In the last 2 weeks, we saw major funds pouring capital into the market leading to S&P 500 / NASDAQ 100 to all time high again Oil (refer to my previous email) reached a top of $100-120 and now coming back down Various blue chip stocks are near the bottom of the support zone ​with earnings season just around the corner (this week) We also had the classic Q1 performing poorly and had a correction early on this year.​​​​ The amount of capital pouring into the market in the last few weeks wouldn't be reversed easily. What does this mean? It means we are about to head into a multi-month bull run. So - get ready :) best of luck! If you want guidance and tips to navigate the bull run and get the most out of it, you can consider Investing Accelerator ​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In May, I’m helping 20 people build a retirement cashflow strategy using options. The 2 strategies you will learn in Investing Accelerator: 1. Long-Term Investing with Options → Find discounted blue-chip stocks → Use options to multiply your profits 2. Monthly Passive Income Strategy → Generate monthly cashflow from your portfolio by selling options → Designed to generate cashflow for retirement If you are interested in learning more advanced investing strategies, you can schedule a free strategy call here to see if you are a good fit. Schedule a free call Disclaimer: This communication is provided for educational and informational purposes only and does not constitute investment advice, a recommendation, or an offer to invest in any fund or strategy. No advisory relationship is formed by receipt of this content. Any references to strategies or markets are general in nature and do not reflect the performance of any client account or investment product.

If you're holding a stock that's underwater and want to accelerate recovery without buying more shares or taking on new downside risk, this is a strategy worth understanding. I call it the "Zero-Cost Recovery Spread" — it uses existing shares as collateral to build a ratio call spread that costs nothing to enter but dramatically compresses the time it takes to close the gap on a cost basis. Here's how the structure works using CELH (Celsius Holdings) as an example, currently sitting around $35 with a cost basis near $60 and you hold 200 shares. The setup is a 2×4 ratio spread on margin-held shares only. You buy 2 ATM calls (long position, leveraged upside) and sell 4 calls at a higher strike (between the cost basas and the current price). The 4 short calls break into two groups: 2 are covered by the 2 long calls forming a bull call spread, and 2 are covered by the 200 shares you already own acting as covered calls. Net cost: zero or a small debit. If the stock reaches the short strike by expiry, the bull call spread pays its maximum and the covered calls deliver stock gains simultaneously. The key insight is that you're not adding capital — you're deploying the shares you already own more efficiently. The downside is identical to just holding the stock. The upside is meaningfully faster recovery. A few important conditions for this to work well: the shares used as collateral must be in a margin account, you need to be able to monitor and roll the short calls if the stock approaches the cap early, and the short strike should be set below a meaningful resistance level so the probability of the stock blowing through it before expiry is low. IMPORTANT: If the price go beyond the short calls, you would not regain the cost basis! Happy to answer questions — curious if anyone else has used ratio spreads for recovery on underwater positions.