Cash secured puts and covered calls traded today. Realized profit of $28,291. Added $37,881 in premiums. Account value dropped by $25,967. After realizing a $125,000 loss Tuesday when I closed the Yieldmax & Graniteshare ETFS…I am now positive again for the month.
$KORU$NBIS$AAOI$MRAL$HIMZ$RKLX$BEG$MUU$NEBX$SNXX$SNDU etc…
Shout out to Vania for winning the NC USTA 50+ doubles championship. 10 months ago she donated a kidney. Now on to Rome, Georgia for the USTA sectional championships.
I hold 8 @YieldMaxETFs. I collect on average $913/week and $47,476/year. I currently have an unrealized loss of $87,000. I bought these funds back in 2024 when everyone was buying…with premiums generated from selling cash secured puts. I also have a realized gain in this account of just over $400,000.
My question is would you continue to hold and collect the dividends? Would you tax loss harvest and offset some of the realized gains? Would you sell these and buy more tax efficient ETFs from @NEOSInvestments, @LS_funds, and @TappAlphaFunds
Any comments, help and criticism is welcome…
$CONY$YMAG$MSTY$NVDY$SMCY$TSLY$ULTY$YMAX
Cash secured puts and covered calls traded today. Added $22,855 in premiums. Realized profit of $20,765. Account was up $84,810.
$AAOI$ARM$NBIS$IREN$NEBX$COIN$ROBN etc…