Quick post while I’m traveling in Washington DC. After some up-days we have a little down-day, great time to sell some PUTs – Here are a few trades we are doing that expire this Friday. GOOGL $105 PUTs filled @ 1.10 GM $39.50 PUTs filled @ 0.26 SU $31 PUTs filled @ 0.17 X $21.50Continue reading “I’m Just a Bill on Capital Hill.”
Category Archives: business
Oh No, Oh No, Oh no no no…
Fridays market ended a crazy up and down day, we could have ignored everything and be assigned to sell calls next week. Instead, we decided to not get assigned on all of our positions. Either way you can make good money, with the upcoming holiday on Monday we would have a short trading week soContinue reading “Oh No, Oh No, Oh no no no…”
Looking back one week…
We finished the week lookin good and took some additional trades. What exactly did we do? We traded options, we sold Puts on these stocks and a few others. Once we put in a trade and collect the premium we then initiate a trade to buy them back at 90% or let them expire atContinue reading “Looking back one week…”
Down Day, Good Day
I’m excited having a job where I look forward to Mondays to see what the market does, 🤣. Today is a down day after last weeks nice gains, we made some good profit selling Calls on our positions and had a couple stocks get called away and kept others that dropped down on Friday whichContinue reading “Down Day, Good Day”
Life Goes On, ba da dum didi dum
July was a slow month for trading, family drama, questioning my own existence… human stuff, dang I thought I was super human, reality check. August is looking good, finished Matthew McConaughey’s book, GreenLights. Excellent short read or even better listen. Matthew does the audible book and he is a great story teller, loved his energy.Continue reading “Life Goes On, ba da dum didi dum”
Cryptopia – Wild Wild West
Senator Warren says its ‘Air’, John Oliver referred to it as – ‘Everything you don’t understand about money combined with everything you don’t understand about computers’. I watched on the sidelines for a while just like I did with the EV companies, until I decided they were not going bankrupt, I dipped my toes inContinue reading “Cryptopia – Wild Wild West”
Be Greedy when others are Fearful.
One of the famous quotes by Warren Buffet when he was asked the secret to getting Rich. ‘I can tell you how to get Rich, Close the doors. Be Fearful when others are Greedy and Greedy when other are Fearful.’ Well, I saw some of the fear last week in people, one person in aContinue reading “Be Greedy when others are Fearful.”
Infinity Banking
Coach T from my mastermind group wanted me to write up some info on the infinite banking I utilize. If the numbers scare you don’t worry I will list a few links, books and some professionals to talk to. This is setting up your own bank for yourself or your family, utilizing whole life insuranceContinue reading “Infinity Banking”
Abundance
People sometimes think the rich people are hoarding all the money in the world! But there is more than enough to go around.
#1 Saving Money Tip at Tax Time
Taxes, taxes, taxes. Everyone waits to the last minute and gets all their paperwork together. I threw all my info into Turbo Tax and pushed the button… I owe how much? let me go back over this again, again etc… haha. There are professionals that do this, I’m still stubborn and am doing mine thisContinue reading “#1 Saving Money Tip at Tax Time”
Cash Flow is this Easy 