Rank Strategy Income Consistency Risk Overall #1 Covered Calls (21–30D, ~15% OTM) High Extremely High Moderate BEST overall #2 Put Credit Spreads (21–63D, ~12–15% OTM, 5% wide) Medium Very High Low BEST risk-adjusted #3 Cash-Secured Puts (21–45D, ~10–12% OTM) Highest High Moderate-High Good #4 Collars Low High Very Low Safest Optimal parameters (from grid backtest)…
AI: Best Options Strategy for RSP
AI Response: Rank Strategy Income Consistency Risk Overall #1 Covered Calls (30D, ~15% OTM or 63D, 10–12% OTM) High Extremely High Moderate BEST overall #2 Put Credit Spreads (21–30D, 10–12% OTM, 5% wide) Medium Very High Low BEST risk-adjusted #3 Cash-Secured Puts (30–45D, 7–10% OTM) Highest High Moderate-High Good #4 Collars (e.g., 63D 10%/10%) Low…
AI: Best Options Strategy For SCHD
SCHD is one of my favorite ETFs. It has a nice combination of growth and dividend income. I am on a journey asking AI to tell me what is the best options strategy for instruments in my investment portfolio. Today it is going to be SCHD. I’m not going to post the long detail but…
AI: Covered Calls & Put Credit Spreads On TLT
AI continues to make me a better investor. As a follow up to a recent post about a new app for covered calls, I decided to ask AI to start validating my investment approach to many equities I am investing in. I wrote this post on AI determining what I had already thought, that covered…
New App: Optimum Covered Calls
I caught a break from work and I decided to create a new app for finding optimum covered calls. After writing this post about AI confirming my bias on covered calls on IWM, I decided I should have an app that specializes in finding covered calls for me on the equities AI says are the…
Taking A Blogging Break
I normally have a week’s worth of posts queued for publication during the week which gives me time to write new posts but as of today I don’t have any queued but I do have about a half dozen posts drafted that I just can’t get to right now. The issue is my new job,…
The Best Investment I Ever Made Didn’t Cost Much
The best and most important investment I ever made didn’t cost much in relative terms. What was that investment? It was investing time in educating myself. During our youth, we all are forced to spend time in school. We start in kindergarten, then 1st thru 6th grades, then 7th-8th and then four more years of…
Zepbound: My Health Journey – January Year 3
It is amazing that I am now starting year 3 on Zepbound. Over the past two years I’ve lost about 40 lbs but around November I started “flatlining” on weight loss. I had the same thing happen on the first year around the same time. Starting Jan 1, I got on Atkins diet for two…
“Be First, Be Smarter or Cheat”
The title of this post is from a quote by Jeremy Irons in the movie Margin Call. In the scene (video below), Jeremy’s character, John Tuld, CEO of an investment bank sits at a conference room in the 2 am hours of the day trying to figure out what to do with a bond portfolio…
Outcome of First AI Trades
Well today’s the day for the outcome of the first AI recommended trades. The backstory is here and it achieved the desired results but to recap: For January, I bought 100 shares of IWM at $247.05 then This trade should yield either a gain of 1.39% or a loss of 0.01% (couldn’t get it to…