WoV stock portfolio
July 1st, 2026 at 2:05:37 PM
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I compare it to backing a blackjack pro. I could play the game forty hours a week and get mostly the same result as most counters, or I could contribute to his bankroll and take a piece of his profit. I gave Rex $50,000, and they play with it and pay me $400 a week. Meanwhile, the rest of my portfolio is reinvested and just continues to grow. It's passive investing. In about 18 months, I'll have recouped my initial investment and will still be collecting that payout each week.
If somebody can do better, I'm happy for them.
A year ago, I tried to explain why these funds were a better investment than bitcoin, and everyone scoffed.
If somebody can do better, I'm happy for them.
A year ago, I tried to explain why these funds were a better investment than bitcoin, and everyone scoffed.
The older I get, the better I recall things that never happened
July 1st, 2026 at 4:26:39 PM
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Quote: lilredroosterQuote: billryanThe professionals at REX can do much better with covered calls than I can as an individual, simply because I can't afford the 5,000 shares of 15 different stocks to write multiple out-of-the-money calls on them. I prefer to pay them to do it rather than make my own mistakes.
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based on what he posted AZ is now making a much higher % on his deals than Fepi or Cepi is making on theirs
probably mostly because it's a low price stock with greater volatility and of course also greater risk
he would have to say for sure, but I would guess it's mainly a sideline for him - something that's fun - and not his main investment
.
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It's a sideline I one day hope to make a mainline. As I said above, has taken 20 plus years to get some consistent returns. I built my own scanners with my own ideas on what indicators to use. It is only "work" if you hate doing it. I like trying to predict stocks. I like the market. I had no guidance growing up how to get into it. I had no desire to dial and smile 500 timers a day. I did not have the math to get into the quant area.
What I do have is pattern recognition and my own ideas. Professionals have regulatory constraints that I do not. So that....
It makes Friday afternoon fun when you roll the covered calls.
All animals are equal, but some are more equal than others
July 1st, 2026 at 5:26:28 PM
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Quote: billryan
A year ago, I tried to explain why these funds were a better investment than bitcoin, and everyone scoffed.
Investments earn money, Bitcoin earns nothing.
You can't know everything, but you can know anything.
July 1st, 2026 at 7:36:28 PM
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Quote: AZDuffmanQuote: lilredroosterQuote: billryanThe professionals at REX can do much better with covered calls than I can as an individual, simply because I can't afford the 5,000 shares of 15 different stocks to write multiple out-of-the-money calls on them. I prefer to pay them to do it rather than make my own mistakes.
link to original post
based on what he posted AZ is now making a much higher % on his deals than Fepi or Cepi is making on theirs
probably mostly because it's a low price stock with greater volatility and of course also greater risk
he would have to say for sure, but I would guess it's mainly a sideline for him - something that's fun - and not his main investment
.
link to original post
It's a sideline I one day hope to make a mainline. As I said above, has taken 20 plus years to get some consistent returns. I built my own scanners with my own ideas on what indicators to use. It is only "work" if you hate doing it. I like trying to predict stocks. I like the market. I had no guidance growing up how to get into it. I had no desire to dial and smile 500 timers a day. I did not have the math to get into the quant area.
What I do have is pattern recognition and my own ideas. Professionals have regulatory constraints that I do not. So that....
It makes Friday afternoon fun when you roll the covered calls.
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I don't disagree. If you have passion and enjoy what you are doing, your results aren't as important.
The older I get, the better I recall things that never happened
July 2nd, 2026 at 2:26:37 AM
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Quote: lilredrooster.
it was quite amazing to me that virtually every comment in the video was positive - I've never seen that on a YT video before
]
The comments are mostly bought/bots. This is very common on youtube in the finance niche.
Covered calls are not a magical strategy. Formal academic studies show no significant improvement in returns over buy and hold or other strategies. Impact is limited to distribution of volatility.
July 2nd, 2026 at 4:17:25 AM
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Quote: billryanIf you have passion and enjoy what you are doing, your results aren't as important.
terrible comment
the results are obviously important to him
and he does quite well
.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
July 2nd, 2026 at 6:05:48 AM
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Quote: lilredroosterQuote: billryanIf you have passion and enjoy what you are doing, your results aren't as important.
terrible comment
the results are obviously important to him
and he does quite well
.
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And you know that how? He himself said it took twenty years to produce decent results. You have no idea how he has done compared to anyone else, nor has he said how he has done, so why would you make such statements?
What we do know is that he is passionate about investing and has been willing to work on it for the last twenty years. To me, he's found something more important than results. I'm sorry you don't understand that.
The older I get, the better I recall things that never happened
July 2nd, 2026 at 6:28:27 AM
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Quote: billryanQuote: lilredroosterQuote: billryanIf you have passion and enjoy what you are doing, your results aren't as important.
terrible comment
the results are obviously important to him
and he does quite well
.
link to original post
And you know that how? He himself said it took twenty years to produce decent results. You have no idea how he has done compared to anyone else, nor has he said how he has done, so why would you make such statements?
What we do know is that he is passionate about investing and has been willing to work on it for the last twenty years. To me, he's found something more important than results. I'm sorry you don't understand that.
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I believe based on his posts that his 20 years of work was driven by his desire to improve his results
and that the results themselves were quite important to him
he did post some of his results - which were quite good - and described his results as generating "consistent returns"
.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
July 2nd, 2026 at 6:41:55 AM
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I've no idea how he has done, and while I certainly hope he has done tremendously well, claiming that you know he has because he posted some of his results is ludicrous.
The older I get, the better I recall things that never happened
July 2nd, 2026 at 6:59:03 AM
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Quote: billryanI've no idea how he has done, and while I certainly hope he has done tremendously well, claiming that you know he has because he posted some of his results is ludicrous.
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your posting "your results aren't as important" is ludicrous
.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
July 2nd, 2026 at 9:11:04 AM
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If you invested $1,000 in trumps crypto token the day before he took office, your investment is now worth about $23. You'd have lost 97% of your money, while trump made a billion dollars. Funny how that worked out.
The older I get, the better I recall things that never happened
July 2nd, 2026 at 2:27:26 PM
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Quote: lilredroosterQuote: billryanQuote: lilredroosterQuote: billryanIf you have passion and enjoy what you are doing, your results aren't as important.
terrible comment
the results are obviously important to him
and he does quite well
.
link to original post
And you know that how? He himself said it took twenty years to produce decent results. You have no idea how he has done compared to anyone else, nor has he said how he has done, so why would you make such statements?
What we do know is that he is passionate about investing and has been willing to work on it for the last twenty years. To me, he's found something more important than results. I'm sorry you don't understand that.
link to original post
I believe based on his posts that his 20 years of work was driven by his desire to improve his results
and that the results themselves were quite important to him
he did post some of his results - which were quite good - and described his results as generating "consistent returns"
.
link to original post
It is "synthetic Friday" which means roll the covered calls. This week was good. Two of my $8ish stocks I got like $0.60 for a one-week option! That money goes to other investments as well as take some out for personal expenses.
Not trying to brag, trying to explain that covered calls are a valid thing.
All animals are equal, but some are more equal than others
July 2nd, 2026 at 5:22:13 PM
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I don't think you are bragging. You've discussed covered calls for years
The older I get, the better I recall things that never happened
July 14th, 2026 at 6:11:06 PM
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So good day for WoV portfolio. And market in general. But one of my portfolios tanked. Closer look…. Has a bunch of IBM. It reported slightly below expected earnings. $2.93 a share versus ‘expected’ $3.01 a share. So earnings around 2-3% lower than PREDICTED. So it fell. But by 25%! So still on pace to make over $11 billion this year. I just don’t get how IBM was worth $270 billion yesterday but $205 billion today.
July 14th, 2026 at 10:42:50 PM
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If you liked IBM yesterday, then today is a rare opportunity to buy IBM at 25% off.
If you don't like IBM, today is a rare day to brag that you were right.
If you don't like IBM, today is a rare day to brag that you were right.
The older I get, the better I recall things that never happened
July 14th, 2026 at 10:43:28 PM
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Duplicate post deleted.
The older I get, the better I recall things that never happened
July 15th, 2026 at 4:31:32 AM
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IBM forward guidance was the problem
plus price was getting close to $300 per share, that was needing a correction anyway I think... bad combination
plus price was getting close to $300 per share, that was needing a correction anyway I think... bad combination
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
July 15th, 2026 at 5:57:04 AM
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Quote: odiousgambitIBM forward guidance was the problem
plus price was getting close to $300 per share, that was needing a correction anyway I think... bad combination
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To me, ‘needing a correction’ is like saying ‘banker is due to hit’. The day before this tank 1/2 the investors believed the price was too low, and half believed it was too high. The half that believed it was too low didn’t think it ‘needed a correction’.
The $300 you cite is just an arbitrary number which is wholly dependent on how many shares of IBM are out there. It’s a tad less than a billion. If it was 1.9 billion IBM would have been around $140. Would you say it was near $140 and needed a correction?
I stand by my initial assertion that company values WILDLY fluctuating because a revenue report, still quite profitable, but missed ‘expectations’ (of a generally useless predictor), makes little sense.
I know very little about what IBM actually DOES! Even less about how they make those $billions. So I have no accurate way to assess the future outlook. So, as per my usual, I’m just holding. Won’t add nor subtract.
Wife has been digging deep into Snowden. This has led her to instruct me to buy BAH and EYES.
July 15th, 2026 at 7:25:02 AM
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I haven't followed IBM in years, but it seems there is a fear among big investors that the A.I. boom will seriously affect the purchases of IBM's mainframe computers. That money budgeted for A.I. will come from funds previously intended for IBM products. By coincidence, Rigetti had a nice pop yesterday. I've been buying a share a week for the last two months.
The older I get, the better I recall things that never happened
July 15th, 2026 at 7:40:22 AM
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The $300 mark was perhaps a psychological barrier, hindsight says. IBM vaulted from the doldrums it had been in for years, refusing to budge much from about $150 , so to hit 300 was something like a doubling starting from 2024 or so. Just my view on it. To show that I'm not the expert, I missed noticing the downturn that started this year in Jan, not being interested in trading it . But the psychological barrier "behavior" just preceding that as it hit a bit over 300 is interesting to observe, looking at a chart. I concede it could be nonsense
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
