This is going to be a short article, but I’d like to share a great income strategy for those who are dabbling in options trading. If you’re learning about options as I am, you’re probably familiar with covered call writing as this is a very basic strategy great for beginners. Typically when we write calls,… Continue reading Crazy Income Strategy
For those of you who have money in the market, you may have freaked out a bit seeing the drops happening due to rising yields of treasuries. Fear not, because these drops are only temporary and do not mean to sell. In fact, you should never sell especially if you’re investing for retirement. A simple… Continue reading The Beginning of the End?
For those following the blog, this will be a quick update about my portfolio. As to the reverse target date fund, I realized that I didn’t need to draw down on my retirement fortunately so I have reallocated it to a more aggressive allocation. I still stand by my comment that a reverse target date… Continue reading Options Portfolio Update (Jan-21)
Now that we got the clickbait title out of the way, let’s elaborate. Recently, I’ve been paper-trading an account to test a new options strategy called the wheel since the beginning of this week. The account was initially setup with $100,000 in cash and I managed to generate $1,274 this week alone. Assuming I can… Continue reading Wall Street Will Hate You for Knowing This