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Take a look at "Central Banking 101" by Joseph J Wang. It may turn out to be the best book 2021 for traders and investors. Although I have several other strong candidates.

IMHO "Mind Over Markets" by James F. Dalton is much better. Just don't try to use its ideas for shorting stocks. It won't work.

How did you determine those parameters? Are you sure they are optimal?

I have read the paper "Capital Asset Pricing Mistakes: The Consistent Opportunities in Tail Hedged Equities" by Chitpuneet Mann, Mark Spitznagel, and Brandon Yarckin. They define tail risk event as a down 20% move in the S&P 500 over a month. They recommend holding SPY puts with strike roughly...

Recently, I found that if I sell short SHV (short US treasury securities, non-volatile price), I only get charged 0.5% per year. It is about twice cheaper than borrowing money from a broker and keeping a negative cash balance on the account. Is it a good idea to borrow money in such a way and...

IMHO it is not a big problem if you take into account the generous dividends they pay. However, my MPW research history has shown that they can practice creative accounting with no punishment. Also, the market is quite efficient. Dividends well above average inevitably mean there is some...

Currently, many people are excited about the Digital Ocean (DOCN). You can read the recent viral bullish report (forecast) here - https://citronresearch.com/wp-content/uploads/2021/08/DigitalOcean-The-Shopify-of-Cloud-Computing.pdf. Shortly, Digital Ocean seems to be what Shopify was several...

Books by Brent Donnelly: 1. The Art of Currency Trading (2019) 2. Alpha Trader: The Mindset, Methodology and Mathematics of Professional Trading (2021) Start with book #1, even if you don't trade currencies. The second book Alpha Trader has a lot of new insights, but IMHO its structure is...

In this case, the problem is not competition but MPW accounting practices and growth strategy. See the link in my previous post.

UPDATE. I have found the bearish case for MPW - https://seekingalpha.com/instablog/829977-big-river-capital/5517491-medical-properties-trust-sub-prime-hospital-reit-50-percent-downside - IMHO very convincing. Great explanation why it is relatively cheap.

I consider MPW for long term investment

Hospitals seem to be less risky than offices, retail etc. 5% dividend yield is obviously better than 1,5-4% yield of most other REITs.

MPW owns hospital buildings, about 5% dividend yield, and it increases gradually. It seems to be about 20-25% undervalued to compare with other REITs. What am I missing?

Seems like my initial post was too confusing. Now I make it more clear. Hypothetically, I have $100 cash on account. Currently, the stocks are $1 per one share. One option controls 100 stocks. If without leverage, then I can sell only two put options with strike $0.5. It covers with cash 100%...

I was hoping that people who have experienced surges in volatility, for example in March 2020, will answer here. They have seen themselves how brokers' margin requirements change in such situations.

My example was hypothetical. I assumed one unit is 100 shares, i.e. $1 per one share.

Selling naked calls is inherently bad idea. If you feel yourself to be the smartest kid in the group, sell call spreads. I would avoid it.

I think I can handle it. This applies to assets with robust dividends and sectors I'm long-term bullish about.

Let's say I have $100 on my broker's account. There is some asset that costs $100 per one unit. I'd like to sell four deep OTM puts with a strike price of $50. Currently, I can do it, no problem, because the market situation is calm. I see in my account that my purchasing power is over $600...

yes, now I see it, thanks