walter6871 1:03 pm on Wednesday, July 23, 2025
Tags: alittlebitisbetterthannada ( 19 ), everylittlebithelps ( 223 ), ShortPuts ( 4,763 )

SOXL

#shortputs
#everylittlebithelps
#alittlebitisbetterthannada

SOLD SOXL/25 JUL 2025 21 PUT @.04
SOLD SOXL 25 JUL 2025 20.5 PUT @.03
SOLD SOXL 25 JUL 2025 20 PUT @.02
SOLD SOXL 25 JUL 2025 19.5 PUT @.02

danjen0210 1:27 pm on Wednesday, July 23, 2025

This might seem like a silly question from a beginner, but how can you make a profit of just a few cents per contract after deducting the broker fee? Thank you!
- walter6871 1:53 pm on Wednesday, July 23, 2025
  
  No/problem
  
  My/option/fee/is–.45-cents
  Sooo-every/little/bit/helps/and/it’s/more/then/I-had/yesterday!
  
  Walter
  - matt0311 6:43 am on Thursday, July 24, 2025
    
    I am jealous: 45 cents? How and where? Congrats to rates like that. I am sure you are also on portfolio margin.
    - walter6871 7:26 am on Thursday, August 28, 2025
      
      hey/realized I did not respond…. Been with TOS since 1999 ish and unwilling converted to Schwab. Always keep asking for option reduction about every 6 months. The math always pointed to less to them more for me! It helped when HOOD came out with zero fees for stock trading and assignments etc. All broker’s were afraid of people jumping ship. And they did.
    - walter6871 7:26 am on Thursday, August 28, 2025
      
      hope that helps. Who are you with?
      - matt0311 8:45 am on Thursday, August 28, 2025
        
        Thanks for the reply.
        I am with Tastytrade and Think or Swim. Not too long with ToS, and actually mainly using Tasty for the options. Clearly my rates are nowhere near yours (65 per). Just thinking about opening a small account with Robin Hood to save fees. I was planning to follow Iceman with the very small spreads he does, with these, the premium you pay is a factor.
        
        walter6871 10:33 am on Thursday, August 28, 2025
        
        I feel right now small consistent returns are good. If I can get 2% return on risk a week that would be 96%ROR for a year/just on that amount your willing to risk. Does that make sense?
        
        matt0311 6:24 am on Friday, August 29, 2025
        
        This was my thinking as well.
- walter6871 3:35 pm on Wednesday, July 23, 2025
  
  https://optionsbistro.com/author/danjen0210/
  
  Oh/and/one/more/thing.
  
  I/am/willing/to/take/assignment/and/or/roll/position.
  And/then/if/assigned/..sell/covered/calls/until/assigned.
  
  This/is/called/the/wheel/strategy.
  You/can/easily/look/this/up.
  
  Does/this/make/sense?
  
  Walter

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