📈 Higher Inflation Data Again BUT Stocks Rally - Here's Why...

Here's what is happening in the markets today, Thursday, September 14th

- Stocks try to snap 2-day losing streak
- More inflation data…we’ll look at today’s PPI report
- Retail Sales data is out
- Caesars (CZR) gets hacked
- Strike deadline looms…we’ll review GM

PLUS: We’ll use the Wheel Calculator to consider selling NEE calls.

#todaysstockmarket #stockmarkettoday #stockmarket

[thebullsandthebears]

I just fell victim to selling calls below my cost basis! I ended up taking a $380 loss when I stood to make $36 in credit, sooo yea waiting is better lol

[nasserarefi]

Thank you for the nice discussion at the end

[markwalstead]

good show Mark. Thanks for the detailed information on selling calls. Makes good sense, the rent analogy really drives home the point. Hope you get your grill fired up for some steaks!! J Powell isn't going to do anything. You mentioned Altria (MO). As a shareholder, I know today is ex-dividend date. You have made the statement before that stocks generally drop before the dividend date, so point proven. I was able to take this knowledge and sell an ITM $44 call last week, made a decent premium considering the share price. With the knowledge that the shares drop on ex date, my call will likely expire worthless tomorrow and I get the dividend. Thanks for the knowledge!!

[Cmooney]

Excellent content, Mark! Keep it up. Love seeing more explanation videos, and your thought process behind every trade!

[bretthixson]

Great explanation of the call selling! I am in with you guys with NEE currently. The dividend pay date is tomorrow (the 15th). If I sell calls before the 15th, do I still receive that dividend?

[kangari]

I Agree with you on the matter of selling calls completely Mark. ❤

[richardthorne]

Excellent analysis at the end with the numbers. I could be wrong but aren't you and Markus really making closer to 72% annually if you just look at it as far as your own cash investment? I know you use margin and I believe that 30% is based on total stock buying power. Regardless its great. I have learned so much from you two, I am very profitable options investor now but I do go out further in time and for less return but I'm also safer with my strike prices. TRADE YOUR PLAN : )

[TeeCee]

If you are unable to sell calls for a few weeks, for whatever reason, do you factor in not having income on your shares into your ROI calculation?

[extrabarba]

Why not selling puts to CSIQ to lower the initial cost

[NomadJoe]

Great analogy and explanation! I was thinking that you could make it like an Airbnb or a hotel and sell a call that expired very soon. Like if you sold a call today that expires tomorrow. The chances of getting stuck are greatly reduced if you sell your strike far enough out. Today might be good for that since the market seems to be up. But perhaps that’s too much work for too little return.

[billstevens]

Pennies turn into dollars if you're stuck with it long enough.

[alexzagariya]

What we doing with GM??? Please clarify