Sole Strategy: I exclusively utilize the Wheel Strategy for all trades.

• Trade Transparency: All trades executed within my portfolio are shared with the group. Comments marked "// recommendation" indicate trades I believe are beneficial but haven't personally executed, explaining the rationale behind them.
• Premium Income Distribution: My premium income strategy is structured into three distinct segments:

• This segment generates the majority of premium income.
• Allocate 2-5% of your total portfolio value to each core position.
• Diversification is crucial. Avoid overconcentration in just a few positions (e.g., two positions representing 50% each).

• This segment includes companies that offer substantial premiums but aren't suitable for the core portfolio due to various factors.
• Examples include TSLA, CMG, MSTR, AMD, CHWY, UBER, and PLTR.
• These are strong companies, but their long-term stability is less certain, hence their exclusion from the core.
• Crucially, limit investment in these companies to a maximum of 1% of your total portfolio value.

• This segment capitalizes on the significantly increased premiums during earnings weeks.
• Limit investment in these trades to 0.5% of for each company and altogether don't exceed 5% cost of your total portfolio value.

• If the company is undervalued or fairly valued, I write at market price to squeeze maximum premium.
• If it is slightly overvalued or close to fair value, then as a defensive play:
• Select a strike price that gives me 2% monthly premium. Example: If you select a $150 strike price, it should give you at least $3 or less premium.
• If the company is quite overvalued and shoots up in price in only a few trading sessions, I aim for a 1% monthly premium and select the price accordingly.

• I mainly write calls at or above my assigned or purchase price. Never write covered calls below your assigned price.
• If the stock is far down from my assigned or purchase price, then I go out two to three months to get a premium amount that equates to 1% of the assigned price.
• Example: If my assigned price is $100 and the stock is currently trading at $75, I will go out in the future with a strike price (same as assigned price) that gives me a $1 (1% of $100) premium.