Donโt buy
$MSTR (Strategy) โ Donโt buy
$AXTI (AXT Inc) โ Buy at $90โ$96
$SPCX (SpaceX) โ Buy at $150โ$158
$ASTS (AST SpaceMobile) โ Buy at $75โ$80
$MU (Micron Technologys) โ Buy at $969โ977
People ask, Why donโt you charge?
Iโve made enough. Sharing is my passion ,thatโs why I post for fre.
Markets are closed. Perfect time to study.
4 options strategies every investor should understand:
Cash-secured puts:
Sell a put on a stock you'd own. Collect premium. Either keep the money or buy shares at a discount. Win-win.
Covered calls:
Own 100 shares. Sell a call above your cost basis. Collect premium while you hold. If shares get called away, you sold at a profit.
The wheel:
Sell puts. Get assigned. Sell calls. Shares get called away. Repeat. Premium at every phase.
LEAPS:
Buy a call option 1+ year out on a stock you have deep conviction in. Leveraged exposure at a fraction of the capital. Selective, not frequent.
I use all four. But CSPs and the wheel do the heavy lifting. LEAPs are for rare setups when everything aligns.