WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
CHECK OUR TRADES ON OUR MeWe PAGE!


Posted by Martin January 23, 2021

2021 Week 3 results

Another week of 2021 is over and it is time to post the results of our trading. But before I proceed to list my achievements of this past week, I want to share an idea of creating a weekly dividend income. A fellow investor on social media, where I posted my weekly dividend calendar asked Continue reading →

Posted by Martin January 22, 2021

Why am I rolling options and not letting them assign?

A primary goal in my wheel strategy is to generate income, not to get assigned. So, simply, if I can roll the option trade away and adjust my strikes for credit, I roll. Of course, I still have to account for the eventuality that I get assigned. A stock may drop suddenly, I get an Continue reading →

Posted by Martin January 16, 2021

2021 Week 2 results

The second week of 2021 is over and below are the results of our trading.   Account Value: $22,646.49 +$187.81 +0.84% Options Premiums Received: $678.00 January 2021 Options: $1,910.00 Options Premiums YTD: $1,910.00 Dividends Received: $0.08 January 2021 Dividends: $41.58 Dividends YTD: $41.58 Portfolio Yield: 3.46% Portfolio Dividend Growth: 6.11%   In the second week Continue reading →

Posted by Martin January 09, 2021

2021 Week 1 results

I used to post weekly results about my trading. It is a time-consuming effort but my goal is to show other investors and traders who are learning that it can be done. I will strive to keep posting throughout the entire year every week no matter what the results will be. My goal is to Continue reading →

Posted by Martin January 03, 2021

2020 in charts

The 2020 year was an interesting year. It looked like it would be a complete disaster at first, yet it turned around very fast and it became my best year investing so far. Here are some of the achievements in the charts:    · Net-Liquidation Value   It was in August 2019 when my $20,000 Continue reading →

Posted by Martin January 02, 2021

Starting small

It is hard to start investing and trading when you have a small account and only a few dollars in your account. Unfortunately, a small investor is doomed to take a larger risk than if you have thousands of dollars at your disposal. Taking a $500 risk on one trade feels different in a $1,000 Continue reading →

Posted by Martin December 21, 2020

Market gapped down on Covid fear, new trades, and adjustments for 12/21/2020

The stock market gapped down more than 2% on renewed fear of the new strain of Covid. That is, what the media are telling us. I don’t think this is the reason for selling. The market was quite over-extended and some sort of a pullback was needed. That is what has happened this morning. Since Continue reading →

Posted by Martin December 19, 2020

Selling Covered Calls below your stock cost basis. What to do?

The covered calls strategy is considered the safest strategy good for beginners and almost all brokers will allow you to trade this strategy in their basic options trading tier level. Yet, that doesn’t mean that this strategy is riskless and has no potential to give you a hard time trading it. It can become a Continue reading →

Posted by Martin December 13, 2020

Would you worry about valuation getting stocks for free? Yes, or no?

What if you could obtain shares of a stock you want to have in your portfolio for free? Would you worry about the valuation of that stock? For example, when looking at the valuation of Apple (AAPL) the stock is permanently, grossly overvalued since 2019:     And what about Coca Cola? A great stock Continue reading →

Posted by Martin October 24, 2020

WHEEL STRATEGY

If you are familiar with this strategy, you can pretty much skip this post as you already know all the ropes. If you are a novice investor, this strategy may help you maximize your returns. This strategy utilizes trading stocks and options. I use this strategy myself and it generates consistent returns.   Stock pick Continue reading →