Cheapo Groovo

How 2 Protect UR Portfolio

Trading cryptos w/o trading cryptos

My proxy for BTC has been  MicroStrategy Inc. I wanted to give my wife exposure to crypto in her retirement account.  And ALLY INVEST doesn't let you buy bitcoin.

But I found a better way. The miners of bitcoin. You can scale in much easier because the price allows for easy LEAP OPTION trades. See my day trade below:

These 2 books are "MUST READS" #investing #money #tradingsstems

OPTION TRADERS

STOCK TRADERS

The latest video on AUTOMATIC INVESTMENT MANAGEMENT #money #miracles

 

Why I Prefer Options Over Stocks

100 shares would cost $8016, but 1 option contract (which controls 100 shares) cost $1940
When the stock moves 1/2%, the option moves almost 4%

Poor Man's Covered Calls #investment #strategy #options

A Poor Man's Covered Call (PMCC), or Synthetic Covered Call, is used to generate regular income as per the standard Covered Call, but instead of purchasing 100 shares of stock, a Deep ITM Call (which is often a long-dated LEAP) is bought.

1. Purchase a deep in the money long-dated Call
2. Write/sell a nearer-dated near-the-money Call

Step by Step Tutorial

$AGNC ~ a powerful income generator if you do this...

$126.60 in MONTHLY DIVIDENDS

plus selling covered calls

3X Income using $QYLD | $345 this month

1. Average down until you obtain at least 100 shares. Collect the monthly dividend
2. Sell out of the money covered calls at least six months out
3.  Sell out of the money cash-secured puts a month or two out

Exited the URANIUM trade $CCJ $URA #options #investing

On Friday, Cameco shares surged despite posting Q1 loss.  So I didn't look a gift horse in the mouth, and I took profits.

Option Education >> The Greeks