The $25,000 Options Portfolio Challenge puts the "Wheel" strategy into action! Each week I give a rundown of my trades. Only selling puts and selling calls (No YOLO trades). My goal is simple. Try to make $250/week in premiums. This is my personal portfolio. I am not a financial advisor. This is for entertainment purposes only. Support this podcast: https://anchor.fm/bingyonfinance/support
This is the $25,000 Options Portfolio Challenge. I have loaded my Webull account with $25,000 and my goal is to make $250 per week in options premium. Check out the blog for detailed trade information: https://www.BingyOnFinance.com
Week 6: Trying to push for trades could be coming to bite me in the ass in week 6. I have already been assigned HRL and it looks like I might get assigned even more this week. The portfolio is officially down week over week and I'm a little nervous but I think with some smart trades I can maintain my account balance through a potential downturn.
Options Traded: Walgreens (WBA), Altria (MO), Citigroup (C), Hormel Foods (HRL)
Webull:
https://act.webull.com/ro/mXf7Xxmb6vLg/8f6/inviteUs/
M1 Finance:
https://m1.finance/cS_230OW8iHk
Robinhood:
https://join.robinhood.com/brianb10684
Support this podcast: https://anchor.fm/bingyonfinance/support
This is the $25,000 Options Portfolio Challenge. I have loaded my Webull account with $25,000 and my goal is to make $250 per week in options premium. Check out the blog for detailed trade information: https://www.BingyOnFinance.com
Week 5: Not wanting to be done in by another slow week with no trades I decided to throw caution to the wind and lay down some trades. So far it worked out well because week over week we are up another $385.36. Let's get this ball rolling again and keep that money coming in!
Options Traded: Intel (INTC), Etsy (ETSY), Walgreens (WBA), AT&T (T), Hormel Foods (HRL)
Webull:
https://act.webull.com/ro/mXf7Xxmb6vLg/8f6/inviteUs/
M1 Finance:
https://m1.finance/cS_230OW8iHk
Robinhood:
https://join.robinhood.com/brianb10684
Support this podcast: https://anchor.fm/bingyonfinance/support
This is the $25,000 Options Portfolio Challenge. I have loaded my Webull account with $25,000 and my goal is to make $250 per week in options premium. Check out the blog for detailed trade information: https://www.BingyOnFinance.com
Week 4: It's a slow week with only one trade... The market is peaking and I'm worried about getting stuck in high flying stocks. I should have bought back my call options last week so I still had some stock to sell calls against.
Options Traded: Etsy (ETSY)
Webull:
https://act.webull.com/ro/mXf7Xxmb6vLg/8f6/inviteUs/
M1 Finance:
https://m1.finance/cS_230OW8iHk
Robinhood:
https://join.robinhood.com/brianb10684
Support this podcast: https://anchor.fm/bingyonfinance/support
This is the $25,000 Options Portfolio Challenge. I have loaded my Webull account with $25,000 and my goal is to make $250 per week in options premium. Check out the blog for detailed trade information: https://www.BingyOnFinance.com
Week 3 begins with my portfolio surging! Luckily my stocks didn't all get called away last week so I'm getting some gains on the popping stock market.
Options Traded: Aflac (AFL), Raytheon Technologies (RTX), ViacomCBS (VIAC), Citigroup (C), Intel (INTC)
Webull:
https://act.webull.com/ro/mXf7Xxmb6vLg/8f6/inviteUs/
M1 Finance:
https://m1.finance/cS_230OW8iHk
Robinhood:
https://join.robinhood.com/brianb10684
Support this podcast: https://anchor.fm/bingyonfinance/support
This is the $25,000 Options Portfolio Challenge. I have loaded my Webull account with $25,000 and my goal is to make $250 per week in options premium. Check out the blog for detailed trade information: https://www.BingyOnFinance.com
A recap of week 1 trades/assignments as well as the new trades for week 2.
Options Traded: Synchrony Financial (SYF), Aflac (AFL), Raytheon Technologies (RTX), ViacomCBS (VIAC), Citigroup (C), Cisco Systems (CSCO)
Webull:
https://act.webull.com/ro/mXf7Xxmb6vLg/8f6/inviteUs/
M1 Finance:
https://m1.finance/cS_230OW8iHk
Robinhood:
https://join.robinhood.com/brianb10684
Support this podcast: https://anchor.fm/bingyonfinance/support