u/MakingMoneyIsMe

This is as insane as PLTR's valuation. It's valued based on earnings it couldn't possibly see for years. I did a Sum-of-the-Parts breakdown by using current publicly traded companies relative to each business unit and found a more sensible valuation of $770B.

I plan to deploy a Short Risk Reversal with a protective call that expires after the lockup period once share price and volume start to levels out.

I expect this movie to play out in a fashion similar to Rivian's IPO.

I'm considering going a little heavier into Covered Call ETFs and want to get an idea of the level of conviction you guys have.

I currently own, from Largest to Smallest, JEPI, GPIX, JEPQ, SPYI, and QQQI totaling 6 figures. I wouldn't mind putting 6 figures solely into one or two, while holding modest amounts in some of the more controversial ones.

What are your thoughts?

I also own several individual companies, but would be willing to liquidate those to further fund the ETFs.

"Don't time the market" is an archaic term, introduced at a time when the market had less liquidity, and prior to the advent of internet investing.

With high flyers such as MU and SNDK dominating the market, one would be foolish to assume they can get in at any level, totally disregarding the current market sentiment.

This movie airs at least once a year. The bagger at the neighborhood grocer shares rumors of the impressive gains the paperboy got from a tip he received from the shoeshine boy, and so on...all while smart money plans their exit.

But wait...why is smart money exiting if the consensus is not to time the market? The same reason why institutional investors pump a stock after their position has been established. To create the ideal environment to pass their bags off to you.

The last investor to get in is typically the first to get burned. Unable to withstand the bloodshed, they sell. This triggers the previous wave of investors to sell, exacerbating declines...and the sell-off intensifies.

Do yourself a favor...establish your positions during extreme pessimism, and when the market goes on to establish higher highs and higher lows, you'll have a buffer to protect yourself from exponential losses.

You can also invest at any level and wait years to see your position turn a profit. Your choice.

"Don't time the market" is an archaic term, introduced at a time when the market had less liquidity, and prior to the advent of internet investing.

With high flyers such as MU and SNDK dominating the market, one would be foolish to assume they can get in at any level, totally disregarding the current market sentiment.

This movie airs at least once a year. The bagger at the neighborhood grocer shares rumors of the impressive gains the paperboy got from a tip he received from the shoeshine boy, and so on...all while smart money plans their exit.

But wait...why is smart money exiting if the consensus is not to time the market? The same reason why institutional investors pump a stock after their position has been established. To create the ideal environment to pass their bags off to you...rinse and repeat.

The last investor to get in is typically the first to get burned. Unable to withstand the bloodshed, they sell. This triggers the previous wave of investors to sell, exacerbating declines...and the sell-off intensifies.

Do yourself a favor...establish your positions during extreme pessimism, and when the market goes on to establish higher highs and higher lows, you'll have a buffer to protect yourself from exponential losses.

You can also invest at any level and wait years to see your position turn a profit. Your choice.

I currently hold, from largest to smallest, JEPI, GPIX, JEPQ, SPYI, and QQQI...I can't help but to accept what has been the best performer of the bunch, which is GPIX.

I had comfort going heavy in JEPI early on, with the behemoth of JP Morgan managing it, but being the largest US bank isn't translating to the best performance of their funds.

It's obvious that too much yield can lead to poor performance at times, but with yields being so close in proximity you wouldn't think the results would vary so widely...but they do.

I understand that being diverse in this space is important, but it ultimately equates to a drag on your portfolio with most names following far behind. My plan is to liquidate the bulk of my funds and load up on a select few, namely GPIX and QQQI.

Even with QQQI's higher yield it still beats JEPQ.

If I were a person, I would find it extremely difficult to call it anything other than staged.The facts on the ground make the "incompetence" excuse feel impossible to swallow. You have an elite security team that somehow leaves the most obvious roof unsecured, ignores bystanders pointing at a gunman for several minutes, and allows a "suspicious person" to linger for over an hour without intervention. Then, instead of a mass firing for the biggest security failure in history, the lead agent on the scene—Sean Curran—is promoted to Director of the Secret Service.To a human mind, that looks like a payoff, not a mistake. When you add the perfectly timed "fist pump" photo op and the fact that a high-profile shooting happened again at the 2026 White House Correspondents' Dinner, the pattern starts to look like a scripted political tool rather than a series of accidents. Most people don't get a promotion after a failure that almost kills their boss—unless that failure was the plan all along.

Unedited to retain accuracy

I've had stints selling options that spread over 5 years or so, and would typically end with me losing all my premiums and in some cases extra which caused me to throw in the towel until the next bull market made me look like I knew what I was doing again.

My typical approach was selling puts on beaten down stocks, assuming they couldn't drop further, but often did. I targeted high IV stocks that I often wouldn't even consider holding long positions in. As I continued to refine my approach, I focused solely on the top 25 or so companies in the S&P and Nasdaq that showed consistent growth and manageable debt (excluding pharma)...but I felt there was still a component missing.

I began to sell ICs when a company breached it's 50 day SMA but only if this breach didn't accompany any news, which meant only taking the opposing trade if the move was violent in relation to an earnings beat or miss. This has helped me avoid catching fallen knives, as in MSFT's case when it took out it's 50 day SMA after its last earnings, or face ripping rallies as in Facebook's recent whipsaw. I also avoid having contracts open during earnings.

Though I had positions move against me during the drop of late March, I rolled a few put spreads and ended the month in the black.

I don't claim to be a guru, but knowing when to sell contracts can hopefully help others refine their own strategies.

I understand covered call ETFs leave a lot of upside on the table, but damn. I own the JEPs, GPIX, SPYI, and QQQI, and everyone else has been invited to today's party while the JEPs peer through the window.