TL/DR: I sold a CSP on $AMPG to try to slowly get ahead on a long-dated put I sold on it that's now gone up in price (now I only sell for 30-60 days out; it just makes more sense & is less stressful). I'm wondering what you'd do if you were me.

I violated the "only sell a put on something you'd be willing to hold, at a price you'd be willing to hold it" rule, because looking at how far it's dropped after earnings, I don't know what I was thinking. These days I'm not really into stocks that operate at a loss, or even ones that don't pay a dividend at that. I also didn't think about how critical earnings is to options; all of this has been a learning experience.

I just got home from work to see that the stock has absolutely plummeted after earnings. As it expires tomorrow, I feel like it's pretty likely that it gets assigned. I was able to swing it just now for ~$70 as I thought that might help mitigate whatever losses I may incur; that's honestly helping me feel better. I guess that money could go toward closing this position tomorrow.

So what would you do? Would you close it? Roll it? Let it get assigned & wheel it? I'll have 30 minutes before I work tomorrow once the market open to make a move & seal the deal.

What some see as a value trap I believe is a wealth of opportunities.

Along with this cash 🐄 having an attractive dividend yield, you can collect premiums by selling covered calls (CCs). After a ~17.3% drop yesterday, a huge overreaction to the earnings report IMO, $WU is a prime candidate for running the wheel or some type of options strategy, while holding for the dividend, re-rate, & potential big move.

With $WU, I didn't want to wait for assignment so I loaded up on shares as it dipped. I don't like the idea of selling my dividend holdings, but I've come to terms with the idea of overloading a stock that I like & selling CCs only on a portion of the position, trading around a core.

Also, $WU has over 132% institutional ownership & the short data (shares available to short dwindling & Finra-exempt short volume skyrocketing) leads me to believe that $WU could be gearing up for a $GME-type move*...

What do you think? Let me know your comments, questions, and/or concerns, anything really, in the comments & let's have a conversation! 🤙

*While the cost to borrow is only .5%, those shorting the stock are on the hook for a hefty dividend payout if they hold through the ex-date...

What some see as a value trap I believe is a wealth of opportunities.

Along with this cash 🐄 having an attractive dividend yield, you can collect premiums by selling covered calls (CCs). After a ~17.3% drop yesterday, a huge overreaction to the earnings report IMO, $WU is a prime candidate for running the wheel or some type of options strategy, while holding for the dividend, re-rate, & potential big move.

With $WU, I didn't want to wait for assignment so I loaded up on shares as it dipped. I don't like the idea of selling my dividend holdings, but I've come to terms with the idea of overloading a stock that I like & selling CCs only on a portion of the position, trading around a core.

Also, $WU has over 132% institutional ownership & the short data (shares available to short dwindling & Finra-exempt short volume skyrocketing) leads me to believe that $WU could be gearing up for a $GME-type move*...

What do you think? Let me know your comments, questions, and/or concerns, anything really, in the comments & let's have a conversation! 🤙

*While the cost to borrow is only .5%, those shorting the stock are on the hook for a hefty dividend payout if they hold through the ex-date...

What some see as a value trap I believe is a wealth of opportunities.

Along with this cash 🐄 having an attractive dividend yield, you can collect premiums by selling covered calls (CCs). After a ~17.3% drop yesterday, a huge overreaction to the earnings report IMO, $WU is a prime candidate for running the wheel or some type of options strategy, while holding for the dividend, re-rate, & potential big move.

With $WU, I didn't want to wait for assignment so I loaded up on shares as it dipped. I don't like the idea of selling my dividend holdings, but I've come to terms with the idea of overloading a stock that I like & selling CCs only on a portion of the position, trading around a core.

Also, $WU has over 132% institutional ownership & the short data (shares available to short dwindling & Finra-exempt short volume skyrocketing) leads me to believe that $WU could be gearing up for a $GME-type move*...

What do you think? Let me know your comments, questions, and/or concerns, anything really, in the comments & let's have a conversation! 🤙

*While the cost to borrow is only .5%, those shorting the stock are on the hook for a hefty dividend payout if they hold through the ex-date...

What some see as a value trap I believe is a wealth of opportunities.

Along with this cash 🐄 having an attractive dividend yield, you can collect premiums by selling covered calls (CCs). After a ~17.3% drop yesterday, a huge overreaction to the earnings report IMO, $WU is a prime candidate for running the wheel or some type of options strategy, while holding for the dividend, re-rate, & potential big move.

With $WU, I didn't want to wait for assignment so I loaded up on shares as it dipped. I don't like the idea of selling my dividend holdings, but I've come to terms with the idea of overloading a stock that I like & selling CCs only on a portion of the position, trading around a core.

Also, $WU has over 132% institutional ownership & the short data (shares available to short dwindling & Finra-exempt short volume skyrocketing) leads me to believe that $WU could be gearing up for a $GME-type move*...

What do you think? Let me know your comments, questions, and/or concerns, anything really, in the comments & let's have a conversation! 🤙

*While the cost to borrow is only .5%, those shorting the stock are on the hook for a hefty dividend payout if they hold through the ex-date...

What some see as a value trap I believe is a wealth of opportunities.

With respect to the mods, I know $WU isn't technically a penny stock but it's a solid enough value at a low enough price that I feel like it's worth mentioning...

Along with this cash 🐄 having an attractive dividend yield, you can collect premiums by selling covered calls (CCs). After a ~17.3% drop yesterday, a huge overreaction to the earnings report IMO, $WU is a prime candidate for running the wheel or some type of options strategy, while holding for the dividend, re-rate, & potential big move.

With $WU, I didn't want to wait for assignment so I loaded up on shares as it dipped. I don't like the idea of selling my dividend holdings, but I've come to terms with the idea of overloading a stock that I like & selling CCs only on a portion of the position, trading around a core.

Also, $WU has over 132% institutional ownership & the short data (shares available to short dwindling & Finra-exempt short volume skyrocketing) leads me to believe that $WU could be gearing up for a $GME-type move*...

What do you think? Let me know your comments, questions, and/or concerns, anything really, in the comments & let's have a conversation! 🤙

*While the cost to borrow is only .5%, those shorting the stock are on the hook for a hefty dividend payout if they hold through the ex-date...

L/DR: does anyone have experience wheeling $WU?

What some may see as a value trap* I believe is a wealth of opportunities; along with having an attractive dividend yield, you can collect premiums by selling covered calls (CCs). After a ~17.3% drop yesterday, a huge overreaction to the earnings report IMO, $WU is a prime candidate for running the wheel or some type of options strategy.

With $WU, I didn't want to wait for assignment so I loaded up on shares as it dipped. I don't like the idea of selling my dividend holdings, but I've come to terms with the idea of overloading a stock that I like & selling CCs only on a portion of the position, trading around a core.

Don't get me started on the fact that $WU has over 132% institutional ownership & the short data (shares available to short dwindling & Finra-exempt short volume skyrocketing), & how $WU could be gearing up for a $GME-type move...

What do you think? Let me know your comments, questions, and/or concerns, anything really, in the comments & let's have a conversation! 🤙

*It's crazy how 2 people can have completely different perspectives on a stock, solely based on entry/experience.

Edit: man, I forgot to add "please be kind" when you leave a comment. Saying what I wrote is "AI/slop" isn't getting anyone anywhere...

I made this post yesterday to share some low-strike options that I found after screening & then doing a basic filter, eliminating anything with low/no revenue, as well as a majority of biotech, mining, REITs, & a few other industries that don't come to mind right now. I appreciate the overwhelmingly kind feedback I received, even if I am doing this differently than many would.

To clarify, my goal is to build out a value/growth-oriented sleeve in my portfolio by selling CSPs far OTM and/or buying a small starter position & watching how the stocks behave over time. I'd like to avoid having this part of my portfolio in the hands of an institution/ETF when I can get exactly what I want & control the weighting/turnover, with no expense ratio. I'd only consider selling a CSP if the premium is at least $5, considering the options commission of $.65 for selling & buying. My goal isn't purely to make money from options wheeling, but if I want to run an options strategy on them as time goes on, I'll have the ability to do that as well.

I currently have positions in:

• SBS, BTI, CIG, DUOT, TKC, KEP, KSPI, BCE, ARCO, CMCL, DHC, IHS, LAND, NMFC, PAYO, & WU; I'm looking to add $DLO today.

I have CSPs out on these, assuming some (many?) will expire & they're far OTM/at 52-week lows:

• ADT, ALTO, AMPG, ARHS, ASAN, BBAI, BBD, BBVA, BHC, BLMN, BMBL, CAG, CMBT, CMCSA, CPSH, CRMD, CXDO, DDD, EC, GDRX, GRAB, GT, HDSN, KODK, KOPN, LUMN, LWLG, LZ, NOMD, NU, ONDS, PCT, QXO, RIG, RILY, RPAY, SOUN, SSTK, SSYS, TDUP, TGLS, TOYO, UAA, UMC, VRRM, WEN, WTI, XP, XRX, & ZIM

ChatGPT was nice enough to group them into buckets & make the list more coherent (because again, I'm not just selling any & all the random CSPs I can find):

Emerging-market digitization

• NU
• KSPI
• DLO
• PAYO
• XP
• GRAB
• IHS

"Ugly but cheap" cash-flow/value

• BTI
• WU
• BCE
• CIG
• KEP
• SBS
• ZIM

Future infrastructure/technology

• DUOT
• BBAI
• SOUN
• LWLG
• ONDS

I understand there're a few outliers that're above the ~$10 strike price criteria, just wanted to be thorough in sharing all the tickers that're on my list. I'd love to know your feedback if you want to share & I hope this helps someone find some solid stocks!

Is anyone else getting into this ETF before it gets noticed? It was created on 5/5/26, it does only have $1.38M AUM, but it checks off a lot of boxes for me in terms of global payments/financial exposure in one solid ETF. It was trading at a huge discount (according to Schwab) & I was buying all the dips. The volume is so low that the price isn't even updated in my portfolio; you have to check what the bid & the ask are. But I know what I hold, & I really like it.

In the same financial vein, I'm also looking into $KSPI, $RELY, & $XP as individual, international value stocks right now. $WU also looks like a solid value stock at this price...

Edit: go look through my comment history; I most certainly am not a "Corgi spammer" 🤣

TL/DR: stating here because my post kept getting removed from the dividends sub; hopefully there's some membership overlap between the two subs. Does anyone hold/have thoughts about $USOI/$SLVO? I'm debating their place in my portfolio but I also may be being impatient if I've got the time horizon & can withstand the swings (can I?). I feel like they could be a solid "income boost" if positioned/reinvested correctly.

Hey everyone! I'm crafting a portfolio that works for me/my lifestyle; I've traditionally traded penny stocks. I wanted to make a drastic change so I could sleep better & be less stressed. I'm 30, "retired early," & a minimalist; my monthly expenses are more than covered by dividends, even without $USOI/$SLVO, so I have funds to reinvest.

I'm focused on building an income engine as I'm unemployed. The idea is/was to use $USOI & $SLVO as extra income to build out more stable parts of my portfolio over time, with them paying for themselves quicker than other ETFs. They're on my mind recently, especially looking at where they closed after hours yesterday (lower still).

I'm not avoiding growth but rather putting it in its place. I'm still committed to trading penny stocks but have taken a day/trading approach & am only doing that in my small Roth IRA now that the PDT rule is gone; I'm committed to taking profits & compounding them (growth stocks/ETFs) over time. Actively trading my main account was difficult; the losses really hit me hard mentally & I didn't want to mess up this good fortune I've come into.

My current holdings/weightings as of 6/18 are:

• 28.68% $IWMI (one of my favorites, scratching my small-cap itch quite well)
• 25.51% $MLPI (also down from my average, but one I'm comfortable DCAing as it dips)
• 18.96% $UTF (one of my favorites; not the highest yield but definitely feels good holding it)
• 13.13% $JEPQ (my only "broad market" exposure, as I don't like how inflated things are right now, another conversation in itself)
• 5.54% $SLVO (down 15.31% total)
• 3.59% $USOI (down 17.93% total)
• 1.65% $IDVO (just started loading, hope to build meaningful position)
• .91% $PFFA (just started loading, hope to build meaningful position)
• .25% $SCHY (just started loading, hope to build meaningful position)
• 1.78% $SWVXX (more than enough for me for 6 months/emergencies with my minimal lifestyle/situation)

I know I shouldn't be asking Reddit for financial advice & can make my own decisions; I feel like I'm pretty much making my decision in writing this, but I just want to avoid the urge to over-trade or panic sell, something I've learned on this journey so far. There are a lot of wise people on here whom I've learned a lot from, just from their comments. My questions are:

• Do any of you hold $USOI/$SLVO? If so, what's your perspective of them?
  • Do you prefer one over the other? I preferred $USOI at first but now find myself more interested in $SLVO.
• Besides NAV worries, what're some arguments against holding them?
  • Why would they offer these products if they're absolute trash?
• My averages are high but I didn't buy the 52-week highs; is there a chance that they return to highs, as these things are cyclical?
• Would the total returns of $SCHY, $IDVO, & $PFFA almost match the ultra-high yield aspect of these funds over time, say 3 years?
  • Would trimming them over time, instead of cutting them, make more sense? I don't think I'll be breaking even/positive soon.
    • If I'm on the fence, how many months could I wait to see where they end up, or could I just rip them off like a bandage?
  • Would averaging down one good time on each potentially mitigate the current dip, or would I be throwing more of my money away?
• Do you have any alternative funds/ETFs to suggest that'd seem to follow my portfolio/strategy?

Thanks reading & responding to my post! I never imagined being here but it feels like the right place to be. I hope to have some great conversations with you all!

Is anyone in $XRX? It seems to be set for a re-rate & also pays a dividend...