benny ッ

full time options seller | thetamaxxing

[benny ッ @bennyuk_]

I’m putting this in writing so I don’t forget or get carried away with the gains when the market flips bullish again.

My plan for when I get back to £100k is to start the wheel strategy with my whole portfolio, only wheeling/trading around my few core names like $RKLB $NBIS and $OUST.

I need to learn to not get married to my stocks, and focus on pure premium generation, and with £100k I could conservatively bring in about £4k/£5k a month, almost double what I was earning at my job before I quit.

Pairing this strategy with TA is great, as it allows me to choose strikes based on certain resistance levels, so if/when I get assigned I know it’ll be at a good time to take profits anyway.

But for now, we just have to play the waiting game…

[benny ッ @bennyuk_]

@gskulls54 no initial reaction tho…

[benny ッ @bennyuk_]

worth noting that $RKLB is not selling off on this news...

when bad news doesn't affect price action, it usually means the bottom is likely in

[Brett Krieger @BrettKrieger12]

Big mistake @NASAAdmin

Rocket Lab deserved this contract

Quit throwing BO a 🦴

[benny ッ @bennyuk_]

in the process of researching a new company that I may be adding to the portfolio

bad timing because they have earnings tomorrow and it could run hard and leave me behind…

[benny ッ @bennyuk_]

@steve2bacon @jrouldz giving away your secrets for free huh, I rate it

[benny ッ @bennyuk_]

@DiligentPlane bro got a large following overnight and instantly started charging $200 for a subscription 🤣

[benny ッ @bennyuk_]

@usppdd in a shitty macro, fundamentals go out the window

this is why I encourage everyone to learn TA

[benny ッ @bennyuk_]

@OInvests I didn’t get my invite:(

[benny ッ @bennyuk_]

$DRAM losing support

gimme $50

[benny ッ @bennyuk_]

@FranciscoSpace5 yeah when you compare the 2 companies and their reliability, it makes literally no sense how BO got chosen outside of Bezos slipping them a wad of cash

sucks because you can tell how much SPB and RKLB wanted to win this contract

[benny ッ @bennyuk_]

@spacanpanman @greenbanana071 my point being that insider buys are often meaningless and dont always reflect that a strong move in the stock is coming

[benny ッ @bennyuk_]

$MU setting up for a big move any day now...

we're still holding the weekly 8ema, so im leaning more towards a breakout for now

if we lose $880 then its gonna get ugly

[benny ッ @bennyuk_]

@FunOfInvesting I personally don’t like selling puts above the current price.

you never know how the market will look next year, some stupid headlines could ruin the entire trade

[benny ッ @bennyuk_]

however, looking out on a higher timeframe, $ONDS could definitely revisit the bottom of this range in the mid $6s

this would offer the best R/R imo, but no harm in starting a DCA here at $7 just incase we get a sharp reversal

[benny ッ @bennyuk_]

$ONDS did indeed hit $7 today, where we found some support...

[benny ッ @bennyuk_]

@spacanpanman @greenbanana071 $NOK insiders loaded up millions of dollars of shares at $15 btw...

[benny ッ @bennyuk_]

$ONDS did indeed hit $7 today, where we found some support...

[benny ッ @bennyuk_]

$ONDS bounced at the smart money zone, however I still think we $7 before showing any signs of a reversal, and I may look to sell some puts at that level

[benny ッ @bennyuk_]

@longinvest32 You don’t keep cash in your brokerage?

[benny ッ @bennyuk_]

remember guys, cash is a position too

[benny ッ @bennyuk_]

@T1PlayVariety didnt even know they had earnings today lol

[benny ッ @bennyuk_]

$CRDO perfect bounce at the smart money zone after hours... 🤷‍♂️

[benny ッ @bennyuk_]

wow and to think I was actually interested in starting a position in $CRDO last week

need to see if this is an overreaction and a great buying opportunity after a double beat