Great job… unfortunately we are all getting crushed right now with the JP plunge in December and interest rates heading back up to 5% …this should be over by Spring time after that it should be clear sailing ⛵️⛵️⛵️
Yeah I think you’re right! Bummer seeing things pullback but awesome for buying opportunities. Hopefully we get a nice push like you said in the spring!
Thanks!! Almost bought some more YMAX today, but think I will hold off and preserve some cash in case we go lower on the coming weeks. But who knows 🤷♂️
I have never done options before but curious So you got like one contract in your portfolio for $25 msty puts? How much did it cost to do that option And I assume if it does not get to $25 it expires worthless?
I sold a cash secured put at the 25 strike and got paid a premium for that. If Msty is above 25 on exportation date I get my cash back I up as collateral and don’t get assigned any shares. If Msty is below 25 I will get assigned 100 shares per contract at the 25 strike.
Good questions. Honestly I don’t worry about things I can’t control. On the contrary, if you wanted the control you could just turn auto drip off and buy shares on dips! I try to go the set it and forget it method with a lot of these
@ I think you are getting the low price from your DRIP. Which is excellent in the long run. Some brokrs, Schwab 😒, dont work the same and they will reinvest the shares but it’s not as well done and sometimes the shares are a bit higher. Rock on YMaxBrother! 🤟🏼
TORM a good one to look at 26.40% Yield increasing their profits year on year
Great job… unfortunately we are all getting crushed right now with the JP plunge in December and interest rates heading back up to 5% …this should be over by Spring time after that it should be clear sailing ⛵️⛵️⛵️
Yeah I think you’re right! Bummer seeing things pullback but awesome for buying opportunities. Hopefully we get a nice push like you said in the spring!
Thanks!! Almost bought some more YMAX today, but think I will hold off and preserve some cash in case we go lower on the coming weeks. But who knows 🤷♂️
It’s so tempting not to load up but smart call. I think we have more pain ahead
Very nice spreadsheet DM!
Aww thanks Mary!! Love seeing you on the Yt side do things as well:)
@dividendexecutive of course! You are doing an incredible job putting all this together. Thanks for all you do 🙏🏻
Nice portfolio bro
I have never done options before but curious
So you got like one contract in your portfolio for $25 msty puts?
How much did it cost to do that option
And I assume if it does not get to $25 it expires worthless?
I sold a cash secured put at the 25 strike and got paid a premium for that. If Msty is above 25 on exportation date I get my cash back I up as collateral and don’t get assigned any shares.
If Msty is below 25 I will get assigned 100 shares per contract at the 25 strike.
What is that tool or app called to track your $25,000 goal or is it part of an investment platform that I can use? That looks like a tool I could use.
When Robinhood reinvests are you getting the lowest price? Ive heard they pay a little late, so curious how it’s affecting your bottom line?
Good questions. Honestly I don’t worry about things I can’t control. On the contrary, if you wanted the control you could just turn auto drip off and buy shares on dips! I try to go the set it and forget it method with a lot of these
@ I think you are getting the low price from your DRIP. Which is excellent in the long run. Some brokrs, Schwab 😒, dont work the same and they will reinvest the shares but it’s not as well done and sometimes the shares are a bit higher. Rock on YMaxBrother! 🤟🏼
How do I create a spreadsheet like that
W