I am definitely at a plateau. I have lost about 25 lbs and that seems to be a hard limit for me right now based on my 5 mg subscription. I now intend on asking my doctor to bump me up to 7.5mg of Zepbound. I will try that for a month to see if…
Sold More Calls On IWM Today
IWM is a cash machine for me so far. Sold 2 contracts today for $230 which will take me closer to making $2000 for my 30 day window. I now have a full “spread” of calls at the strikes I like so the only thing left to do now is wait. If IWM falls in…
Took 80% Profits On IWM Today
I couldn’t wait for the market to open today. The new administration’s tariff fiasco is roiling markets and it has allowed me to take 80% on some of my original calls and I had already banked 60% profit on some of the others. My new calls are up over 50% in profit already. I sold…
Canadian Citizens Response To Trade War & The S&P 500
Unless you’re living under a rock, you should know by now that the new U.S. administration has imposed tariffs on Canada, Mexico and China. Canada has responded in kind and I won’t get into Canada’s tariffs but I will get into research into what some Canadians are suggesting at taking action. The follow is information…
Financial Regrets: Streaming Devices
I’m a bit of a tech junkie but one of my biggest tech financial regrets are all the streaming devices I have bought over the years. I have at least a half dozen Apple TV devices, half dozen Amazon Fire devices, Roku devices and more. At the time, each device fit a purpose and was…
White House Announces Tariffs
The market sold off late into the day today because the White House announced tariffs on a bunch of stuff. This isn’t a political blog so I won’t get into the details here but those tariffs are going to impact people’s jobs, investments, and retirement. For me, the immediate effect was to see IWM drop…
“No Buy 2025?”
The Wall Street Journal had an interesting article about the hordes of people pledging not to buy anything in 2025. The article describes various people all pledging to cut spending to pay off debt, save money or meet certain goals. People cite high cost of living and inflation as key reasons as well. Tariffs While…
Sold IWM Calls Today
I wanted to write a series of posts on a full life-cycle of a covered call transaction with these posts but the volatility in the market is making too many opportunities for me to use my standard methodologies. To that end I took the opportunity to sell more calls on IWM and rake in $700…
Took 60% Profits on IWM Calls
Yesterday was the Federal Reserve meeting and they decided to keeps rate steady which means I had a tough decision to make. Buy back my calls now at 60% return or let them sit. Normally, I would close and roll calls once they hit 80% profit but because the Fed didn’t cut, the next major…
Happy Chinese New Year!
Today is the start of the Chinese New Year and the year of the snake so Happy New Year to everyone in China and elsewhere that celebrates the Chinese New Year!