$500,000 is the number Once you have that much in a brokerage you can product $7,500-$10,000 a month in option income. Thats taking into account 2-4 trades a month at low deltas & minimal effort. Then life goes on easy mode.

Only 8,000 to go!!! Come on!!!

$HOOD Daily: CHOP into earnings Most likely sits near 99.50 into Oct 30, stuck between the 100 GEX put wall and the 103 call wall before the 10/27 print. Likely range 88.70-110.40 Bull flip: daily close over 110.75 (~40% to tag), next stop 116.50 Bear flip: daily close under 92 (~68% to tag), next stop 84.25 Short zone 109-110.75. Invalidation over 113.50. Earnings decides it.

Collected a smooth $685 in covered call premium before we start the work day. Once you learn how to sell options, you’ll never go back.

Absolute legend!!!

The AI trade got wrecked last week: • CoreWeave -25.2% • SK Hynix -24.3% • Micron -14.6% • Oracle -9.3% • Nvidia -6.6% Meanwhile Apple closed above $5T for the first time Have the tides shift or are we back to business this week? Premarket looking ice for Ai & infra

Anyone else struggle with spending money on things you know will only get used once? My wife spent $400 on Halloween costumes for our family. At first, I was annoyed. $400 for one night? Felt like such a waste of money. But then it hit me. There will come a Halloween when our kids no longer want to dress up with us. And that day is probably closer than I want to admit. Someday I’d give anything to pay $400 to have these moments back. Money comes and goes. These years don’t come back.

After a big down week, does $QQQ keep falling? QQQ dropped $46.59 (6.18%) last week to $707.89. I checked every week since 1999 where QQQ fell 5% or more (168 times). What happened the following week: Down: 40% of the time Up: 60% of the time Median move: +0.8% Since 2010 (60 times): Down: 37% of the time Median move: +1.1% The catch is that big drops make both tails bigger: Fell another 3%+: about 1 in 6 times (normal weeks: about 1 in 11) Bounced 3%+: about 1 in 3 times Recent examples: Aug 2024: +3.7% the next week Jul 2026: +8.4% Feb 2025: -2.4% Dec 2022: -2.3% History leans toward a bounce, but not by much. Size so you can survive the 1 in 6.

Locked and loaded for another crazy week in the market. Here's the summary of what I have on the table today: 86 short contracts open across my accounts 56 puts / 30 calls $14,148 premium collected. $334,849 at stake. ~$623/day of decay working for me.

For example: $HOOD naked put idea Sell Nov 6 $75P for ~$0.70 • Spot ~$98.55, IV rank 65% • 0.07 delta, 19 DTE • BP ~$748 per contract • ~9.2% return on BP • Breakeven $74.30, ~25% below spot

Cash-secured puts vs. naked puts. Same option contract. Very different capital management. $100 strike put $300 premium CASH-SECURED: $10,000 collateral Maximum loss: $9,700 NAKED: Much lower initial buying power requirement. Maximum loss: Still $9,700. Lower collateral requirements do NOT mean lower risk. Leverage is a tool, not free money.

Fear is back: • VIX +21% Friday to 19.99, +34.7% on the week • S&P's first 1% drop in 53 sessions (hot CPI day) • Russell 2000 red 6 weeks straight, longest since 2018 • Equal-weight S&P green while SPY -2%