Peloton is highlighted as an "awful company" and a poor choice for selling put options due to its consistent downtrend.
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How I Pick Stocks to Sell Puts for $8,000/Month in Passive Income
The creator outlines a strategy for selling put options, emphasizing the importance of liking the underlying stock before considering the premium. He uses Nvidia, Amazon, Mara, and Peloton as examples to illustrate his four-step stock selection process, highlighting how different themes (like crypto, AI, or memory stocks) have driven performance in recent years and cautioning against hype stocks.
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Tickers discussed in this post
Coinbase is still considered very bullish due to its strong brand reputation in crypto, despite a tough year.
Micron Technology is mentioned as a memory stock that has performed well recently.
SanDisk is mentioned as a memory stock that has performed well recently.
The creator expresses a strong dislike for Mara, despite its past performance during the crypto boom, and uses it as a cautionary example.
Amazon is used as an example, having performed well during the 2020 lockdowns due to increased online ordering.
Nvidia is mentioned as a stock that has performed well due to the AI chip theme in 2023-2024, and is used as an example for stock selection.