LQD - Corporate Bond ETF Meets Options! Can we turn a boring 4% bond ETF into a 12% income fund?

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  • Опубликовано: 12 сен 2024

Комментарии • 55

  • @DP52001
    @DP52001 7 месяцев назад +2

    All I can say is that you rock, Dave - keep making these awesome videos - they make a huge difference for the investing community!

  • @brendanquinn6894
    @brendanquinn6894 7 месяцев назад +2

    Thanks Dave. Back in 1972 we had wide ties as well. Remember how wide the ties were, they were like 4 inches across ! We had fat ties and skinny people, nowadays we have skinny ties and fat people ! We also had F Troop and Get Smart on TV, and I dream of Genie !
    The other way to do it is to buy the 100 shares at the market and sell monthly covered calls. But I only do it if you can get a 40 % annualised return or better.
    Keep up the great work and thanks for the review.

    • @wealthadventures
      @wealthadventures  7 месяцев назад +1

      Wide ties will come back! And sadly, so will string ties.

  • @marcalvarado1915
    @marcalvarado1915 7 месяцев назад +3

    Hey Dave! I can’t believe you didn’t reference Kevin Costner’s role in the Big Chill where all we got to see was his bloody wrists. In any case, great content!

  • @shareitwillya763
    @shareitwillya763 6 месяцев назад +1

    I like your idea here Dave. A safety net, but can work up the return with selling covered calls. I wish it had higher volume in the cc options however

    • @wealthadventures
      @wealthadventures  6 месяцев назад +1

      Working out so far as LQD is just "hanging around".

  • @Reza16888
    @Reza16888 7 месяцев назад +3

    Thanks for the Hollywood actors and actresses lesson! 😊

  • @esnoble
    @esnoble 7 месяцев назад +1

    Please consider a revew of Innovator Funds

  • @sonja8942
    @sonja8942 7 месяцев назад +1

    I was looking at LQDW.

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      I should have added that to this video. Similar to TLTW and I have the same feelings about it. I think there are better approaches with options versus their strategy.

  • @brucef1299
    @brucef1299 7 месяцев назад +2

    Old enough to have played Pong (table tennis) on a Magnavox Odyssey. Also old enough to have the means to give this a try. Don't forget to show us the Sell Calls side after you get assigned. I'm assuming you've not been assigned yet or you would have included that in your video.

    • @wealthadventures
      @wealthadventures  7 месяцев назад +2

      I had the old setup that clicked together and the Atari version. No assignment yet on LQD. Just expired puts which works for me.

  • @peterholmes2089
    @peterholmes2089 7 месяцев назад +1

    Thanks, that's an interesting idea.
    I currently have some bull put spreads on LQD dated out to Jan 25. I figure that is far enough out that interest rates should be lower by then. If LQD dips in the meantime, I will likely just sell some more.

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      That is also interesting. I will look at it. Thanks!

  • @Catmain1
    @Catmain1 7 месяцев назад +1

    Thanks, learning a lot of your videos.

  • @tessjones5987
    @tessjones5987 7 месяцев назад +1

    Thank you. I am studying options now.

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      Welcome! Good luck. Any questions, just ask.

  • @gagarwal
    @gagarwal 7 месяцев назад +3

    Thanks Dave

  • @ronrocheleau3035
    @ronrocheleau3035 7 месяцев назад +1

    Keep it up!

  • @user-dw2iu8rz9s
    @user-dw2iu8rz9s 7 месяцев назад +1

    Your gambling pitch at the end reminds me of how I try to sell my wife on my "good ideas." LOL. I think this is a good safe wheel strategy and a good example. Nothing wrong with some LQD. I used to sell options on higher premium more volatile stuff and come out good in the end but it can eat up a lot of cash especially when you do it a lot and be stressful at times depending on personality and patience. These days I prefer to just dollar cost average high quality covered call ETFs because it's just less work and I get exposure to a lot more. That said nothing wrong with doing it on your own. It's always nice to do these strategies on stuff that pays a dividend as well if you can. Great video and explanation.

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      Ha! Thanks. The wives will never understand... So many good ideas.

  • @RaadYacu
    @RaadYacu 7 месяцев назад +2

    I like it
    best of luck in Vegas

  • @dangcjr
    @dangcjr 6 месяцев назад +1

    Love the Chanel and big fan of this strategy, but I have to call out something I certainly don’t get and that is as soon as I sell a cash secured put that cash must be just that, cash. It can’t be in a money market fund earning 5%. I have fidelity, Schwab, and robinhood and they are all this way. So in your example I would only get the 6.66% when selling puts. Yes if I own the stock and selling covered calls that generally works to collect the underlying dividends and call option premium.

    • @wealthadventures
      @wealthadventures  6 месяцев назад

      So when you sell a put in your Fidelity account, it hits your cash balance? Do you have margin setup? If I sell a put it hits my balances but does not hit my cash balance. I need to make a trade and see exactly which area it hits.

    • @dangcjr
      @dangcjr 6 месяцев назад +1

      @@wealthadventures I do see choice to use margin instead of cash but how much do I need to pay for margin? I would think more than 5%?

    • @wealthadventures
      @wealthadventures  5 месяцев назад

      @@dangcjr I don't use my up my margin. I'm just using it to support my option trades. I have never had a fee. Trading options should work against your cash position but only at the option value. You will see a reserve under your balances. So while I have "potential" of having stock put to me from sold puts, it does not have a large impact to my cash position. Make sense?

    • @dangcjr
      @dangcjr 5 месяцев назад +1

      ​@@wealthadventuresthanks I will look into this and yes it makes sense. Currently when I sell a cash secured put I need the cash available, not in money market fund to be available to purchase the underlying stock at the strike price and quantity.

  • @allisonearley9944
    @allisonearley9944 7 месяцев назад

    Precisely Article 8 of the Uniform Commercial Code.

  • @dennisweaver3646
    @dennisweaver3646 7 месяцев назад +1

    That is a good Idea.

  • @solotrucker
    @solotrucker 6 месяцев назад +1

    New one for you to possibly review. QQQI

    • @wealthadventures
      @wealthadventures  6 месяцев назад

      Yup! Good to see that they got it to market.

  • @zabrill6473
    @zabrill6473 6 месяцев назад +1

    Hello. Great content. Can you go over stock ticket ( MAIN ).

  • @mikeconnell698
    @mikeconnell698 7 месяцев назад +2

    I think you don't like LQDW because it doesn't sell protective puts?

    • @wealthadventures
      @wealthadventures  7 месяцев назад +3

      True. I think I can do better.🤷‍♂️

  • @normansimonsen1203
    @normansimonsen1203 7 месяцев назад +1

    Get Pong stuck, so we can get a beverage wile the ads play.
    I've had TLTW LQDW and HYGW in the past. I can't hold stuff that eats its nav.
    Hope return from Vegas +120K.🎉

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      Thanks! I think if you are up for selling some options, you can outperform TLTW and LQDW.

  • @allisonearley9944
    @allisonearley9944 7 месяцев назад

    What can you tell us about Uniform Commercial Code (UCC) And the impact it may have on our investment securities?

  • @davidyin_5346
    @davidyin_5346 7 месяцев назад +1

    How much is the fidelity trading platform subscription?

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      There should be no cost to open up a brokerage account.

  • @itsgeekhead
    @itsgeekhead 7 месяцев назад +1

    Did you get your 120k from vegas??

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      Fell short by 122k... Lol. Good times though.

  • @user-qx9rd9to4q
    @user-qx9rd9to4q 7 месяцев назад +1

    $TRES plays pong.

    • @wealthadventures
      @wealthadventures  7 месяцев назад

      We will have to come up with a complete PONG list.

  • @jennieharris
    @jennieharris 6 месяцев назад

    'Promosm' 😻