The energy transition - the process of moving away from greenhouse gas intense energy consumption towards more renewable energy sources - presents a significant positive demand shock for the metals needed to build out grid infrastructure, distribution and transmission cabling, vehicle charging infrastructure, battery components, solar panels, and wind turbines....
... for an "investment challenged" spouse. So, you've got a spouse who's not that tech savvy, gets the glazed over look when you start to say the word "roll over," and then goes positively cataleptic when you start saying the words "dollar cost averaging in," "covered call," "risk premium," and "short delta hedge." Ugh. How can I possibly set up their IRA so...
This explains what we're experiencing now or will when we try to retire on our 401K Plan. To put it simply, inflation has eroded the purchasing power so dramatically that retirement may no longer be a viable option for most non-governmental workers!
EARNINGS: PDD (72/92): Friday, before market open. BIDU (81/61): Monday, before market open. TGT (55/49): Wednesday, after market close. NVDA (51/62): Thursday, before market open. LOW (51/63): Wednesday, after market close. Both PDD and BIDU are ADR's, so look to put on plays post-announcement to catch earnings afterglow, if at all. The dates of their...
... for a 1.83 credit; delta/theta -33.33/3.30. Notes: Here, overwrote 20 delta calls in April and May late in the trading session to flatten net long delta'd covered calls I have on in TLT and to add a little something something to what is now a low yielder from a dividend perspective. As you can see by the chart, we're basically at all time highs since...
After taking off a similar setup earlier in the day, re-upping with a covered call long delta cutter setup using cheap longs in the September cycle (I paid .07 a piece for them) and shorties in the May, June cycles (for which I received 5.84/contract). At the moment, I bought a few more long contracts than short ones, so that I can add more short call units later...
... and selling the 250 short puts to finance for a net 2.90/contract credit. (See Financing Strike Improvement Post, Below). Notes: My original thought process behind just rolling my 255's out "as is" over time was that I (a) didn't have all that much time until retirement; (b) have experienced a couple of those 40% sell-offs and didn't want to endure another...
... for a .48 credit. Notes: One of the underlyings on my IRA shopping list, pulling the trigger here on a "not a penny more"* short put at the 52 strike with a resulting cost basis of 51.52/share if assigned on the 52 shortie. The current yield is 3.06% with an annualized dividend of 1.85. Will look to roll out "as is" at least quarterly for further cost basis...
... for a 26.47 debit. Metrics: Max Profit on Setup: 9.53 ($953) Max Loss on Setup: 26.47 ($2647) Break Even: 191.43 Debit Paid to Spread Width Ratio: 73.5% Delta/Theta: -62.91/4.51 Notes: While I'd like to wait for QQQ to revisit all time highs to put this on, I'm pulling the trigger on this delta cutter here in the IRA (See Post Below), buying the 90 in the...
GBTC - Bitcoin for your IRA (Basically) Green targets are representative of bitcoin $4400, $4800 and $5100 figures for this rally. Current price has passed 1.618 advancement. Next targets are $5.51 (bitcoin $4400) (+10% from current) $6.18 (bitcon $4800) (+25%) $6.85 (bitcoin $5100) (40%) Then expect one last bitcoin correction down to $2800-3100 ($3-4 GBTC...
The trend is definitely your friend in WDC. 163 price target of extension. Very deep wave 2. Excellent dividend to boot. Could be a game changer added to a long retirement portfolio. Digital media storage is not going anywhere for the foreseeable future as Euclidian Physics still dominates Moores Law. When the Qbit becomes common place - reassess this...
For what seems like eons in the scheme of things, I've been working an IRA that is predominantly made up of SPY covered calls. Each month, I basically just look at selling calls against my shares to reduce cost basis in them and to give me a bit of some downside protection in the event of a sell off. Additionally, every quarter, I look at the long-term charts...
As anyone with a 401(k) knows, you've got two things you can do with it in terms of investing: you can "allocate" and your can "contribute." When you "contribute," you're basically having a portion of your paycheck taken out and stuck in a fund (usually broad market based) every other week and there is basically no rhyme or reason as to your entry. You "buy" a...