[hache02]

Good to hear but that tax dept is coming at people more and more. I just want to be careful.

You got audited that many times. What triggered it? Last 2 years have been so successful (thanks to your teachings), scares me that they at least take away that fat capgains deduction and maybe they increase that or do like in the US, they get it only if investment kept a year.

[hache02]

Teddi

“If you roll-them you can still claim the loss and then set the trade backup again to aim to regain the loss in 2018”

Doesn’t this go against the superficial loss rule (even in Canada) or are you suggesting waiting the month to reload?

[hache02]

Teddi,souldman, Is there such a list? A moving target IMO.

[hache02]

Thanks Amy and Teddi

Many ways to make profit in any situation. I did not think it thru as I don’t buy options other than as part of spread.

Higher premiums would be great but my option trades have done well this year.

A tad early but happy holidays to you Teddi and everyone.

[hache02]

Interesting, thanks

[hache02]

Teddi,

I missed TGT as a short stock or call) yesterday as I saw it back in short territory.

Too many stocks , not enough time.

[hache02]

Teddi

Thanks for the note. Does the last 2 statement contradict?

” I am expecting some kind of correction in January similar to what we saw last year. January should be a great month for profits to start off 2018.”

[hache02]

Teddi,
thanks for the response. I know you are very busy and sorry for the tone.

This has been a great 2 years, better than I ever expected. I should be happy, huh?

Denis

ps. Looking for all those great new tools coming.

[hache02]

Tom,

Your message sounded like what I would expect from Teddi then I saw it was you answering.

Lots of logic and wisdom there.

I just have a list of stocks from personal experience, Teddi and some good FB groups.
I just write puts on those from the list that are near the lower BB as well as other criteria.

I guess what I am doing works (in this environment).

thanks a lot
Denis

[hache02]

I am in some really good groups from Teddi’s group 5 years ago. Get some good ideas there. Facebook groups are usually private and works well IMO.

It may seem like gloating but I am surprised that those 2 days was so different than the market, that’s all.

thanks

[hache02]

Hi Steve,

Sorry I missed your question (I don’t come to the forum often).

This is a great question.

You see the rule to be successful is that 1. sell puts on stock you would own.

Rationale 1. See above. 2. The premium is like making your own Black Friday sale on a favorite stock 3. Sometimes you are wrong today but if you did your DD correctly ie BB, then it will eventually return to strike or higher. For example. DIS I was losing a lot and now I am making 1000’s in addition to the premium earned. 4. Keep doing CC until out and then start process again. 5. Roll

So you see, assignment should not be bad, just not the best outcome.

[hache02]

Teddi

Simple question (Maybe I added too much info). My portfolio is WAY up but the market is sideways that day and a little up today. Is this worrisome, luck and am I better than I think ;-)

thanks
Denis

ps This may not have an answer, just wanted your opinion.

[hache02]

Teddi,

Actually my question is whether I should be worried that my portfolio had one of my best days ever today though the markets were not up that much? This question was valid today as well as the day I asked a similar question.

What do you think?

thanks
Denis

[hache02]

Amy, Teddi

I know Teddi is real busy so I understand, I probably posted this as I saw a young investor got an answer right away. Sorry, the tone was not meant that way.

Yes Amy,

I agree. I look at Teddi’s ideas and do my own trade on them if the charts to me look better. She is doing more multileg trades and trades on charts that I find too high. I look for more value but closer ITM than she does.

How do I join your FB group for ideas? I think I have 1 or 2 good idea from time to time.

Note – I haven’t complained in years, no?

[hache02]

Steve,

TT are a group that make outlandish claims and do not back it up. They promote many legged trades that your broker with love you for. I am surprised that Teddi has gone this route. I still find her analysis valuable and she taught short puts which has been my go to strtegy (I have since added spreads).

As for those returns, I aim to beat my spouse’s asset manager or if not, I would give it to him and enjoy my retirement. I am happy with more than 6% return though I have been doing 20%+ for the past 2 years (a chimp could do well in the market the past 2 years).

Those who claim more than 10% consistently are lucky or liars IMO. You have to take big risks to get that kind of return.

My 2 cents from my point of view but good question. I guess you can be confused by all these claims or you can learn to block out the noise of the market. You should read the Bitcoin guys and we will not hear the end of it since they broke 9000$ last night. Interesting stuff but bubbles sure attract the masses.

[hache02]

Port

Actually with CC and DITM CC that simulates CSP quicte well, you can do very well in tax deferred.

I have.

Just lost Loblaws and ATD.B this weekend via CC which was actually my plan to milk extra $$ from premium in my RRSP and TFSA.

As to joining groups and learning new styles, I am in a few groups to get company news and ideas. You don’t have to join groups to learn and use different styles.

I have been a member of Teddi’s group for years and she initially did pretty much short puts on blue chips which I have used since BUT I guess to get in the younger generation, she has expanded to more risky trades/companies and more complicated multi-leg trades that I am not enamored with. Doesn’t matter, I follow her for stock ideas and analysis which is still very useful.

Enjoy

[hache02]

MS and BBT have been good to trade this stock replacing JPM which has gotten higher than I like.

I did BMO recently as the cheapest of the Canadian banks.

[hache02]

Now today was normal, big day in market, big day in my portfolio.

[hache02]

Note that this can be done on US stocks in US RRSP. I do that as much. Of course you know that.

[hache02]

Teddi

Are you using DITM to simulate puts or OTM for dividend enhancement on Banks and BCE? (or some other strategy).

Will this tutor be published or just private?

[hache02]

Very nice. I was looking too but missed out.

[hache02]

Teddi, I had asked if you could put earnings date and ex-div date in stock tools, you said that it was not feasible. If you go to TD Web broker watch list under “multiple list view” and under that, chose “fundamental” tab, it has next earnings date AND ex-dividend date.

[hache02]

I had been rolling spreads since March and today took out my final spread for .07 (July 21 54/45P spreads for a nice 6750 profit for 3 months work on and off).

thanks for the idea if I recall.

Buys a lot of sneakers and Teddi subs.

[hache02]

Teddi,

“I prefer the reverse iron condor as it provides protection against a smaller move after earnings. The strangle needs a large move after earnings to be profitable.”

I would think the opposite is the case or is it that I have not had coffee yet? Strangle I sell means I hope that the price stays between the strikes while a condor you want to protect against big moves, hence the protection long put and call on both side.

Could you please explain what I am missing?

Protect against a small move? Never heard protect against small moves, more protect against big movers like DKS this morning.

thanks
Denis

ps. I see it is a reverse condor so you bought it. Still to get profit, you need big moves as normal for buying options.

[hache02]

One of the best resorts in the Laurentions north of Montreal.

I downhill in the area often enough, when Ms. Market lets me.

[Author]

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