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Let me tell you a little about who I am and why I'm here.
I'm not a professional trader. I'm not running a subscription. I'm just a guy who figured out a disciplined approach to generating income and building wealth through the options market, and I enjoy talking about it.
My approach is pretty straightforward. I sell cash secured puts on stocks I actually want to own at prices I'm comfortable paying. If I get assigned, I transition to selling covered calls against those shares and collect premium while I wait for price appreciation.
On higher conviction names where I want leveraged exposure without tying up full capital, I'll use LEAPS as a stock substitute and sell short-dated calls against them - the Poor Man's Covered Call.
Three strategies. One disciplined system. All centered around one idea: get paid while you wait.
A few rules I live by:
- Only sell CSPs on stocks I'd be genuinely happy to own
- Close positions at 50% profit before 50% of DTE - don't be greedy
-Know your earnings dates before you sell a single contract
- Size down in uncertainty. The next trade is always coming
- On very high conviction positions don't cover all shares
I trade across the market - tech, AI infrastructure, defense, growth names - wherever I see a setup that makes sense. Only thing I generally avoid is energy, I'm not a perma-bull or a perma-bear. I'm a premium seller looking for high IV, good technicals, and a price I'd be happy to buy at.
Why am I on X?
Honestly — the community. I've learned more from traders sharing real ideas in real time than from any book or course. I want to contribute to that. I'll share my actual setups, interesting charts, my trade updates, my wins, and yes my mistakes too. The good, the bad, and the rolled positions. I don't share every single trade or position but will give a good snapshot of what I'm in or watching.
No hype. No subscriptions. No "DM me for signals."
Just real trades, real thinking, and real conversations with people who love this stuff as much as I do.
Every once in a while I may throw in a post about travel, cycling, skiing, or food.
If that sounds like your kind of account — follow along. And if you're already selling premium, drop your setups below. I'd love to see what you're watching. 👇
@PLHstock
#options #cashsecuredputs #coveredcalls #thewheel #LEAPS #PMCC #optionsincome #tradingcommunity #stockmarket
Not financial advice.
$TEM the big green days have heavy volume. The red days do not. I don't think this one is anywhere near done moving up.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$NOK getting pretty tight here with @alphatrends anchored VWAP pinch and a TTM Squeeze
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$INTC wants to test those highs if market cooperates at all.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$CRWV holding the .618 Fib level and setting up with a nice TTM Squeeze. Lots of near overhead resistance, but this name is one that can cut through that like a hot knife through butter.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$AMZN that upper anchored VWAP probably going to be resistance in the near term, but very nice TTM Squeeze settigng up here.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$AAPL might need to consolidate a bit, but ultimately I think this breaks out in the coming weeks
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$ZETA wouldn't surprise me to see some more pullback and consolidation. This is healthy and any move under 30 would have me selling CSPs with the hope of adding to my position.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$TOST this one kind of epitomizes the current market environment. Breaks out of a nice bull flag in August and after a roughly 5 day run has just gone straight down for 3 weeks.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$TEM that is one beautiful weekly candle
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$AMZN wicked out of this falling wedge today before pullling back from hod. Wouldn't be at all surprised to see this test the VWAP anchored to the highs next week around 263,50.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$AAPL upper gap is almost closed. I have to believe this one is heading to new highs soon
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$NVO I think @TrendSpider may be having a glitch. $NVO is actually up almost 3% today. Surely this is some kind of mistake. What do you say @HatedMoats and @TacticzH ?
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
Nice push higher today! Took a little profit but still holding some for bigger move.
$INTC needs to get over that anchored VWAP. If it does I think it can go much higher, but for now its acting as resistance
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
Sometimes a simple Tuesday night dinner is really delicious. Grilled chicken breast marinated in @Wegmans Rosemary Balsamic marinade over direct heat and some asparagus with lemon olive oil and herbs de Provence over indirect heat and had some local tomatoes with fresh basil on the side. Healthy and delicious!
$AMZN could keep pulling back in an orderly fashion in this falling wedge until mid October. TTM Squeeze setting up but at the moment the momentum bars are moving in the wrong direction.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$INTC needs to get over that anchored VWAP. If it does I think it can go much higher, but for now its acting as resistance
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$MSFT its almost like that @alphatrends anchored VWAP has mattered.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…
$NFLX nice move here but needs to deal with upper anchored VWAP now.
Check out this chart I made with @TrendSpider share.trendspider.com/chart/…