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The Nexus

Public • 410 • Free

8 contributions to The Nexus
Please Upload Monday Screening Calls :)
@Sherry Ann Barraquio @Ross Christifulli Howdy - Please upload the Monday screening calls :)
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New comment Sep '22
0 likes • Sep '22
@Ross Christifulli Hey my dude - just a bump on this. They're still not showing under the live call area.
Today's OSH Callout
I was trying to figure out how to place this, and saw the webull app automatically entered the limit at 1.85, but you said 2.06. Was that just what your app gave you automatically at the time or did you change it to 2.06? If so, why? (turned out I couldn't have placed it as my deposit doesn't technically go through until tomorrow anyway, even though it showed my balance as if I had it. My options BP was 0.0) :C
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New comment Aug '22
1 like • Aug '22
Also... would you do this for just 1 contract or as many as you could with your balance? When you call these out, are you normally intending one contract each?
Opinions Requested
Hey I've got some stuff on my mind I want to put it down here if anyone feels like commenting that would be great. So I am a complete Noob when it comes to the market in general and of course with the methods in this membership. I'm coming at this from the perspective of an almost 48 year old father of 3 with my oldest being 11 years old. My goal is to use the money that I have coming in to remain a ‘pile’ and earn income from it. Hopefully using the least amount of time so I can have time with my family. “They’re only little ONCE” is a phrase I think about every day. So if I understand everything properly, picking a good stock and selling cash covered puts and then if you get assigned, then selling covered calls and then go on that ‘wheel’ to earn contract premiums for income. This seems to be what I should focus on first. Then the more advanced strategy which I want to learn over time is the credit and debit spreads which are more involved in placing at the right time on the right stock based on their movement and Ross's indicator. I'm definitely interested in that but it seems that might take me a little longer to learn and feel comfortable. So looking at this from the angle of my situation… am I off base by saying that it's essentially ”okay” to mostly just sell cash covered puts and sell covered calls for contract premiums and get to the credit and debit spreads down the road a bit? I want to make sure my general thinking and direction even make sense so I don't make too many mistakes from the start. If I have to change my mindset and direction, that's fine too. Anyway thanks for reading if you feel like commenting I would love to hear it.
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New comment Aug '22
0 likes • Aug '22
Cool thanks @Ross Christifulli. So my head's on straight so that's good. I know the spreads don't take tons of attention, and I do want to do them as soon as I can, I just wanted to be sure my initial direction was worthwhile - which it is. :)
New Challenge Ramp Strategy
@Ross Christifulli - with the new small account refresh that you sent a text about this morning, will you be starting with selling cash secured Puts on some equities that you ultimately want to then sell covered calls on? Or, would the plan be to purchase 100 shares of an equity, sell covered calls until some funds build up, run the wheel for a bit, and then start to introduce spreads once there is more in the pot?
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New comment Aug '22
1 like • Aug '22
Looking forward to that content @Ross Christifulli :D
Still Wrong Video :)
#Selling Calls Without Owning The Stock This video is still not the correct one ;)
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New comment Jul '22
1 like • Jul '22
@Sherry Ann Barraquio Thanks :D
1-8 of 8
Paul Johnson
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8points to level up
@paul-johnson-5251
Dad wanting to spend time with my family.

Active 175d ago
Joined Jun 30, 2022
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