AI Response: Rank Strategy Income Consistency Risk Overall #1 Covered Calls (30D, ~15% OTM or 63D, 10–12% OTM) High Extremely High Moderate BEST overall #2 Put Credit Spreads (21–30D, 10–12% OTM, 5% wide) Medium Very High Low BEST risk-adjusted #3 Cash-Secured Puts (30–45D, 7–10% OTM) Highest High Moderate-High Good #4 Collars (e.g., 63D 10%/10%) Low…
Category: AI
Artificial Intelligence related
AI: Best Options Strategy For SCHD
SCHD is one of my favorite ETFs. It has a nice combination of growth and dividend income. I am on a journey asking AI to tell me what is the best options strategy for instruments in my investment portfolio. Today it is going to be SCHD. I’m not going to post the long detail but…
AI: Covered Calls & Put Credit Spreads On TLT
AI continues to make me a better investor. As a follow up to a recent post about a new app for covered calls, I decided to ask AI to start validating my investment approach to many equities I am investing in. I wrote this post on AI determining what I had already thought, that covered…
New App: Optimum Covered Calls
I caught a break from work and I decided to create a new app for finding optimum covered calls. After writing this post about AI confirming my bias on covered calls on IWM, I decided I should have an app that specializes in finding covered calls for me on the equities AI says are the…
Outcome of First AI Trades
Well today’s the day for the outcome of the first AI recommended trades. The backstory is here and it achieved the desired results but to recap: For January, I bought 100 shares of IWM at $247.05 then This trade should yield either a gain of 1.39% or a loss of 0.01% (couldn’t get it to…
ETF Fight Club: SPY vs VOO
The general consensus on Reddit from many investing subreddits is to “just buy VOO” set it and forget it. I have long been troubled by that mindset but I’m a different kind of investor. To be fair though, I decided to ask AI and create this new ETF Fight Club. I asked AI to create…
Covered Call ETFs And The Pareto Distribution
I started researching and analyzing covered call ETFs to see what was new and innovative but after coming across 140 different variants of nearly the same thing I stopped. It then occurred to me to simplify my search and look at things through the lens of the Pareto Distribution. In a nutshell the Pareto principle…
AI, IWM And Options Strategies
I don’t know if AI is trying to placate me or if we think in the same way but it is satisfying that it is validating my trading strategy even though it sometimes has better ways to execute it. To that end, I’ve been investing a great deal in IWM for a while now, the…
The Cheapest & Best IT Support: AI
At the start of the year, I wrote about my New Year’s Actions because I wanted to get stuff done and I have gotten more stuff done with AI in five months than I’ve done the last 5 years. Here’s a recap. WiFi Rebuild I painstakingly rebuilt my whole WiFI network at home with the…
New Home AI Lab Up & Running
After using AI to save $1000 on a new network at home, I decided to use some of those funds to build me a home AI lab. It was a rough start which you can read about here but I now have my lab fully operational but I am still tweaking a few things. My…