Daily, Monday through Friday, Rosi snd I and live on income earned from selling covered calls and cash-covered puts. Doing so on a daily basis became possible only recently. Monday through Friday, in less than 10 minutes, we carry out the necessary steps from anywhere on the planet where we can get an internet connection. […]
On October 1, we published an article titled Making 16% annually using derivatives. Yesterday, one of our members asked how we select the strike price and premium. We are grateful for this important question. A strike price just out of the money produces the best returns. So, if SPY trades at $569.28, that is […]
Making 16% annually using derivatives The link below leads to a relevant Forbes article by William Baldwin, updated on Dec 14, 2020. https://www.forbes.com/sites/baldwin/2012/07/17/covered-calls-what-works-what-doesnt/ This post will show how investors can earn 16% annually safely writing (selling and never buying) covered calls and cash-secured puts. Read again. …16% annually safely… Investors can do this with any […]
Remember that we should write covered calls only in our “fun” portfolio. This portfolio should add up to no more than 10% of our market holdings overall. If we lose it entirely, it should make no difference to the way we live. No one needs a “fun” portfolio; relying on the habits of the Monday […]
We should only sell (only sell and never buy) derivatives (puts and calls) in our “fun” portfolio. Doing so invites a level of risk inappropriate for our core portfolio. Social Sciences Research Network (SSRN) is an outstanding source of academic, evidence-based information. The SSRN economic papers are difficult for the layperson to understand, but the […]
We should only sell (only sell and never buy) derivatives (puts and calls) in our “fun” portfolio. Doing so invites a level of risk inappropriate for our core portfolio. Social Sciences Research Network (SSRN) is an outstanding source of academic, evidence-based information. The SSRN economic papers are difficult for the layperson to understand, but the […]
Greetings everyone, First, a sincere thanks to all of you who gifted memberships and one-hour sessions to friends and relatives. A more useful gift would be difficult to find. Next, we think all of you who took the time to respond to our surveys. In May, 2021, we asked our members and subscribers to what […]
First, note that we are now offering our yearly subscription for $12. Please refer investor friends and relatives to our program Next, here is what our fearless, intrepid investor did yesterday, August 9, and the result at the end of the day. Since her 1,700 shares were called away last Friday, she bought 1,700 shares […]
This is our weekly post dealing with derivatives (calls and puts). Over 80% of our members are interested in the subject. We normally publish these posts on Mondays, but due to a computer glitch, this week’s post is going out today, Wednesday, July 28. If you are interested, you can still carry out the action […]
This is our weekly post dealing with derivatives (calls and puts). Over 80% of our members are interested in the subject. Here is how we stand now. Last Monday, July 12, we sold 17 just out-of-the-money covered call contracts on Novavax (NVAX) expiry date Friday, July 16. (NVAX C 16JUL21 190.00 ) We received a […]