tbh I like stacking up on spy and qqq rather than dividend etf's so I can sell cc's on them as well 🤣
@Ozz10ITM21 сағат бұрын
Honestly a really solid plan. I don’t currently have enough for 100 shares right now though
@vishalgaikwadsr.964Күн бұрын
Good luck with the new strategy brother I'm also thinking about the future and trying to appropriately manage my risk. Hope to see you hit 6 figures at some point. My port is also around 30k so we'll see where things go. Best of luck and keep us updated
@Ozz10ITMКүн бұрын
Thanks so much man! Best of luck to you as well. Hopefully we will both be at 6 figures soon! Appreciate the support!
@Robin.Riches2 күн бұрын
Getchu some
@Booksstockslife13 күн бұрын
Shits gonna tank dude- buy some puts
@Ozz10ITM12 күн бұрын
Facts. Looks like a pullback is in sight
@r1tz9714 күн бұрын
And when ENPH reports Q1 in May the YOY will be huge
@Ozz10ITM14 күн бұрын
Sure hoping so!
@r1tz9714 күн бұрын
COST trading much higher than average aswell
@r1tz9714 күн бұрын
Ahhhh unlucky you held MU also through that drop
@Ozz10ITM14 күн бұрын
Mannn. Fr. I’m still thinking if I should switch up my plan or not
@r1tz9714 күн бұрын
You can sell the crypto you just need the value of it in the account still
@Ozz10ITM14 күн бұрын
Oh bet
@r1tz9714 күн бұрын
You get the DOGE last night? Wonder what they give us tonight?
@Ozz10ITM14 күн бұрын
Yeah! It was $5.96 of doge
@galiciadabest15 күн бұрын
dang was driving and missed it
@Ozz10ITM15 күн бұрын
Ahhh. I set an alarm to remind me haha
@muted147023 күн бұрын
Wait why won’t is it locking your acct for day trading. What’s the restrictions
@Ozz10ITM22 күн бұрын
The day before my account closed under 25k. And I had already made 4 day trades for the week
@zach_carrier23 күн бұрын
Robinhood never works for me. I had an option call up like 200% and I sold and it took my money and profit
@Ozz10ITM23 күн бұрын
What part didn’t work for you?
@zach_carrier23 күн бұрын
@ I didn’t get my profit it’s like it just disappeared
@Ozz10ITM22 күн бұрын
@@zach_carrier oh wow. Did you contact support?
@Cheftastic91725 күн бұрын
LOL, I dropped 14% 🤣🤣🤣!!!!!!!!! HODL!!!
@Ozz10ITM25 күн бұрын
Haha! HODL🙏🏼🙏🏼
@Mano_42125 күн бұрын
Man with stocks peaking so high you should’ve known no matter what the fed said stocks were going to drop. I sold my portfolio and rebought when they tanked. Just seemed like common sense to me
@Ozz10ITM25 күн бұрын
I’m not selling my entire portfolio for 1 day lol. I’m testing a strategy for 12 months and seeing how profitable it is.
@Mano_42125 күн бұрын
@ it saved me thousands. But I understand what you mean
@r1tz9725 күн бұрын
Oh shoot that TQQQ is still open 😬 best of luck, hope we gap up huge!! 🫡
@Ozz10ITM25 күн бұрын
Hoping so! Up $2 in after hours
@r1tz9725 күн бұрын
It’s a random world 😅🙌🙏😫
@r1tz9725 күн бұрын
My 300 ENVX shares got called today, same price they were assigned but made over $400 premium in 5 weeks on 300 shares
@Ozz10ITM25 күн бұрын
Let’s gooo! Premium is the main goal🙏🏼
@TheRealGeoNut28 күн бұрын
bro i lost 8k and gonna lose more at open feel crushed.
@Ozz10ITM28 күн бұрын
Oh no! Was it options? Or shares?
@3kinvestments42328 күн бұрын
My markets down 10% I lost 2.5k but don’t worry pullbacks or normal man..atleast that’s what I tell myself.
@galiciadabest28 күн бұрын
whats the position
@Ozz10ITM27 күн бұрын
@ yessir. Technically speaking, the market still looks bullish on the weekly. Could just be a buy the dip opportunity
@3kinvestments42326 күн бұрын
@ it looks like it was but I was devastated yesterday I didn’t even open Webull. I went from 15.3k down to 11.5
@TheRealGeoNutАй бұрын
super bullish on amd got a quarter of my roth in there.
@Ozz10ITMАй бұрын
@@TheRealGeoNut It’s one of the few stocks trading at an attractive price! Looks like a great hold🤝🏼
@TheRealGeoNutАй бұрын
@@Ozz10ITM yessir buffet always said to be greedy when others are feerful
@Ozz10ITMАй бұрын
@ 💯
@joshuawilliams2306Ай бұрын
I’m super bullish on TSLA. I don’t think it will ever dump like it did in 2021. Technical wise, it’s breaking out above all time highs, usually that’s not a gentle process. But fundamentally, FSD and Optimus are going to be game changers. I’m thinking 2.5-3 trillion in the next 3-5 years!
@Ozz10ITMАй бұрын
@@joshuawilliams2306 sure would be great! It’s just ran up to much and overvalued currently for me to feel comfortable to trade. But I am a long term believer in Tesla!
@r1tz97Ай бұрын
Let’s goooo!!! I’m still down 2.2k but I’ll be back lol
@Ozz10ITMАй бұрын
Yessir!! Stick to the plan🙏🏼🚀
@btsfan69420Ай бұрын
Enph only up from here
@Ozz10ITMАй бұрын
🤞🏼🚀🚀
@CamaroandaCameraАй бұрын
started watching this journey when you got pummeled for 8k. if I've learned one thing in the market its to hold as long as there's no bs catalyst and like you said its a good company. for how long is to be seen but as long as you play it right like you did at minimum you'll break even. well done! ps shooting myself in the foot after seeing ENPH at $59 and not buying a couple, never heard of the company before so was weary but congrats again!
@Ozz10ITMАй бұрын
So I’ll make a slight profit on shares selling them at $80, (average cost 77.58) and I’ve been collecting premium along the way! About 4% a month in covered calls and cash secured puts! So total will have probably made around 5-6k off of ENPH if it’s above 80 in February.
@iulian9225Ай бұрын
do you plan in deploying other strategies such as pmcc credit spreads iron condors?
@ihatemago4807Ай бұрын
if he did other strategies he wouldnt of been able to recover from ENPH like he did due to other strats not giving you ownership of the stock
@Ozz10ITMАй бұрын
I would like to do some credit spreads also in the account to keep it interesting and a very small portion of the portfolio. Will look into some this week
@Ozz10ITMАй бұрын
Yeah that extra capital I had was clutch to dollar cost average down into ENPH and make this trade recover faster.
@iulian9225Ай бұрын
@@Ozz10ITM usualy credit spreads are from 100$ to 500$ depends on how wide you want make it, its the same price on any stock
@ceffreyjastilloАй бұрын
also remember one of the best strategy's to make money in the market is to not be in the market,keeping your money in the buying power and coming in when stocks are at a low
@Ozz10ITMАй бұрын
Exactly why I’m trading ENPH at a low!
@proabhuАй бұрын
Bruh u can literally sell puts on tesla and microstrategy. We have the same amount of money. As in i did like 2 weeks ago. I made around 8k in 3 weeks. Plz look in to those
@Ozz10ITMАй бұрын
That’s great! I was trading TSLA in September/Oct but then they shot up over 60% so I’m not trading it anymore. Better value in other companies
@remorselessx1923Ай бұрын
Any tips on how and when to look for those calls?
@sajaydАй бұрын
ooooooh..
@r1tz97Ай бұрын
Hell yeah bro can’t wait for ENPH to be over $100 again, we’re gonna be paid fat
@Ozz10ITMАй бұрын
Yessir!! I’m ready too. Ready for the unrealized loss to disappear🤑
@gugustoy6208Ай бұрын
Nice video what stock are you using to do options trading ?? And you think montly it's better than weekly ??
@Ozz10ITMАй бұрын
Well rn is ENPH. I use a variety of profitable companies to trade. Yes I used to do weekly’s all the time and got burned a lot. Big fan of monthlies now
@matthall4743Ай бұрын
Don’t call it come back! Definitely a smart hold so far. Why not jump in on other stocks though?
@Ozz10ITMАй бұрын
Haha! Well if I did I wouldn’t have been able to dca on ENPH. My original cost basis was $100. Now that it’s at $77 I can exit this trade quicker
@matthall4743Ай бұрын
@ For sure. But you still have plenty of cash on the sidelines, why not deploy it elsewhere?
@Ozz10ITMАй бұрын
@ I don’t have any cash left. All that buying power is margin
@matthall4743Ай бұрын
Ah! Cash only. Got it. Either way good luck.
@iulian9225Ай бұрын
are you looking for another stock to wheel or are you planing on holding only one stock?
@Ozz10ITMАй бұрын
@@iulian9225 once I’m out of this trade I’ll look for other stocks to wheel. I like to split up to around 3 companies. ENPH just fell so much I wanted to average down so it became my whole account
@chickennuggies9587Ай бұрын
@@Ozz10ITM isn't this what is called revenge trading lol
@Ozz10ITMАй бұрын
@@chickennuggies9587 possibly😂
@vitaliyamandaАй бұрын
DONT MESS WITH MARGIN
@Ozz10ITMАй бұрын
Definitely risky!
@nastybitofcodeАй бұрын
👀
@OfficialLooneyАй бұрын
whats your discord or twitter i want to reach out to you
@Ozz10ITMАй бұрын
Add me Ozz10ITM
@Robin.RichesАй бұрын
The idea is to take from King Richard. 😢
@Ozz10ITMАй бұрын
Haha. I believe this trade will turn around in my favor!
@aaronsarinana1654Ай бұрын
I'm really sorry about ENPH, it's a company I believe in! I'm interested in learning how to manage margin for buying and selling options. Do you have any videos? Or maybe you could make one! I've searched on KZbin, but I haven't found much information related to options. Thanks!
@Ozz10ITMАй бұрын
Sure! That’s a great idea. I’ll put one together!
@aaronsarinana1654Ай бұрын
@@Ozz10ITMthanks man!
@iulian9225Ай бұрын
I am sooo sorry for you brother
@Ozz10ITMАй бұрын
Haha it’s all good man. I think this trade will turn around soon.
@jonathanodom88422 ай бұрын
So much easier to own great companies 😂😂 just buy and hold bro, losing game trying to trade
@Ozz10ITM2 ай бұрын
I agree it’s easier. Just trying something out for 12 months and then I’ll see my return
@MysteryMan4042 ай бұрын
Yo what up Ozz
@Ozz10ITM2 ай бұрын
What’s going on mysteryman🤝🏼
@nathanyue74482 ай бұрын
First solar imo is just a much safer energy stock. PE is at 17 compared with 144 and trying increase the bottom line of a solar energy company is not going to be easy. 90%+ of their net income comes from subsidies which aren't going to increase with Trump as president. FSLR hasn't been hammered the same way with a Trump presidency.
@Ozz10ITM2 ай бұрын
Agree! For 2024 it’s currently trading at a PE 29. And a 2025 PE of 16, according to seeking alpha. But yes I agree first solar is better. This was strictly a trade for premium that has went against me. Now slowly working my way out while still collecting premium
@Mr.DISCO9992 ай бұрын
The contracts are ripped since tomorrow is the 15 let’s hope a miracle happens hurts to see red😔
@Ozz10ITM2 ай бұрын
Man -27% in a week hurt to see 😂 but I have faith in sticking to a plan 🫡
@matthall47432 ай бұрын
You might be stuck in this trade for a while my guy.
@Ozz10ITM2 ай бұрын
Probably right. As long as they are growing that’s fine by me. Premiums are still juicy
@stocksaihub2 ай бұрын
Never put all eggs in one basket unless its Mag 6 (NVDA, AAPL, MSFT, GOOGL, AMZN, META)
@Ozz10ITM2 ай бұрын
I didn’t plan to. Fell so much that I chose to so I could average down to get out sooner
@nathanyue74482 ай бұрын
if you don't have under 500k, you probably don't want to diversify. The only wildly successful investor for diversification is Peter Lynch.
@313Elonmusk2 ай бұрын
I’m sorry to tell you but you absolutely trapped I worked for 3 years made 10k invested everything in the market lost it had 4K turned it back to 17k got greedy and lost again so 5k is incredibly high I could give you some good stock options like coinbase puts at 350 but it’s all up to you for Gluck
@jakeleo45182 ай бұрын
I started new first $15 and than $50 bro im scared to go all in atm fearing exactly what you got hit with. I dont even know if its worth it. I have a question tho so in your situation right now when do you say "alr let's cut my loss and pull out"? How do you decide? What are the indicators a stock price won't get any better and should cut my loss?
@Ozz10ITM2 ай бұрын
I’d cut my losses if the company went to absolute crap. Rn they are profitable, still growing (2025 expected to be a nice 80% growth year) no insiders are selling. Great balance sheet. So if those things start changing I’d consider cutting
@jakeleo45182 ай бұрын
@@Ozz10ITM but how do you call it in the moment? idk if it's greed, early honeymoon fascination or just me being optimistic every time a stock I bought goes down I always just say "Oh it will go up 10 folds..hopefully" and sometimes it comes out true and im pounding dirt for selling, sometimes it doesnt so im pounding more dirt for not selling. And I joined the day Trump became president elect so this is happening more often for me. Things are to volatile Are there are stocks you would suggest for beginners? what did you start on? I heard of day trading, folks that buy and sale their shares in moment after seeing a jump, or even swing traders. I would like to do that but I don't know what tools these people use to monitor. I have transferred my account from margin to cash account so I can do just that. But now i dont know what to double down on. idk the softwares these guys user, the strat, the stocks they go for etc. Any advice would be nice.
@kennethkyle87712 ай бұрын
@@jakeleo4518 you cut your losses when the market tells you you’re wrong. Cut all losses at 5-7% and you’ll never suffer a big loss. If the stock starts to set up again you can always buy back. This guys down 30% and needs a 50% gain just to break even. It gets worse and worse, Enphase falls another $15 and he needs 100% gain to break even.
@Ozz10ITMАй бұрын
Well I’ve already broke back even on my shares. For very short term trades that advice isn’t to bad. But I’m more of a long term player👍🏼
@Ozz10ITMАй бұрын
@jakeleo4518 day trading being a beginner is a recipe for disaster. Trust me I’ve tried. And even with what I know now, the amount of stress and time it takes isn’t worth it for me. I’d suggest taking a paper money account and practicing on that, that way you won’t lose any real money. And if you can end the month profitable then maybe try real funds
@kennethkyle87712 ай бұрын
Dude cut your losses and buy anything else.
@Ozz10ITM2 ай бұрын
I have a plan, and I have to stick with it. So I can show yall how to get out of a bad situation if it happens to you
@kennethkyle87712 ай бұрын
@ my two top rules are always use a stop loss(5-7%) and NEVER average down. Those two rules keep from getting into your situation here. Good luck dude
@daledegiorgio51202 ай бұрын
Averaging down is fine, but it depends on what, Enphase has retrieved so many downgrades rightfully its a falling knife
@Ozz10ITM2 ай бұрын
For buying options sure. But for owning shares I’ll have to disagree. Company is still growing, it’s profitable, has a great balance sheet. 2025 is what we are waiting for
@Ozz10ITM2 ай бұрын
Yeah it’s a falling knife for sure. This seems like just about max fud as well
@ARFFWorld2 ай бұрын
Thats unfortunate with all the money being made right now. The last 4 days have been the best in the market for many in the last 5+ years. Hope you hit something else in your portfolio.
@Ozz10ITM2 ай бұрын
Yeah ikr! Haha I’m not to worried about it. I’ll average down and make it work. Yeah market has been ripping
@aarongruber29782 ай бұрын
Yeah honestly since the election with everything killing it enphase looks like an opportunity in this market for a buy and hold for 8 + years
@aarongruber29782 ай бұрын
I know the vice president is big on nuclear energy and solar
@Ozz10ITM2 ай бұрын
Yessir! I’m going to average down and make it work! Don’t mind holding it longer if need be. I’m still reaching my premium goals. So whenever I exit the shares at a break even or better I’ll still have all that premium gained
@Ozz10ITM2 ай бұрын
Maybe the vp can sweet talk trump haha
@StewieGriffin2 ай бұрын
buy ACHR
@Ozz10ITM2 ай бұрын
Looks like it’s already up 50% to much run up for me to want to get in on that. And they aren’t profitable yet either.
@bryanangel19422 ай бұрын
I am in the same boat but with $meta. Good luck
@Ozz10ITM2 ай бұрын
Meta is a great company! Also trading near ATH! Are you down on meta?