Replies to post #532 on Dividends , The Wheel --Cash secured Puts and Cove

[bar1080]

That's great. Sounds like a good way to keep one's brain active in these times. With luck, our politics and Covid MAY start calming down so that will be a huge void over here.

Hard to determine whether my individual stocks topped my index funds last year. My record keeping isn't precise on that point. Essentially a toss up, I think. My kids, who have a big slug of QQQ, again did very well because of that. 2020 was the year for small caps and junk, and not so much for blue chips. The Dow was only up about 7% vs 47% for the QQQ.

I entered all my stocks in the Finviz Screener as of January 1, 2021 so I should get better data in the future.

One thing that did work out was my avoiding trading. No doubt plenty of traders cashed out in the big March/April market drop. And I'm seeing some locals now saying they're moving away from stocks, which is probably bullish. I assume the masses of IHUBers rarely get it right!

[Topfuel]

Hello Leftovers I got a question on a call I sold on some shares I own its on a feb 19th expiration, It hit the strike price already, Do I have any options to buy back the call, I was just messing around and didn't expect it to take off.

[stoner422]

Curious how far your staying away from the share price on your puts. I've been playing UVXY which is a fraction of the two you are doing at around $10.50 it pays decent premiums for the tight range it's been trading in, managed a 30% return in the three weeks I've been hitting it.