Buy & Hold
The base layer. Accumulate QQQ shares week after week, year after year. The position is built to be owned, not traded. The shares are never given up.
A weekly covered-call framework on QQQ. Premium reinvested into more shares. The goal is share count, not share price.
"Owning a bigger piece of the pie is the most important part of total return."
The base layer. Accumulate QQQ shares week after week, year after year. The position is built to be owned, not traded. The shares are never given up.
The income engine. Sell covered calls at 0.30 delta against the QQQ position every week. Weekly expirations capture peak theta — turning shares already owned into a recurring premium stream.
The rules. Take profit when calls decay 70–80%. Roll routine ITM positions at 1 DTE for net credit. Never accept assignment — keep rolling for as long as it takes. The shares stay; the premium is the product.
The flywheel. Every dollar of premium reinvests into more QQQ shares. The deeper the drawdown, the more aggressively capital deploys. Income buys the next layer; the next layer pays more income.
QQQ tracks the Nasdaq-100 — the largest non-financial companies on the Nasdaq exchange. It's the vehicle that makes STACK work because it has three things rarely combined: a long-term growth trajectory, deep and liquid options markets, and weekly contract expirations. The result is a position you can hold for decades and write calls against every Friday.
Every trade is logged the day it happens. Wins, losses, and the boring weeks that make up most of the strategy — all of it, all timestamped.
See my live trade log →