CSPs printing money weekly. Seems consistent and low risk (I don’t fork with meme stocks). Losing motivation to work thinking that this could scale to replace my day job.

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

I have a realized gains of ~30k this year, only doing this on weeks where I’m not too burdened with work.

like

Could you please teach me?

like

Why don’t u provide more details on what strategy, tickers you use for the benefit if the group?

like

A red day is also proven to recover within 1-2 weeks for stable companies.

Look at CRTX csps lol

like

Keep one thing in mind though. Doing puts on own money as collateral has proven to provide less returns versus holding the stock upright. Csps or running wheel on margin is a better choice. Own moneys should ideally be put to work in long term stocks and only used for selling covered calls. I am assuming you get rid of the stock if you get assigned?

like

do you sell weekly or monthly CSPs? The premiums from selling monthly CMPS puts has been insane

Premiums are unbelievable, but it doesn’t fit my criteria of stable, proven tech companies.

What stocks are you selling put on?

I do similar (theta wheel) with a higher focus on CSP vs getting assigned 100% of the time. You need a large amount of capital otherwise you have to utilize margin. My focus is on TLRY (largest paper loss), RIOT, AI, HUT, SNDL, WISH (ouch), SOS, and some more stable companies. I prefer weeklies but take monthlies sometimes.

Forgot to mention this is my first year of the strategy and mounted some pretty bad paper losses (TLRY) that I’m selling CC on now till it gets back to my price of entry. Luckily I’m a fan of the company.

Related Posts

Thoughts on Sherpa Prep in DC? Targeting 730

like

Looking at a walk-up apartment in Downtown Brooklyn. I’m getting concerned over safety (ie walking around, getting home from the station at night). Would be living right on Brooklyn Heights/Cobble Hill border. Appreciate any thoughts/pros/cons, thanks!

like

Salary for jr strategists at nyc firms??

like

Hello...anyone can provide assistance with a 4th grade student struggling with reading. The student currently has an F in reading and the parents want to get at it early. Thanks in advance.

Educational book recommendations! I love to read, please list any educational books you loved, especially related to special education!

like

I have one month left to finish my thesis. I know, I’ve screwed up. Anxiety got the best of me. Is there still hope?

like

How is return to site policy for bny ? How many days WFO & wfh ? Any input on this policy ?

Anyone with US Trust as a PCA? Looking for additional details in terms of the culture, day to day type of things and how you’re doing there vs. what the recruiter stated was the average?

like

Is there a smooth way to transfer work files to your personal computer?

likefunny

What is the Joining process in Juniper Networks?

When will I receive laptop, my Joining date is 4th April,
Do i need to go to Bangalore?

like

Hi I am a software professional with around 12 years of experience. I am currently working at D. Can any one please refer me to KPMG?

like

Looking for recommendations to generally upskill my Strategy work (or learn from scratch) — be it courses, classes, books, podcasts, people to follow.

For context, I’m a freelance Social Media Manager/Strategist and I came into Ad world via Startups. Throwing myself into learning on the job with more Strategy gigs - but I still don’t feel like I quite know the lingo or best practices or theories.

like
like

Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

like

Which tier of Barbri bar prep should I get?

like

Hi all, I had a question causing stress to me . Can my employer make an epfo portal entry without any EPF form signing or even giving a formal appointment letter with all t&c like NP etc . Just the NDA has been signed by me . Not even a month is over . TIA ..

likehelpful

Preferred office: silicon valley or SF?

like

What type of exit opportunities have you seen come across? Any issues exiting without an MBA?

Have any of you discussed complete remote work with your manager?

Unfortunately was a part of layoff from publicis sapient. I have 1 month to find another job . I m 2022 pass-out please help to find another job.

like

Additional Posts in Option Traders & Investing

Results from week of 8/20:

Regular acct:

Post Photo
like

I have had a rough time with Visa and Mastercard. Bought V at 213, MA at 338. Should I add to those positions further? Also got some SQ today at 209 and looking to get more as it hits 200.

like

What we shorting boys

4/8 Thread (General):

like

Should I cut my losses for uvxy for oct 25 calls?

Might be a good day to unload some tech before it tanks again 🙃

like

I have another questions please.

For example, if I sell an Apple put for this Friday at $90 strike (let’s say it’s currently trading at $100). If Apple goes below $90 during the week but is above $90 on expiration day - is it true that I can get assigned during the week? I.e. isn’t assignment only on expiration date?

like

2 weeks ago i ha dposted about MMEDF. I Bought in at $1.70 and some more at 2.20. Now its at $4.60 today. I didnt post but i also got in RVVTF at $0.33 and now its at $0.67. Dont think its too late to get into RVVTF.

like

Do you need enough capital to buy the lot if you are selling calls? I am level 3 (highest level), but TDA won’t let me sell options if I don’t have enough capital held free..

like

Thoughts on meta earnings?

like

If there is a worsening recession in 2023 will the market actually fall more or will it just stay flat?

like

BC what you think of OXY right now for an intraday play, is this capitulation point?

like

3/4 Thread (General):

like

That 3900 level...

like

SPY approaching overbought territory, may see a pull back later this week - but I would hold off on puts depending on the trade news that may come out today.

like

Any $AEVA investors here?

What's your take on some options positions?

like

Question here. I am up a lot on a GS call option that’s expiring this month. I want to avoid paying the capital gains tax on the gains. Is the only way to avoid tax to exercise the option? And rolling the call option to a higher strike won’t work? Thanks.

likehelpful

2/15 Thread (General):

like

Some exciting retail plays on deck

Post Photo
like

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