Finally managed to activate my TD account again
previously was unable to trade
Have to call their customer service to help sort it out
The best thing about TD is that now I can do the wheel strategy
I sold Puts with strike price 36
even though it is close to the current price of 38,
I do not mind as much to hold onto the shares
as I can sell calls too
and at SP 36, it is around 30% delta
which is recommended by kelvin
as the risk reward ratio is better
I still have 2 positions in Futu account
But I will not sell them first
I will close it soon and bring the money to TD
it is disappointing that they have not yet enabled cover calls there
I will also restart the tracking of option transactions
as I feel it is now the real beginning
and tracking is important, as this TD account is also for my long term trades.
Forgot to add
the premium is $64 and expiry is on 27 Aug
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