XDTE
Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF
Mentions (24Hr)
0.00% Today
Reddit Posts
Mentions
You dont. You put a very important clause in there > Never get excised If you never get called, yeah its free money. But youre writing 20 delta calls. That means theres a 20% priced chance when written that your calls end up in the money. Even 0dte's with super low deltas can fall into this trap. Look at XDTE in april. Lost like 6% of the upside when trump announced a 90-day tarrif pause. You are guaranteed to eventually end up behind because of the very nature of options and the law of large numbers. Youll always find sub periods where you look like a genius getting free money selling options that never end up in the money, until they end up in the money.
Yep, SPYI is terrible, but you should look at something like VYM, VIG, or SCHD for a "traditional" dividend ETF, not the covered-call ETFs. These are just normal ETFs that invest in dividend-paying stocks using some criteria or another. https://totalrealreturns.com/s/VFINX,VYM,VIG,SCHD But as you can see, the max drawdowns are very similar. VYM did a poor job of recovering after the pandemic dip, but the dividend funds outperformed in 2022-2023 before the S&P 500 recovered in 2024. I would argue that these are reasonable selections, unlike the covered call ETFs (jury's still out on the approach taken by XDTE and XDTY).
Thanks for your reply. So to answer your questions: a) Definitely, want to be able to "enjoy" 80% of $2M+, vs. not enjoy $1M+. b) I can definitely use my margin for PUTS. I use IBKR for their generous margin policies and rates (transferred everything from ML and MS/e-Trade, when I decided to go Margin, and saw their rates. I'll try a few CSP's, but need to find some stocks I'm familiar with, at prices I'd be comfortable owning at the PUT strike (minus the Premium). c) As for why I'm holding onto COOP (and RKT, for now, once it converts in Q4), is not "just" to save on the tax hit, but TO MAKE MONEY. The "market" has definitely NOT priced the upside of the COOP/RKT deal in the next yr or so, especially with Rate Cuts coming, and lack of full clarity from COOP/RKT on their combined EPS/EBITDA for '26. See: [https://www.tipranks.com/stocks/rkt/forecast#](https://www.tipranks.com/stocks/rkt/forecast#) All these "respected Analysts" haven't updated their forecasts in months, and the \*current\* RKT price is literally (even with a 10% drop in the past weeks, due to some news which I don't feel justifies the drop) is above all their forecasts. MY (and other's who follow the two stocks closely) feel that the combined entity, based on current (non-rate cut) earnings is worth about $25/share, PRE-any rate cut bump in ReFi's etc. ONLY the recent BTIG Rating which I referred earlier has taken this info/number into account. $25 (expected) / $18 (current) RKT price is a \*40% bump for 2026\*, and so I'm not comfortable selling/putting it at risk for getting called, till it hits/gets close to that number (unless it's like at 20% above the current price, with a 30DTE, but I'd need to see what kind of Premium I'd get for that CC). Trust me, my objective is to MAKE MONEY, and leverage the $$ I have on Margin, which is why I setup the layered CC ETF strategy. So far, 1 month in, with about $400k borrowed/invested, post Margin (5.x%), I should be netting around $10K a month. And I'm already planning to "adjust" my layers to shift some $$ away from XDTE to the higher premium Single Stock CC ETFs (that I'm comfortable with, not the highest payers like MSTR focued ones). Would welcome your thoughts/feedback on the above, as I continue to learn how to leverage/grow my $1M+ into $2M+ (and beyond).
Tell me what those growth stocks are getting 100% annual yield. You’re out of your mind. These would have to be NVDA, CVNA, META. That’s not a system. That’s being lucky with specific picks. It’s not repeatable and it’s not recurring. Nor is your elaborate house of cards. If this was systemically possible, everyone would have bought NVDA and continue to do so forever, and the phrase “arbitrage away the edge” wouldn’t exist. There’s no alpha in winning the lottery. The reason why you don’t have the cash is clear. But you don’t need cash. You asked for an alternative. Cash is an alternative. With $1M port, you can sell CCs at low deltas and manage the minority that turn bad with disciplined BTCs. You will have incredibly low risk of shares selling, and get 3% monthly yield, equating to 42.5% annualized. Your proposal ignores they are paying you back your own money, with NAV erosion continuously. You’re looking at ~15 months before hitting break-even. You’re not netting out the cost of your interest rate, and the fact that you’re predicting a “high return” (it isn’t) from these CC yield funds. They are charging you a management fee where they are guaranteed to get paid, so they will do the CC work for you. You could cut out the middle-man, not lose management fee vig, and not suffer offsetting NAV collapse of a fund with no inherent productive value. Let’s break it down. ——- Those Roundhill / Yieldmax “yields” though, don’t account for the fact that the NAV is degrading the whole time. The share prices dropped 20.22% over its life so far and that’s only a year. These yield ETFS, they haven’t even made it to the breakeven point right? Wouldn’t that take almost 3 years? 15 months at minimum. And the whole time it’s declining from the price you paid for it at the beginning. RDTE is down -15.74% for a year (its entire life). I believe the Yieldmax ones are even worse. That’s 24% then *minus the 5% margin interest*. On $400k is net 19%; which is the same as 7.6% on the whole $1M. For layers of extra house of cards with at least 3 downsides. You’re not actively doing anything with options. Just picking a different version of throwing money at someone else and letting them figure it out. If you were active trading you could do better than 7.6% in a year (that’s like 2 months of active options sales). Making a big yield (it isn’t anyway) on $400k is not better than making an equivalent yield on the entire portfolio. The *NET* yield of those Roundhill and Yieldmax funds are 11.44%, 4.69%, and the advertised “distribution yields” of *”35%”* are only counting only *income layouts* not total net gains. MSTY brags about NAV growth, but it’s 33.98% of the underlying MSTR itself. Literally a third of your performance just holding MSTR. Read the Form 19a-1 on those Roundhill ETFs. *100%* of those distributions are Return ***of*** Capital. Not Return *on* Capital. They are literally just trickle-paying back your own money (which you don’t actually own, you’re on the hook to a lender for $400k, and you’re paying interest on that, and subject to margin call which will force liquidation of your precious growth stocks that you don’t want to risk on low delta CCs). MSTY payouts have been 60%, 86%, and 97% Return **of** Capital. They’re taking your money, living large on fees, paying you back some of your own borrowed money. You’re paying interest to your lender. I just did the actual math, not top of my head (I said 15 months above). That XDTE, if you put in $400K into it, isn’t paying you 11.4% because you’re paying interest on the $400K every month starting immediately while you’re waiting to break even from XDTE returns. You’re paying 5% interest, so 11.4% - 5% = 6.4%. You’re getting 6.4% from XDTE. (That’s about 1.5 months of option sales for me.) Your starting point is -$400K in the hole. To get back your $400K in combined share price + weekly payouts, we have to estimate how much NAV will continue to degrade, but we’ll use last year. It’s going to take you 9-10 months before you are positive 1 penny. Let’s just generously call it 9 months. Now… you can’t have the Shares cake and eat the yield too. Since you want income, you’re not compounding. So at 9 months, you have to decide if you: — Want to sell the shares and cash out, at which point you’re at exactly $0.00 / 0.00% gain from your starting position. — Leave the money in shares and wait for that income to start. Since your shares are frozen capital, we wait till **just the payouts** reach $43.80 and one penny. Since we don’t care about NAV erosion in this scenario, you’re enjoying the ~28% payout rate. So 3.5 years of weekly payouts later, you have finally turned a profit of one penny. Congratulations. Assuming XDTE still exists 3.56 years from now if the fund keeps degrading by 20% a year. Or Roundhill still exists. And this is assuming the payout rate stays as high as 28%. If the fund drops 20% for three and half years, I’d be very skeptical they can keep paying out 28%. You have to keep bringing in new suckers for a Ponzi scheme to work. These kinds of funds, the oldest granddaddies are 3 years old, Roundhills are one year old. Maybe XDTE will still exist in 3.56 years. At that time, you’ve made a penny (exciting!) and your shares are probably worth about $19.80 (but your not concerned with equity, or productivity, you just want income). ***But wait! There’s more!*** As you importantly point out, you’re cash poor. So you borrowed someone else’s $400,000 to play this game. You’re not learning to swim with dad standing still in the pool. He’s moving backward from you at 5% a year. So, to break even at 28% payouts, you’re actually getting 23% payouts. That’s 4.35 years till you make your first penny. And, you have to pay your lender that 5% (divided by 12 months naturally) every month, starting immediately, not waiting 4.35 years to begin paying the interest from your shiny new penny. At that point, 4.35 years later, your shares are now worth $14. But you don’t care about that, you’re just here for the income. I’ve changed my mind. This is a great plan. For your broker and Roundhill. Please let me know who your broker is so I can invest in them directly. And for opening my eyes to this scenario, as a gift, please DM me your PO Box and I will buy you a calculator at the dollar store and ship it to you. I’ll cover the shipping costs.
Have you consider looking into SPYI/XDTE? Especially XDTE is doing basically what you're describing but with 0DTE on the short side. So far, they don't outperform underlying. You haven't consider call assignment in your analysis.
XDTE lost a TON of NAV during the April drop, which was pretty much the worst case scenario for that kind of CC ETF, where the S&P gains 5-10% in a DAY (since their daily gains are capped to the CC $$/limit). It's since climbed back, but obviously not as much as S&P (but they've been paying steady dividends, to make up for that).
Read the entire post. I have a $1M portfolio, which is what I'd be leveraging using Margin (5.5%). I'm NOT looking to invest enough to trigger a Margin Call, unless the ENTIRE market drops 50%. And with Fed set to drop rates next month (and beyond), the Market is simply not going to TANK. Can we have a 5% pullback? YES. Another 15-20% like we had in April, HIGHLY unlikely. But that's why the high level of dividends from something like XDTE or SPYI is expected to cover the Margin cost, and that "risk".
How do you pocket % 25-30 income from CC ETFs like SPYI. SPYI has 10 % yield. XDTE have much more, but NAV?
Check out $SDTY and $XDTE, both are 0DTE covered call ETFs that runs a strategy similar to what you’re proposing.
You can get an idea from the trades of 0DTE ETFs. They publish their trades every day. For example, XDTE sold 645 Jul 16 6270 Call yesterday. SPX closed at 6263. I supposed they let the calls expire. [https://www.roundhillinvestments.com/etf/xdte/](https://www.roundhillinvestments.com/etf/xdte/)
Bro just invest it into XDTE and you’ll be getting $7000 in dividends a week lol
Thats exactly where I was at. Was down 10k and my account read 6 dollars buying power. I was so terrified of repeating that same mistake i just stopped trading options. Anyways 13 months later im in the green from all time. Ive realized good options plays simply do not happen every day. After sitting out for so long it also taught me the patience to not trip out after something on my watch list went 1000% and feel like missed the shot. I wish you luck brother and I will see you in a year. The thing that helped me the most was changing jobs to a job I really love. It really helped pass the time until I felt comfortable trading again. Also I bought a shit load of XDTE and the weekly dividends helped psychologically.
$SPYI, $QQQI, $XDTE time
Well first off, obviously it's impossible to reliably make \~$14K usd/yr on a \~$11.5K usd investment; you would need over 100% returns per year which isn't feasible without taking extreme amounts of risk Unsure on the euro market but at least in the US market, tickers like $XDTE and $QDTE pay weekly and you'd be looking at around $50usd per week of dividend income with that 11.5K investment Especially at your age this is not a great idea though, as instead of letting your investment compound, you are cashing out all of the growth. Unless you will starve on the street without this money I wouldn't focus on dividends right now
Just pay someone to do it for you and buy XDTE
2-5% per year? Or per month? If per year then just bit SGOV or BIL. They yield 4.5% risk free. If you want 2-5%+per month then buy high yield ETF from Yieldmax (e.g TSLY, MSTY) or roundhill (e.g. QDTE, XDTE). If you want 2-5% per week then go with options trading
Not a glitch. Those XDTE options have almost no liquidity and thus super wide bid/ask spreads so you'll see the market value jump around a lot...especially at market open. What made you want to purchase options on an ETF that uses 0DTE covered calls?
If you want more gains, you need more risk. People are scared of risk because they don’t actually understand it or they can’t stomach it, but at the end of the day your reward is proportional to your risk. If you like dividend payers, I would go MSTY for ultra risk and any of XDTE/QDTE/RDTE for medium risk. I bought CONY at $20 and am down heavy on it, but if you can buy in at $7 that would be a great cost basis. You should learn how these funds work if you want to buy them, though. They WILL go deep red on occasion and you need to understand how that happens ahead of time so you don’t panic.
Being early is the same as being wrong. I am all in on a CD right now, one expires in 6 months the other in 13 months (1 month already down). If the SP500 is lower then than it is now, I will all in into my stable "money storage" port (40% IVV 40% FDVV 5% IHDG 5% JBBB 10% XDTE)
If you buy 300k of XDTE and leave it there you don’t have to worry about being poor ever again.
XDTE sells diagonal calendar spreads or pmcc if you prefer. They hold deep itm calls with 3 to 9 months to expire, and sell 0dte calls against them. They don’t actually have an underlying to get called away. They are just taking the cash settlement hit on spx when they are assigned, and they are not selling puts. So it’s not exactly the same as op is proposing.
I have JEPQ, JEPI, XDTE, QDTE in a roth ira. So, with no tax considerations, does it mean there is zero advantage to me holding these? Do they fall less than than corresponding spy/qqq if the market goes down? Wondering if I shd just sell these and swap with corresponding SPY or QQQ
I reinvest MSTY and XDTE into KO and SCHD
Exactly. Anomalies are the biggest days, and thus 0dtes got paid out huge and XDTE got left behind.
I wouldn’t say they “heavily” underperform in up markets. And XDTE’s case was an anomaly. Their 0DTE’s were blown the fuck out when 🥭 announced his 90 day tariff pause out of nowhere. Before that announcement, XDTE has been smoking SPY in total returns.
Thats not how covered calls work. LETFs suffer under volatility. CC etfs will do good in a volatile sideways market because the higher IV will raise call premium, so they win as long as the underlying doesnt keep swinging high enough and hitting the strike price. Generally: Holding a covered call ETF is the same as holding the underlying, youre exposed to the downside risk. Writing calls just gives you options yield at the risk of losing out if the stock goes up past your strike price. Youre trading future potential gains for realized current gains. With implementation costs and increased skewness due to losing the right tail of the equity risk premium, covered calls will always underpeform the underlying long term. Short term, CCs outperform in down markets and constrained volatility sideways markets. Thanks to call yield (ignoring taxes) JEPI is down 6.4% and SPY is down 11.8% YTD. Another example where this can go wrong is XDTE, which is a 0dte covered call ETF. Its down worse than even SPY, because that day where tarrifs got paused and the market went up 10% in one day, XDTE only went up like 4%. Because this is a super wide swing down market, the upward spikes are lost to XDTE so it does even worse than the underlying SPY. XDTE is down 15.3% YTD vs SPY being down 11.8%. Sad!
Are you talking about XDTE which sells 0dte calls in the morning while holding LEAPS. It's a PMCC strategy using 0dtes.
Buy into high income ETFs like XDTE, YMAX, SPYI, JEPI etc and then use a portion of your distributions to buy into your 3 fund portfolio of VOO, SCHD, and SCHG. Make sure that your $130k is in a high yield savings account until you finish DCAing
Yes. 1. You need to forgive yourself. 2. Be thankful that it was your mistake and you lost your money instead of it being stolen. 3. If you own a gun, ask a family member to keep it in their safe. 4. Seek a therapist or talk it out if needed. This varies based on how you feel a week from now. 5. Get into dividend plays. XDTE , YBTC pay weekly dividends. MSTY is up to you as well as taking any of my advice.
My favorites are JEPQ which pays monthly and QDTE/XDTE/RDTE which pay weekly. Those 4 funds put together cover the overwhelming majority of my bills for me.
Watching paychecks roll in every Friday sure is fun! QDTE/RDTE/XDTE
I have been staying away from options and swing trading. Made money off RCAT, MSTR, RYCEY and ASTS and a few others. Mostly trading in my Roth IRA. I just have everything invested in XDTE now, going to let it Drip and grow for the rest of the year.
Risk varies... a lot. When it comes to options, uou may want to look into Covered call ETFs as a good example of options risk vs reward for a specific strategy. Right now the "lowest" risk ones generate 8-12% with little NAV decay. The "low" risk ones generate round 20% return. XDTE and SPYI The "medium" risk ones are around 30-40% And the "high" risk ones are 60%+ but may benefit from more actice management. Those high returns come with the risk thst the underlying tanks. You can hedge this to a degree but it's debatable. The risk comes into play if the underlying exceeds the upside cap this means it will decay the NAV on the way back down. A key thing to keep in mind with these kinds of ETFs is that entry price matters as you face the full downside risk but have a cap on how much of the upside you can get. You also want to have high confidence in the underlying going up over time. Also be sure ro look at total returns as these get regular dividend which result in the price droping over time so the charts are deceptive. https://totalrealreturns.com/ Lowest Risk examples: https://totalrealreturns.com/s/SPYI Low risk examples: https://totalrealreturns.com/s/XDTE Medium risk example: https://totalrealreturns.com/s/NFLY High risk example: https://totalrealreturns.com/s/MSTY Combined: https://totalrealreturns.com/s/SPYI,XDTE,NFLY,MSTY
They typically have very high expense ratios. XDTE is 0.95%... this gets deducted directly from your returns each year. I am in some covered call ETFs (not 0DTE) because I think they should do well in this high VIX environment, but I remain skeptical of their highish expense ratios, in the 0.5% area.
XDTE, RDTE, QDTE. Take a look
Look into some covered call funds based on the indexes like SPYI, SPYT, TSPY, XDTE, RDTE, as well as something like HIPS from Graniteshares which has a mixed bag of income products like BDCs , MLPs, CEFs, and REITs all under one name and pays like 10%. You could achieve a portfolio yield of 15-20% with a mix of these products easily and not erode your capital.
You can get about $3k/month by putting about $300k into CC etfs like JEPQ, JEPI, FEPI, SPYI, QDTE, XDTE, etc. Target about 12% average return. These do have some higher risk and volatility but they aren't as risky as the super-high yield products that lose NAV quickly. Without drip, you may need to occasionally reinvest some of the proceeds to keep up with inflation. Don't forget that you'll need to pay taxes on this income and it's often as ordinary income, not capital gains. The flaw with those products is that you lose the upside. When the underlying stock shoots up, your share price falls behind. So put the remaining $200k into broad-based etfs such as VOO, QQQ, etc on drip. It's not perfect but it'll meet your goals given your principal investment.
quick money is not easy unless you are a fking pro! XDTE would have given you good weekly dividends with minimal NAV erosion - Not an expert on investment advise
I'm gonna let this play out for a week or two. Then probably start a XDTE position.
Well. XDTE,SPYT .. buying time.
XDTE is an etf that sells 0DTE calls lol. Hella premium collected from the degens
If you put it all in XDTE and you’d get payed around $900/wk give or take….
Depends on your risk tolerance. No risk tolerance, go CLOI. Some risk tolerance, go XYLD, XDTE QYLD QDTE. And onward it goes to more risk more reward.
There's a lot more competition in the income-focused covered call space now, and they've pretty much all been outperforming JEPI [SPYI,XDTE,YMAX,VOO,JEPI Stock Chart (Dividends Reinvested, Inflation Adjusted) | Total Real Returns](https://totalrealreturns.com/s/SPYI,XDTE,YMAX,VOO,JEPI)
I'm looking to diversify and add some longterm ETFs for **dividends** to my portfolio. I was looking at putting a few thousand in SCHD, FDVV, FBTC, IBIT, XDTE, VYM, and DGRO and have a few hundred deposit into them every month recurring. Any thoughts?
Definitely can’t trust it. I asked it about XDTE and it gave some answer unrelated to the roundhill etf, when I called it out and told it that was wrong I got “oh yeah that’s my bad here’s another thing that is wrong” like five times until I told it what I was looking for and even then it continued to give me bad info
Yes I should add to my QDTE/XDTE/RDTE positions
Rebalance at set intervals. For growth: 60% SPY 20% ZROZ 10% SGOV 10% IBIT Or for income: 60% XDTE 20% ZROZ 10% SGOV 10% BITO
JEPQ, XDTE, and possibly GPIX are the best combo I've found. JEPI seemed pretty lame actually, seemed like it was almost always mildly in the red, and the dividends weren't great. GPIX seemed a bit better in that it wasn't "always" red. QDTE has awful NAV erosion. BITO has an amazingly high dividend, but huge swings. I would almost just gamble with short puts, and if you get exercised, just keep it for the next dividend.
Ive decided that every time I get an urge to buy short dated SPY calls, im going to buy a few shares of XDTE instead. Two weeks in I’ve yet to lose any money on it. It’s a weird sensation.
Probably some BBLU, SPBC, XDTE & RDTE. BBLU is a cheap blue-chip ETF with good holdings for $13.50 per share. SPBC combines 80% or so S&P500 exposure with Bitcoin (20%) in one fund. XDTE & RDTE pay weekly dividends with a relatively stable NAV that has recovered. YMAX & YMAG also pay weekly dividends that are higher than XDTE/RDTE but more riskier. If you believe the stock-market will be bullish, there are leveraged ETFs such as SSO, TQQQ or SPYU but they are more risky due to market downturn but can amplify returns during a bull market.
Ok you hit on something. [https://perfiliev.com/blog/gamma-vanna-and-charm-explained/](https://perfiliev.com/blog/gamma-vanna-and-charm-explained/) This may be related to the vanna & charm effects on market makers' inverse collar position(sell put short stock buy call) to take advantage of the skew produced by collar/protective put/covered call flows into the market. Cem Karsan popularizes this often. So I play it through 2 ways: for a deceleration→dotcom bear market situation I bought XDTE hedged by 2027 500-495 spy put spreads so that the total return would be flat if the market grinds down slowly, slightly positive if flat or up, up big if dotcom, down small if GFC. I will buy close the 495 legs and perhaps buy more puts if the continuation scenario manifests itself. for a continuation play remember the aforementioned skew? With low IV and low skew a tight call diagonal spread (I use jul675-jun670 because that was how far the dotcom bubble went in terms of forward p/e) one gets very high upside leverage if it indeed goes there. If it doesn't the loss is very limited.
It almost all depends on implied volatility. I'm a four trick pony: 1 Year IV cheap, SPY valuation not expensive & in up trend: draw a line on log chart, buy some half year otm call sell 80 day slightly even more otm call. This is probably the most useful for you but you NEED TO SIZE THE TRADES. I have a small amount of this. Front month IV high, SPY valuation not cheap: sell wide iron condor. 2 Year IV cheap & SPY valuation through the roof(which is extremely rare but we're here right now) I buy 2 year out puts at 15 times earning and buy less than notional's worth of XDTE and form a synthetic diagonal put spread, which means if the market crashes I will be net short but if it keeps grinding up I get premium+appreciation. This is currently my largest position. IV high & SPY valuation cheap(this is usually when VIX is in huge backwardation), sell cash secured puts, be lax with sizing and be ready to be exercised. And buying a put on ACHR would not have worked easily because the put premium is too high. Again, with high IV stuff don't be a net buyer of extrinsic value. For you the biggest lesson is if you want to stick to call buying, do it with low IV uptrend stocks and size your trades. Call options are meant to let you participate without risking your principal. So if you use your principal and lose all of it you can't complain.
I actually believe it's a great if not the greatest time to try to grow in the storm. Back in 1999 with similar valuations the VIX usually traded in the mid-20s despite the market grinding sideways, so no free lunch back then(aside from collars thanks to very high interest rates). But now you have a low IV, low term premium(!) and low smile(!!!). So this is a chance for "long to short", a spin on Spitznagel's idea that hedging enables more long equity exposure vs diversifying into low yielding bonds. I have mostly \~$0.7 notional with SPY 27Jan500P-495P spreads "hedged" by each $ in XDTE(if dotcom double, if GFC flat, Ken & Jane will take care of the VIX1D). Long BSM on the front month and long bimodal on the far month. Plus some SVOL for longer complacency. After this VIX "bull steepening" episode I added a bit of diagonal strangle of 2Yr475P-2Mo400P+Jul670C-Jun675C. COST 50% otm put spread cherry on top. What if this passive flow insanity continues? What if it unravels? What if it stalls? GREAT. What if the anti-proverbial escalator down happens? I'll be down 5%. Now my living cost is covered by positive theta, plus responsive delta and hundreds of Vega. Thank you to ZVOL dip buyers. Where I truly differ is I think the student loan wage garnishment/delinquency being reported to credit bureaus(anti-stimmy checks) a much higher marginal impact on velocity of money. Leftover pandemic stimuli in local govs' budgets forced them to mass hire people until they have to fire them. So I believe unemployment to eventually be the catalyst. But that's the beauty of convexity, you don't need to predict the reason for a prospective move.
I think most traders, even the most successful ones, rarely ever exit at the top/peak. So technically, even for the best of the best, they will always be trailing their paper profit performance. The simple reason is - pros don’t assume or try to predict, they observe and react. It’s a constant feedback loop. So until they see the stock moving down in a way they know it won’t come back, they’ll stay in the trade. All that to say, your $1.7M was never real. Maybe $1.5M. In any case, you should still celebrate the $270k. A profit is a profit. Put all that money into XDTE and you’ll make a cool $5500/month without ever spending the principal - which will also grow albeit at a slower pace compared to SPX/SPY.
buy and hold? none, you only make money when you sell, i started in the market at 25 and at 48 i WISH i had looked into and learned about trading options back then. don't buy anyone's bullshit course or discord, watch YouTube and learn what you can. if you want to buy and hold something, open a Roth IRA, max it out every year and split the money between solid ETFs my kids' IRAs (they're 10, 10 and 11) are in KO, QDTE and XDTE mine is in QDTE, CUBE, REXR, SCHD, SMH, SMR, VIG, VO QDTE's weekly dividend is paying my mortgage right now... if it goes belly-up i'l rebalance the IRAs, but that weekly compounding is 
You are all over the place. Buy some ETFs and chill. QQQM or SCHG for growth. SCHD or ??? for value/dividend. If you want some things that don't correlate to the stock market, add in SVOL. If you want an alternative cash sweep use CLOX. Covered call, stick to JEPQ, JEPI, and XDTE and you'll do fine. Any Bitcoin ETF is fine if you want some crypto (it will probably be gamed next year, so a reasonable bet). Don't pick stocks unless you have spent time to learn how to value them. You will get eaten alive, and you won't know why.
I have XDTE and SGOV. Get weekly exposure with XDTE that pays weekly dividends, and just opened a position in SGOV. Which gives me exposure to short term bonds and trades flat which pays about 5% in dividends/ interest. 2 pretty safe bets. Especially if your trading options on margin. Helps preserve capital. VOO and SCHD are also good choices if you want to preserve and grow over time.
25% ISPY 25% XDTE 50% SGOV Live off ~$45,000/year.
XDTE QDTE RDTE pay weekly. Jepi jepq fepi ymax pay monthly You can be a booglehead or supercharge your life with options or in this case option based ETFs. And it's not this or that you can do both. Just requires more learning.
Spxs is a decent one, YMAG, DIPS, NVDQ, CONY, NVDY, MSTY, XDTE
Put that money into XDTE and you got 40K to play with on options every week
If you want the index performance with higher potential returns look at QDTE, XDTE, and RDTE. That's what I'd invest in.
Just buy some XDTE and don't worry about it.
Rest in peace SMCI. All I have right now is: SCHB, BRRR, XDTE, RDTE, VXUS, and a few short [11/15/24 $22.00 P GME] haha im up overall for the week, only slightly thanks to rolling my GME puts around alot
Compare total return of XDTE to SPY.
There's no catch. You can't simply compare NAV performance here, you want a total return calculator which compares cap gains and all divs. JEPQ doesn't beat SPY, but tracks it reasonably well and you simply are taking in divs generated by options premium and capital appreciation what you would take in SPY in straight up cap gains. It's a new fund, but XDTE has actually outperformed SPY in total returns since inception and pays weekly, you might want to look into that as well.
If I bought XDTE today would I receive the dividend tomorrow?
I believe that is how XDTE makes money.
It's a different type of product, it's for income rather than asset growth. At least QDTE and XDTE. QDTE especially is paying a shitload in weekly dividends. Those are RoundHill tho, not Goldman. And they sell daily 0DTE covered calls. I am building positions in those two but not a large part of my portfolio.
what’s XDTE i’ve seen many posts but no explanation. its chart looks bad. Also curious why you wouldn’t take more duration risk with treasuries if you want a high probability trade.
UPRO and XDTE? Just give me your money it’ll hurt the same. Why not buy AVGV and get global value exposure if you’re so nervous about megacap valuations?
holy shit one of XDTE's top holdings is: SPX 03/21/2025 420.69 C they actually used the number 420.69 
I like my XDTE and RDTE 2:1 ratio 👍
Got: XDTE - S&P weekly paying 0DTE RDTE - Russell 2000 weekly paying 0DTE QDTE - NASDAQ weekly paying 0DTE YMAX - Yieldmax Fund of Funds EQCL (dot) TO - basically VT but with CCs and a 12% yield on cost We'll either explode with each other or do well.
Yeah literally 0 buyers. Are you selling CCs on it? I have no clue who is buying your options LOL. I do love me some XDTE though, im buying a share a week right now.
Or just buy XDTE and pay someone a bit for them to do it for ya
I got in on the theta gang. But I don't have the patience, so I did it through RDTE, XDTE, QDTE, JEPQ, and JEPI. I figured having professionals sell my calls was worth a small premium.
I am done yolo'ing puts/calls for a while. Going full port XDTE RDTE QDTE and JEPQ. If I am going to be regarded, I might as well be regarded on autopilot while I go fuck up some other part of my life.
In my Roth I have 1 share of XDTE, QDTE, and RDTE each to give me weekly dividends. Those dividends are the only thing I play with. Basically it cost me about $140 and every week I get a little less than a dollar to add to my stock picks.
Thats why I got the remindme, we will see in a month! I moved some profits right into XDTE, a newer ETF.
What would be the benchmark for option returns ? Also I mean if you don’t have time to be caught up on the market and buy a fund like QDTE or XDTE would that be easier or the loss of return is not worth it Thirdly wouldn’t the returns on these funds be realized returns where as the returns from price appreciation of the SPY be unrealized returns so would a down turn in the stock market make you lose more of your gains
If you have 66k, put 30k in QDTE/XDTE/RDTE and use the other 36k to sell far OTM credit spreads.
0DTE etf QDTE and XDTE are producing good weekly distributions. Can these perform well long term?
My XDTE payouts thank you for your service.
JEPI, QDTE, and XDTE all suck. Stay away.
Because I’ve seen the rise of new stocks like JEPI JEPQ XDTE QDTE and think it could be an option for generating income with less volatility…. Looking for opinions
MSTY, AMZY, APLY, QDTE, XDTE $2000 in each, do not reinvest the dividends. With the Dividends buy IWM, when you reach 100 shares start selling ODTE covered calls on IWM, 20-30 delta.
Using my Roth and IRA for QDTE and XDTE shares. Receiving weekly dividends totaling $1450/week.
More volatility please. Allows us to buy the dips and does wonders for my XDTE dividends.
50k QDTE, 50k XDTE, 50k MGK
If I was you, I'd just invest in something like JEPI or XDTE and then gamble a portion of the divs on black. That way, you at least still have a cushion.
I'm extremely heavy into SCHD and consumer staples for dividend growth. I'm hoping GOOGL turns into a dividend powerhouse too! But I'm also heavy into JEPQ/JEPI and now QDTE/XDTE for weekly/monthly income. I could cover all my bills with them if I wanted to but I manually reinvest for more shares each month/week and take the rest.
I used to do this poor man's covered call trade. It works. Until it does not. I find you just tie up too much capital. Personally it is not worth the effort if you ask me. Instead I just buy the ETF QDTE or XDTE. For doing daily trades to make income I prefer something like that strategy I outlined here. I get to reset every day so I do not have any long term exposure to the market. [https://www.reddit.com/r/options/comments/1f3rqwm/example\_zero\_dte\_options\_spx\_iron\_butterfly\_trade/](https://www.reddit.com/r/options/comments/1f3rqwm/example_zero_dte_options_spx_iron_butterfly_trade/)