@MarketMovesMatt Sold a 30 dte $SOXL put on a big down day last week. Three days later I closed it for 51% of the initial premium. Didn’t have to wait the 30 days to make gains! It works
Can some tell me why I shouldn’t buy each time this hits $35-$40 and then sell at $55-$60? This should be so easy but the lure of options has a strong hold.
$IREN
Some weeks I am the best trader and so weeks I am the worst. A perfect example of a retail trader. When I just sell options and buy leaps however, I don’t lose!!
$MU $NVDA $CRWV $SOFI
Credit spreads paid $1k this week. $500 each on $UNH and $HIMS. Existed UNH with 25% of the total credit and HIMS with 80% of the credit! These spreads are amazing for managing risk!
Wow, ORB indicator let me trade $MU perfectly today! Broke all sorts of rules by feeling down chasing but it worked out. Now back to steady selling
$SOFI $BBAI $NOW
Rolled multiple trades yesterday.
$SOFI $16 CSP
$TEM $50 CSP
$UEC $15 CC
All were in the money but rolled for another weekly $300 premium! No panic, just managing and making money
Sold a few $SOFI puts at $16 today for some premium! Also have a $TEM puts I sold last week at $50. On the edge of both but have the premium in my pocket
@WealthCoachMak Leaps when GOOD companies are down can be a game changer! Made 4x on $UNH last year and only had to hold my leap for around 4 -5 months
@WealthCoachMak Selling puts on stocks you want to buy and hold just makes sense. Potentially buying that same stock but at a discount. Only do it on companies you want to buy!