I collected $1,010 premium this morning 3/11/24 by selling put on LULU with 3/22/24 expiration. Why: 1). @Eric Seto had posted that indicating he Forecast earning will be positive (earning call is around the corner 3/26/24) 2). $425 is below 11/27/23, support level of $427.73. Market is at $459ish. WOW already achieved the goal. Thanks Eric!

This post is for people who have more than $20,000 to invest. This is how you can get Investing Accelerator for "free" and Get the market to pay for it for you. So here's how you can get the investing strategy to pay for the tuition of the program from the second month onwards. Secret: You start with the monthly passive income strategy first. 1. You hop on a call with me (or Michael) to see if you are a good fit. If you are, you will get to choose a 12 month payment plan for Investing Accelerator. Link to schedule a call: https://bit.ly/3WitxVE 2. This allows you to start investing and generating monthly passive income starting from month #2. 3. You go through the 7-week video training. It takes around 4 hours a week. If you got time, you can go through it faster. 4. You start with the monthly passive income strategy. You set up your account with your favorite broker. My favourite is Interactive Broker (IBKR). 5. You fill out a form to get the highest option level (required for monthly passive income) 6. I publish my monthly passive income trades monthly. At the end of 7 weeks, you copy 2 of the trades each month. Placing the trade should take you around 15-30 mins each month. 7. With $20,000 * 3% = $600 per month, this will pay for the tuition cost each month with money left over. Since this is a short-term strategy, you can deduct the tuition expense against your trading income. 8. By the end of 12 months, the market would have paid the entire Investing Accelerator tuition with $1,000 extra left over or more. It's that simple. If you plan to join Investing Accelerator, I expect you to just follow 1-2 of my trades each month for monthly passive income and let the market pay the tuition.​​ Cheers, Eric Seto, CPA ------------- Investing Accelerator is designed for people without a financial background. We focus on developing financial independence, where you have the ability to invest to earn a higher return. The goal is to achieve 30% return per year.

For covered call selling (aka PMI) lovers: UNG offers 5% a month on at-the-money calls. Be careful though, it can move fast. For those who is new to nat gas: storage is like 40% above 5-year average, but production is falling and demand is EXPECTED (translation: it is speculation) to rise. Hence high implied volatility, reflected in the high option premium. 0834 ET - U.S. natural gas futures are extending last week's bounce off technical support, backed by LNG feedgas demand and prospects of more power-sector use as Texas weather heats up. "If LNG can edge higher, a boost from laggard Henry Hub physical pricing may reinforce upward momentum for Nymex gas," Eli Rubin of EBW Analytics says in a note. Also supportive is the decline in natural gas rigs, which fell by 3 last week to 102, according to Baker Hughes. "Producers have shed 19 rigs in 11 weeks, and the trend is likely to continue," Rubin says. Natural gas for June delivery is up 1.9% at $2.183/mmBtu. (anthony.harrup@wsj.com) P.S. I have a large position in NatGas and am losing big $ today on the three-day runup 😪. I have been biased short thinking the spike last week was a short covering and will exhaust itself.

It looks like SEMI got back to the demand area. Am looking at SMH AMD AMAT, some others.

Previously I made about $3,623 on MSFT ~ 11 weeks. Today, I collected $550 premium by selling a put on MSFT with 2/16/24 expiration. Accummulatively I made $4,173. Thanks Eric!