Sep. 3 at 11:43 AM
$JEPQ I might backtest something…i have just enough of this to sell, buy 200 shares of
$QQQ
If i was to sell calls on the 1st and 15th every month, 30 days out, at say 5% OTM, would i beat this ticker in total return? I bet i would
Not trying to time market, just applying consistent logic. I suppose during bigger drawdowns maybe i halt, but then maybe pivot to selling 5-7% OTM puts. “The wheel” essentially
I’m not THAT frustrated, yet. Although, X-divvy day has started to piss me off more and more, it’s like that never gets recaptured. Stock lags, the premium never catches up to the underlying to a reasonable lag…i.e..3-5% a year, which is a fair trade for income especially if I’m paying fees along the way
Thoughts?