It's a machine and your cog, what did you expect? A sorry note and some flowers?

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The federal reserve is not the government. Everything I said is correct. No one prints money out of thin air. Every dollar “printed” whether physically or digitally represents a government backed debt, that’s why bills say “federal reserve note” on them.

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Are you serious right now? I told you how the process works and you still will not go and do your own research to confirm. What do you think it means when the federal reserve is “shrinking its balance sheet?” It means they are loaning the federal government less new money and letting the treasury notes they hold mature and the way this process slows down inflation is now the federal government goes to private citizens to borrow through treasury note taking money out of circulation.

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No worries at all, I love talking about this stuff. I've been doing this shit for years now and learned a lot of lessons that way. Always glad to share/discuss To your first point, the simple answer is, you don't. It's the same as selling a stock while it's running up and watching it run up even more or selling a stock that's falling and watching it recover afterwards. You will feel sick if it's a lot of money left on the table but as the saying goes "a bird in the hand is worth 2 in the bush". Think about how much worse it would feel if the opposite of what happened had happened. What if you didn't sell at all and the stock reversed and you just lost a lot of money by sitting idle and not doing anything? It's always easy to look back in hindsight and say you should have done something different after knowing how things would have played out. But just because the good outcome could have been better doesn't mean you were wrong for choosing the good outcome. Never doubt yourself when you come out ahead. The name of the game is profit, not becoming an overnight millionaire. I've exited tons of plays way too early over the years that have made me sick. If you want an example of one that still haunts me to this day, here you go lol: * I sold these 500 GME shares in March 2020 that I had bought a couple of months earlier cause I thought the stock was oversold and overshorted for a nice 20-30% gain at $3.64. The stock proceeded to >100x over the course of the following months because of the WSB/roaring kitty insanity that I could never have seen coming. I could have been selling calls/the shares themselves and been retired by now off that 1 play had I held. But how tf was I supposed to know that was going to happen lol? I was literally in and out of the play before roaring kitty even made his first post based off the same thesis he had. Only difference is I didn't make posts about it or have the backing of millions of wsb regards at the time lmao 😂😭 If you ever feel like you sold too early and regret not waiting and making even more money, I urge you to come back to this post and look at that image. Sometimes, unpredictable shit happens and it hurts, but you just have to move on to the next one and leave it in the rearview. There's always more plays to be had and dwelling on the past only messes with your ability to make good plays in the future. About 1 month after this play, I had my biggest ever options win with a bunch of TLT calls that ended up gaining 18000%. I sold most of those way too early but I have a screenshot of the last few I still had the day i sold the last of em: * OK I know this comment is getting way too long now so I'll try to address your 2nd question quickly here. Yes, it sucks when you buy a stock and sell calls only to find it dropping past where you profited off the premium. So how do you play this? The way I do it is by adhering to 2 rules: 1- Never buy 100s of shares of a company you'd have issue owning 100s of shares of. Simple. Don't go buying some shit penny stock or the latest no-name pumping stock to try this method on cause chances are you'll get stuck bagholding and losing money on it while feeling shitty that you don't even like/know the company. That's why the example I listed in my post above mentioned my doing this with RDDT. I don't mind having hundreds of Reddit shares at a valuation of 6-8Bn. Matter of fact, if I could have thousands of em right now I would. I love them long term. 2- Only sell calls when the stock has recently made a big move up causing the calls to be temporarily mispriced (due to a combination of volatility and unexpected move up). Once the upward momentum premium is baked into the call price, you'll get much more bang for your buck from selling it and it would take a much bigger move down to put you in that position you mentioned Side-Note: if you have the ability to sell multiple calls, don't sell them all at once. Space them out in case the price gets more attractive a day or 2 later. Example: I sold calls on half my Reddit shares when the stock first went to the 50s after IPO then sold the calls on the other half when it proceeded to go even crazier and ran to the 60s the day or 2 after. It ended up averaging to a really nice selling price overall that way. Anyway, sorry about the wall of text lol. Like I said, I love talking about this stuff haha. Lmk if you have any other questions EDIT: Reddit didn't let me put the images in this comment for some reason so I put them as replies to the comment below just fyi

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From FINVIZ. Enter the ticker and scroll down. OP saved this pic from my post on Stocktwits earlier today. Not hating on OP. Hope SNAP crumbles. One thing to note; SNAP pay is comp, all these are scheduled. Still no one buying in the past year. https://preview.redd.it/5zk27cgxb4zc1.jpeg?width=1179&format=pjpg&auto=webp&s=107cce4f81f611fd1b20d06b64fd031036865c2d

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I’m no AAPL bull But I think it’s important to note that Apple is still their largest position

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On a serious note. Y domp?

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No, the government borrows the money. There is a treasury note for every dollar printed which is paid back with interest using tax revenue

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This was my assumption, but it wasn’t clear on the auctions I was looking at given their own examples for a 4-week note.

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Note to self: Close all short term positions before.

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