Selling is a precarious thing because everyone thinks you need to preserve capital, which is right. But we price anchor to these round numbers that we give meaning to. “I’ll be happy if it gets to $10.” “I’ll sell at $100.” “I’m waiting for $1,000.” But what’s wrong with $9.30?
Selling options is my ticket to freedom.
I can taste it.
I’ve only been selling options since April of last year.
My stretch goal for this year was $100k in profit.
I just hit $120k…👀
Life is crazy
Selling options is my favorite trading strategy.
My goal is to become an expert on this strategy, and to teach you guys how to do it along the way.
As part of this, I want to have the best options selling watchlist in the world.
I think this is critical for success with this strategy.
My current watchlist consists of:
$DRAM
$APTV
$EBAY
$APH
$COPX
$ENS
$MP
$FLEX
$NBIS
$META
I need to add more…
What are your favorite stocks to sell options on and why?
Selling any calls on $TSLA right now is tricky. I don’t like this Friday expiration with the Thursday event. Earnings follow right after, so I don’t want to sell calls after this yet.
Ideally, I’ll ride the 12 options expiring this Friday already sold. I might trim a little, especially if we stay flat or down today. If under 380 on Thursday, I’ll cover all my short calls for this Friday and keep the 10 420s for 2027.