Reddit Posts
IBIT Update: Big money is actively adding to the July 31st 39.5C position. Tape breakdown inside.
Unusual options activity analysis: massive institutional call volume clustering in crypto surrogates
The algos are loading the boat on crypto derivatives while everyone else is crying about their worthless MU calls. IBIT July 31 $39.50s. 🚀
Anyone else ready for BTC to get exciting again?
BlackRock's covered-call Bitcoin ETF (BITA) went live today
New midweek expiration dates getting approved by regulators
DRAM Hit $10B in 30 Sessions Beating BlackRock IBIT as Micron Surged 180% This Year
14K FD | $KEEL Yolo | 4.00 Calls | 5/15 Expiration
BITU ProShares Ultra Bitcoin ETF, BITO, BITX IBIT
A fun post. on what date, did your account hit All time high? within last 6 months. what stocks dragged you down?
$COIN calls — the infrastructure play that wins regardless of which coin pumps
From staking BTC to buying options to leverage - feedbacks?!
Intangible Speculative Assets with No Earnings, Cash Flow, or Floor.
The Risks of Intangible, Speculative Assets Without Cash Flow.
Why did Bitcoin crash? (ETFs + options + global macro colliding)
Sold a 35 IBIT put yesterday for $25 (it reached over $100 by EOD), FOMO bought these after and didn’t sell. God I hate my timing. Hopefully today’s FOMO pays off.
Missed the IBIT puts, still caught the calls
Bitcoin - IBIT price ratio. (Oversold!)
Gamma Skew and the New Mon/Wed Expirations: Are we seeing a shift in Max Pain dynamics?
New short term options for Mag7 plus AVGO and IBIT will begin this Jan 26th
Reading Bitcoin sentiment from IBIT's options chain
Do you believe 2026 is a year of turning around ?
Down 5% since October what to do next
From “I finally get options” to “I donated $55k to the market” in one year
Rate my pivot: Moving from a Cash/Tech barbell to a macro-hedged setup for 2026. Does this logic hold up?
IBIT to BTC Price Calculator for BTC ETF Options Traders
This is my investment thesis for Bitcoin over the next two years, and I’d appreciate your feedback on it.
Paper handed the best pair trade (IBIT-MSTR) of my life, still +€26k
Student with 80,000 dollar buying power, what to do?
portfolio question as a new 24 year old investor
How I Went From -70% Drawdown to +77% YTD: My 4-Year Investing (Shares then +Options) Journey
Attempt at almost all weather portfolio (with ~10% leverage)
First time investing, looking to make sure im not making any obvious mistakes.
This silly bubba harambe lost 124k USD on IBIT calls, trying to chase karma on reddit.
Should I start selling IBIT stocks now or later?
Decision on moving Roth IRA from Wealthfront to Robinhood
Thoughts on IBIT, GBTC, and similar Bitcoin trackers?
IBIT 77 Call. Genuinely think this might turn into 1M
I’m regarded, went all in on IBIT deleting Robinhood app for 5 years.
21-year-old, trying to balance US exposure & risk: thoughts on this portfolio?
First time selling call options on shares I own, is it too good to be true?
If RKLB and ASTS make up ~44% of your portfolio, would you add more at current prices?
Way better and more fun for quick position analysis
ETFs Show Strongest Inflows of 2025 in July. 2025 is on track to mark a second consecutive year of $1 trillion-plus inflows.
The world is entering a liquidity-driven, AI-powered supercycle, and I intend to own the fastest horses riding the biggest narrative waves.
Mentions
signals to me that its time to scale into IBIT
I bought a bunch of IBIT near the top 1 year ago. It has been painful watching it sink while the S&P is up 25%ish since then.
So many of you regards losing money trading options, when you can just short BTC/IBIT/MSTR and chill.
I’m thinking of getting some IBIT calls. What do you guys think?
r/bitcoin (the coin and the subreddit) are pro-CSAM and one of the dev's [talked about here](https://www.reddit.com/r/bitcoinismoney/s/ArJYhnnShX) has removed a dev that's AGAINST CSAM from being able to work as a BTC Dev going forward. If you're not short BTC/ETH/MSTR/IBIT, you really hate money. https://preview.redd.it/90n1efz1bwih1.jpeg?width=120&format=pjpg&auto=webp&s=2252032019585bbc32680e30812cfe39084cbc71
50K in GLD, 25K in SPX, 40K in IBIT, 85K in AMD. All options let’s go baby
IBIT calls are free money here till like 72-75K
GLD AMD IBIT, easy money baby!
IBIT puts so cooked at least I bought dated
Corn not participating.. just corn fused.. 😆 could be the most risky asset being sold off first.. or corn just sucks ass these days.. I bought the puts IBIT for Friday.
I still have 2028 leaps on IBIT so I can sit dumb fat and happy until it doesn't move until September 2027. Then I will be crying
The only Puts I have is 1 put on IBIT (Bitcoin)
just yolo IBIT puts dated mid sept and sell at 60k
**BanBet Created** ▼ | **Record:** 5W - 0L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **IBIT** | $35.00 (below) | $36.13 | -3.1% | Aug 17, 4:36 PM |
Just bought 1 humble put on IBIT nothing crazy. Expiring June 2027 baby
**BanBet Lost** — /u/PureSpecialistROTMG (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **IBIT** ▼ | $36.16 → $33.27 | -8.0% | 3w | Lost |
I bought IBIT so I could sue somebody. Still lost money!!
What makes Bitcoin a better hedge than gold? What is bitcoins intrinsic value and use case? Dis that use case justify it's valuation and market cap? If you can answer these questions and your answer is "Bitcoin is undervalued" they by all means buy IBIT. But if you're uncertain, why put 10% of your portfolio into it? From my understanding, it's just some meme that got replaced with AI. You don't see people pushing 3d printing or nfts anymore.. Maybe put 10% into beanie babies or other old memes? Dutch tulips?
IBIT looks promising? Lol just go all in on SPY, or even better, wait until every interesting Reddit is screeching about how the sky is falling and buy SPY.
I typically close at nearly a full winner for a $0.01 or $0.02 Debit. Here is some more background and why that works for me. I’ve been trading Put Credit Spreads for over six years with excellent returns. It is slightly boring, but is low stress and provides time freedom (only trade about 15 minutes per week). Sell highly liquid underlyings (I use NDX, GLD, RUT, IBIT, SPX, USO, DIA, IYR, SMH, TLT, XBI, VIX). 15 Delta (Out of the Money with 85% Probability of Profit). Short Term (28-32 DTE) with a laddered approach so one rolls off while another is opened each week. Little Management (only close positions out at a 200% loss if needed). Typically use $5 wide, but I go to $25 wide on RUT & SPX and $100 wide on NDX.
the worse part is i gave up day trading because i cant keep track of the market that close and have a job, and i fucking sucked at it. I decided I would just buy some shit and sit on it. •So here is mostly: NLR, VRT, SPY, VXUS, IWM, •with some under 300$ plays in: IE, IBIT, Himx, sldp, nbis, sqqq. and after a year to be in the negative is great. so i sold everything except SPY, VXUS, IWM put most my money in SPY going to wait for my 6k to give me 60$ in a year and buy some shotgun rounds and repaint my ceiling fuck this bs.
I've been trading Put Credit Spreads for over six years with excellent returns. It is slightly boring, but is low stress and provides time freedom (only trade about 15 minutes per week). Here is my strategy if you would like to give it a shot. Sell highly liquid underlyings (I use NDX, GLD, RUT, IBIT, SPX, USO, DIA, IYR, SMH, TLT, XBI, VIX). 15 Delta (Out of the Money with 85% Probability of Profit). Short Term (28-32 DTE) with a laddered approach so one rolls off while another is opened each week. Little Management (only close positions out at a 200% loss if needed). Typically use $5 wide, but I go to $25 wide on RUT & SPX and $100 wide on NDX.
Lol, corn being stable during this tech dump makes me wonder to go into IBIT calls?
IBIT was the first to come to mind.
| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **IBIT** ▼ | $33.27 (below) | $36.16 | $36.30 | -8.0% | Aug 3, 2:49 AM |
Yes sir. NDX is expensive, but it's an outstanding trading vehicle. I did struggle in June because of the "end" of the Iran war, which highly affected my commodities positions. I lost several in USO (and even IBIT / GLD). TLT struggled in June also. That was very atypical though and the market has returned to normal after the unwinding of all of the war related underlyings. July has been outstanding so far. I have around an 85% win percentage going back to 2020.
I think we rebound. SPY, SCHD, and my Rivian puts are nice. My BBY leaps went up 32% so I'm only down half a percent total. My dividends pay out too. I use Agentic Robinhood so I doubt I can lose. My AMC calls up too. IBIT Calls are down but I expected that and no doubt the decline in my Coinbase position and my small $2000 stake in both Bitcoin and Ethereum (which I have yet to have checked) before I Doordash some Starbucks to take a look at Dutchbros as a Pandemic reopening play.
Wheres the kid who said everyone was laughing at my IBIT calls? (Now up 120%)
Had -12 downvotes this weekend when i said BTC to $70k and that IBIT calls are the play. Who laughing now.
Haven't seen an official notice, but exchanges do prune expirations when volume and OI concentrate elsewhere. Check the OCC or Cboe listing notices directly, as they publish changes. If a market maker or the listing exchange pulled the MWF cycle, it would show there. Odd though, given IBIT's volume.
- $700 billion market cap for a single stock, or $50 billion in assets under management for an ETF, on the last day of the prior quarter. Looks like it missed the $50B assets rule IBIT: Net Assets - 43.23B
Google "search federal register journal", and look for IBIT. This is where documents are published that describe changes approved by the SEC. For example, in the last couple weeks, the exchanges proposed increasing the number of options contracts from 250k to 1M outstanding on either side of the chain, and the SEC approved it. Changes to option expirations is also driven by the exchanges, which the SEC needs to approve prior to the new expiration calendar being published. But I'm not seeing this change.. so either I'm just not searching correctly or maybe there's a lag in the documents being published.
EFT's no better than to keep their IBIT over the weekend. DUMP IT! https://preview.redd.it/1rxyyx9baudh1.png?width=300&format=png&auto=webp&s=d2e34e26bcf009e25edc387e8df7ba442c869358
IBIT calls were the easiest buy of my life this morning lfggggg🤑🤑🤑
Picked up IBIT calls here for 7/31
# After Hours stocks to buy tomorrow * KRMN * BTSG * XLE * VLY * LUNR * ASTS * CMG * IBIT
That is my point. If you plan to recharacterize something different than what your broker reports to the IRS - it may raise a review. What I was told by my tax accountant is that the IRS probably cares but if it matches what a broker reports on the 1099 - it isn't likely an issue. I actually had a lot of straddles from IBIT in 2025 and it was a bit of a hassle because Schwab treats the options as section 1256 contracts but not the underlying. It resulted in having multiple rounds of corrected 1099's from Schwab. If you are primarily doing cc's and pmcc's - you aren't likely to run into it unless you span your positions over a tax year. And it depends what instruments you are doing that with. And you mentioned being 1 strike itm for a cc - I don't think that's deep enough to considered a non-qualified covered call if that is a concern for you. That's another one of those things where it varies by broker. OP is also asking about /ES - so it's a bit more complicated. For example - you mentioned wash sales. Your example doesn't apply to /ES because it's a section 1256 contract and it must be marked to market. So wash sales don't apply. The loss deferal rule also works differently with section 1256 contracts. Traders can also do complicated stuff like electing 475(f) for mark to market accounting. Or electing a mixed straddle account. I don't know much about mixed straddle accounting. I used to elect 475(f) to simplify this sort of tax issues - but there were other headaches and my tax accountant didn't want to deal with it, so I ended the election. Anyways - my 2 cents is that if anyone trades or invests in a way that is more than just buy and hold and uses derivatives for complex strategies - get a tax accountant that knows that stuff. I don't do my own taxes and I leave it to someone that knows more about this stuff.
STC last 25x IBIT 7/17 36c @0.48; 0.27 -> 0.48 ; 78% profit. Total; 184% profit on position overall. Total on the paired play with SPX; 67% profit.
STC last 25x IBIT 7/17 36c @0.48; 0.27 -> 0.48 ; 78% profit. Total; 100x0.27 -> 50x0.87 + 25x0.85 + 25x0.48; 27 -> 76.75; 184% profit on position overall. Total on the paired play with SPX; 100x0.27 + 4x5.3 -> 50x0.87 + 25x0.85 + 25x0.48 + 4x0.9; 48.2 -> 80.35; 67% profit.
One of the reasons why it's confusing is because normal synthetic strategies like collars would be difficualt to characterized. Even the idea of what constitutes a section 1256 contract is debatable. Some brokers like E\*Trade will report option contracts on some ETFs like SPY as section 1256 contracts. But not all brokers do that. And some brokers like Schwab take hybrid approaches and will treat option contracts on certain kinds of trusts like IBIT as section 1256. But brokers like Fidelity do not treat exchage traded funds as section 1256 contracts. And if you decide to re-characterize your option trading using something like TradeLog - you ought to keep very good notes.
https://preview.redd.it/5p5k79zvjidh1.jpeg?width=1170&format=pjpg&auto=webp&s=4037dfb80c475fb552dce62b02ff83b9291e024d Flow indeed look bullish on IBIT
yolo $35 calls on IBIT dated start of sept
Need more ETHA and IBIT pump.
\#DumpThePump (BTC/IBIT/MSTR) https://preview.redd.it/nyy1gelj4fdh1.png?width=300&format=png&auto=webp&s=7af1c3280c230aa103716e6b67b2afb31a34ba88
it appears gold trades with Semis and IBIT trades with software
STC 25x IBIT 7/17 36c @0.85; 0.27 -> 0.85 ; 215% profit. Total; 100x0.27 -> 50x0.87 + 25x0.85; 27 -> 64.75; 140% profit on position overall plus 25 runners as house money. Total on the paired play with SPX; 100x0.27 + 4x5.3 -> 50x0.87 + 25x0.85 + 4x0.9; 48.2 -> 68.35; 42% profit so far with the 25 IBIT call runners as house money.
STC 25x IBIT 7/17 36c @0.85; 0.27 -> 0.85 ; 215% profit. Total; 100x0.27 -> 50x0.87 + 25x0.85; 27 -> 64.75; 140% profit on position overall plus 25 runners as house money. Total on the paired play with SPX; 100x0.27 + 4x5.3 -> 50x0.87 + 25x0.85 + 4x0.9; 48.2 -> 68.35; 42% profit so far with the 25 IBIT call runners as house money.
STC 50x IBIT 7/17 36c @0.87; 0.27 -> 0.87; 222% profit Total; 100x0.27 -> 50x0.87; 27 -> 43.5; 61% profit on position overall plus 50 runners as house money. STC 4x SPX 7/14 7570c @0.9; 5.3 -> 0.9; 83% loss. Basically broke even on the paired play so far with the 50 runners as house money.
STC 50x IBIT 7/17 36c @0.87; 0.27 -> 0.87; 222% profit Total; 100x0.27 -> 50x0.87; 27 -> 43.5; 61% profit on position overall plus 50 runners as house money. STC 4x SPX 7/14 7570c @0.9; 5.3 -> 0.9; 83% loss. Basically broke even on the paired play so far with the 50 runners as house money.
Up 93k today off IBIT options
Holding these IBIT $36 calls until end of July🙂↔️
hey man, a few general thoughts: 1. not to rub salt in the would, but really important to point out - the scenario you didn't anticipate, is the precise risk to this trade. wheel traders often describe it as, sell csps until assigned, then sell ccs until assigned. the issue is when you're assigned on the CSPs, it can trade well below your basis. but also note, this same thing can happen to the upside when the trader is upset they collected a small credit and gave up their upside. lesson learned but important to note. as for steps forward, there are a few things that can be done. i actually trade a covered strangle as part of my core allocation - this is a cousin to the wheel. rather than csps until assigned, i buy shares and sell csps simultaneously and i sell calls at a ratio against the shares to collect credit without capping my upside. like you, i have a position in IBIT that i was assigned early on. back to you though. it typically is helpful to outline the broad decisions you have: 1. close for a loss (full or partial) 2. sell CCs at or above your basis 3. sell CCs below your basis 4. hold the position 5. unassign the position 6. a hybrid to review your scenario. 1. a partial might actually make sense here because you're clearly concerned about more downside which leads me to believe you're likely oversized and over utilized. for example, with my covered strangles, a key trick to the position is having a trade allocation and utilization. the purpose is to keep money set aside to be able to scale in as things move, this gives you the best method to manage positions and also take advantage of the recovery move. within the last 52 weeks, SLV has traded in the 30 handle. I would look at my position and consider how I would react if SLV was at $25/30. while i wouldn't be happy, am i still okay? if not, need to size down. also remember, there is an opportunity cost to capital parked in a struggling position. 2. youre priced out of this currently. 3. i agree with your assessment somewhat. depending on your comfort with derivatives, i often will sell calls against my long shares below my basis at a ratio, to keep my upside intact with the intention of rolling and scaling in on the short calls if needed for better basis adjustments. if that's not viable for you, id simply skip. 4. this is also viable provided you have a plan. hope is not a plan. youd want to clearly articulate how long you're planning to give SLV to recover and you need to be able to provide an objective bull analysis (that is NOT skewed by your current position. aka, would you enter now?) without that, youre committing the sunk cost fallacy. also, you need to have a clear cut point. IF SLV continues lower, at what point do you exit. you CANNOT allow the disposition effect to take hold (the propensity to let losing trades run and cut winners too quickly). holding is a core part of the wheel and covered strangle but it requires a plan like any other part of the trade. 5. this is another choice. on your 1100 shares, your aggregate basis is 73.27. that means the current unrealized loss is -$23,224. we can convert this to required premium, aka you'd need $23,224 credit to offset this loss. your total invested capital is $80,600 currently valued at $57,376 - this is the capital you have to work with. next is to see if/where we can find that - it normally will start around your basis then depending on how far you go out in time. the benefit to unassigning into CSPs is it allows you to manage your basis dynamically and collect a little theta. again, like the thing i cautioned you against earlier, you have to consider the the downsides to things, not just what we like (this is avoiding golidlocks analysis). the risk here is your delta. if you're holding shares, if the underlying goes up, you move dollar for dollar. with the short puts, you see less of the move and even less as it moves in your favor. that means it can take a bit longer to recover comparatively IF you get a move in your direction. this is really just a super high level overview, i dont really have the context to go deeper but in general, it seems the path forward is simple: 1. analyze the underlying and build an objective thesis 2. determine based on your current position size, where your hard stop is to the downside and respect it 3. consider trimming the position from the jump anyways 4. i would either sell CCs below basis (not this does NOT change your basis, that's a fake mental trick. your basis is whatever it is) to monetize the holding. this would be at a ratio with the plan to manage it if the underlying rallies sharply. the other i'd consider is unassigning part of the position. I personally would do a hybrid but i also wouldn't be fully invested right now, i would have capital set aside in the allocation to scale in so might not be viable. good luck man
You have $1million in your UK pension. You want 5% Bitcoin exposure. You literally cannot buy IBIT, FBTC, etc. You are simply barred from buying Bitcoin, Bitcoin ETFs / Futures, etc. But you can buy a NASDAQ software company that just so happens to hold a lot of Bitcoin. Siloed funds are in the trillions. College endowments, sovereign funds, global pensions, etc - none of them can touch BTC directly. It is this money that creates the "premium" for financial engineering a "Bitcoin yield"
BTO 100x IBIT 7/17 36c @0.27 BTO 4x SPX 7/14 7570c @5.3
BTO 100x IBIT 7/17 36c @0.27 BTO 4x SPX 7/14 7570c @5.3
If you guys aren't always $horting BTC/MSTR/IBIT, I'm not sure why you prefer being poor.
| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **IBIT** ▼ | $33.27 (below) | $36.16 | $35.28 | -8.0% | Aug 3, 2:49 AM |
**BanBet Created** ▼ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **IBIT** | $33.27 (below) | $36.16 | -8.0% | Aug 3, 2:49 AM |
Lots of shit talkers here, but it seems to be the most active sub. Anyone buying bitcoin or IBIT if it goes a bit lower? (That's a pun). If it drops under 60k I think I might go all in
Get them $horts on BTC/IBIT/MSTR, bois! https://preview.redd.it/0d4uxrc2vjch1.png?width=132&format=png&auto=webp&s=281d8859e16a6bb42382faa716a80e1f859df6b1
IBIT is my favorite intraday thing to trade. It’s been a slow climb into a fast drop since October, but I have the feeling that’s going to reverse soon.. idk
Corn 🌽 moving ⬆️ 🆙👀 This is huge for my IBIT calls
Poots on IBIT/MSTR/BTC
Short IBIT/MSTR/BTC into close...go go go https://preview.redd.it/nqr1pbahc8ch1.png?width=300&format=png&auto=webp&s=1bed0766e8b91acccfcb83a3be0c66b9a86381d5
hmm I might go in on IBIT right now.
I still think goofy 🌽 is going to have a bear market rally in July. Probably after the next 🌮 I added a bunch of cheap ass IBIT 7/31 $40 calls for 0.12c today.
If you're not shorting MSTR/IBIT/BTC, I'm not sure why you hate money. SO. MUCH. L$0WER. https://preview.redd.it/b01mffjiv1ch1.png?width=457&format=png&auto=webp&s=266ff28e81aad99076b7e57c5fa604eeffc506af
Made a 500% gain on IBIT puts. But that still wasn't enough to make up for losses in the past week. My typical problem is making gains on open, and then overtrading during the day to give up those gains and further losses.
IBIT, GOOG, and RBLX calls baby.. bye bye chip rally..
Corn not being $65k right now is not good for my IBIT calls. Of course, had I bought puts, it would be over $65k.
I don’t understand the souls brave enough to hold MSTR or STRC instead of just buying bitcoin or IBIT outright 🙂
I like how IBIT and ETHA pumped today.
after hours volume is saying buy calls on CMCSA IBIT ETHA PFE ONDS thank me later
I told you clowns 🌽 was going to have a bear market rally in July. COIN and IBIT and other proxies have all been printing while you keep chasing boomer memory companies. Dump the 🌽 proxies by mid July and enjoy free money.
Now think of the people who bought IBIT/MSTR/ETH to do the same https://preview.redd.it/4dtz5exsrmbh1.jpeg?width=32&format=pjpg&auto=webp&s=3375faf6720eb60b09b2377c9debd09ce495157e
Today, someone could buy IBIT, or I think there’s another one with a lower e/r.
IBIT long, on the news of corn market being able to absorb mstr sales and stay well above the long term support around 58k.
VOO, QQQM, and SGOV… last holding is 5% IBIT. I’m boring
Truly. Either way, Puts on IBIT lol
I told you clowns 🌽 was headed for a bear market rally in July. Same with IGV. Long calls IBIT COIN MSTR BMNR. And then get tf out by July 17
Well played, IBIT. Well played.
I'm starting to get a little concerned for my 1DTE IBIT puts. Need corn to drill asap. Thank you for your matter to this attention.
Stupid bitcoin pump yesterday made me close my IBIT puts now I’m watching it dump. I’m such a cuck
How is the entire world not buying puts on IBIT right now? I don't get it.
Because I have puts on IBIT
The trade is buy IBIT puts. The institutional money behind bitcoin is propping it greater than it's true value. Plus the etfs in people's 401ks they don't pay attention to. But they're dumping that shit. Buy IBIT puts. There is nothing sustaining it. Also, the tobacco manufacturer Altria is typically a steady and high dividend stock. They got a boost last week because the FDA has proposed a rule that foreign tobacco companies must follow the same standards as American ones (boosting Altria). I don't know what's actually going to happen but I'm opening Iron condors on Altria tomorrow if the price remains elevated.
!banbet IBIT -10% 4w
I bought $IBIT expecting it to double or more when the 'crypto president' was elected. NOPE! Crypto president fail.
IBIT I wish I sold last year....
I been shorting that thing every time it pops with IBIT puts and it’s been working beautifully
no, just buy BITS if you want to yolo into bitcoin. or calls on IBIT. early july might be a good time to yolo and exit end of july - mid august after about a 20 percent pump.
At least you are buying blue chip calls. I have IBIT calls I bought when Bitcoin was 90k. 💎🤲
I buy VOO 50% (core engine) QQQM 20% (growth tilt) 10% SCHD (income + stability), 10% VXUS (world diversity), 5% IBIT (Bitcoin, speculative, and 5% SGOV (dry powder to use when markets crash). This portfolio touches a little bit of everything and still focuses on growth.