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7 contributions to The Nexus
Mar '23 in
FuboTV
Any thoughts on FUBO? The stock has dropped by a ton in the past year and is currently just above $1/share. Anyone in on it? Thinking about selling puts because the premiums are high (about 18% monthly) and they also just announced a new partnership with MLB. https://finance.yahoo.com/news/play-ball-fubo-becomes-streaming-130000452.html Curious to hear if anyone's in on it and your thoughts?
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New comment Mar '23
0 likes • Mar '23
@Michael Mason
Mar '23 in
Passive Account
Any recommendations on which stocks/ETFs you sell puts and calls on for the big 8-12%/mo. account? Also, is it recommended to have it made up of multiple stocks/ETFs?
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New comment Mar '23
0 likes • Mar '23
Nice! What ETFs do you trade? SPY? Also, what % would you say you put towards ETFs compared to single stocks? Like 80/20 50/50? Thanks for your response!
0 likes • Mar '23
@Michael Mason Nice! Thanks for sharing, and if you were selling outs to get in, how do you determine the strike price you sell at? Do you chart or have another method?
Sep '22 in
Level 3 Robinhood
Hey guys, I have been struggling trying to get my account approved to trade spreads on Robinhood and have spoke support many times. I made sure to answer the investment profile questions to where they should approve it, but it still won't approve. Has anyone dealt with this or moved to another platform that allowed spreads from the start?
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New comment Oct '22
0 likes • Sep '22
@Sherry Ann Barraquio thank you very much!
1 like • Oct '22
@Sherry Ann Barraquio Thank you, I will try that out!
0 likes • Sep '22
What are you currently using? Robinhood won’t give me access to Level 3 to trade spreads, I had another call with them today so I am looking into different options including Webull.
Jun '22 in
Robinhood Options Trading Level 3
Question. Does anyone know how to get your Robinhood account to upgrade your options trading from level 2 to level 3? I need level 3 to be able to trade spreads and I have tried all possible answers in my investment profile to be upgraded, but no matter which answers I put it tells me I am not eligible yet. Curious to hear if anyone else has head this experience and how they were able to upgrade to level 3. Thanks!
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New comment Jul '22
0 likes • Jul '22
@Grace McClure Johnson Did it approve you for level 3 right away? It approved me for level 2 right away, but I need level 3 to be able to trade spreads.
0 likes • Jul '22
@Grace McClure Johnson yes I did, when I called them a few weeks ago they said they saw my activity and playing around with the answers so they recommended to wait a month and call again.
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