StarFoxisDown!
Well-Known Member
Did you see the PPI numbers that came in this morning???Mighty AAPL is in red. J.powell 1 rate cut scared the market.
We’re looking at 2 cuts this year for sure
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Did you see the PPI numbers that came in this morning???Mighty AAPL is in red. J.powell 1 rate cut scared the market.
I think brand loyalty is strong because if you change brand it means you have to accept you made an error in the past. So customers continue to buy the companies who have cheated on emissions and everything just not to face the fact they choose an inferior product for a higher price.While their maybe a few people dumb enough to buy an inferior car because they don't like the CEO of Tesla, and instead buy a car from companies that cheat on their emissions, their crash tests, or lobby to sell more ICE, and whose actions literally KILL people (you have to people a special kind of idiot to make that logic work), there are people who understand how special Elon is and what he has done for the world and humanity. Saw a lady driving this car the other day and I had to take a picture.
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Would love to have a few pints with you here in Colorado.One of these days I'll do a road-trip around the whole US in a Tesla... so yeah...
What's the weekly return, on total capital?i am appreciating more and more the beauty of the Wheel
11%+ large moves like today should be devastating, but i'm covered and get to play another round
no stress, no pressure, no loss
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Did you see the PPI numbers that came in this morning???
We’re looking at 2 cuts this year for sure
150K enough for the strategy with return of 2K per week Yoona.i am appreciating more and more the beauty of the Wheel
11%+ large moves like today should be devastating, but i'm covered and get to play another round
no stress, no pressure, no loss
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SMCI ATM B/W gives 3750 credit or 4.33% 8dte ROICWhat's the weekly return, on total capital?
I've started to differentiate from my portfolio value and cash value now, the only thing that matters is cash and I look to accurate+1% per week, but +2% seems to be fairly doable most of the time- this week being one of the difficult ones where I essentially sat to out, but still scraped $8k on NVDA puts, around 0.4%, better than a poke in the eye
I don't care where the 1% comes from, can be any ticker, any type of position, but I still favour TSLA as I know it and the IV is reasonable, and I prefer my calendar strangles as they're ultimate pretty low risk
I do will have >100x LEAPS, which I plan to roll to sell against, unless the stock moons, then I sell them off into cash and continue with shitcalls instead
i have a $126k subfund, 22dte wheel is 6075.20 unrealized, translates to 2025/wkStrange. Didnt noticed that but saw SPY, NVDA, and AAPL deflated.
That should be good for TSLA.
150K enough for the strategy with return of 2K per week Yoona.
SMCI stocks are expensive with the covered call.
Dog is poor.
That's essentially what I'm doing with my TSLA +c200 LEAPS, selling calls against them, with the +c300 almost LEAPS as the safety-net for rollingnot only that: imagine using LEAPS instead of stock, significantly using less capital
Would NVDA be primed more for these strategy?That's essentially what I'm doing with my TSLA +c200 LEAPS, selling calls against them, with the +c300 almost LEAPS as the safety-net for rolling
I've nearly go enough cash that I no longer need to buy +puts and can go full CSP for 100x weekly
As my cash grows and the 1% increases I need to either go slightly closer to the money, unless IV helps out or write a few contracts more...
I try to hit 2% for the rest of the year to cover the first 5 months
And the kicker is if I tag on an extra $5k each week, it's about what I get in the day job and I may as well stop working
But first I want to run this for 6-12 months and see if it gets consistent results, then I'll have the confidence to stop working
P.S. I'm not keen on buying shares, I still see too much risk there, better to stay in cash and work with LEAPs and shitcalls/puts, once I can offload the +c200 LEAPS for some profits, I will, in the meantime I keep them going
saw a new EQS in the parking lot with out of state plates, and being in an area with few CCS chargers I asked the owner how he got here. He ended up being local and said his wife and son over-ruled him on getting a Tesla and he got a great deal and traveled out of state to get it. I didn't tell him he should have over-ruled them and I'm sure he now regrets it.I was talking to a patient yesterday who saw my Tesla in the parking lot and asked me questions about supercharging and how it worked, he is planning to buy an Audi Q6 étron because he doesn’t like Elon.
I am wondering how many buyers were pushed back by all that drama. Must be significant.
Damn I could live on that. I could probably live on less $700 a week. Sign me up!Strange. Didnt noticed that but saw SPY, NVDA, and AAPL deflated.
That should be good for TSLA.
150K enough for the strategy with return of 2K per week Yoona.
SMCI stocks are expensive with the covered call.
Dog is poor.
I loved my TSLA. Sometimes though I got mad since it's missing 360 cam and didnt beep when I backup into a trashcansaw a new EQS in the parking lot with out of state plates, and being in an area with few CCS chargers I asked the owner how he got here. He ended up being local and said his wife and son over-ruled him on getting a Tesla and he got a great deal and traveled out of state to get it. I didn't tell him he should have over-ruled them and I'm sure he now regrets it.
I got rid of my 'Elon' plate a few years ago. She's braveWhile their maybe a few people dumb enough to buy an inferior car because they don't like the CEO of Tesla, and instead buy a car from companies that cheat on their emissions, their crash tests, or lobby to sell more ICE, and whose actions literally KILL people (you have to people a special kind of idiot to make that logic work), there are people who understand how special Elon is and what he has done for the world and humanity. Saw a lady driving this car the other day and I had to take a picture.
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Medium term I’ll take numero dos a siete
For the later stages of your Wheel strategy, would you repeat the "Stage 3 - selling 2x calls" for a while until the SP is truly much lower than breakeven? Do you have a rule of thumb for when the Stock Repair would be a better option than selling 2x CC again?
you can actually repeat stages 1-3 (ie keep rolling for credit), there's no rule that says you have to "go from 1 to 2 right away"For the later stages of your Wheel strategy, would you repeat the "Stage 3 - selling 2x calls" for a while until the SP is truly much lower than breakeven? Do you have a rule of thumb for when the Stock Repair would be a better option than selling 2x CC again?
No photos (NDA), but from the main lobby you go through a main corridor to the assembly area and missioin control; before you get to the assembly area on the right are two glorified computer rooms with windows to the corridor so guests can see how "advanced" SpaceX is. At least they have moved up from laptops in mission control. It's been a while, not sure if things have been reconfigured.Do you have a picture? The only SpaceX Mission Control I have seen is a glass cube in the Hawthorne factory with a bunch of desks with displays and a big display on the wall... which other than the displays being flat and there being less clutter looks like the arrangement of every Mission Control and Launch Control room I have seen dating back forever.
But that's not a "Mission Control data center" so....maybe I haven't seen what you are talking about.