Opening a new position
Opening and Closing an Iron Condor
Dot-com, 2008, and COVID all rewarded disciplined premium sellers. The honest lessons, including what the highlight reel omits about Buffett's trade.
Rolling All-Weather into September
Rolling into September Expiration
Rolling Small Dogs into September
RSI works just often enough to fool you. How RSI(2), RSI(7), and RSI(14) together, plus the expected move, time credit spreads without demanding precision.
Three winners come off in nine days, the book climbs to +177.5%, and next week brings the heaviest earnings wall of the season. We go in light, on purpose.
Three ceilings lowered in a single afternoon, $3.46 booked, and what a finished Toast campaign says about the Netflix position we are running right now.
8 ETFs Above 50% IVR. Energy IV Exploded 30 Points. Oil Up 10% on Red Sea Attacks. FOMC Wednesday. MSFT, META, AAPL, AMZN All Report Next Week.
Verizon beat and rose 6 percent. Nokia beat and fell 5. Our positions moved twenty-two points in each direction. Neither outcome had anything to do with skill, and that is the entire point.
The covered call lets stock owners sell a call option against their shares to collect premium. Here is how it works, how to choose strikes, and how to manage the position.