Salt Money

S&P 500 is up 11.97% over the last year - not bad. Our option selling portfolio is up 66.72% over the same time frame. What kind of return would you rather see in your portfolio? Maybe it's a good time to learn more about option selling?

@DarkMiner Any particular reason? Have you ever tried it?

@SaltMoneyOrg I don’t use portfolio margin

Covered calls getting obliterated but I love it. Long the stock, odd lots stacked, and I have all the time in the world.

@legen_eth Potential margin calls are the catch. If you learn to manage your risk well and don't draw close to the full amount, it could work. But a broker with portfolio margin would give you better capital efficiency.

Anything I should be aware of here? Or is this legit a loan for 4.25% interest? What’s the catch?

@TJTheWheelDeal 40% covered, 60% uncovered calls if my math is right. Looks pretty solid (at least for now 🙂).

$Sofi position is now full!! 100k shares at $17.55 1000 leaps at $20 strike 5000 short puts at $15 5000 short/covered calls at $25 All this stock does is make us $$$! What’s your $Sofi bag look like?

@bullish_sasha I went with rolling for most of them.

Are anyone else's covered calls getting absolutely destroyed this week? If so, should I roll or wait for a pullback?

@realEstateTrent Why do you have to be in the valley for this though? There are healthy startup scenes in many parts of the world. Berlin, Germany is one example from my home country.

I was on the phone today with a friend who’s deep in the startup scene in San Francisco. His eyes completely lit up as he was telling me about the scene there right now. “It’s AI pandemonium out here!” People are flying in from all over the world. They just want to be part of this moment. He said you walk into coffee shops or restaurants and hear every language you can imagine. Young people everywhere, all chasing the AI craze, and they’re all on Claude code all day doing crazy things. He told me the level of disruption right now feels like an absolute gold rush moment. They’re 100% convinced this is the beginning of a massive technological change that will completely change society. Apartments are hard to find. Rents are surging. People are doing whatever it takes to be there. It’s a massive gold rush and everyone wants in.

@NicholasKorom @grok what are the best options for this kind of 10% down loan?

The math that changed my tax situation: • $600K household income • 37% tax bracket • Annual tax bill: ~$180K to IRS • Buy a $950K Airbnb with 10% down ($95K) • Cost segregation study: $280K bonus depreciation • Add post-close expenses: +$70K offset • Total offset: $350K • Tax savings at 37%: ~$130K But here's where it gets better: • Property cash flows $3-5K/month • You own an appreciating asset • Equity builds every month • In 3-5 years, refi and pull $150-200K tax-free • Use that to fund your next deal So now you're: • Saving $100K+ on taxes every year • Building a real estate portfolio • Creating passive income streams • Accelerating retirement by 10-15 years No stock picking. No crypto gambling. No hoping for a promotion. Just math. This is the game.

@NicholasKorom Seems to require active participation and at least 100 hours spent though?

@hxxntrr @grok do any of these banks allow balance transfers or do expiring 0% balances always have to be paid off with cashflow and put via purchases on new cards (paying the cash advance fees seems to be an option)?

Your 720 credit score is worth $250,000 not joking btw Not in some "good credit unlocks opportunity" way Literally. Right now. Chase, Amex, and US Bank will approve you for $250,000 in 0% business credit this week if you apply in the right order Most people with a 720 score are using it to get a slightly better rate on a car loan The people who understand what a 720 score actually unlocks are using it to fund entire businesses on bank money at zero interest Here's the exact value of your score in dollars: Below 680: $30K-$80K available. Limited banks. Shorter 0% windows 680-720: $80K-$150K available. Most major banks approve. Full 12-15 month windows 720-760: $150K-$250K available. Every bank approves. Maximum limits. Longest windows 760+: $250K-$400K+. Banks compete for you. Limits get disgusting The difference between a 680 and a 760 isn't "better credit" It's $170,000 in additional available capital at 0% interest Most people treat their credit score like a report card. Something to feel good or bad about. Something that determines whether they get approved for a personal card with a $5K limit The people running real businesses treat it like a borrowing capacity number. A specific dollar amount sitting at specific banks waiting for a specific sequence of applications Here's what $250K at 0% actually means in practice: You borrow $250K from Chase, Amex, and US Bank. Zero interest for 15 months. You deploy it into your business. At month 10 you apply for a new round of 0% cards at different banks. Use the new cards to pay off the old ones. 0% window resets for another 12-15 months People have been running this cycle for 5 years without paying a cent of interest The total cost of accessing $250K in perpetual capital: roughly $6,000-$7,500 per year in processing fees to convert credit lines to cash Compare that to: SBA loan at 8% on $250K: $20,000/year in interest MCA at 60% effective APR on $250K: $150,000/year in fees VC funding at 15% equity on $250K exit at $5M: $750,000 in equity given away Your 720 score is worth $250,000 in capital at a cost of $6,000/year The bank designed the product this way on purpose. They're betting you'll forget to cycle before the 0% expires and start paying 24% APR forever. That's their entire business model on these cards Most people do forget. You won't because you'll have a spreadsheet tracking every expiration date 12 months out The application sequence that gets you to $250K: Week 1: Amex first. Always. If you have any existing Amex card they don't hard pull existing cardholders. Apply for Amex Blue Business Plus and Amex Blue Business Cash simultaneously. Zero new inquiries if you're an existing cardholder. Expected: $50K-$100K Week 2: Chase. They pull Experian in most states. Your Experian is clean because Amex didn't touch it. Apply for Chase Ink Business Unlimited and Chase Ink Business Cash. Expected: $50K-$75K Week 3: US Bank, Wells Fargo, PNC. Each pulls a different bureau. Each sees a clean file. Expected: $30K-$75K Total: $150K-$250K in 3 weeks. All at 0% for 12-18 months. None of it reporting to your personal credit bureau Your 720 score has been sitting there the whole time You just didn't know what it was worth (We build the full stack. Bureau mapping, bank sequencing, application timing, everything. 700+ score required. Average deployment $175K. Link in bio)

@amitisinvesting Are you sure about the 15% Anthropic stake? I asked Claude about this today and it estimated the stake around 7.4%. Google's is supposedly around 14%, but it did not know/tell how much each of these participated in the last round.

$AMZN Amazon $250 has to feel amazing for so many of us…I think like 80% of FinX is long this name and I can’t imagine anyone being a bagholder on it anymore 😆 - AWS accelerating for the first time since 2022 - 15% Anthropic Stake - $20B TTM chip business - Robotics will eventually inflect operating margins - Has been trading at the lowest EV/EBITDA in history over the past few months Also…it’s freaking AMAZON !!!! Finally nice to see the market once again reward earnings growth and hopefully they crush Q1 and make the path to $300 this year 🙌 $AMZN +4%

@UnotheInvestor You got it, except for robotaxies, semis, and robots maybe.

$TSLA is trading at 324x earnings right now. Not 30x like $AAPL. Not 20x like $GOOGL. 324x. And for that premium you get: Missed deliveries, 50,000 unsold cars. Europe down 49%. Revenue shrinking. Down 22% YTD while the market hits all time highs. You’re not investing. You’re donating. What am I missing?

@GrindeOptions Good point. Or maybe we should just start building them in space (hopefully the next starship launch does not result in an explosion).

Should companies be allowed to buy thousands of acres of pristine land in the U.S. solely for data centers? 👀 I think we need to be having those conversations. If it involves tearing down forests, grasslands and other natural habitats I don’t think it’s a good idea. I do think that land that’s been underutilized and already has been used previously should be the correct locations.

@TJTheWheelDeal Good way too look at it. Capital supply and risk management become the main constraints maybe, instead of a good product and customer acquisition.

Selling options is one of the few businesses that can have positive cash flow on day one. You can also lose your shirt. You have no shortage of customers though. You open a business and you’re all excited and then struggle to find clients. That doesn’t happen with selling options. It’s all on you. Such a beautiful business with huge potential (to both sides)

@Ze1ooooo Congrats. Mine crossed back above 500k today as well.

April 14th 🔥🔥🔥

-$525 in realized P/L from options and stocks over the last two weeks $57,328 in premium collected from options Sold a decent amount of LEAP puts which helped with the premium. Also got assigned on a $DUOL put with a $280 strike (trading around $91 today). Planning to sell covered calls on those below the cost basis once we get a decent recovery. Overall market recovery / stabilization is beginning to look healthy. If it can hold through this week, it would be another good sign.

@GrindeOptions Sold some puts on $TSLL expiring Apr 17.

There is no reason why $TSLA should be selling off right now.

@TJTheWheelDeal I think $HOOD is riskier at that price. It used to be my second largest position before its price got cut in half. So I would choose $NVDA here for the sake of balanced portfolio risk.

Would you rather? $NVDA short puts at $150 Or $HOOD short puts at $50 73 DTE

@pepemoonboy Is that the average rent for a home or an apartment? To make this fair you should probably exclude apartment rentals.

I ran the numbers on renting and investing the difference vs. buying a home... The results are shocking. The setup: - Median U.S. home sale price: $398,000 (NAR, 2026) - Average U.S. rent: $2,000/mo (Zillow, 2026) - Mortgage rate: 6.51% (30yr fixed, 10% down) All in monthly cost of owning that home: - P&I: $2,266 - Property tax: $332 - Insurance: $215 - Maintenance: $332 - PMI: $149 - Total: $3,294/mo Renting cost: - Rent: $2,000 - Renters insurance: $14 - Total: $2,014/mo The renter saves $1,280/mo. Plus the $51,740 in down payment and closing costs never leaves their pocket. All of it goes into $VOO. Using the long term S&P 500 avg return of 10% and home appreciation of 3.4%/yr (the avg since 1891): After 10 years: - Renter portfolio: $334K - Home equity (net of selling costs): $219K - Renter wins by $115K After 20 years: - Renter portfolio: $927K - Home equity: $531K - Renter wins by $397K After 30 years: - Renter portfolio: $2.41M - Home equity: $1.02M - Renter wins by $1.39M Even if you give the home 5% annual appreciation, the renter still wins at every single checkpoint. At $VOO's actual historical return of 13.99%, the renter's portfolio hits $6.38M after 30 years. The home equity is still $1.02M. The part nobody talks about: after 30 years your rent is $5,614/mo. Sounds scary. But your portfolio is generating $20K+/mo at a 10% return. You could pay that rent 3x over and never touch the principal. A home is a place to live. $VOO and the stock market is a wealth building machine. Not financial advice. There are lots of variables I may be missing. Run your own numbers.

@DarkMiner Nice! Where did you get this summary from?

Top 5 most profitable stocks to trade options on for me over the last couple years!

@insidecigz It's an app and a free course in one. 🙂

@SaltMoneyOrg Is this an app or a course?

What if learning options selling felt more like a game than a textbook? Play weekly market scenarios, make decisions, and see the outcome—without risking real money. Designed for beginners and curious investors—no experience needed. Learn cash-secured puts, covered calls, etc.