There’s only so much you can learn from YouTube videos. At some point you have to jump in the water and learn with your own assets. I have started a pmcc on Google. This is definitely a big trade for my account size, but it’s a stock I feel can be a “safe” pmcc stock to learn on. Some people say to run a 50 delta difference, some say 40, some say 60. Some people say sell your calls 1 week from expiration, some say 1 month. I’m excited to see where this trade goes, and to find my own little slice in the options strategy world. You have to try everything once to truly know what you are comfortable with.

I will keep you all updated on this in my weekly posts, but here are the starting numbers. I bought a 105 call expiring December 15th. This has a delta of .88 and was purchased for $2755. My first sold call was a 134 strike for $124 expiring 9/8. This has a delta of .27. I’m gonna start safe and go more risky as time moves into my long option. I will update you next week on this and the rest of my trades

Another week has gone by and left us in the red. But all great investors know that what goes up must come down. Tech has lost pretty big the last few weeks, which has hurt a lot of my portfolio. Not everything has been bad though. Since it’s Friday let’s run through what I’ve done this week.

$SAVE rally on Thursday

Save had a big rally yesterday and it helped prop up some of my losses this week. While it did have a slight pullback today, it’s still up almost 4% for the week.

Yieldmax finale

This week I finishing dollar cost averaging into all of my yieldmax plays. Now we just get to let them ride and see where it takes me. On Monday I got my first dividend from these plays and it net me a big bonus that I got to reinvest. I’m cautiously optimistic on these plays and wanna wait at least 3-6 months before reevaluating.

More $VOO

Just today I put a little more money into voo to hopefully buy the “dip”. I’m not sure how much lower it’s gonna go but I’m comfortable getting more at the 400 mark.

Level 3 options

Yesterday I finally got the call back from Robinhood and passed the interview for level 3 options. The interview was actually pretty tough but we got through it and are moving forward with my option plays. Not sure if Commonstock can recognize spreads, but my spread I opened today hasn’t shown up. I opened a $HTGC credit call spread at $16 and $17 expiring 9/15. You may recognize $HTGC from a few weeks ago when I sold for 35% profit over 4 months. Its charts aren’t looking too hot so let’s see if we can predict a down turn for Hercules.

That’s all for this week. Pretty quiet week of trading for me due to just starting college classes. I’ll see you all next week 🫡

Going back to the old tride and true cash covered puts on stocks with earnings soon.

Another week has passed us by. A week full of swings and dings to the account. Overall for the week we are .5% down, not too shabby compared to VOO at .85% down. Let’s take a look at some of the highlights.

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This week I continued dollar cost averaging into many of the yieldmax etfs. I will have a more in depth look into my strategy and reasoning in a later post most likely next week. I’ll have some of the trades linked to this post.

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We had a couple of swings this week. $IMPUY $WDS (not sure why wds is listed as a 9% gain it was around a 5% gain) and I sold $IFF after hours today for about a 1% gain. I’m not very happy with my decision to go into it earlier this week so I was happy to get out at just above even money. Check the linked trades to this post for more info.

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I deposited a little more into $VOO $QQQ and a larger sum into $JEPI. These are my safer plays and make up a large sum of my portfolio combined.

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Tomorrow I move into my college apartment. It’s been a really fun summer swing trading every weekday, and I’m super grateful to have had the opportunity to start investing this early. We are still at about 40% cash left to invest so expect more buys in the short term. My journey in the stock market is only just beginning and I’m super excited to share it all with you. That’s all for this post and I will see you next week

Another swing trade, will speak more about this in my next recap post, coming soon :)

Getting in on Nfly day one. Let’s ride it out like all the others 🤙

Hey all! It’s been a few weeks since you last saw me. I’ve been dealing with some issues with my broker and linking it to Commonstock, but thanks to the common stock engineers and team I am back online and ready to update you all! Since it has been awhile I’m just gonna do a quick glance over what you’ve missed so we can get back to regular, more in depth updates.

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I recently discovered Yieldmax etfs. From what I understand they are etfs based off of option trading with monthly dividends based off of all profit by the Yieldmax team for that specific ticker. I’ve always been a fan of Monthly dividend stocks. I split semi evenly into 7 of their offerings based on past yields, but with some of these tickers opening up this month there’s no real way to know the future. I’m hoping these can be long plays where I just set dividend reinvesting on and ride it out for a while, but we will see where they take us.

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$SAVE earnings today

Today $SAVE had earnings. I dipped my toes into spirit a few months ago and it preformed pretty well. I’m a big advocate that if we do have a soft landing or a recession you need to have some holdings based off of “budget” goods/services. When spirit dropped for earnings I knew it was the time to pounce. I went for a large trade at 2 separate prices. We will see how these trades go in the long term. $SAVE is not a stock I plan on selling anytime soon, let the monthly dividend reinvest itself and see where it takes me.

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You will see me upping my plays in many stocks in the short term as I have gotten an influx of cash on hand that I feel comfortable investing. So in the short term my portfolio may look less diversified then I normally like it, but that’s just for a short time while I figure out where I want to put this money.

Thats all for this post, I will check in again next week 🫡

Hey all! I wanted to start doing a series on here where I post a handful of my trades. Mainly so I can look back on them later, but I figured if anyone wants to follow along they are more then welcome.

On Monday I did 2 things that I want to mention here. First I sold my previously opened ford puts for .24 (bought at .20). While ford may be overbought in my eyes, I wasn’t a fan of my put expiring in a week and ford having a stagnant/up day on Monday. I made the decision to just sell for the 20% gain. Still trying to decide what to do with my 14.50 ford covered calls (expiring 7/28)

I also got into a new position in $KTB they had recently dropped over 10% and I feel like at the price i bought it at, with the dividend and growth potential made it a short-midterm hold for me. Currently up about 2% as of the time of this post, but I feel like it can go a little farther.

Tuesday was a big day for me. Firstly Microsoft won the case against the FTC causing Activision Blizzard stock to skyrocket. I sold at 91.63 for a 7+% overall gain on the shares I still had remaining.

Roku also skyrocketed today. I’m not really sure why it did this as I didn’t see any major news, but i ended up selling midway through the day for a nice profit overall.

For the rest of this week I’m gonna put the profits I got from the past 2 days to good use, just not sure what in yet. I also need to make a plan for my $F covered calls. That’s all for this post. See ya soon ❤️

ford was up to high over the past week. It was so far over the 200 and 50 moving average it was time for a drop. tried to do it last night but i didnt get to it until 4:02pm LOL. ended up paying double for the put but still happy with the decision overall.