Anyone make consistent income selling options? Not trying to make my salary, but maybe $1000 a month to cover some increased living cost.

like
Posting as :
works at
You are currently posting as works at

Yes, did $64k last year just dedicating 2 or 3 hours per week.

like

$150k

Out of the money puts for income credit spreads consistently making 2k monthly

like

Honestly I have a 10k account that I do some wheels on and another 10k account that I do spreads on. My wheel account has made me about 2-4% a month

like

Is it worth it when you can park that cash in a money market fund and make 4.95% right now?

like

Following. I know about selling covered calls, but unsure of puts. Any good reference material y’all recommend?

@VP2 Actually earnings season is great to make money if you know how to leverage IV crush and take calculated risks

Yes, that’s exactly my goal, $1k a month. Fairly easy with a little time upfront to development strategies that you are confident and comfortable using.

I’ve just learned about Options last March. Tested it with a base of 10K in my portfolio and I earned $85 just on the premiums for 30 days without even owning the stocks.
I’m going to repeat this and diversify it to 3 different stocks to see how it pans out.

Related Posts

Shoulda just sold my stocks to pay my taxes instead of holding and using cash 😂🥲. Same result - except now I have to hold longer

like

Here's the best help I can offer to try and move your fake ownership of BTC on Robinhood- I hope this helps...

Post Photo
like

Big legends Guide to Three-Fund Portfolio. Yay or nay? Additionally, please share personal finance books that you recommend to newbies! Thank you and happy holidays!!✨

like

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

likefunny

Is it true that stocks bought and sold are visible in form16?

Does LTA and phone allowance are processed each month as a taxable income if we do not produce the bills ?

like

Whats the best financial institution to keep/create an account for investment purpose even if I leave US and manage from outside? It seems there are many restriction that I can’t contribute from outside US? And what’s the best way to have personal retirement account managing from outside US? Im in the US now but not sure how long I will be here.

Vanguard Digital Advisor ( 4 ETFs, 0.15% fee) vs HSBC Financial Advisor (15-20 funds, 1.5% fee) which one to go for nest egg growth 100k starting

What rates are people getting for condos? I’m thinking about selling my condo (I had 3.25%) but my realtor said that the rates are so high now that if I were to buy a similarly priced place, the monthly payment would be like $800 more. I’m bad at math, so I wanted to ask here to confirm this is accurate. Mortgage is around $700k

like

Which alt coin should I buy in this blood bath outside of ETH, LTC, XRP and BCH?

For a 2-year associate now tasked with senior-like roles such as reviewing and training, does anyone have advice on how to review individual hnw tax returns?

like

If you had to guess when oncycle will be, what would you say? I’ve heard funds were disappointed by participation rates and quality last time, so I’m curious to see if they can show enough discipline to wait this year.

like

What’s up with people talking about withdrawing from retirement due to CARES Act and investing elsewhere?

like

Getting about $2200 back from Federal and $1300 back from NY State. Claimed 2 for both last year and having 2nd kid this year. Should I bump to 3 or keep as is?

What are your favorite personal finance books? I just read Rich Habits and really liked it. I am also reading the Psychology of Money. Looking to read some more!

like

All my investment is in real estate - 1 primary and 2 rental. Total 3.7 M value and 1.7 mortgage pending. About 400k in cash. I’ve 0 RRSP. Is my investment strategy terrible?

like

Compared to DC/NOVA, how's housing market in Chicago?

GBR 959% return lol?

like

How often do you come across Schedule F? I have prepped 3 tax returns for farmers this busy season? It’s interesting. I’ve worked for large and small firms. I never had to deal with Schedule F until now.

like

More Posts

likefunnyupliftingsmarthelpful

Hello all!
I'm 26, I studied economics but I don't know why I'm not much into investing/trading. Someone else like this?
I recognize this is not a very good approach for someone with money "knowledge" and I would like to change this mindset. My main weakness is that I easily get bored of following the market and that I do not see big opportunities. Any advice?
Where to start learning, general advice for LT and ST investments, things you learnt, books that changed your pov on the topic etc.

Thx!

like

How much time it generally takes to receive Laptop after joining OFSS.

And What Laptop OFSS provide to employees ?

like
like

I’m looking for an advisor that wants to work with a team in Tampa, Florida.

likehelpful

What will the effect of EY split on employees? Will there be any growth impacts or change in pay scales or anything like that?EY

like

Hello All,
I am Vivek Gaikwad from Pune, Maharashtra
I am looking for job opportunities in field of SCM/Procurement
I have experience of 5.5 years in procurement of Raw Material, Production and welding consumables, safety item etc.
i am willing to diversify my profile and open for any industry
Looking forward for your kind support

Regards,
Vivek Gaikwad
9860619675

like

If I had a traditional IRA before being employed in a 401k eligible role, can / must I roll that IRA into the 401k or can I leave the accounts separate without deleterious tax consequences?

like

EY Canada or Cognizant Canada.
Both offering same money same position- Manager. Work at EY(PAS)would be technology agnostic. At cognizant(oracle practice) it would core oracle consulting.pls share your thoughts. Does any one know about their benefits?

like

Where are my lesbian 🐟 at?

likeuplifting

Alvarez & Marsal Any 🏳️‍🌈 🐠 that have worked at Alvarez & Marsal? I’ve got an offer for the PEPI group and would love to hear any insights.

like

Does ICICI Bank negotiate after the offer letter has been released?
There were no discussions during the interview. I have been offered 19.6 lpa for Chief manager1 (yoe 6.5 yrs)
Is it too low for this designation
Would be grateful for any view

like

Any Sales tips? What has worked for you all when doing cold calls? And any tips and idea on building your book of biz?

like

What salary can I expect for PWC Consulting (Advisory) in Dubai? Base + Housing Allowance?

like

About to start work in ME, with the office being in Business Bay. Any recommendations on the areas I should look for accommodation? With pros and cons if possible

like

Anyone in SE Louisiana looking to sell a book of business?

like

At long last... and no, did not get for MSRP.

Post Photo
likesmart

Get to know me!

- Worked in Tech for over 20 yrs
- Born and raised in The Dominican Republic
- Moved to he US at 17 after HD
- Living in NYC
- Started as a Help Desk Support Technician
- Love humans way more than technology
- Fierce advocate for Diversity and Inclusion
- My mission si to elevate the voices of women and underrepresented minorities in Tech
- Love traveling and photography
- Ready to give back!

How about you?

Post Photo
likeuplifting

Additional Posts in Option Traders & Investing

6/8 Thread (General):

like

Everyone’s so focused on Airbnb and Doordash lol. Nobody’s talking about C3.ai though 👀

like

I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

likehelpful

Bets videos on YouTube to learn to sell covered calls

like

For those who have been driving the daily thread posts (senior tax accountant / KPMG / etc) please DM me if interested in becoming a community leader for this bowl. I’ll put you in touch with Sam from Fishbowl. Thanks!

likeuplifting

What do you guys think about Investing in palantir which IPOs tomm?

like

When did this bowl become so competitive and spiteful? Why can’t we just be happy and support each other?

likesmart

Noob question on selling puts- I just sold a weekly put that I WANT to get assigned. The stock fluctuate a few dollars a day so I’m looking for a specific price to own the shares at vs entering a limit order. The stock has already gone below my selected strike price by a 30 cents today but I haven’t been assigned the shares 🤔. Is it only by expiration day or am I missing something?

like

My play for next week:
Sell the SPY 200 puts since the market would plummet. Look for opportunities to buy back, probably when the stim bill passes. Would love to hear your thoughts on it

like

How on earth are you guys getting into these AMD calls for 5/1? The theta is scaring the devil out of me. I almost went with the peer pressure yesterday and then backed out (I am bullish in AMD)

like

New to options on fishbowl - I have a call itm with Robinhood that expires tomorrow. If I don’t sell it, what happens? Will they exercise or am I better to sell it?

like

Shifted more options profits into 250 NOK shares

like

Thoughts on SNAP puts ? I feel like Snapchat is the least utilized social media platform behind IG, tik Tok and Facebook. Yet it’s basically at a 52 week high

like

@BC what do you think about SHOP puts?

like

Been lurking on this group for a while. I’ve only traded stocks ever. What’s the best way to start with options? Any great video tutorials or websites that can help me understand the basics. I only have theoretical knowledge of options thanks to a derivatives class I did at college.

like

How do real estate lenders take cash flow into consideration? For example, typically I would probably only be approved for a $500k loan ($125k comp and $100k for down payment), but if I’m buying a multi-family home and planning to live in a unit and rent the others, will lenders approve a bigger loan?

like

$DPZ 370c 3/27

like

Sundial Growers 🏄🏻‍♂️🏄🏻‍♂️🏄🏻‍♂️

like

How do you renegotiate your commission rate on TD Ameritrade and it’s platform ThinkOrSwim? Is this requested online or do you have to call in? Does it have a decent success rate? Im at the original .65.

like

6 questions:
1-When to buy put contract?
2-When to sell put contract?
3-When to exercise put contract?
4-When to buy call contract?
5-When to sell call contract?
6-When to exercise call contract?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal