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| Topic | Stock Topic 22 |
| Lopen 02/24/21 2:34:04 PM #411: | Like here's a fun way to use margin in an extremely safe way Use ~10% margin now on a fairly safe stock. Blue chipper. Get 100 shares of it Immediately sell a very slightly OTM call with those 100 shares that expires EOW. Do not reinvest the cash received from the sold call. Repeat this process until your call is exercised. Note profits made from sold calls, set aside to not reinvest, repeat process. You'll be surprised how quickly your 10% margin use will become 5% and then become your actual cash. Like if my whole portfolio was relatively safe STOCKS not calls I'd absolutely use some margin. It is not really that scary. I'm pretty sure to reach the infinity point Red Sox said at 10% margin use on 30% maintenance you'd need a 90% loss across the board or something? Even in March that absolutely did not happen in a day. --- No problem! This is a cute and pop genocide of love! ... Copied to Clipboard! |
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