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Showing posts from February 20, 2022

Doge is done…

Not sure if it’s worth piling on, but this Doggie has run its course. Been out as noted last July. HOOD was just as much a bust. Like I said, don’t speculate with money you can’t afford to lose.  The Options Wheel strategy on the other hand has been a tremendous success. Since last July using the Think or Swim (TOS) app, I have been able to generate premiums and returns between $500 and $11,000/mth. So, seeing this work in real life has convinced me to transition my trading from that of a high risk speculator, chasing the latest meme stocks to that of a semi-value investor; all by using a covered Call and cash secured Put strategy that also takes advantage of profits and dividends as well.  So long term, the goal is the same…get my portfolio over $1-million, and “tap out in ten.” That’s my new mantra. Look into the Wheel Strategy as well folks, and join me.