I was begining to think this was beyond me capacity to understand. After 2 Months of reading every post of every section on this site, the light bulb finaly went on. The support many of you offered when we evacuated during the fire this past year helped me immeasurably. And I thanks all the members here who were work hard in helping us all to become better traders, and I would say better people as well. Thanks Phil for helping make this a much, much better year this year than last. 25% of my gain is in dividends and premium selling, with the balance in appreciation. I concentrated on stocks (many of my own choosing) that had decent dividends and wrote front month calls against (OTM) which has worked well in this market run. I did it with 2.5 mil and kept 600,000 in cash in case I got in trouble. I reached my goal by following Phil's strategies - lots of Buy/Writes, covered calls on equities, naked put entries for income production. Learning and doing has for me been a blast! To be honest, when I set the goal I thought it was daunting, as I have for many years been an investor in equities but did very little with options. I learned a lot, achieved much, and am profoundly grateful. Phil - I celebrate today, having reached my goal for the year, trading in sync with your education and guidance, of 1 million in profit. I didn't want to wait for expiration tomorrow and the possible peg at $70.00, following your dictum to not get greedy. Once again, many muchos for the SODA trade of last week. I'm conservative with this money –looking for 2% per month, which i've been able to do… thx. Hil, I hit my targets for the year in my 401K (thanks in no small part to your site), so I cashed out of all positions a couple of weeks ago.
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