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  1. luckyfnlou

    California’s Wealth Tax Arrives

    Great. Now I get to seem more Tesla's with California plates moving into the neighborhood. Hopefully they are cool peeps.
  2. luckyfnlou

    Long box strategy to optimize (differ) taxes

    I think this would be way too risky in the same instrument. IRS specifically calls out substantially identical stock or securities. You could use indices that aren't subject to wash sale rules like SPX but since it's MTM I don't think it would work out as you desire. I understand what you are...
  3. luckyfnlou

    Get long

    Thanks for the reply. Great that your kids have so much interest. My 18 year old is not ready yet but he is my only hope. The rest have no interest. I'll have patience... the market isn't going anywhere. How can I learn more about your October training?
  4. luckyfnlou

    Get long

    Hey Dest, I think you have organize a sabatical / training getaway in the past. Do you still do that? Also, you mention sharing your skills with your kids... what age did you find they were ready?
  5. luckyfnlou

    Decent prop firm fit?

    Why don't you just trade your own money? Besides family and friends, who would pay for a part time trader?
  6. luckyfnlou

    Another boring buy and covered call...Citi (C)

    Nice... at the heart of it all I am a divy investor too. The option selling around them is purely for the extra premium I can make.
  7. luckyfnlou

    Another boring buy and covered call...Citi (C)

    Cool. You are right... it works for him. Different strokes for different folks.
  8. luckyfnlou

    Another boring buy and covered call...Citi (C)

    sure, but why not sell more often to earn more premium... that is what premium sellers do and they do that buy burning theta. Ok, I will agree that 2 trades instead of 9 is easier but it does not earn as much premium.
  9. luckyfnlou

    Another boring buy and covered call...Citi (C)

    Good luck on your trade. I sell premium around my positions but usually I'm short puts and calls via straddle or strangle. October is pretty far out. I think you will find most premium sellers prefer selling under 90 days for faster decay. I usually am looking 14-45 days out. I can't remember...
  10. luckyfnlou

    This is the season time catches up with Tom Brady

    The play call in the end caused it but that is football. Odds are Brady stays in Tampa. History shows Brady has done pretty well every other year for a while now. I'm bullish on Tampa next year!
  11. luckyfnlou

    Option Risk Management

    remember this is ibm not IBM so its gonna disappoint. There are opportunities here but they are not as obvious as they seem. Good luck!
  12. luckyfnlou

    Option Risk Management

    you could put some cheap bwb on each side of your condor but that is a bet in itself.
  13. luckyfnlou

    Shorting W... what else should I short?

    exactly... that is why I was laughing at this old thread. My conviction lasted about 2 weeks before I stopped this lol
  14. luckyfnlou

    This is the season time catches up with Tom Brady

    He has fallen off the cliff. LOL... Go Bucs!!
  15. luckyfnlou

    Biden and aides tell allies he is running in 2024 amid growing Democratic fears

    I believe you will be correct. Can we bet on this in Vegas?
  16. luckyfnlou

    My Low carb keto diet and intermittent fasting

    Congrats! The first month sucks but you are way past that so I'm sure you are loving not being hungry all the time from those sugars. I went keto over 3 years ago and intermittent fasting is easy when you aren't hungry. I'm probably more like a mediterranean type diet now but I basically just...
  17. luckyfnlou

    Biden and aides tell allies he is running in 2024 amid growing Democratic fears

    Man I am a Trump fan but really hope he doesn't run. I think we need some Youngkin type candidate to bring shit back together in this country. I'm hoping Trump runs for a house or senate seat but I doubt his ego would allow this.
  18. luckyfnlou

    Shorting W... what else should I short?

    Maybe soon? lol I was looking back at this stupid thread of mine when I thought I'd add some short ideas... it didn't last long. I never went bearish on SHOP but ya never know. Funny how these old threads can remind me how stupid I can be.
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