pkease do your own research. It is penny stock @Eric Seto Please forgive me. It is against you coaching) I am bullish on SOUN (through selling options I got 20 contracts assigned. So I now own 2,000 shares average price of $5.40 + option premium. Hope it continues to raise: 1). I believe NVDA is one of its clients + others. 2). They just becoming debt free recently + 3). Lot of pending patents. Please share your thoughts

Hello All, I am new to the option trading and used my margin account to open credit spreads. Now, the trades are against me and I do not have any more leverage to remain. I am very nervous and do not know what to do. Can someone help me to save from large losses(90k). Looking forward to hear back from community.

If you knew when the portfolio managers / hedge fund managers take a break, then you can also plan your vacation around when the market is not doing too much. My forecast for December is that it will be a slower month and less movement. The Santa rally is already happening in November (despite news not really reporting on it) So - I am going on vacation. Japan with my two kids and wife. Hong Kong to visit my parents as well. This year is very bullish - I am sure we all made some money (some students in Investing Accelerator made over 50%). If you need help, I can still help you master investing in December before the year ends. You can hop on a call with Michael and I will still be available to answer any questions you have as you go through the program. This allows you to get ready for the January and February opportunities. Remember it takes 7 weeks to go through the program. ​​So joining in December and go through the course during the Christmas holidays will get you ready to take advantage of any discounted stocks in January and February. Right - Try to take some profit near Nov 29 as well if you want to hold some cash for the holdiays. Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In December, my goal is to help 20 people without a financial background to master investing through Investing Accelerator. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals. If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year.

A visual overview of the different stages of The Wheel Strategy

I am going to send 50K over to IBKR to start doing the wheel strategy in the New Year. Want to get brave and work smart and hoping that I can make this thread for beginners to find help starting. A place that we can mutually discuss the 'best ticker' to buy a PUT and when and why. Discuss the strategy, entry price and details to start the wheel and have all of you amazing experienced people assist. Is this possible?