HEY GANG , I have been trying to create a options portfolio based on tasty vids with some edits and stuff.
Do you guys actually have issues finding stocks as wheeling and CSPs premiums right at this moment feels kinda cheap?
If I sell premium and get assigned it aint worth it ?
or should i just stick to greeks and do it like a robot?
My watchlist of stocks are ATH or close to ATH at the moment
and the stocks that I want to buy like ADBE CRSP etc.. seems to be slightly off
How did you guys start?
Posted by Striking-Ad-3989
2 Comments
Your stocks are at all time highs – so what? That’s good, better than being at all time lows
Think about selling for some reason? Don’t believe in their future? Sell them. It’s that simple.
To construct a portfolio you need to do some research into which industries have future potential/bottlenecks, then you sort those out by finding quality companies in those sectors.
After that, you analyze the competitions in between them.
Lastly, you sort out again for the stocks that have been either beaten down or even if they are trending – have a bright future and are good picks even if you have to pay for them a little more.
This approach helps you in the future when others start panicking – you did your research and this eliminates future mistakes.
You have to be aware that not everything is constantly “on sale” but the value of certain picks can rise tremendously. What doesn’t seem like a steal now will feel like “a steal” in 2+ years.
As for specific option trades – If there are no good deals it’s better to just sit on your hands.
Other suggestion I have is to try and follow some more experienced folks out there.
Here’s a friend of mine, you can see his trades and his track record [here](https://quantwheel.com/trader/ivanorehovec) – this approach of seeing what others do might give you some insights but you have to check everything for yourself.
That’s how you learn and get better with time.
[He and I find trades here](https://quantwheel.com?r=david), and if there’s nothing interesting we just sit back, as simple as that.
Hope this was helpful, I wanted to keep it short and simple.
Sincerely,
David
If you want to trade in stocks like ADBE, then your watchlist is not aligned with your strategy if there is any. You should be very clear about which kind of stocks you actually want to sell CSPs on. I also trade stocks like ADBE (deep value) stuff and also try to avoid assignments through trade management. But the benefit of trading such stocks is that you’re ready to hold them for the long term, so assignment is actually not a problem, but since I like the freedom of choosing new options, I try to avoid assignment, but I don’t fear assignment or sell in loss or roll options.