Sell 1 year puts portfolio secured, not cash secured on companies that meet this criteria: 1. Must be below intrinsic value. 2. Must have a moat. 3. Must have pricing power. 4. Must have a durable competitive advantage. 5. I must be ok to hold for the long run in the event I get assigned shares, I can use the wheel strategy and patiently "get rid" of the shares if I want.
Key Notes: - Portfolio secured, not cash. - I keep ratios in check so if I ever get assigned, my base portfolio can be used to generate cash for assignment. - Do 1 year contracts. - If the 5 things are followed above, your chance of assignment is low. - This is what scaled me to a few million bucks in just a few years... & honestly, it's much easier than most people think if you have the right framework.
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🟢THIS IS HOW TO INVEST $500,000 RIGHT NOW:
(works on any amount though)
$200k $VOO
$200k $Q
$100k individual companies
Sell 1 year puts portfolio secured, not cash secured on companies that meet this criteria:
1. Must be below intrinsic value.
2. Must have a moat.
3. Must have pricing power.
4. Must have a durable competitive advantage.
5. I must be ok to hold for the long run in the event I get assigned shares, I can use the wheel strategy and patiently "get rid" of the shares if I want.
Key Notes:
- Portfolio secured, not cash.
- I keep ratios in check so if I ever get assigned, my base portfolio can be used to generate cash for assignment.
- Do 1 year contracts.
- If the 5 things are followed above, your chance of assignment is low.
- This is what scaled me to a few million bucks in just a few years... & honestly, it's much easier than most people think if you have the right framework.