M2

[M2 @makoM2]

@hydwarriors Wish I could make it. If another one is held I’ll be there.

[M2 @makoM2]

@hydwarriors You’re learning man that’s what matters. The money lost is the cost of education. The stable base is very important for survival. Those probably should only be 5-10% of your portfolio if that.

[M2 @makoM2]

@WOLF_Financial The problem is most of the time people get paid but their nav drops 1.2-1.5x the distribution even in a bull market. You are better off buying leaps and tailoring it to your situation. If I invest I don’t want my invested capital to constantly drop. Whenit doesso does your income

[M2 @makoM2]

@hydwarriors Options volume also matters. If assigned do you have the volume to even sell covered calls like you can with the underlying.

[M2 @makoM2]

@hydwarriors Doing cash secured puts/covered calls on leveraged derivatives is extremely risky. It’s less risky doing that on the underlying. That way if you do get assigned the underlying will come back up eventually.

[M2 @makoM2]

@hydwarriors That btc short squeeze I called a few days ago is happening. More shorts will get destroyed from this 70-71k level and they’ll have to cover.

[M2 @makoM2]

@hydwarriors 30k btc is also very unlikely. There an other factors that aren’t visible by the chart. It very likely we get a short squeeze soon.

[M2 @makoM2]

@hydwarriors It comes down to what you want. If you don’t care about your portfolio value and just want extra income high yield is for you. If you want to grow your portfolio to become rich and leave something behind go growth. You can’t do both at the same time.

[M2 @makoM2]

@hydwarriors Your account was 189k back in July after tariffs. That’s 120k down. Even pulling out the dividends it shouldn’t drop like that. The markets are higher now than they were then.

[M2 @makoM2]

@hydwarriors Dude I remember when that account was 170k last September. You’ve got to change before there’s nothing left to save. If your account is dropping 33% in a sideways market. It isn’t working. Why can’t you see that?

[M2 @makoM2]

@RobinhoodApp Compounding

[M2 @makoM2]

@hydwarriors It’s called analysis paralysis. Fear is the only thing between everyone and their dream life.

[M2 @makoM2]

@LightMeAway Robinhood just opened banking and you need a new husband sounds like.

[M2 @makoM2]

@hydwarriors I’m going to save you on that hood play. You can roll it to the same 106 strike for the following week and pocket $7,600. It’ll probably be 3-4k after you factor in the loss on the other cash secured put. 3k in a week then do it again the following week.

[M2 @makoM2]

@hydwarriors Per your posts of total return(reinvesting everything those funds are still negative. If you’re using those dividends the -% gets worse. So ask yourself why would you be in funds that don’t break even even if you reinvest everything. If they reverse split reinvesting meant nil.

[M2 @makoM2]

@hydwarriors You’re basically 100% in extremely risky high yield ETFs. And now you are wanting to option trade on more high yield funds. You need a stable base first Khamer. It’s like trying to build a house starting with the roof. Or having an upside down pyramid in a windstorm.

[M2 @makoM2]

@hydwarriors 110 you get $1,200 and whatever premium at 110. And if they paid a dividend (they don’t)you would get that too. With cash secured puts you can make the premiums but unless assigned your account stays stable. It’s just nothing on top of the premium like covered calls.

[M2 @makoM2]

@hydwarriors Difference with cash secured puts I think Claude tried to highlight. When you do covered calls on shares you own if they go up you get the upside to your strike, any dividends they pay, and the premium. Like if you own 300shares of Robinhood at 106 and then sell a covered call at

[M2 @makoM2]

@hydwarriors Cost basis=strike price- cumulative collected premium. If you get assigned at 106 and collected $10 total premium your cost basis is $96 per share. You could roll them so long your cost basis is $0.

[M2 @makoM2]

@JohnB35602520 @hydwarriors As long as he rolls for a credit every time he’s not down he’s adding the credits over and over to his initial position. Technically you can roll out the same strike for more premium even if it’s down you just risk early assignment.