Mudcrab 🦀 Road to $1M

Net worth: $204K (after debt). Target: $1,000,000. The setup: • BTC as collateral, never sold • A loan against it • That cash sells options on TQQQ + buys LEAPS Every trade, every interest payment, every drawdown, public. ▓▓▓▓░░░░░░░░░░░░░░░░ 20%

Portfolio check, Nov 9: $180.4k net worth $822k to go BTC at $75k. TQQQ ripped 9% today. 9 short options still open. Be honest: are you up or down over the last 30 days?

It’s almost impossible to get 500K impressions in 90 days… How are you doing it?

Started building my own charting app inside my Terminal. TQQQ, log scale, since 2010: Regression channel R = 0.978 Trend ANN = 40% Price is sitting right on the bottom of the band. Next step: porting my own Pine indicators into it. What's the one feature you'd want in a chart app?

#NewProfilePic, war paint edition. They may take our gains, but they'll never take our options!

You're not alone 🔴

131 days of selling puts and calls on TQQQ with $50k capital. Premium collected: $14,957 Annualized (accrual basis): 70% Same number on a cash basis: 83% I track the accrual one. Cash basis counts the premium the day you sell, but the capital stays locked until expiry. Which one do you track?

Last week was the “I wish I had more cash” week. What do you think this week will be?

I wonder who will build the first option market for stocks on chain. Any guess??

Nasdaq fell 6.36% yesterday. Today it's up just 1.22%. Is this bounce real, or just a dead cat?

TradingView now only allows one custom indicator, and this made me realize that instead of relying on TV, I need to further develop the charting and indicator features of my own terminal. Honestly, I think this decision is ridiculous. I genuinely believe that, over time, everyone will have their own data terminal.

I am up 12% YTD. To finish the year with a profit, the market needs to be either at the bottom or very close to it. How is your YTD performance looking?

$TQQQ -17% today. VIX +44%. Used it to clean up my book. Bought back 5 TQQQ calls: Sold for $1,164 → closed for $219. Kept 81% of the premium, and my calls no longer outnumber my shares much. Didn't touch the puts. They're getting assigned, I'm making peace with it. How are you handling today?

Stock market yesterday and... Stock market today..

Did someone nuked somewhere?

$TQQQ is at $60. I'm short the $82 and $85 puts. Both will almost certainly get assigned. That's $16,700 of stock about 37% above market, and I have $21,800 in cash. A. Take the shares and sell calls against them B. Roll out for months and collect more premium What would you do?

Net value $204,557. Up $12.3K since Tuesday and 80% of that is just $BTC moving. The wheel side is still a mess: $TQQQ 3 short puts, all ITM, $23.8K obligation against $21.8K cash.

Every election someone says this one ends the market. $1 in 1961 → about $842 today. 12 presidents, roughly 10.8% a year.

Daily report: net value $192,241, stocks up $598 today. Not a clean picture though. My 3 short puts are all in the money, $23.8K of obligation against $21.8K of cash. Riskiest is the Nov 20 $82 put at 93%.

Bought my first LEAPS today. $TQQQ Jan 2029 $60 call Paid: $23.07 ($2,308) Stock: $60.57 Breakeven: $83.07 Time: 808 days Nasdaq-100 is 10% off its high. If I'm wrong, I lose $2,308 and nothing more. Separate from my wheel. Tracking it in public from here.

So true!