Yea but he could also make a Millie tax free

---

Without any clear way to predict when insider selling will precede a drop and when it won't, it's pointless.

---

https://preview.redd.it/qstf96ynmeqf1.png?width=1840&format=png&auto=webp&s=312307f2db1670285075c3b88d5b4e4acd40ed79 I sure hope it doesn't dump. It's been a good run so far for me

---

Am calling it now, this looks like a fake screenshot, numbers don’t add up.

---

There seems to be a lot of all-or-nothing with covered calls. You can always sell fewer contracts and keep some shares with no obligations if you think the upside potential is worth it.

---

Sorry, I wrongly understood you put 100% to 0dte calls. My bad. No, I am not satisfied with SPY annual returns. EDIT: As a EU citizen, I am not allowed to buy SPY or any USA ETF but I am allowed to buy their options. When I read SPY, I associate instantly with options 😂

---

I am sorry that you lead such a miserable life. My lowest point was much lower (slightly visible on the left). The graph only covers a few days.

---

This is gambling with zero diversification. At the end of the day you may stand with a big red zero on your statement.

---

I don’t really have a strategy, except buying solid companies, selling covered calls (which I buy back for a profit when the stock dips), protecting with puts (which I also sell for a profit when the stock dips), buying on dips, and buying puts at market highs. A mix of everything. My mistake was trying to succeed with bad, cheap, or penny stocks. That will never work. They’re money-eating monsters. Occasional or random success doesn’t mean your portfolio will grow in the long run. Occasional success is just bait. On the other hand, if you invest in big companies, go have some beers, and come back in 15 years, growth is almost guaranteed. In 2010, I opened a restaurant and lost $700,000. Had I invested that money in Apple shares instead, it would be worth $16,000,000 today. I will just no more touch companies that are not established big companies. I don't care if they are in a bad position right now (for example LULU). I don't touch restaurants, bioscience and only rarely fashion.

---

Sometimes you forget they are a hooker...

---