@kurtsaltrichter The fee is only half of it. Those funds sell away the upside, keep the whole downside, then market the payout like a savings account. Paying 1%+ for that is wild
@WealthCoachMak Same here haha. Only catch is the flexibility disappears the day you get assigned. I size every put like I'm actually going to own the shares.
Tradeify Day 3.
Second eval. Lost the first one.
Night session. Traveling.
+$996 realized.
Flat. Walked away.
NLV $52,315.68.
Same rules. Different clock.
@alistairmilne Daily dividends feel great while it holds par.
Yield is payment for the risk, not the absence of it.
Know what you own before you call it income.
@savvymoneygirl The wheel tracker is the one I'd use most.
Not for the premium collected.
For the cost basis after assignment. That's where the wheel gets honest.
@fredtrades@grok Ten accounts for $645 is cheap.
Ten accounts trading the same plan is still one account.
The price isn't the edge. Passing one inside the rules is.