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Most options traders wing LEAPS and get crushed by theta.
I treat them like core equity positions. Before I touch an option chain, I run every setup through a strict 5-step checklist.
Here is the exact framework
🧵👇
Wheel strategy simple explanation
Sell a CSP - CSP gets assigned → sell covered calls → get called away → sell puts again.
That's the wheel. Slow, steady, and it pays you at every step.
Do you run the wheel strategy? 👇
Good morning everyone please check out my newest Substack , please make sure to subscribe it’s free lots of Alpha
substack.com/@jessefranklin1…
$VOO and chill sounds great until you check the math. 📉
S&P 500 earnings yield
5.1%.
10Y Treasury yield 5.1%.
Equity risk premium 0.04%.
Barely paid for the risk.
Is passive investing too complacent?
Covered calls you rent out shares you own. Stock flies past your strike?
You still sold where you agreed to.
Don't sell a strike you'd be mad to get called away at.
Good morning everyone Happy Saturday
Don’t forget @Vance_Roberts5 and myself have our podcast live this morning 8 am EST on Substack
Give @RussFaigen a follow has great content on stocks , financials and Agentic trading
Replying to @RussFaigen
Hey folks, I don't have anything to promote, but I'm 10 followers away from 2,000 followers!!!
If you enjoy finance content and the stories told behind the stock market
Give me a follow, it really helps support my channel 🥳🙏
Goal for my CSP account: 1–1.5% a month. Doesn't sound exciting. Compound it for a few years and tell me it's no
What’s your monthly goal for your CSP options 👇
PCC ( put/call ratio ) chart is showing less puts Monday .99 down today to .784
So only 80 puts to 100 calls
THE EDGE REPORT | PRE-MARKET
Futures modestly higher
AI and semiconductor weakness remains a risk
Defensive rotation is still in focus
Watch today’s economic data and Treasury yields
Today’s bias Cautious stabilization, with a mild upside lean but tech needs to confirm.
🤖 Made with AI
New Indicator using pine scritp @tradingview
Orange line (VWAP) above it, buyers lead. Below it, sellers lead.
Green arrow price is at support and RSI is low. A possible bounce spot.
Red arrow price is at resistance and RSI is high. A possible stall spot.
Red lines = resistance
Green lines = support
Thoughts ?
Post Market Report
S&P green on healthcare rotation. Chips down 7 days. Hot PPI + AI debt fears. Regime shift or noise? What’s your play?
I’m going to @IncomeETFDaily’s upcoming Space. Will you join too? xitter.cf/i/spaces/1MJgNbLDynwGL












