The tastylive network The LIZ and JNY Show - November 6, 2025
Nov 6, 2025
Join Jenny and Liz as they navigate travel disruptions and market dynamics live from Austin. They break down key earnings from Qualcomm and Snap, explore the wheel strategy for income generation, and manage options like a pro. Expect insights on DraftKings' latest moves, scalping mini VIX futures, and their ongoing trading strategies while responding to community tweets. Their engaging banter includes travel tales and a lighthearted touch on lunch plans, rounding out a dynamic trading discussion.
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Prepare For Backstage Work At Live Events
- Arrive early and be prepared to work behind the scenes at live events; show duties can include setup and long hours.
- Bring practical clothes and expect to follow producer directions rather than just appearing on stage.
How The Wheel Mechanically Generates Income
- The wheel strategy cycles income by selling puts, taking assignment, then selling calls until stock gets called away.
- It functions as a mechanical income and cost-basis reduction method rather than pure directional speculation.
Reduce Cost Basis By Selling Option Premium
- Use option premium from selling calls and puts to chip away at your stock cost basis until it can approach zero.
- Repeat selling income-producing options on a stock to reduce effective purchase price over many cycles.