From 5 Feb 17

Covered Call, Passive Income streams and need to increase productivity

Alright it’s now official. My LLC is now an entity that’s able to security trade thru Optionshouse.com. Option trading, specially selling covered calls is the 2^nd monetization technique I mentioned. I’m just peaking under the hood of the Optionshouse.com suite of tools and see some things that have significant potential. It’ll take a little bit of time to learn the platform. I was with another options trading house for my personal account and there are some differences. What I really like is that they’ve done a great job of integrating their ‘strategy lab’ on the main trading site. So I’m focused on covered calls but can just as easily switch filters to determine if there is a better (less risky, more profitable, higher probability of success, greater return) trading strategy available. There are numerous trading strategies by the way. At some point I’ll add posts covering the range of the techniques, for now accept my word that there are numerous strategies. Additionally, they’ve done some things, from a visual statistical standpoint that provide a different way to assess the viability of an trade.

Switching gears, I was very excited to see that I’ve already eclipsed last month’s earnings (yeah it happened by the 3^rd of the month) from the 1^st site. Again there’s not much income but it’s the projection and direction that suggests I’m getting more eyeballs. I’m also working the SEO with the Yoast Plugin to ensure the site is as optimized as possible. I’ll throw a shout out here, if there’s one plugin you need to get if you are going to start a site, it’s the Yoast Plugin. When I get some time I will need to work thru and really try to understand all of the information that’s on the site. For now I’m tickeled to death with the page analysis tool that helps you cover those SEO type items as you develop your page or post.

Finally, I’ve found that it is a little difficult getting all the tasks in my head or on sheets of paper done at an hour a day pace. But right now that’s all I have. My problem is that I can easily go down a rabbit trail on something, look up and my hour plus one I didn’t have are gone. So I need to focus like a laser beam on setting up task lists that keep me on track so that I get the most productivity bang for my buck. It’s funny, this part, writing up my thoughts is actually fairly easy since I am in free flow thought mode. It’s things like learning a new plugin like Tablepress that get to be frustrating. It took me two weeks to figure out a way to make it work on my 1^st site. I had not planned a two-week investment of time. Anyway you get the gist.

So one last point and this is it, I received two comments on the 2^nd site launch, I mean two comments on the content I put out. I have not responded yet, they were complimentary by the way. I noted it to say how incredibly motivating it was, to hear, from someone I’ll probably never meet, that the information I placed in the public sphere had some beneficial impact on someone else! Yes I’m looking for dollars but I’m looking for dollars thru helping (through motivation or communication of some tangible information) others achieve!