Hi Dream, Great video as always, but I thought you were selling cash secured puts on SOXL previously, now in the winners list, you didn't mention SOXL. Are you no longer selling SOXL options? I have been selling SOXL and QQQ options in my accounts as well :)
That is correct ✅ SOXL is on my list, but it got too frothy for a minute so I let it cool. Thats all, just rotating my options targets like I do my stocks, but since options are more volatile I need to pay even closer attn 💃
I've been trying to craft a similar kind of setup since January, but you're way ahead of me on portfolio size and performance / execution. I'm kind of all over the place in tickers, strategies, and results trying to figure this all out. Lately it seems that all I do is try to roll away from a steamroller and unfortunately took some early assignment hits on tanking tickers. Ooof. Sadly my day j.o.b gets in the way, but happy to have the income to keep plow in. Looking forward to you sharing more as you refine it more. I need to get this down so I can get the hell out of my day j.o.b. Good luck with house sale. Great job! Cheers!
I hear you. I’m going to layout my new outlook in a detailed video. And perhaps I can also address strategies to employ while working so that you don’t have to be tied to a screen. Best of luck and thanks for the comment! 💎✨
Great video. Curious, on selling covered calls are you able to do a comparison on the amount of premiums you receive versus the amount you may have lost due to being assigned on your stocks while the stock prices appreciated? I know it may be difficult to calculate the loss of stock price appreciation even if using a point-in-time but just curious due to the assignment risk. Thanks!
Yes, absolutely. I’m keeping track of that. It is hard because in this highly volatile time I might assign for a $1 “loss” on paper, then wait for a $5 a share surge then write a call ATM and let it assign. And I’m doing that at times multiple times a week. Honestly, I need to get organized to track this better cause I’m generally keeping track of strikes to make sure I’m in the green, but I should be even tighter. I’m working on that now, and airtight tracking system💃
You're amazing running your portfolio with huge success while dealing with all the other distractions and crap in life. I spent a few months getting my place ready for sale and sold, moved to low cost, no maint or ins apt. And that took all my focus....lol
I've been playing with options lately my very first option expired today for ko NY strike price was $63 and ko closed at $62 but on my broker account it says I have $0.00 pending what did I do wrong was the option I sold never purchased?
Thanks for your question! I’ve been an investor for about 20yrs, but shifted more heavily to dividends about 5yrs ago. Focusing on the topline growth of passive income yearly keeps me going no problem ✅
Sure thing! I have an entire playlist Stock OPTIONS - Selling Covered Calls and Cash Secured Puts ua-cam.com/play/PLYIPUW7RttHn3Y8HiBUZvqZe24XJoXAC0.html
Understand! If you’re ever interested to learn I have one short video here that others have found useful How to SAFELY Sell Covered Call & Cash Secured Put Options ua-cam.com/video/KwyR0OXpnNg/v-deo.html
All respect. Great vid and great strat but this is very much not passive income. You allude to that multiple times in the video but your chart says passive income
Thanks so much 💃 you’re right the options create some work. There is a light way to do them that I feature in my live trades video that only takes about an hour a week, which is pretty passive. The cover and close strategy I’ve been doing this month has been a lot more work for the result. But I maintain if you do it with very low deltas it can be pretty passive on selling options. Thanks for the comment 🫵💎✨
Hi Dream,
Great video as always, but I thought you were selling cash secured puts on SOXL previously, now in the winners list, you didn't mention SOXL. Are you no longer selling SOXL options?
I have been selling SOXL and QQQ options in my accounts as well :)
That is correct ✅ SOXL is on my list, but it got too frothy for a minute so I let it cool. Thats all, just rotating my options targets like I do my stocks, but since options are more volatile I need to pay even closer attn 💃
I've been trying to craft a similar kind of setup since January, but you're way ahead of me on portfolio size and performance / execution. I'm kind of all over the place in tickers, strategies, and results trying to figure this all out. Lately it seems that all I do is try to roll away from a steamroller and unfortunately took some early assignment hits on tanking tickers. Ooof. Sadly my day j.o.b gets in the way, but happy to have the income to keep plow in. Looking forward to you sharing more as you refine it more. I need to get this down so I can get the hell out of my day j.o.b. Good luck with house sale. Great job! Cheers!
I hear you. I’m going to layout my new outlook in a detailed video. And perhaps I can also address strategies to employ while working so that you don’t have to be tied to a screen. Best of luck and thanks for the comment! 💎✨
0:50 yes please 😊🎉 thank you
Great video. Curious, on selling covered calls are you able to do a comparison on the amount of premiums you receive versus the amount you may have lost due to being assigned on your stocks while the stock prices appreciated? I know it may be difficult to calculate the loss of stock price appreciation even if using a point-in-time but just curious due to the assignment risk. Thanks!
Yes, absolutely. I’m keeping track of that. It is hard because in this highly volatile time I might assign for a $1 “loss” on paper, then wait for a $5 a share surge then write a call ATM and let it assign. And I’m doing that at times multiple times a week. Honestly, I need to get organized to track this better cause I’m generally keeping track of strikes to make sure I’m in the green, but I should be even tighter. I’m working on that now, and airtight tracking system💃
Wow .. impressive and Inspirational! 👍
Glad you liked it! 💃
Its really great how to transfer funds of sectors you wanted out of, and have gone full force into options.
It’s been working great for me as long as I stay consistent and conservative 👍💃
You're amazing running your portfolio with huge success while dealing with all the other distractions and crap in life. I spent a few months getting my place ready for sale and sold, moved to low cost, no maint or ins apt. And that took all my focus....lol
Thanks 🙏 for that… it’s definitely been a huge project 😅. Much easier to sell stocks lemme tell you! 💃
How many millions do i need to get these results?
I have about $1.5m in there producing this
Portfolio UPDATE | Full Reveal | Annual Dividend Income $96k
ua-cam.com/video/GgAYI3vCHK0/v-deo.html
What is your capital to make all the dividends and option premiums?
About $1.5M
Portfolio UPDATE | Full Reveal | Annual Dividend Income $96k
ua-cam.com/video/GgAYI3vCHK0/v-deo.html
How much do you have invested in JEPQ ?
About $200k
I've been playing with options lately my very first option expired today for ko NY strike price was $63 and ko closed at $62 but on my broker account it says I have $0.00 pending what did I do wrong was the option I sold never purchased?
I don’t know your specifics, but if you chat with your brokerage re this option they will explain what occurred. Hope that helps 💃
@@thedividenddream ok thanks
Great video im curious how long have u been dividend investing ive been doing this since 2022 what motivates you to keep going
Thanks for your question! I’ve been an investor for about 20yrs, but shifted more heavily to dividends about 5yrs ago. Focusing on the topline growth of passive income yearly keeps me going no problem ✅
I love it, Dream. You do you! 🔥💃🏻 🧢🕺🏻
Always! Thanks 🙏 💃🫵🧢
🔥
5:31 Navarro?
are you following a mechanical strategy for the options that you are selling?
This is what I’m doing:
How to SAFELY Sell Covered Call & Cash Secured Put Options
ua-cam.com/video/KwyR0OXpnNg/v-deo.html
Love your walk through. I am aspire to do just 10% of you. Looking forward to the deep walk through of your portfolio so I can mirror some of it.
Awesome! Thank you! More to come 💃
How much in assets used to create this income?
I have about $1.5M in my stock account
Portfolio UPDATE | Full Reveal | Annual Dividend Income $96k
ua-cam.com/video/GgAYI3vCHK0/v-deo.html
I would love to hear how you trade options
Sure thing! I have an entire playlist
Stock OPTIONS - Selling Covered Calls and Cash Secured Puts
ua-cam.com/play/PLYIPUW7RttHn3Y8HiBUZvqZe24XJoXAC0.html
@@thedividenddream awesome. Have you made any adjustments to the strategy that you haven’t told us as yet?
I love everything about this. You know that I'm always looking forward to your portfolio reveal. And regarding more content: yes, please.♥🔥🤑💃
Yay! Thanks so much 😁💃 Hope to get back on solid ground soon 💪⛵️
I’m guessing your total portfolio worth is somewhere between 1.5M to 2M. Great cash flow btw.
You're treally nosey
That’s right! 💃
Portfolio UPDATE | Full Reveal | Annual Dividend Income $96k
ua-cam.com/video/GgAYI3vCHK0/v-deo.html
I keep getting negligible results with options..... Hmmmm! 😏
Sorry to hear that. Here’s exactly what I’m doing:
Stock OPTIONS - Selling Covered Calls and Cash Secured Puts
ua-cam.com/play/PLYIPUW7RttHn3Y8HiBUZvqZe24XJoXAC0.html
Definitely a smart to move away from $MO. In Canada we get charged through the nose on commission for options trading.
Oh that’s too bad about Canada 🇨🇦 and trading 😢 because for $20k revenue a month, I’d weigh the pros and cons of the expense 🤔
First
Yes you were babe! This is for you 🫵🏆
I don’t get how to do options so I just leave it to the professionals and buy covered call ETFS..
Understand! If you’re ever interested to learn I have one short video here that others have found useful
How to SAFELY Sell Covered Call & Cash Secured Put Options
ua-cam.com/video/KwyR0OXpnNg/v-deo.html
All respect. Great vid and great strat but this is very much not passive income. You allude to that multiple times in the video but your chart says passive income
Thanks so much 💃 you’re right the options create some work. There is a light way to do them that I feature in my live trades video that only takes about an hour a week, which is pretty passive. The cover and close strategy I’ve been doing this month has been a lot more work for the result. But I maintain if you do it with very low deltas it can be pretty passive on selling options. Thanks for the comment 🫵💎✨
Messaged you on X about this video, thank you so much for sharing. Take my like and follow.