I own ISPY & IQQQ, and I do just as you suggested, mix them together with all the others in the old soup bowl. Diversify with different strategies and managers.
What timing…I just began trading a strategy last week selling 0 DTE covered calls on SPY. I, too, had a red arrow day as you showed, but I rolled the short call forward a day and was able to capture full premium. Experimenting with a small position at first with 1 contract, then will move up to maybe 3 or 4 depending on my results. It will be interesting to see how I do vs. ISPY.
After the ball kick i got with ryld i gun shy on these. Somuch hype on them 3 years ago. I bought 10k worth 3 years ago with divies i am still down. Just happy i only did 10k.
In my opinion, it is because you went with a Global X fund. The strategies they use are very bland and don't allow much room for recovery after falling. Again just my opinion, I used to hold QYLD, my mistake. Also, look at all the other funds they operate, not many are doing any good.
@@chrisk1569 well 3 years ago these funds were what every you tube was talking about. I mean every big dividend youtuber plugged them. Fast 1 year it was jepi and now its yield max. Few years these will be dead money and there be another one all youtubers will pump.
We are spoiled for choice no doubt. VOO, GPIX, and SPYI for me at this time. The siren song of weekly paydays was too intriguing to pass up so also a tiny nibble of XDTE in the mix.
I covered HEQT which sounds similar: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-2w4k1ghVY6k.html I've been looking at HELO. CBLS is new to me. I will check it out.
Thanks, Dave. Seems like most of these do good as initial money comes in, then over time drop off. I personally have jepi and spyi, but what option strategy do you think will hold the test of time? Seems like they go down fast and come back slow. The best one I have is divo, but has a lower yield, but also outperforms the others.
I do like DIVO and IDVO. My largest position in these is with JEPI/JEPQ. They all seem to have decent strategies behind them and each one will shine at a different time. So I like the idea of mixing them together.
Say I buy to open 1 call option for XYZ stock. The stock goes way above my strike price, and I want to sell to close this option contract. Do I actually need the collateral cash or margin in my account to buy the 100 shares at my strike price and then sell it? Or do i just close the contract and instantly receive whatever the gains would be? Also, would it be the same with buying to open a put?
If you BUY an option, all you need is the money to purchase the option. Best practice is usually to "sell to close" the option sometime prior to the expiration date. This is true for buying a put or a call. You should not need the collateral to buy 100 shares.
Looks like another creative way to churn fees for investment banks and taxes for the government while underperforming a strategy of simply holding SPY. 🤷🏻♂️
@@Nima1977 I would not put all my eggs in this one basket. I think it could be around for 50 years but it will have ups and downs. I would look to diversify with some other products.
i am just selling naked put on TLT ...... fed is cutting rate so TLT goes up , then sell naked put TLT , .....1,2 ,3 so easy or if you do it defined risk , CSP or vertical credit put ( delta 20 % ) 45 DTE
