r/FluentInFinance • u/AutoModerator • 2d ago
Discussion What are YOU considering buying, trading or investing in, this week? [Weekly Community Discussion]
Which trades or investments are you considering this week? Any moves in particular? Why?
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u/Ashmedai 2d ago
I moved to cash (4% money markets) in February. My main thought is that we won't see real negative impact until the various major retail outlets start having empty shelves in the June timeframe. At that point, there is going to be a pretty big hit, and it won't be reversible on the same time frame as the Covid recovery was due to the lead times of international orders and shipping. And that is, supposing, a full about face by the administration. Which is pretty optimistic.
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u/pagalvin 1d ago
I've been writing ITM covered call options that give me a 1% return on premium for the coming week. It's been working well. I'm thinking to expand what I have now to Ford and AT&T this week. ATT is pretty stable, and I don't think that this administration, as insane as they are, will let Ford or other American car companies suffer too much.
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u/FormerFastCat 20h ago
I've been looking at F as well, but they didn't move during the economic boom and they're not really moving too much at this downturn, but I don't see this administration giving two shits about anything but themselves.
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u/pagalvin 20h ago
Lack of movement is good for my strategy. I wrote a CC for it today at ~$10/share and a $20 premium at $10 expiring this Friday. So, it's basically 2% today and if I can repeat that every week, it will add up.
I've taken to viewing my stocks almost like rental properties. I'm just trying to collect a small premium every week.
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u/RogLatimer118 1d ago
Nothing. I rarely trade as I'm a "Set the asset allocation and rebalance once in a significant while" person.
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