u/Willing-Bear4862

Lets have some fun on this Sunday before we get going on the week. Lets think outside of the box for a moment.

Your Holdings and the Mendoza Line.

For those that don't know what the Mendoza Line is, it's a baseball jargon term. Here's a little history. (Copy and Paste from Wikipedia)

The Mendoza Line baseball jargon for a .200 batting average, the supposed threshold for offensive futility in MLB. It derives from light-hitting shortstop Mario Mendoza, who failed to reach .200 five times in his nine major league season. When a position player's (non pitcher) batting average falls below .200, the player is said to be "below the Mendoza Line"

So here's the deal, at what return do you consider your "Mendoza Line" for your portfolio.

For example, if xxx stock drops below xxx% growth return it gets moved. If a xxx stock has a dividend rate below xxx% return it gets moved. Or any combo of the two.

I like using everyday sports analogies for investing terms. Like when I posted about your Core4 holdings (Offensive, Defensive, Growth). If you have other idea's on posts like this let us know. It's good to think outside of the box.

I've been wanting to build this for a while.

Finally, i got to it and pulled the trigger.

By no means am I a big $ account holder, but I did the following

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10 × 106.57 on the 18th

10 x 107.22 today.

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I will wait to add more

SOUN was profitable for me. I traded out at a loss today but still up 250$ in premiums collected. The premiums just aren't there anymore. It will stay on my watchlist.

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I red papercliped that into RDW with 100 shares at 13.94 per.

I immediately wrote a Jun 18th call for 15$ at .25 that has a .279 delta.

I'm thinking of where I want to deploy a PUT at the moment.

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The wheels on the bus go round and round.

I've posted on here a couple saying I'd go through my experience with SOUN and the wheel.

Here are some key points on why I chose SOUN

- looking for a high volume name in a high volume sector

- needed something that would have high options liquidity

- premiums when written needed to bring back 10%+ of investment

- affordability......

Basically, I needed a hot name I could afford. Since this was my 1st wheel, I wanted something not too expensive that I could afford to lose it all on.

Enter SOUN

My entry was 100 shares on April 21st at 8.06.

Not big money, but I could afford it.

Since then, through puts and calls, I've made 280$ of premiums. Simple, simple math that's 34%.

Today, the stock is trading at 7.03, and my investment is down 115$ and 16%

The IVs have dried up for my requirements, and I'm not looking to add more of this name now.

So the wheel has stopped.

I sit and wonder, do I cut bait and find new? Or do I sit and wait to see if the wheel can start rolling again.

Somewhere, the California Raisons are sitting and singing on the doc of the bay, watching the time roll away.

Hi all,

Looking for some help, my parents are in this. I can't seem to find anything online about it.

I want to do some comparisons.

All I can seem to find is the global balanced fund facts???

Why is that?

I was out with some buddies last night and we where talking sports. The question came down to who would be your teams core 4. We are hockey guys up here so it was 2 Forwards, 1 Defense and 1 Goalie.

That got me thinking of what would be your Core 4 holdings modeled around this.

2 Forwards - attacking - Growth stocks

1 Defense - The top D is all situation guy these days - so Dividend paying with growth

1 Goalie - last line of defense - this is your defensive play.

who's up for some fun to make a "team"?

Is anyone having any trouble linking a BMO card?

I've tried many times, but it keeps telling me I need 16 digits. That's the card number length, I have it all in there.

Here's my attempt at at a post.
I decided to use MARA to do some covered trades on for a couple of reasons:
It has BTC correlation, high options volume.

• I purchased 100 shares at an ACB of 12.05 on April 24th
• April 30th it entered into a definitive agreement to acquire Long Ridge Energy and Power to have it's own data center. This allows a shift to AI.
• I started calls immediately. The goal was buy back the call once I hit my pre determined profit of 30%.
• I centered around the 12.50 calls. I collected $39 in premiums by April 29th.
• I purchased a new premium on the 29th and the stock increased on the Long Ridge news and I was forced to roll my call out at a loss of 44$
• So I was 5$ in the hole.
• I rolled out from May 8 to May 15 and recouped $7 in premiums.
• I moved to the 13$ call and $29 in additional premiums up to May 12th.
• At this point I had accumulated enough funds in my account to add puts to the menu.
• I wrote my first covered put on May 11th for $11 and accumulated $20 in premiums
• On the 12th I wrote a call at 13 and held until the 15th and made 1$. The last call I wrote, to date.
• On the 13th sold a May 15th Put for .13 with a 13$ strike price. All day I knew this would be exercised.

In total I collected $52 in premiums in 16 trading days. That's a 4.32% return on the 1205$ investment. Annualized that's 93.8%. That's really good in my opinion for the work I did.

Going back to transactions I sold the original 100 shares at 12.14 each early on Friday so I didn't go into margin to cover the upcoming assignment.

So I made a .09 per share on the original shares in 16 days

My new shares are 100 at a cost of 13$ - .13$ of premium collected.
My new ACB is 12.87 to wheel going forward. That's an increase of of .82 per share ($82 overall), not ideal on that though.

Sorry for the long winding post, it may not make total sense. I've never transcribed my trades from an excel sheet like this.

The dollar amounts aren't big, this is a play account.
But overall the experience I think has been positive.

I will have another post coming where I'm doing the same with SOUN

What are your thoughts,