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    Cabin's journal of buys, sells, and covered calls...

    Two things today...Bought a 3 month US Treasure. I made sure it expired the same date another treasure expires...Combine them together the next time for simplicity. Last night (trust), I put in an order (covered call option) for Sysco (SYY). I put it in for the Aug 24 $85. at $1.20 (2). I...
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    SPY Covered Calls - What is a good strategy to use in a Roth IRA when holding SPY?

    It's a formula (and a good one). It doesn't take into account the human side of the trading. Example, buying back a dog (and gleaning a tax loss for April). Also when I see an option getting close to in the money (near expiration), I will buy it back, to prevent large gains (higher taxes)...
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    SPY Covered Calls - What is a good strategy to use in a Roth IRA when holding SPY?

    I put your post into AI...Next I should try Des!! Based on the given text, it appears that the writer is discussing various investment ideas and strategies. They mention specific stock symbols such as UPRO, SPYG, SPY, and QQQ, indicating potential options for investment. The writer acknowledges...
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    SPY Covered Calls - What is a good strategy to use in a Roth IRA when holding SPY?

    I have done covered calls for about 25 years...I've learned a lot. You can look at my thread over the years...Cabin111 (I'm now Cabin1111). I now do two different cover calls...And that is it. 1. WAY out of the money CCs. For just a small amount of income. 2. The other is a little...
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    B. Riley (RILY) debt securities taking a hit...

    Just out an hour ago... SEC probes B. Riley deals with client tied to failed hedge fund - Bloomberg News (Reuters) - U.S. authorities are investigating B. Riley Financial's deals with a client who was linked to a securities fraud, and the use of his assets to help the investment bank obtain a...
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    back testing

    Was thinking back when AOL bought Time Warner!! When you first heard the news, you thought...NO THAT'S WRONG...TIME WARNER BOUGHT AOL!!! AOL was fibbing (lying) about their numbers and usage...After the deal. From Wikipedia... It was the largest merger in history when completed with the...
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    Cabin's journal of buys, sells, and covered calls...

    A few assignments from leaps and long trades today. I had many expire out of the money...I'll just share the fills. I made some good money from the ones expiring worthless. UBER in my Roth IRA got called away. This was the second option I wrote on it. I think I broke even when you consider...
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    Your most outrageous stock market war stories

    Investor here...Mostly do covered calls. I though I was doing a covered call on QQQ...It was a put. I found the problem a few weeks later. I closed my position and made about $300. The next was before "after market trading"...I had a very long option expire at the exact price of the option...
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    Lending...Besides "The Mob"...Does any bank/broker charge by the hour??

    Do some break it down to four/eight hour increments? Just curious...In what situation would it occur??
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    Tax strategies for over $1 million in W2 income

    I'm from CA...I understand what you are talking about. A few things...Have you funded your 401k or IRA/Roth IRA to the max? That is the first thing...Before anything else. The next is to grow assets rather than income. I (for the most part, am asset rich and cash poor). Things like gold and...
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    Cabin's journal of buys, sells, and covered calls...

    Two quick buy backs and options (covered calls)...Options expire on Friday, didn't want them called away. Bought back Welltower WELL for 21 cents ($21.00). Then did a covered call for the June 24 $95...I got $2.85 for it. Bought back MU Micron for $30 cents ($30.00). Then did a covered call...
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    dumb query. If you sell calls on stock you own 6 months out? what happens

    Very very basic term (much more complicated)... Call..."hello, I want your stock that I paid money to you, to make this call during any time of our stated period". PS Including the day after (Saturday), of the close of the option...
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    The biggest advantage of trading

    I watched this part of the movie the other day...Anywhere!!
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    The biggest advantage of trading

    Are you telling me that the covered call is the "safest" option out there upon death??? But, but, but...
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    What other brokers are like Schwab and Fidelity??

    It just hit me...I think I solved the problem. Both my wife and I do not have huge CD/treasuries in our Roth IRAs at Schwab. We will invest and keep low balances in those accounts. What we will do (over the years), is to plan to draw from our Schwab trust account when we need money. So keep...
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    What other brokers are like Schwab and Fidelity??

    When my wife and I get older and frail, we will have a bank trust take care of our affairs and estate. I have money (including IRAs) at Fidelity and Schwab. Fidelity is fine and good. Schwab is the problem. I want to have two brokerage accounts at two different discount brokers. The problem...
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    What other brokers are like Schwab and Fidelity??

    Paywalls...Just a few names please. What is wrong with E-Trade??
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    What other brokers are like Schwab and Fidelity??

    I am talking about fee structure, sweeps, exit fees, customer service... Who is second, third, fourth?? I'm thinking; Wells Fargo, Bank of America... If it was not Schwab or Fidelity for best screen, fill, hand holding, ect...Who would be next and why??
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    The biggest advantage of trading

    You should watch "The Big Short"... You see two types of traders...Be the Dr. Michael Burry and Brad Pitt's character. Do not be those wired up guys. Get some perspective...Close positions. Stop and smell the roses, go for a walk/bike ride. Reevaluate and move on to the next trades...
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    How do you consume news to find when to buy or sell?

    The latest I saw...1/3 of all business transactions (in the US) were made by private equity firms/wealth management companies. It is not like the older days. You have hundreds of companies throwing money at the next Amazon, Facebook. The next company is very very hard to find. I look (many...
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