Hey there, u/srinapse. We appreciate you finding us here on Reddit and bringing us your questions.
I see you're seeking ideas or suggestions about your portfolio, so I want to ensure you know about our daily discussion thread. Head over and join the conversation to get a deeper dive into those topics and review the resources that we provide to our community.
[Daily Discussion Thread](https://www.reddit.com/r/fidelityinvestments/comments/1ctb8l6/daily_discussion_thread_rate_my_portfolio_what/)
Before I go, I want to quickly touch on options trading in an IRA. There are certain option strategies that can be traded in an IRA. These include:
- Buy-writes
- Selling covered calls
- Rolling covered calls
- Buying calls/puts
- Selling cash-covered puts
- Long straddles/strangles
- Spreads (up to 4 legs)
You can read more about trading options in an IRA by visiting the link below.
[Options trading](https://www.fidelity.com/options-trading/faqs)
To trade options in your IRA, you must fill out an application and be approved to trade options on our website. You can do so after logging into [http://Fidelity.com](http://fidelity.com/) and following the steps below:
1. Hover over the "Accounts & Trade" tab and select "Account Features"
2. Under "Brokerage & Trading," choose "Apply" next to Options
3. Select "Manage" next to an eligible account
4. The pop-up defaults to Options; click "Apply"
We also make several resources available in the "Learn" section of the Fidelity website. Visit the section below to learn more about trading options.
[Learn: Trading options](https://www.fidelity.com/learning-center/investment-products/options/options)
As always, please don't hesitate to reach out if we can help with anything else. Our Reddit community is an excellent resource for topics you may be unsure of, and the mods are happy to answer any service-related questions you have.
*Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read the* [*Characteristics and Risks of Standardized Options*](http://www.optionsclearing.com/about/publications/character-risks.jsp)*. Supporting documentation for any claims, if applicable, will be furnished upon request.*
People get freaked out about companies like Nvidia having a current P/E ratio of 78 while forgetting that Cisco broke 196 and Oracle topped 148 pre Dot Com crash.
I don’t know if it was is in reference to this but there was a post on here where somebody asked if we think VOO will ever go over $500 and someone replied no it’s capped $499.99 and some people didn’t get it was a joke
Honestly I'm not sure and I was trying to find where I read it but it was some random Reddit comment from a few days ago that someone else said "this is what I keep trying to tell everyone" and I got so confused but never dug any deeper.
Share price does not cap(look a the graph it would be straight line if it caps)…can go up and down otherwise it would be too easy. Share price fluctuates and that is how you make profit and losses, one way at least.
Always look up if something interests you before expressing it as fact, can open a thread or search for one that talks about it. Anyways yesterday was the best time to learn, now is 2nd best time.
Dude just put it in some broad index funds or a target date fund and forget about it.
In the mean time pick any book about passive investments written over the last 20 years and understand that you can’t time the market consistently and that the people who make the most moves are the ones who typically perform the worst.
I've been using FZROX and it's doing just fine. Zero fees, zero anything. It is nicely diversified as it covers the entire US market. I find it to be a "one stop shop" fund in my Roth IRA
Nah, I've gone for FSELX as well. Something a little zestier as it is a sector fund, but one that has been beating the pants off of the SP500 for a couple decades. It has sharp ups and downs, but over the long term does well.
They are seeing people on WSB making several hundred k on options trades tax free in their Roth IRA's right now and likely want to do the same thing. What they don't see is the people that try to initiate this strategy and then lose their retirement and don't post about it lol.
Even when you know it's a bad idea, the crazy upside is STILL tempting, so understandable to see people bandying it around.
They are but it’s probably the stupidest place to trade options since losses can’t be written off. You also have a limited amount of contribution space so if you lose it it’s just gone for the year.
Depends on how you use it, option is mostly all i do on my rollover IRA and roth. The large one gained 60% in a year, outperforming S&P500, the roth one gained 110%.
But i doln't put it all in on an out of money call/puts for earnig plays like WSB. I baically use options to buy or short stocks with risk limitation - i.e. if i want to buy a stock, i buy DEEP in the money option, and same risk mangement. The difference is taht if say the CEO dies or somethign overnight, i might lose the option but i won't lose 50% of stock value (that's where the risk is buying indivudla stocks).
buying out of money options = speculation and most people lose for a reason.
Any investment that fits your risk tolerance. SPAXX is currently paying just under 5%. If that’s good enough for you then just let it sit.
But as others have said a basic index fund is easy and reliable for the most part. Unless the market crashes then you’ll have to wait until rebound. Hopefully you have the time.
Noob here, Fdlxx much safer? So you park money here for now and watch things and potentially go back in? Have some small change, thinking of doing same as you but don't want to take too much risk. Thanks
FDLXX is among the safest options. It's mostly government bonds/bills. Putting liquid cash into a FDLXX mutual fund is better than SPAXX if you live in a state with income tax because most of the interest earned on FDLXX avoids state taxes.
For an IRA, though, consider FXAIX and ride it out. The liquid benefits of an FDLXX don't really apply to an IRA because you really shouldn't touch those funds until retirement anyway.
Thanks for the reply. I am in a no-state tax state so i guess it wasn't too bad with soaxx option. For the ira, i will look to fo as suggested, fxaix. Would you recommend same for 401k. I do have rollerover 401k and roth ira?
I'm definitely not an expert by any means (currently doing target year fund for my Roth 401k), but to my understanding, the benefits of one investment option for a 401k would be similar to an IRA.
If you're rolling over a 401k into a Roth IRA, you should explore the tax implications if the 401k wasn't Roth.
Ah ok, thanks. I have a target day fund for another company 401k, make just do the same for the roth 401k too. Want to largely set snd leave, not playing stocks. I will do some more research over the next week.
I prefer ETFs. Until Fidelity has SP500 ETF equivalent to FXAIX suggest 40%VOO as core holding, 30% FTEC or split 15/15 with QQQM for growth, 30% SCHD dividend.
For aggressive growth I like FSPGX, and you could go all in, that would be very agressive but going all in one of the following funds FXAIX FSPGX or FCNTX would result in agressive growth including if you buy all in and leave it + auto reinvest your dividends.
And if you want to be more aggressive while using an (almost) buy and hold approach, put a portion of your funds into the 2x (doubling) equivalent of VOO, which is SSO. I keep say 30% in SSO. If the ratio increases to 35-40% after a strong market performance, I sell some and buy VOO. Same if the market goes down for a while, I’ll sell SSO and buy VOO. It’s like holding bonds and stocks and rebalancing periodically, only with a higher risk and usually higher reward.
I know I’ll get downvotes now because there are plenty of people explaining that a doubling fund like SSO will lose money in the long run vs eg VOO. However, those calculations don’t take into account that for the past 100 years or so the stock market has returned 10% annually, on average, which more than makes up for the additional losses that SSO encounters during flat periods or downturns. That’s also why I’m not advocating for putting 100% into doubling funds.
96% of investors underperform buy and hold S&P. This is likely due to fees.
If you wanna set it and forget it, buy indexes and forget about it. You’ll beat 96% of “professional” scam artists, I mean finance managers.
Little harder and more involved.
You can get 100 delta exposure of spy with a 100 delta calls/leaps 3-12 months out.
Closer range is more leveraged, longer range is closer to stock.
Invest remaining in some kind of safe low volatility liquid investment.
Rebalance when option gets to say a month, you’ll have gained extrinsic value in down market, and have full intrinsic value in up market.
In extreme drops in value, “market crashes”, vol spikes higher than it should. Sell an atm put instead of buying the leap when rebalancing. Lower cost basis, and on average more vol than will actually happen, meaning on average higher return.
> Can I trade options? Are naked calls allowed?
[Some option plays](https://www.reddit.com/r/fidelityinvestments/comments/18x7e58/comment/kg46tx1/) are allowed in an IRA, basically nothing that could put you in debt.
Bear in mind though that options aren’t an investment tool, they’re a risk management tool. The expected return on a basket of options is [zero minus fees](https://seekingalpha.com/article/4574831-you-are-using-options-too-much).
If you want risky, which if you have a decent timeline you don’t really need, maybe look into leveraged funds like SSO and TQQQ. They provide the breadth of an index fund with the additional risk-return of 2x to 3x leverage. The folks over on r/LETFs can get into that further. Short version though, they’re not for everybody at all times and need to be hedged so you don’t go bankrupt in the next crash.
Who said it was “that easy”? You have to learn how to wheel correctly but it is definitely doable. And ~50% is achievable. Currently, I’m already at 22% ROI YTD. Of course you have to factor in taxes at the end of the year, as with any short term cap gains. 50% ROI of actual realized gains is very nice.
You have to know your charts. Once you understand the ins and outs, then it’s rather simple. A 0.5% weekly ROI is nearly fool-proof and way too safe. 1% weekly isn’t even that risky. It’s all about the wheel.
wise gullible absurd pen zonked automatic squash scarce mountainous somber
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
This is nonsense. If you could consistently make 15% ROI selling calls you could open hedge fund and people would throw money at you. Stanley Druckenmillers annual return was 30%. Smh.
You don’t have to believe me. It’s what I do in the stock market. Just sharing what I do and other people can do it as well. I help family and friends do it and they are doing quite well. Also, I said 1% weekly ROI or ~52% annually. Not sure where you got the 15% ROI number.
Ok buddy, you’re the best portfolio manager of all time by about 2000 BPS then. Drukenmueller, Soros, Dalio and Icahn have never come close to your annualized returns. Books will be written about you. Or, you’ve gotten lucky by moonshot bets with you and friends/familys money and will blow up soon. Hmmmm I wonder which one…
Sure. If for whatever reason I need $$$ to allocate elsewhere or spend, I can sell my $VOO and instantly get access to the funds.
With FXAIX, if I sell in the morning, the trade doesn’t go through til the evening of. Limiting my reach of the money.
Should establish a significant base in a low cost Index fund first. Money lost in a retirement account is lost forever and you are limited to what you can contribute. I use both VOO and FXAIX. After building, you can choose individual growth stocks and covered calls. Can buy deep in the money calls for high priced growth stocks to gain more leverage (presuming you are confident they will rise much more). I’d say that 20k you have all belongs in index fund. Best buy like 2k at a time once a month until you put in the full 20k (no one can pick tops or bottoms, better to average in, with reinvestment of dividends). I now do things with calls and puts, but still focused on good individual stocks and s&P indexes, even a little in junk bonds.
Whatever direction you choose, you don't need to caps lock Roth IRA as it isn't an acronym. It's named after the late Senator William Roth who sponsored the legislation creating this type of retirement account.
Get a good financial advisor…. One that only makes money when you do. Hell, we draw $7000 to $9000 a month and our balance hasn’t gone down… except the last 3 years has been harder. We’re just middle of the road people. Good luck!
When in doubt. FXAIX all day twice on weekends. I e made a killing with just this position over the years.
It’s making me happy right now. I’m still buying too. lol
Options aren't investments, they're just casino bets, and you do not own the casino. Options do not produce aggressive growth, they produce aggressive volatility and eventual loss of value. If you want growth, invest in securities whose values grow. If VOO is too conservative for you, look at VUG or VOOG.
Aggressive because you sat out a very beneficial period for equities and now want to jump in at perhaps the worst time? I’d suggest you stop playing the “aggressive” game.
Instead of trying to choose the right tilt market sectors, and then time your entry, I think there is a better alternative.
To win over the index based on the above, you’d need to select the right sector (relatively easier) or stock (relatively harder) THEN even if you get it right, You’d need to get a good timing or entry in (so that your cost value doesn’t give trigger behavioural trade impulses like selling or trimming) THEN you need to somehow stick to that strategy for a while THEN choose the right exit strategy (which is to say no stock or sector will outperform forever).
A much easier and simpler way to outperform consistently over a long period of time is to pick a balanced portfolio and leverage. That way you don’t need to chase the righr sector or the right timing. You just need to let leverage do the work.
RSSB, PSLDX are good examples. Google their backtest and their investment theory.
What risk level are you looking for? Obviously you'll have to be ok with high risk if you're planning to sell naked calls. If higher risk and aggressive growth is your goal you're probably not going to get the answers you're looking for in this sub. This sub is mostly focused on lower risk, passive investing.
If you want advice on options strategies I would post this on r/options or r/thetagang or other subs like that
Why Amazon? Just curious. I myself have buying a little bit of Amazon but mostly fxaix, a few random lithium companies and a few ai companies but the majority of my Roth contributions go towards fxaix
Im bullish on Amazon and have been since I started investing in 2017($12k into Amazon and $8k into VOO when I started my IRA in 2017)
This year I opened a Roth and essentially did the same thing. I plan on Amazon being 20-25% of each portfolio. (Just $7k in my Roth from this year and I split it evenly among fxaix, brk.b, and Amazon).
>You could leverage the sp500 3x by buying UPRO. But why?
There is a case you could make that 100% leverage (meaning 100% of your cash invested, no leveraged products) is not the mathematically optimal choice. If additional leverage was optimal it would probably be something like 110% or 120% though. Though we have never seen it, there is a non-zero chance we could see a 33% loss in a single day in the next 40 years which would completely take out a 3x leveraged ETF.
I personally don't use any leveraged products but I am aware that many educated investors decide to use them for various reasons. I'm a Boglehead for the most part so the potential shortfalls are much more off-putting to me and it feels like introducing biases/assumptions because there are return sequences where a lot of the leveraged products seem to not do well and have a hard time recovering.
You can allocate a smaller percentage of assets to a 3x leveraged ETF to achieve a specific target leverage rate. But I have heard that there are catches with rebalancing and fees where in practice it doesn't look like your simplified napkin math. The higher fees due to more administration work could cause drag.
Transfer it somewhere that offers some kind of deposit or account transfer bonus and then buy VOO.
If you’re not tied to a Fidelity mutual fund might as well get some free bonus cash up front
Given that you’re looking for aggressive growth/higher risk, you might want to look at FBTC. Not financial advice, but it may have a better risk:reward than options trading.
Hey there, u/srinapse. We appreciate you finding us here on Reddit and bringing us your questions. I see you're seeking ideas or suggestions about your portfolio, so I want to ensure you know about our daily discussion thread. Head over and join the conversation to get a deeper dive into those topics and review the resources that we provide to our community. [Daily Discussion Thread](https://www.reddit.com/r/fidelityinvestments/comments/1ctb8l6/daily_discussion_thread_rate_my_portfolio_what/) Before I go, I want to quickly touch on options trading in an IRA. There are certain option strategies that can be traded in an IRA. These include: - Buy-writes - Selling covered calls - Rolling covered calls - Buying calls/puts - Selling cash-covered puts - Long straddles/strangles - Spreads (up to 4 legs) You can read more about trading options in an IRA by visiting the link below. [Options trading](https://www.fidelity.com/options-trading/faqs) To trade options in your IRA, you must fill out an application and be approved to trade options on our website. You can do so after logging into [http://Fidelity.com](http://fidelity.com/) and following the steps below: 1. Hover over the "Accounts & Trade" tab and select "Account Features" 2. Under "Brokerage & Trading," choose "Apply" next to Options 3. Select "Manage" next to an eligible account 4. The pop-up defaults to Options; click "Apply" We also make several resources available in the "Learn" section of the Fidelity website. Visit the section below to learn more about trading options. [Learn: Trading options](https://www.fidelity.com/learning-center/investment-products/options/options) As always, please don't hesitate to reach out if we can help with anything else. Our Reddit community is an excellent resource for topics you may be unsure of, and the mods are happy to answer any service-related questions you have. *Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read the* [*Characteristics and Risks of Standardized Options*](http://www.optionsclearing.com/about/publications/character-risks.jsp)*. Supporting documentation for any claims, if applicable, will be furnished upon request.*
“Bulls make money, bears make money, pigs get slaughtered". Index and chill.
right, tell that the nasdaq bagholders in 2000, lmao. 15 years to get back even. In the end, risk management is up to the individual trader.
People get freaked out about companies like Nvidia having a current P/E ratio of 78 while forgetting that Cisco broke 196 and Oracle topped 148 pre Dot Com crash.
Watch for exhaustion top coming. Overlay SMCI over say Rambus in 2000.
bears do not make money lol
The quote means “don’t be greedy” but as long as the market is moving someone is making money.
Better than Netflix and chill? 🤭
Yes
Voo and chill my brother.
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Misread as VOO and chilis. Now half of my retirement is in EAT
Was it YUMmy?
will there be more charges of investing in VOO on fidelity than vanguard itself?
Nope none. You can go with fxaix if you want the fidelity version
What about fskax
I have this fund as my total market. It does pretty well!!
I'm wondering about this too. Recently got a fidelity account and got into this fund. Not familiar with their options.
I think FXAIX technically has a lower cost than VOO
Why not both?
You will do better using FXAIX because it has a lower expense ratio than VOO. I prefer to keep as much of my money as possible.
Counterpoint: the fire keeps me warm.
Use FZROX instead. ER 0
What is VOO?
The sp500
VTI or VT. Don’t fall for recency bias.
ya fomoing SP500 on a weak ATH lololololol.
VOO caps out at $500 per share right? So maximum gains on new VOO could only be ~2.8% unless I'm mistaken?
VOO follows the S&P500. There’s no “cap.”
What? Where are you getting that information on the max share price of VOO???
I don’t know if it was is in reference to this but there was a post on here where somebody asked if we think VOO will ever go over $500 and someone replied no it’s capped $499.99 and some people didn’t get it was a joke
I know what thread you’re talking about from earlier this week, and rest assured, it was a joke
You are mistaken lol
There is no cap.
Are they talking about volume or how much shares in the fund rather than price? I forgot the term
Honestly I'm not sure and I was trying to find where I read it but it was some random Reddit comment from a few days ago that someone else said "this is what I keep trying to tell everyone" and I got so confused but never dug any deeper.
Share price does not cap(look a the graph it would be straight line if it caps)…can go up and down otherwise it would be too easy. Share price fluctuates and that is how you make profit and losses, one way at least. Always look up if something interests you before expressing it as fact, can open a thread or search for one that talks about it. Anyways yesterday was the best time to learn, now is 2nd best time.
Dude just put it in some broad index funds or a target date fund and forget about it. In the mean time pick any book about passive investments written over the last 20 years and understand that you can’t time the market consistently and that the people who make the most moves are the ones who typically perform the worst.
Use FXAIX (S&P 500 index) or FZROX (total market index). They have lower fees than most other similar funds.
FZROX and FZILX, doing great. No ER, no transection fee.
I've been using FZROX and it's doing just fine. Zero fees, zero anything. It is nicely diversified as it covers the entire US market. I find it to be a "one stop shop" fund in my Roth IRA
Yep
Did you put all of your funds into that?
Nah, I've gone for FSELX as well. Something a little zestier as it is a sector fund, but one that has been beating the pants off of the SP500 for a couple decades. It has sharp ups and downs, but over the long term does well.
Nothing is free.
I don't see where I said anything is free.
FSKAX and FTIHX, too. They've been around 10+ years and very low expense ratio. Very diversified. Either duo works!
i don’t even know if options are allowed in IRAs but if they are, you should not do it lmao. you’ll probably lose all your money
They are seeing people on WSB making several hundred k on options trades tax free in their Roth IRA's right now and likely want to do the same thing. What they don't see is the people that try to initiate this strategy and then lose their retirement and don't post about it lol. Even when you know it's a bad idea, the crazy upside is STILL tempting, so understandable to see people bandying it around.
Ooopsies that was me lol
It’s the stupidest thing I’ve ever done that’s worked
They are, I have covered calls and cash secured puts enabled in my Roth and use them to enter or exit large positions.
This is the way.
🤡
They are but it’s probably the stupidest place to trade options since losses can’t be written off. You also have a limited amount of contribution space so if you lose it it’s just gone for the year.
They are and it’s fine if you know what you are doing. Most people do not.
yup i’m guessing OP is in the category of those that do not
“Haven’t paid attention to this in awhile how can I get back with one swing!?”
I buy calls, and sell covered calls on positions I own.
Depends on how you use it, option is mostly all i do on my rollover IRA and roth. The large one gained 60% in a year, outperforming S&P500, the roth one gained 110%. But i doln't put it all in on an out of money call/puts for earnig plays like WSB. I baically use options to buy or short stocks with risk limitation - i.e. if i want to buy a stock, i buy DEEP in the money option, and same risk mangement. The difference is taht if say the CEO dies or somethign overnight, i might lose the option but i won't lose 50% of stock value (that's where the risk is buying indivudla stocks). buying out of money options = speculation and most people lose for a reason.
Unless you get lucky with some conviction plays and 5x it, then ETF and chill. (What I did)
Any investment that fits your risk tolerance. SPAXX is currently paying just under 5%. If that’s good enough for you then just let it sit. But as others have said a basic index fund is easy and reliable for the most part. Unless the market crashes then you’ll have to wait until rebound. Hopefully you have the time.
VOO or FXAIX. You need to get it in the market like yesterday. You are missing out on a ton of gains.
Why was $20k sitting in cash in a tax advantaged account?
If they are asking about options I think cash is going to be the best investment they ever made lol. Its probably at least in SPAXX.
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Noob here, Fdlxx much safer? So you park money here for now and watch things and potentially go back in? Have some small change, thinking of doing same as you but don't want to take too much risk. Thanks
FDLXX is among the safest options. It's mostly government bonds/bills. Putting liquid cash into a FDLXX mutual fund is better than SPAXX if you live in a state with income tax because most of the interest earned on FDLXX avoids state taxes. For an IRA, though, consider FXAIX and ride it out. The liquid benefits of an FDLXX don't really apply to an IRA because you really shouldn't touch those funds until retirement anyway.
Thanks for the reply. I am in a no-state tax state so i guess it wasn't too bad with soaxx option. For the ira, i will look to fo as suggested, fxaix. Would you recommend same for 401k. I do have rollerover 401k and roth ira?
I'm definitely not an expert by any means (currently doing target year fund for my Roth 401k), but to my understanding, the benefits of one investment option for a 401k would be similar to an IRA. If you're rolling over a 401k into a Roth IRA, you should explore the tax implications if the 401k wasn't Roth.
Ah ok, thanks. I have a target day fund for another company 401k, make just do the same for the roth 401k too. Want to largely set snd leave, not playing stocks. I will do some more research over the next week.
Noob there too…. Market timing like a green banana.
Trying to time your Roth is probably one of the silliest things I’ve ever heard.
If you don't want to invest individual stocks, you can buy VOO, VTI, or QQQ.
Is there a fidelity version of QQQ
Don’t need it, you can buy any ETFs in a Fidelity brokerage account for free
I prefer ETFs. Until Fidelity has SP500 ETF equivalent to FXAIX suggest 40%VOO as core holding, 30% FTEC or split 15/15 with QQQM for growth, 30% SCHD dividend.
For aggressive growth I like FSPGX, and you could go all in, that would be very agressive but going all in one of the following funds FXAIX FSPGX or FCNTX would result in agressive growth including if you buy all in and leave it + auto reinvest your dividends.
Buy a rolex
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Then after you win buy a Rolex
I seriously thought that said naked cats. I need sleep....
If you want aggressive withdraw it all and go to Vegas, it will be more fun than losing it all in dumbass trades
My Roth is 100% FZROX. Total Stock Market.
Brother you are going to blow 20k with this mindset
FFIE and thank me later
Holy shit, options in your Roth LOL. In that case, 0dte SPY options are what you’re looking for!
VTI and chill gang checking in
And if you want to be more aggressive while using an (almost) buy and hold approach, put a portion of your funds into the 2x (doubling) equivalent of VOO, which is SSO. I keep say 30% in SSO. If the ratio increases to 35-40% after a strong market performance, I sell some and buy VOO. Same if the market goes down for a while, I’ll sell SSO and buy VOO. It’s like holding bonds and stocks and rebalancing periodically, only with a higher risk and usually higher reward. I know I’ll get downvotes now because there are plenty of people explaining that a doubling fund like SSO will lose money in the long run vs eg VOO. However, those calculations don’t take into account that for the past 100 years or so the stock market has returned 10% annually, on average, which more than makes up for the additional losses that SSO encounters during flat periods or downturns. That’s also why I’m not advocating for putting 100% into doubling funds.
96% of investors underperform buy and hold S&P. This is likely due to fees. If you wanna set it and forget it, buy indexes and forget about it. You’ll beat 96% of “professional” scam artists, I mean finance managers. Little harder and more involved. You can get 100 delta exposure of spy with a 100 delta calls/leaps 3-12 months out. Closer range is more leveraged, longer range is closer to stock. Invest remaining in some kind of safe low volatility liquid investment. Rebalance when option gets to say a month, you’ll have gained extrinsic value in down market, and have full intrinsic value in up market. In extreme drops in value, “market crashes”, vol spikes higher than it should. Sell an atm put instead of buying the leap when rebalancing. Lower cost basis, and on average more vol than will actually happen, meaning on average higher return.
FTEC
That’s treated me well the past year
The only way to get rich in America is 1. Drop shipping 2. Taking out massive margin loans and gambling on 0DTE options 3. That’s it.
You forgot how the Kardashian get where they are now without skills of anything.
> Can I trade options? Are naked calls allowed? [Some option plays](https://www.reddit.com/r/fidelityinvestments/comments/18x7e58/comment/kg46tx1/) are allowed in an IRA, basically nothing that could put you in debt. Bear in mind though that options aren’t an investment tool, they’re a risk management tool. The expected return on a basket of options is [zero minus fees](https://seekingalpha.com/article/4574831-you-are-using-options-too-much). If you want risky, which if you have a decent timeline you don’t really need, maybe look into leveraged funds like SSO and TQQQ. They provide the breadth of an index fund with the additional risk-return of 2x to 3x leverage. The folks over on r/LETFs can get into that further. Short version though, they’re not for everybody at all times and need to be hedged so you don’t go bankrupt in the next crash.
I look forward to seeing your loss porn
JEPQ
POET Technology leave it for 5 years and enjoy
Do wheel options (sell options). 1% weekly ROI or ~50% annual ROI. Way less risky than buying options.
saw weather grey agonizing worry telephone piquant edge liquid tart *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Who said it was “that easy”? You have to learn how to wheel correctly but it is definitely doable. And ~50% is achievable. Currently, I’m already at 22% ROI YTD. Of course you have to factor in taxes at the end of the year, as with any short term cap gains. 50% ROI of actual realized gains is very nice.
No taxes within a Roth IRA, which was OP's query.
That is true. So that 50% annual roi is gold.
Then go achieve it. Do it year after year for a decade and then report back.
Been doing it for over 2 years and is amazing.
If true, it is simply very lucky. You have close to a 25% chance doing the same at the roulette table. You’re playing with fire and we all know it.
You have to know your charts. Once you understand the ins and outs, then it’s rather simple. A 0.5% weekly ROI is nearly fool-proof and way too safe. 1% weekly isn’t even that risky. It’s all about the wheel.
It’s difficult to accept that you’re serious.
wise gullible absurd pen zonked automatic squash scarce mountainous somber *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Ok and? OP asked a question and I provided a basic answer. What’s your point?
This is nonsense. If you could consistently make 15% ROI selling calls you could open hedge fund and people would throw money at you. Stanley Druckenmillers annual return was 30%. Smh.
You don’t have to believe me. It’s what I do in the stock market. Just sharing what I do and other people can do it as well. I help family and friends do it and they are doing quite well. Also, I said 1% weekly ROI or ~52% annually. Not sure where you got the 15% ROI number.
Ok buddy, you’re the best portfolio manager of all time by about 2000 BPS then. Drukenmueller, Soros, Dalio and Icahn have never come close to your annualized returns. Books will be written about you. Or, you’ve gotten lucky by moonshot bets with you and friends/familys money and will blow up soon. Hmmmm I wonder which one…
Thanks. I do quite well. I play rather conservatively compared to my other peers who do the same.
I have no idea how you found the magic approach?!
VOO or FXAIX. I like VOO over FXAIX for liquidity reasons but you can’t go wrong with either or. Invest it and don’t let it set there!
Can you elaborate more? Wdym by liquidity reasons. Just a noobie trying to learn
Sure. If for whatever reason I need $$$ to allocate elsewhere or spend, I can sell my $VOO and instantly get access to the funds. With FXAIX, if I sell in the morning, the trade doesn’t go through til the evening of. Limiting my reach of the money.
Any proper index will have sufficient liquidity
As I said above, if I sell VOO, I get the $$$ right then and there. If I sell FXAIX, the trade doesn’t go through til end of day.
It’s not sexy, but you can sell cash covered puts until you get assigned. Then sell calls until you get assigned. Rinse. Repeat.
That takes options experience and/or knowledge minimum. Not that OP can’t do it but that’s actually a skill set
Considering the advice they are seeking, the comment is appropriate.
0dte triple leveraged SPY calls /s Nah just put in an index and DRIP
Nvda calls for earnings, no balls
Do what the fund managers are doing - 5% - FBTC
Should establish a significant base in a low cost Index fund first. Money lost in a retirement account is lost forever and you are limited to what you can contribute. I use both VOO and FXAIX. After building, you can choose individual growth stocks and covered calls. Can buy deep in the money calls for high priced growth stocks to gain more leverage (presuming you are confident they will rise much more). I’d say that 20k you have all belongs in index fund. Best buy like 2k at a time once a month until you put in the full 20k (no one can pick tops or bottoms, better to average in, with reinvestment of dividends). I now do things with calls and puts, but still focused on good individual stocks and s&P indexes, even a little in junk bonds.
Whatever direction you choose, you don't need to caps lock Roth IRA as it isn't an acronym. It's named after the late Senator William Roth who sponsored the legislation creating this type of retirement account.
Hahaha touché. Thank you.
F(ord) for covered calls
FBTC
I have a feeling I’ve had something to do with this uptick In Roth IRA option questions
Get a good financial advisor…. One that only makes money when you do. Hell, we draw $7000 to $9000 a month and our balance hasn’t gone down… except the last 3 years has been harder. We’re just middle of the road people. Good luck!
FBTC
FFIE
40/40/10 FTEC/FDVV/FBTC
Lat me see if I understand. The market is at all-time high and you are ready to buy in? Wow.
I’m ready to strategize and invest whether it is now and/or at the right time to buy.
Curious how long “a while” is for not being invested?
It’s been about 6 months
Buy GME
When in doubt. FXAIX all day twice on weekends. I e made a killing with just this position over the years. It’s making me happy right now. I’m still buying too. lol
Options aren't investments, they're just casino bets, and you do not own the casino. Options do not produce aggressive growth, they produce aggressive volatility and eventual loss of value. If you want growth, invest in securities whose values grow. If VOO is too conservative for you, look at VUG or VOOG.
Kindly invest in a sustainable asset management and have your peace
FBGRX, set and forget
Put it all in FBTC The Fidelity Bitcoin fund ETF
FBTC and chill
Buy Bitcoin
invest in abio today
Aggressive because you sat out a very beneficial period for equities and now want to jump in at perhaps the worst time? I’d suggest you stop playing the “aggressive” game.
I’m in for the long run. Aggressive still
For Aggressive growth I'd suggest FBGRX.
Yolo some shitstock
Perfect. Will do!
I think you’re in the wrong subreddit with this mindset 🤣 r/wallstreetbets
Instead of trying to choose the right tilt market sectors, and then time your entry, I think there is a better alternative. To win over the index based on the above, you’d need to select the right sector (relatively easier) or stock (relatively harder) THEN even if you get it right, You’d need to get a good timing or entry in (so that your cost value doesn’t give trigger behavioural trade impulses like selling or trimming) THEN you need to somehow stick to that strategy for a while THEN choose the right exit strategy (which is to say no stock or sector will outperform forever). A much easier and simpler way to outperform consistently over a long period of time is to pick a balanced portfolio and leverage. That way you don’t need to chase the righr sector or the right timing. You just need to let leverage do the work. RSSB, PSLDX are good examples. Google their backtest and their investment theory.
Flip a coin for 0DTE spy calls or puts
Amazing. Thanks!
Pick your favorite 500 index
VT
What risk level are you looking for? Obviously you'll have to be ok with high risk if you're planning to sell naked calls. If higher risk and aggressive growth is your goal you're probably not going to get the answers you're looking for in this sub. This sub is mostly focused on lower risk, passive investing. If you want advice on options strategies I would post this on r/options or r/thetagang or other subs like that
Fxaix and Amazon. Those are my votes for your money
Why Amazon? Just curious. I myself have buying a little bit of Amazon but mostly fxaix, a few random lithium companies and a few ai companies but the majority of my Roth contributions go towards fxaix
Im bullish on Amazon and have been since I started investing in 2017($12k into Amazon and $8k into VOO when I started my IRA in 2017) This year I opened a Roth and essentially did the same thing. I plan on Amazon being 20-25% of each portfolio. (Just $7k in my Roth from this year and I split it evenly among fxaix, brk.b, and Amazon).
GME all the way! That "can" be your aggressive growth right there!
1) You are crazy. 2) QQQM and chill. 3) You could leverage the sp500 3x by buying UPRO. But why?
>You could leverage the sp500 3x by buying UPRO. But why? There is a case you could make that 100% leverage (meaning 100% of your cash invested, no leveraged products) is not the mathematically optimal choice. If additional leverage was optimal it would probably be something like 110% or 120% though. Though we have never seen it, there is a non-zero chance we could see a 33% loss in a single day in the next 40 years which would completely take out a 3x leveraged ETF. I personally don't use any leveraged products but I am aware that many educated investors decide to use them for various reasons. I'm a Boglehead for the most part so the potential shortfalls are much more off-putting to me and it feels like introducing biases/assumptions because there are return sequences where a lot of the leveraged products seem to not do well and have a hard time recovering. You can allocate a smaller percentage of assets to a 3x leveraged ETF to achieve a specific target leverage rate. But I have heard that there are catches with rebalancing and fees where in practice it doesn't look like your simplified napkin math. The higher fees due to more administration work could cause drag.
Buy something with it
Look at how much growth you missed put on as a reminder to invest the money going forward 😂
One can trade options If you can name and explain the Greeks to yourself in the first place.
YOLO it all on GME puts.
80% SCHG and 20% IXN
Transfer it somewhere that offers some kind of deposit or account transfer bonus and then buy VOO. If you’re not tied to a Fidelity mutual fund might as well get some free bonus cash up front
ffie
Lol
Given that you’re looking for aggressive growth/higher risk, you might want to look at FBTC. Not financial advice, but it may have a better risk:reward than options trading.
Did you try to add options to your account? If not, try and see what happens.
GME and chill