Joining the CME gang

Ridin with Hilwheel...yea duuuuuudde
Almost 100 miles ..this thing is fun as fuaark
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Overnight said:
Well Hilmy, with you making that much profit per day on 40-90 bux commies, do you still feel the need to "join the CME"?

It certainly doesn't seem to me you would want to at this point. Would be a waste of money.
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i have to look at it again if the commission hits 4 digits

trumdauxu said:
Your strategy still fade setup into fair value (vwap)?
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can't say. at this point, i'm not going to divulge my strategy. it's working..i'm gonna keep it like that as long as i can...
 
random thought: why not just sell my current stock portfolio and just play the cash covered put. Say on KO? just one stock to manage, it pays 3% dividend and get income from 1.5 months exp. put sell. Using 20% discount off fair value for strike price...
 
hilmy83 said:
random thought: why not just sell my current stock portfolio and just play the cash covered put. Say on KO? just one stock to manage, it pays 3% dividend and get income from 1.5 months exp. put sell. Using 20% discount off fair value for strike price...
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alright i'm going all in into this strategy of doing dividend+covered cash put premium on KO (who doesn't drink coke right?)

sold out of my porfolio. bought 200 shares outright for the dividend. And once my option agreement goes through, will add 1 contract put option every month.

rolling in some money from futures profit into this..

i feel a bit relieved not to worry about 20+ stocks ..makes managing a lot easier.

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hilmy83 said:
alright i'm going all in into this strategy of doing dividend+covered cash put premium on KO (who doesn't drink coke right?)

sold out of my porfolio. bought 200 shares outright for the dividend. And once my option agreement goes through, will add 1 contract put option every month.

rolling in some money from futures profit into this..

i feel a bit relieved not to worry about 20+ stocks ..makes managing a lot easier.

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View attachment 229033
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Why did you buy 200 shares outright? I thought your strategy was to enter the position by selling a "Cash Secured Put" which gives you the premium as free cash and also a discount on your purchase price when you take delivery.
 
hilmy83 said:
alright i'm going all in into this strategy of doing dividend+covered cash put premium on KO (who doesn't drink coke right?)

sold out of my porfolio. bought 200 shares outright for the dividend. And once my option agreement goes through, will add 1 contract put option every month.

rolling in some money from futures profit into this..

i feel a bit relieved not to worry about 20+ stocks ..makes managing a lot easier.

View attachment 229032

View attachment 229033
More...


Yeah, why buy KO outright when you can short ITM puts? Short slightly ITM puts on a variety of high div shares. 5-6. KO, T, etc. Div is embedded if the tenor covers the pay-date and you capture the vol and premium in the same strike call as well.

If the shares rally you keep the prem and will likely do better than owning the share-portfolio outright.
 
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