About

Purpose
To share my passion for selling investing options on major ETFs to generate monthly income.

My Investing Goal
To build up a portfolio of selling options on a yearly basis with the sole purpose of providing me with a stream of passive income upon my “retirement” in 15 – 25 years.

Who Am I
A luckily married guy to an amazing woman with a nice house and everything that I need in life.

The Beginning of a Calling the Puts
I am pretty much just a regular guy who enjoys many topics including finance. However, I am most passionate about one in particular, and that is to buy and sell options on Exchange Traded Funds (ETFs).
I didn't really play too much on the stock market because for most people, stock market is more of a gambling.  In fact, I believe that it has lower odds than a game of blackjack (especially if you count cards).  However, I also believe that it's not a total gambing if you play the game right, so I read lots of books... from "the Intelligent Investor" by Benjamin Graham to "Technical Analysis of the Financial Markets" by John J. Murphy.  I also read lots of blogs and talked to many different people about the stock market in general.  During that time, I learned something about options and strategies associated with them.  After researching and building models for 4-5 months, I started buying and selling options based on the model output.  Few months after (now), I believe that I found my little market for the options.

Things That Frustrate Me
Blogs are all about displaying your opinion to the world. With that in mind, I thought I would use this medium to talk about some of my pet peeves with the investment industry. Here I go…
I "hate" brokers and investment companies who use the media and slick marketing material to attempt to convince us that we are not smart enough to invest on our own – that we are are better off to give our hard-earned money to others to manage.  It becomes pretty clear that many of "investment advisors" (not all) are salespeople and their jobs are to convince you that you don’t have the ability to take care of your own finances.  I also "hate" that those people somtimes purposely recommend products that benefit them more (i.e. more commission) than the clients they supposed to serve.  I believe that for some people who do not want to do the research themselves can be just fine if they just buy the market index such as DIA, SPY, or IWM since 90% of mutual funds and/or hedge funds didn't beat the market.  Therefore, I don't like the way mutual fund companies charge investors with high fees even though they cannot beat the performance of a stock market index.   It would be one thing if they could beat the market, but most don’t and that is unacceptable.  That's one of the reasons I asked my wife to "fire" the mutual fund salesman investment advisor when we were dating and I am still trying to convince her whole family to fire the guy.