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Yea, the IBIT was definitely a gamble, but the situation just looked like the shorts were going to get squeezed. I probably won't buy calls too often, but when the entire market is screaming squeeze, I had to put my money in.
If you sell covered calls, just don't do it below your strike. That's the whole basis of the wheel, I'm just collecting premiums off of fear and volatility.
I'll do one later today. After my coffee 😁
I should do another update, it's been a few weeks, but I've been having a lot of fun with the wheel.
I've actually been keeping an eye on Sofi for a while now. I want to eventually add it to my wheel. It's less volitile, so lower premiums, but thst also makes it safer to wheel.
I'll probably start spreading out a bit if/when I get to 10k
Also depends on what data walsh considers to be relevant. I've been digging around on him a bit, I still assume that he is going to cut rates, but I don't know how aggressively.
The people who hate HOA's probably didn't read them before they moved in, or they shouldn't have moved in if they didn't agree with the rules.
I wouldn't live in an HOA personally, but they exist for a reason. If you find one that works for you, I say do it.
That's exactly the type of place I live. There's restaurants, entertainment, etc. My wife works from home, but both of the cars are paid off. There may be an argument to downsize to just one eventually though.
I love my current place, I don't imagine I'll be leaving soon. It's more of a living/shopping hybrid. I walk to the grocery store daily.
Absolutely