Had a pretty strong end to the summer. Hope to keep up the performance going into the fall.
A few observations this month: 1. the covered call structure is pretty forgiving for investors like me with mediocre timing. 2. rethinking premise that low-priced optionable stocks are ripe opportunities. While it is true that huge percentage gains can be made, trade costs are higher and many of them are serial disappointers.
Disclaimer: This is not financial or trading advice. I don’t even know if it will work. I certainly don’t recommend you do anything and have no responsibility to you under any circumstances. My risk tolerance is probably a lot higher than yours. Don’t expect advance warning of any change in position — you will not get it. I might close or flip positions or take other trades you do not expect without notice. Under no circumstances will I have any liability to you, so be an adult and take responsibility for your own actions. If you disagree, discard this email, unfollow and ignore.