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    Selling slightly OTM-Puts-Good Idea?

    You should have placed all that put money into Hertz back in April and May of 2020!! You would have come out smelling like roses... Yeah, back test that one...
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    Selling slightly OTM-Puts-Good Idea?

    You are playing with fire...And you know it. Three examples I lived (and traded) through...Eyes wide open. What Was the Stock Market Crash of 1987? The stock market crash of 1987 was a rapid and severe downturn in U.S. stock prices that occurred over several days in late October 1987. While...
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    IRS audit chances...Under $500K

    This is 2019, but I thought it was a good, quick listen.
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    Using the option market to screen for stocks ready to run

    I will buy stocks and then do covered calls on them. Some I will do just out of the money with a leap. With Boeing (BA)...The issues with their computers (two crashes) and the pandemic. I bought 100 shares at $179.?? I then did a leap for the Jan 22 at $180. I think I got $21.?? ($2,100.)...
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    What happens when the stock you short has a non-transferable distribution?

    It was not land...It was 50% of the oil and mineral rights were kept when he sold the land...
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    Best sectors for next week? Re-opening and fed infrastructure

    These are invest and hold for a few years...Assuming we have herd immunity by May 31, 2021. Choice Hotels (CHH)...People will want to travel. They will NOT want Super 8 or Motel 6!! Choice are nicer motels/hotels for a family on a budget. Also, if you are in the rebuilding of infrastructure...
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    Finding growing companies that will be in the S & P 500 in 2022-23...

    One thing I will do is look at Royce Value Trust (RVT) and Royce Micro Trust (RMT) when their quarterly investments come out. Many times I will buy the stocks on their top 10 list. Then I will do the covered call for a locked in 10% profit, if it gets called away. Many times if I had held for...
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    Finding growing companies that will be in the S & P 500 in 2022-23...

    Yeah, I know, everybody wants them. I am an investor, rather than a trader. Would like to buy, then do a covered call for Jan 22 or June 22/Jan 23. Was thinking of something like Zoom from a few years ago...Just thinking out loud. Any growing stocks come to mind, that have a fair chance to...
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    Is there a technical term for either of these two trades??

    I have done Exxon (XOM) covered calls at different dates/same price. I have also done silver (SLV) for different prices to expire on the same date... Not that strange...
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    Is there a technical term for either of these two trades??

    I think I found something... Calendar Spread By James Chen Reviewed by Gordon Scott Updated Feb 13, 2021 What Is a Calendar Spread? A calendar spread is an options or futures strategy established by simultaneously entering a long and short position on the same underlying asset but with...
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    Is there a technical term for either of these two trades??

    Ahh...You talking to me?? I have written covered calls for about 30 years now. I know the risk/reward involved.
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    Is there a technical term for either of these two trades??

    No, more doing the different spreads...Are there basic technical terms I would find in places like Investopedia?
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    Is there a technical term for either of these two trades??

    These are basic covered call option trades... Buy 200 shares of Coke (KO) at $50. Do one covered call at $52.50 June 21...And another covered call at $52.50 Jan 22. Second scenario...Buy 200 shares of Coke (KO) at $50. Do one covered call at Jan 22 $55. and the other covered call (sell to...
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    LLC vs Sole Prop?

    If you are not tied down, you may want to consider which state you do your LLC. CA vs NV can make a world of difference...
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    Best production luxury car?

    Buy a Yugo...Invest the rest!!
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    Best stock for covered call?

    I will give you 26 companies that you "could" do covered calls on. The market is way up, so this might not be great advice. It is best when you have a slow market and the government isn't printing money. With your strategy the company should be an industry leader...Is growing or not losing...
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    Ima go Broke Trading Long Options...Which Strategies to Focus On?

    Over the years my option trading strategy has changed...It almost isn't even trading options, it is so conservative!! With inflation peeking through the fence, and people from around the world investing in the US market, here is what I now do...Just me. Example (as I write), buy 100 shares of...
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    When will SPY split?

    A compromise...Announce now, after Dec 2023 (options close), SPY will split either 4 to 1 or 3 to 1. All options will have a chance to clear. People can try and figure out what will happen next, without being effected...
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    What kind of luxuries you want?

    You guys are so wrong about millionaires!! Not a clue...They are all around you. The typical millionaire doesn't flash their wealth...They drive a Honda Accord or Civic!! They live well below their means and invest their earned money. Here is a taste of a New York Times best seller for like...
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    When will SPY split?

    For me personally, it wouldn't be fair. I have both QQQ (200 shares) and SPY (100 shares). Many times I will buy the ETF (retiree with cash), and then do covered calls (LEAPS) just out of the money. With an up market it will usually get called away. I am OK with that; profit between buy and...
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