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Seems way past you original thoughts. Many things change as life happens. Are your investments at $4.1m or your net worth. Sorry to hear of the chronic health condition. When we are younger we all feel we are invincible, that sure changes. At least for me it did, I am still working for a couple...

So what is your target number? You have been very diligent over the past 10 years.

YouTube videos I would suggest searching YouTube videos on selling covered calls. There is a lot of really good traders that sell covered calls on their portfolios that explains the ins and outs, you can learn it s lot faster and go through a lot more real world examples which are current.

Another option. Another option is to leg into them if you have a lot of the stock, so let’s say you have. 600 shares, sell 2 45 calls now, if the stock runs up $2 in 30 days, sell the June 50 calls, and then if it goes up again, sell the June 50 calls again for more premium and sell further...

Volatility If you are looking to sell calls, I agree with NW-Bound and you want to sell calls when the volatility of the stock is high, but if you already own the stocks it limits the amount of premium you can collect. Depending on your cost basis, determines the strike you want to sell. I...

VZ call You can sell the Apr 21 45 calls which have a 15% probability of being in the money 95 days out for. $45 per contract, that is a 3.7% annualized return, add that to the 6.37% current yield and you are at a 10% yield which is pretty good On stock you own,

VZ covered Calls, VZ is definitely liquid enough I have been trading covered calls on it for a while. Fairly good premium and enough to double your dividend every year. VEU is not very liquid, you would need to put a price in you are willing to sell your shares at and realize you may have to...

Take out the lows I am with you in believing we will take out the lows before and new night, I am guessing the end of year at 3780, down another 2% from current price. It’s just a guess anyways, lol

I was responding to Lawmens comment about “If he only knew when he was going to die” Lawmen That's my conundrum...If I knew I would never need to sell my fund it would be an easy choice..But no one knows what his future financial needs will be..Also, if I just knew when I was going to die this...

But would you really want to know?

Well if anyone did it today, they were rewarded by the end of the day! WOW,.. what a reversal today.

It makes perfect sense, but you could also have done a put credit spread and not tied up as much capital since there is a 90.4% chance it will be out of the money, you could have sold the 650 put and bought the 450 put and collected about $600. However you would have only needed $20,000 in cash...

If you would like to know more about the returns and risks of QYLD versus other Income funds, Gerry has a “GW Retire with Less Channel” on YouTube has done a lot of research and shares his thoughts on them. You can check out one, using this link. He has many others comparisons as well. Here is a...

We have the LG and got it three years ago. I love it and wouldn’t very have a kitchen again without one!

I have a little different twist on this, as I am an option seller of puts and calls and other strategies, because I don’t want to be long the market at all time highs. I sell puts on stocks I would want to own that are not at all time highs. So I am willing to build a portfolio of stocks at much...

I agree with Andre! Once you have enough to cover your expenses, you have won the game, so why keep playing!

HUM at 455 You shouldn’t mind losing HUM at 455 anymore, you can buy it back now at $417 at a 6% discount, lol

Another option Rather than just buying back the stock that got called away, I start selling puts on the stock I want back, weekly if they offer weekly options. This allows me to get the stock back at some point at a discount to the price it got called away at.

Second question If you don’t mind. What size portfolio are you using to generate the $1600 a week. I trade a lot of options as well. So just curious.

Question Can you explain your writing an in the money leap a little more, I am missing something on it,

How fast did you tell them Thank You!

Congratulations!!, I paid mine off June 30th, 11 years early. The feeling is great, got the payoff letter from WFC yesterday. No more “Slave to the lender” we don’t own anyone anything.

I don’t understand the logic of others worrying about lack of bankruptcy protection. If the company declares bankruptcy, they are probably out of a job as well.

I would take the package, and don’t have nearly as much saved up. You never know if things really get worse, they may have layoffs and not be able to offer packages.

I paid ours off two days ago, so being a recent event, I can tell you I feel elated and no problem sleeping. If anything ever happened to my job, it would not take nearly as much to live on. Made double payments for the last 7 years to pay off in 16 years.