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What to do with collected premium
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I’ve been wheeling for the past year or so and I’ve made some pretty decent gains. Atleast 30k so far. I have been agressively reinvest it to the stock I have been wheeling on to get more premiums and build a larger portfolio. So the other day I was thinking, what do some of y’all do with your premiums? Reinvest it to the same stock for more shares, use it to build a long term position like s&p500, VOO, etc., or for general use?

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4 months ago