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High Conviction Investors

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67 contributions to Invest & Retire Community
PYPL and BMY puts
Today I sold 2 contracts for Feb 16 on PYPL 52.5, 1.0 premium and BMY 48, 0.68 premium. I like both positions at these prices and I am not worry if I get them assigned. Also, I think that this is not the correction yet and next week will move up.
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New comment 1d ago
2 likes • Feb 6
@Leon K I only have short Puts on PYPL
1 like • Feb 6
@Leon K TastyTrade recommends selling premium of 1/3 the width of the spreads. Here's one that meets that criteria for PYPL🍺🍺
SMCI parabolic upside
Today 1/2 hour before market close I placed a 5 wide at the money debit Call spread 660/665 for 2.19 expiring this week. After market action SMCI is up another 20 points. So this spread should reach the full 5.00 value this week for 128% return. By the way TOS states my SMCI gains are now 650%. 🍺🍺
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New comment Feb 7
Bullish Mondays?
This author claims Mondays are bullish for SPY. https://youtu.be/QXyoVzJ7Y4Q
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New comment Feb 6
2 likes • Feb 6
Yes this was a test. Seasonality for stocks is BS. Do not be suckered into this con.🍺🍺
TastyTrade in Canada update
https://www.youtube.com/watch?v=R9sVLxRAwaM At 1:23 of the video Tom states it will be ready 2nd quarter of 2024🍺🍺
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New comment 8d ago
How much should you spend on improving yourself each year?
I have always been an avid reader (read over 100+ self help/business / leadership/technology books) ​But recently, I am interested in seeing how much money I should spend to improve myself. Where should I look? The biggest and most successful companies, of course. ​In the world of technology, companies spend a certain amount on improving themselves each year - it is called R&D (Research and development)​​​​​​ So how much should I spend each year on improving myself? Apple spends 7.8% of its revenue on R&D each year. Microsoft spends 7.5% of its revenue on R&D each year. So this means if I am earning $100,000 per year - I should spend around $8,000 per year on improving myself This includes developing new capabilities, creating tools, buying tools, and buying knowledge/books/educational programs. Tech companies never stop investing in themselves. That's why they are always growing.​ How much do you spend on improving yourself each year? ​ Cheers, Eric --- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com Free webinar - how to get 30%: https://5mininvesting.com/free-case-study/ In February, my goal is to help 20 people without a financial background to master investing. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals. If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve.
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New comment Feb 7
7 likes • Feb 1
Before spending any money on coaching, classes, or training first take advantage of the excellent FREE training at 1) TastyTrade.com online & YouTube 2) https://tlc.thinkorswim.com/center.🍺🍺
5 likes • Feb 1
@Monica Bernard They provide a better education in options trading than any other website and for free. If you want to trade for a living it is essential. Beginners should plan on spending 10 hours a week on their websites.🍺🍺
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Baja Pete
5
44points to level up
@baja-pete-8195
Went from 60k in cash to 64 houses in < 10 years Option trading for 20+ years

Active 65d ago
Joined Dec 8, 2023
Lost Wages, NV
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