Gentleman Outlaw

📊 Make Your Own Machine Part 7: Why I Chose RUM (And What to Look for If You Pick Your Own) You’ve learned how to buy a stock. You’ve seen how covered calls generate cash. You even know what happens if your shares get called away. Now the big question is: “Why RUM?...

It’s been a full week in the RUMble Engine, and while the stock price took a dip, my confidence didn’t move an inch. Let’s break it down. 📉 RUM Dropped This Week — Good. RUM started the week up around $8.92, and slowly dropped throughout, closing Friday at...

🧯 Make Your Own Machine Part 6: What Happens If My Shares Get Called Away? So you’ve sold your first covered call. You collected a nice premium. Life is good. But then — boom 💥 — the stock price jumps and you see a notification: "Your option was exercised." Cue the...

💸 Make Your Own Machine Part 5: How Covered Calls Actually Make You Money (with Real Numbers) Now that you know what a covered call is (aka renting out your stock like a boss), it’s time to break down what this looks like in real life — and more importantly…...

💰 Make Your Own Machine Part 4: What Is a Covered Call? (Plain English Edition) Alright, now we’re getting to the good stuff. You’ve got a brokerage account. You’ve bought your first stock (maybe even RUM). You’re feeling like a grown-up investor. Now it’s time to do...

Why I’m Not Worried Even Though RUM Dropped This Week (Thanks to the Greeks) June 13th Let’s cut straight to it:RUM is down this week. The stock price slid from $8.92 to $8.65 — and if you just looked at the share price, you might think: “Uh oh — isn’t that bad?...

💸 Make Your Own Machine Part 3: How to Buy a Stock (Without Screwing It Up) So you’ve got your shiny new brokerage account (hopefully through Robinhood, because hey, free stock). Now comes the moment of truth: “How do I actually buy a stock without...

🏦 Make Your Own Machine Part 2: What’s a Brokerage (and How Do I Pick One?) Alright, so now you know what a stock is. You’re not buying magic beans — you’re buying a slice of a real business. But here’s the next question: “Where do I actually buy stocks? Can...

🔧 Make Your Own Machine: Part 1: What Even Is a Stock? Let’s start at the very beginning. You’ve heard people say “I bought some stock,” and maybe you nodded like you knew what they meant… but deep down you were thinking: "Is that like buying a piece of paper? Or...

🔥 RUMble #1: Starting the Engine Alright, let’s light this thing up. This is the first official entry in my FIRE Engine journey — where I document every trade, premium, mistake, and milestone as I try to build a passive income machine one covered call at a...