TRADER DOSSIER: Papa G / "The 10-Minute Trader"

WhoJames A. Gaudino Sr. ("Papa G"), YouTube @jamesagaudinosr.4327. Age 60–61, retired, ~30 years investing; trading is his income ("it pays my bills… this is my retirement")
Shows"Dividend Stock Talk" + "The10MinuteTrader is live!", same strategy, same host. Live Sun–Thu 8:00 PM Eastern, simulcast on 13 platforms; ~2,000 videos, all teaching one system
Tagline"Simple, safe, predictable, consistent 1% per week", a strategy he says he built for his 9-year-old daughter
MonetizationPaid live trading group (morning sessions), Patreon (patreon.com/dividendstocktalk), Kindle books, one-on-one classes
Sources for this dossier1,656+ stream/video transcripts pulled (of ~1,768; the rest lacked captions), plus his site and platforms
Last updated2026-08-17
Not financial advice. This reconstructs what one public trader says he does, from his own on-air words. He runs paid offerings that reward looking successful, and no figure is audited. Verify everything before risking capital.

πŸ“‘ Contents

#SectionWhat's in it
1🎯 The Strategy in Plain EnglishWhat he actually does, in three paragraphs
2⚑ The Trading PlanMaster table, then P1–P9: instrument, selection, entry, sizing, management, defense, risk, worked example, scenarios
3πŸ“– Deep DiveD1–D8: the five rules verbatim, mental models, the 1%/week math, dividend capture, CSPs, refusals, and the option math that forces sub-basis strikes
4πŸ” AuditStrengths, concerns, what to consider, bottom line
5πŸ““ EvidenceHis real holdings with drawdowns, the dated stream position log, the 09-03 stream where he stated +35% and -40% for the same year (E1d), the $15,000 Target loss, confirmed trades, platforms
6🧾 Sourcing & MethodCoverage, confidence tags, gaps

Confidence tags: 🟒 = him, solo, on his own stream (nearly everything, he has no panel format) Β· πŸ”΄ = unverified claim.


🎯 The Strategy in Plain English

Papa G runs the simplest system of the three in this project: buy-write covered calls on blue-chip dividend stocks, every Monday, every week. He screens for companies with 20+ years of consecutive dividend increases (Dividend Aristocrats and Kings territory), buys 100-share lots at Monday's open, and immediately sells that Friday's call, usually at or just above his purchase price, collecting at least 1% of the position per week. If the stock gets called away Friday, that's a win; restart Monday. If not, sell another call next Monday. "Round and round you go, it's kind of like Monopoly."

His entire risk philosophy fits in one rule: never sell the stock at a loss. A falling position is treated like a rental property, "do you sell the house at a loss, or do you let the people renting it stay there and continue to pay you rent? Stop looking at the prices." He keeps writing weekly calls all the way down, pushing strikes further out of the money (and, in practice, below his own cost basis) to keep the rent coming.

He refuses complexity on principle: no Greeks, no spreads, no monthlies, no charts beyond a five-point eyeball scan. That makes the system genuinely executable by a beginner, and it also means the system has no real defense except patience. The Evidence section shows both sides: a live book full of positions down 20–34% still "hitting 1% a week," and one $15,000 realized loss where the method's blind spot cashed itself in.


⚑ THE TRADING PLAN

The plan at a glance: master table

Plan elementPapa G's rule
InstrumentStocks + weekly covered calls only (buy-write). No spreads, no monthlies, no LEAPS, no Greeks
Direction / biasLong only, on dividend growers
Typical holdOption: Monday β†’ Friday. Shares: "till death do you part" (his words), i.e. indefinitely
Entry day / timeMonday, at the market open, orders prepped the night before or that morning ("I want to get in, be done, and go about my day")
Order mechanicsBuy shares at open (market order, "regardless of what it opens at") β†’ immediately sell the weekly call. Rate of return computed on a calculator before every trade, incl. commissions
Strike / expiry selectionNearest Friday weekly; strike at/just above purchase price when healthy, pushed OTM (even below basis) as the stock falls
Target returnβ‰₯1% of capital per week (~50%/yr simple, "compounded it's 64%"); floor ~0.5%/week
Position sizing~98% invested at all times; deploy down the day's ranked list "until I run out of money"; ~6 positions at a time observed
Max risk per tradeNone. No stop-losses of any kind. One cap: $50,000 max averaged into a falling name
LeverageNone disclosed; strategy is IRA-compatible ("you can do covered calls in an IRA")
Profit-takingNone mid-week. Friday afternoon is the only decision point, premium is "already locked in" the moment the call is sold
Loss handlingNever sell the stock at a loss. Hold, keep writing weekly calls, average down share-for-share (up to the $50k cap)
When he refusesNo weekly options Β· dividend not consistently rising Β· at its yearly high Β· falling knife Β· yield too thin for the price (~1%/quarter floor) Β· no earnings-season exceptions mentioned
PlatformRetail brokers (Schwab shown, ex-TD; Robinhood/thinkorswim referenced for viewers)
Verified track record?No. The 1%/week and 97% dividend-capture claims are self-reported; one $12–15k loss and several drawdowns confirmed on-air

P1. Instrument & market

100-share lots of large, boring, weekly-optionable dividend payers, household names (Cisco, McDonald's, GM, IBM, Aflac, Walmart, AIG, Macy's, Kohl's…). The weekly option chain is a hard requirement (P2), which quietly biases the universe toward more liquid/volatile names than "boring dividend stock" suggests (see Audit).

SELECTP2. Selection: which stocks qualify

The screen, in his order:

  1. Dividend-streak membership 🟒, the objective core: "Nothing but pre-qualified dividend stocks. Any company that has 20 years or more of increased dividends. The Dividend Kings, 50 years. The Dividend Aristocrats." Elsewhere: "Dividend kings, dividend aristocrats, dividend champions, dividend contenders, anything on Warren Buffett's list." These are standard, independently maintained lists, a checkable bar, not a vibe.
  2. Rising-dividend proxy for profitability 🟒: "If the dividends are consistently increasing, that means they're consistently profitable. If the dividends are going down, they're losing money. It's actually that simple." (He explicitly does not read filings: "I don't read the quarterly reports… don't pay attention to the earnings.")
  3. Weekly options must exist 🟒: "They're consistently profitable and they have weekly options. That's the only two criteria."
  4. Yield sanity floor 🟒, the real reason he skips expensive stocks: a $438 stock paying $2/quarter (0.46%) got "What the hell are you thinking?… A $400 stock should have a $4 dividend every 90 days." β‰ˆ1%/quarter expectation. The "I don't do stocks over $400" line is a fast pre-filter for this, not a price rule per se.
  5. The 2–4 second chart scan 🟒, five things on a 1-year chart: "High. Low. Where was it a year ago. Where is it now. What is the motion, where's the money flowing?" Wants it bouncing off the bottom, not still falling ("you cannot get any lower than the low of the year"), not at the high ("I've never heard anybody say Dell is at the high of the year, let's buy it"). A 30-day version of the same scan is used interchangeably; entry timing refinement: two days up off the bottom, jump in on day three.
  6. The gut gate 🟒, asked every single time: "Do I like ADM? Do I want to hold it for a long period of time? Because you just might have to." ("Long term for me is 30 days. I'm already retired.")

Why active weekly income at all 🟒: "Why dividend stocks over bonds? I haven't seen a single bond that offers over 40%." On SCHD/JEPQ: "The returns aren't as great as 1% a week… what is SCHD offering, 3-point-something? Nothing wrong with that if that's what you're looking for."

ENTERP3. Entry: Monday at the open, buy-write, calculator out

PORTFOLIOP4. Position sizing & capital

P5. Managing the week: there is no managing the week

His single most distinctive rule: nothing happens between Monday and Friday.

🟒 "The only thing I really care about is the time decay from Monday to Friday. If on Friday the option is worthless or has value, we won't know that until Friday afternoon, and Friday afternoon is when we look at the numbers to see what we do next, because I can't figure out what we're going to do on Friday until Friday gets here."

DEFENDP6. Defending a falling position

The stock drops; he keeps the rent coming by walking the strike out:

🟒 "At the money it's $1.02, over 4%. One strike out is 75’, 3%. Three strikes out is 54’, 2%. Five strikes out is 29’, still 1%." And on a $30 stock: "Three strikes out I'm still picking up half a percent. Half a percent every single week is still 26% per year. Not my goal, but still."

DEFENDP7. Risk controls, leverage & buying power

Essentially: there aren't any. No stops ("never sell at a loss… if you're thinking of selling at a loss, you didn't pay attention to rule number one"), no drawdown limit, no diversification cap, no hedges, no margin/leverage discussed, the $50k averaging cap as the lone number. The system's real risk controls are upstream, the quality screen (P2) and the refusal to buy falling knives or highs. IRA-compatible by design. Strike sizing on weak stocks is judged by average daily range ("the average movement per day was only like a dollar or a buck fifty"), the exact method that failed in the Target loss.

P8. Worked example: one healthy week, start to finish

Monday 9:30: his JWN (Nordstrom) walkthrough 🟒. Stock at $21.40–21.47. Do I like Nordstrom? Yes β†’ buy 100 shares at the open. Sell this Friday's $21.50 call for $0.27, over 1% banked at fill. The stock's quarterly dividend is $0.19; the weekly premium beats it: "premium higher than the dividend, that's like getting four dividends in one week."

P9. Scenario quick-reference

If this happens……he does this
Stock screens well MondayBuy at open, sell Friday's call at/above cost, β‰₯1%
Call collapses to a penny midweekNothing. Friday is the only decision point
Stock drops to break-even ThursdayNothing. "No."
Called away FridayWin, back to cash, rescan
Not called awaySell next Monday's call
Stock down 10–30%Hold; walk strikes out (even below basis); maybe average down share-for-share up to $50k
Stock at yearly high / falling knife / no weeklies / thin yieldSkip
Assigned earlyBonus, "you made money, good for you"
Ex-date within ~10 days on a liked nameConsider the dividend-capture side-play (D4)
Asked to close early to redeployRefuses, premium is "already locked in"

πŸ“– DEEP DIVE

D1. The five rules: his fixed script, verbatim

Recited near-identically at the top of every stream 🟒 (that repetition is why it's trustworthy as his real system):

"Rule number one: never buy anything you do not want to hold on to long term, love, honor, obey, till death do you part. Think of your stocks the same way.

Rule two: never sell at a loss. It defeats the purpose of the game.

Rule three: make sure the company's consistently profitable.

Rule four: weekly options only.

Rule five: make sure all the numbers are working in your favor."

He self-references: "There's over 2,000 videos on YouTube, all saying the exact same thing." Rules 1 and 2 are explicitly linked: "If you paid attention to rule number one, rule number two should never be an issue."

D2. Mental models

D3. The 1%-a-week claim, in full

D4. The dividend-capture side-system ("Dividends on Steroids" / "Double Dividends")

A separate play, also published as Kindle books under the same names 🟒:

ENTERD5. Cash-secured puts: trades them, won't teach them, and they're "the same thing"

D6. What he refuses to use, and why

🟒 "The Greeks, alpha, beta, vega, theta, rho, I don't even bother with them. There's a time and place for everything under heaven. For covered calls, the Greeks got nothing to do with it. Is that the 30-day high? Yes or no. Where's the 30-day bottom? The Greeks have nothing to do with that." Also refused on-air: day trading, penny stocks ("tried them many years ago, just didn't work"), buying options ("80% of all options expire worthless"), betting downside on no-dividend names (GME: "no dividends, that's a no"), iron condors/credit spread lessons ("I could, but I'm not going to"), politics and religion. On 401(k)s: "unless you're getting matching funds, I wouldn't do it" (a 100% match = "that's 100% return").

D7. Color: the person behind it

Retired at ~60 after a long run ("I stumbled onto…", varied careers incl. a pet-products business: "I could make $20–30,000 with a phone call"); teaches from six screens; moderators run his chat; blunt with viewers ("Well, then you deserve to lose, brother", to someone who'd never checked the Commitment of Traders report before trading commodities); his self-described best trade was a fat-finger: "I was looking to buy United Airlines, UAL, I hit the wrong one and bought U. Two days later she shot through the roof. Thanks for that mistake."


ENTERD8. The option math that corners him (why sub-basis strikes are inevitable)

My analysis (Black-Scholes), not his, added because it explains the single most important weakness in this system better than any quote does.

The question it answers: why doesn't he just sell the weekly call at his cost basis on a fallen stock, so assignment can never lock in a loss?

Because that call is worth zero. Worked example, stock bought at $135 now trading at $100 (his Target situation), selling the $135 "breakeven" call:

DTEIV 25%IV 35%IV 45%
7 (his weekly)$0.00$0.00$0.00
30$0.00$0.51$5.46
90$4.69$39$117
365$218$524$884

A strike 35% out of the money has no value at 7 days. No bid, no fill, ever. What a 7-day call actually pays on that $100 stock (IV 35%):

Strike% OTMPremium/contract% of the $135 basis
$1000%$1971.46%
$1022%$1140.84%
$1055%$420.31%
$11010%$50.04%
$135 (basis)35%$00%

The corner: his rule 4 (weekly options only) + his 1%/week target force the strike to within ~1-2% of the current price. On any position down more than a few percent, that strike is below his cost basis by construction. The sub-basis writing documented in Evidence E1 is not sloppiness, it is the only way to keep the weekly 1% coming on a fallen stock. The alternatives are: accept ~0.5% (his stated floor, 3 strikes out), sit out entirely (the defense he names after Target but doesn't practice), or abandon weeklies for 6-12 month calls at basis, which pay real money ($180-$520 in the example) but violate rule 4 and cap recovery for a year.

This tradeoff is the entire engineering problem of his system. An automated version of this strategy and the design options around this exact corner are worked through in HANDOFF_IBKR_COVERED_CALL_BOT.md in this folder.


πŸ” AUDIT: an independent read

Mine, not his.

What's genuinely good

StrengthWhy it holds up
Capped, covered risk per structureEvery call is backed by owned shares. No naked exposure, no leverage, IRA-safe
Genuinely executable by a beginner5 rules, a 5-point eyeball scan, one calculator formula. Nothing else in this project is this teachable
Objective, verifiable stock screenDividend Kings/Aristocrats membership is a real external list, not a vibe
Consistent to the point of being scriptedThe same rules verbatim across years of streams, a real fixed system
Sane rejection filtersNo falling knives, no fresh highs, no thin yields, no lottery names
Monday-open disciplineThe 20%-per-day theta argument is correct for weeklies, and the routine removes timing decisions
On-air candor about lossesWalked the $15k Target loss through in full, numbers included, more than most sellers of courses ever do

What concerns me

RiskThe problem
🚨 Writes calls BELOW cost basis on losersConfirmed on β‰₯4 simultaneous positions (Evidence). Assignment on any locks in a double-digit loss; "never sell at a loss" survives only if every future roll succeeds. He doesn't flag it as a risk
🚨 The failure mode already cashed in: βˆ’$15,000 realizedTarget: calls sold 5 strikes OTM on a beaten-down stock; a 3Γ— range week forced a $15k buy-back vs a $25k assignment. He then names the correct defense ("take the money out of rotation and wait"), and keeps running the opposite setup
🚨 "Never sell at a loss" is vocabulary, not risk controlDrawdowns of 20–34% sit unmarked in the book. Same self-deception class as TJ's roll-till-right, but TJ at least calls his underwater campaigns underwater
⚠️ The 1% is computed on original basis, not current valueFlatters the headline exactly on the worst positions (βˆ’34% HOG still "makes 1%")
⚠️ Capital sits idle after mid-week decayRefusing to close a near-worthless call leaves collateral dead until Friday, a quantifiable efficiency gap vs PPD-style management
$50k cap is inconsistently appliedHTZ ~$87k and IONQ ~$94k at cost both exceed it. Either it's new, only counts post-drop additions, or isn't enforced. Unresolved
No stops, no drawdown limit, no diversification cap"Deploy until I run out of money" at 98% invested, ~6 positions. Nothing prevents one name (or one correlated bear market) from dominating
Dividend trend is a lagging proxyCompanies raise dividends right up until they cut them. It's a heuristic, not due diligence, and he skips filings entirely
Weekly-chain requirement biases the universeNot every Aristocrat has liquid weeklies paying 1%, the yield chase pulls toward Hertz/IONQ-grade names that contradict the "safe boring dividend stock" brand (his own book proves it)
1%/week β‰ˆ 52–64%/yr, asserted nightly, never auditedHe pre-empts the objection rather than answering it; the strategy's public math also ignores assignment losses and dead capital
Paid group + 13-platform funnelRewarded for looking successful; the deep mechanics (CSPs) are explicitly paywalled

Before copying any of it

  1. Decide your sub-basis rule first. His system has no answer for "the strike that pays 1% is below what I paid" except hope-and-roll. Fix: only write at/above basis (accept skipped weeks), or pre-accept assignment losses as a cost of rent.
  2. Replace "never sell at a loss" with an actual number, a max drawdown or thesis-break trigger. A rule about vocabulary is not a plan.
  3. Beware the weekly-yield filter. If a "safe dividend stock" pays 1%+ per week, the market is pricing real risk, his Hertz/IONQ/SMR book is the receipt.
  4. His Monday/theta/calculator discipline is worth stealing wholesale. So is the Aristocrats screen.
  5. Mind the dead-capital cost if you scale: a penny call on Tuesday is freed collateral everywhere except in this system.

Bottom line

The most teachable and structurally safest per-trade system of the three, covered, unlevered, screened against a real quality list, executed on a fixed weekly ritual. And the weakest loss-handling of the three: losses aren't managed, they're renamed. Borrow the screen, the Monday ritual, and the calculator habit; bring your own rules for what happens when the stock is 30% below your basis and the only strike that pays sits below what you paid.


πŸ““ EVIDENCE & POSITION RECORD

E1. His real book: read on-air, position by position 🟒

Aired 2026-03-31 (053Ovur8Mc4); the HOG row is from a 2025-05-12 stream (0ideVKo3ErA) and may no longer be held. Live mark-to-market of this exact book: see the Forward Tracker, which as of 2026-08-14 shows it net negative ~$40k vs his bases, led by HTZ collapsing to ~$2.24 (βˆ’56% below his $5.11 basis) since the walkthrough.

TickerSharesCost basisDrawdownThat week's callPremium
(unnamed)1,700$22.01-18 strike @ $0.20$340
KSS (Kohl's)4,000$15.67βˆ’20%13 strike @ $0.16$640
HTZ (Hertz)17,000$5.11βˆ’11.9%4.50 strike @ $0.16$2,700 (part earmarked for the coming roll)
SMR2,600$13.12βˆ’21.6%11 strike @ $0.16$416
IONQ2,500$37.67βˆ’29.7%28 strike @ $0.47$1,175
HOG (Harley)2,200$35.62 (Oct)βˆ’34% ($23.62)24 strike @ $0.35-

Rough capital in these six alone: $400k+ (HTZ β‰ˆ $87k, IONQ β‰ˆ $94k, HOG β‰ˆ $78k, KSS β‰ˆ $63k, SMR β‰ˆ $34k).

The strike column vs the basis column is the whole story: every loser is being written below cost, assignment would realize βˆ’$2.67/sh (KSS), βˆ’$9.67 (IONQ), βˆ’$11.62 (HOG), βˆ’$0.61 (HTZ). He narrates it without alarm ("which is less than what I paid for it") and leans on the roll ("if it gets close, I'll push it out until next week"). The 1% he reports on these is against original basis (P6).

E1c. Position log from dated stream transcripts (2026-05-19 β†’ 09-10)

78 dated streams in the original window were scanned, plus 14 more through 2026-08-29 and 8 more (4 sessions, simulcast in pairs) through 2026-09-11 (his shows simulcast in duplicate pairs; deduped). Caveat that matters: he reads viewer chat aloud, so most position statements on stream are viewers', not his. Only his own are logged as his:

His own positions confirmed in the window:

DatePositionDetail (his five-questions ritual, verbatim fragments)
2026-08-07QCOM (as heard: "Cucom") bought at $228"What did I buy? [QCOM] 228. What did I sell? I sold the 150 calls. Where is it now? It's at 160." β†’ down ~30% from basis, writing calls at 150, $78 below what he paid, the E1 pattern live and current
2026-07-30PEP bought at $143"I bought Pepsi at 143. What did I sell? I sold the 143 call option. Where is it? 143.12." Textbook at-the-money buy-write
2026-07-30NTR (Nutrien)"What did I buy? Nutrien. What did I sell? I sold the 71 call option. Where is it right now? 71.1."
2026-08-26KSS (Kohl's), "I think I bought 5,000 shares"Stream zFLRIwuyCn4 (08-27 "Dividend Stock Talk"), walking a Kohl's weekly buy-write at $18.24 selling the $18 call for a ~4% one-week return: "And yes, we did buy some of this. I bought I think I bought 5,000 shares yesterday, but got a nice fat premium on it." Clearly his own money, but hedged ("I think") and with no basis given for the new lot. ⚠️ Not added to his share count in the tracker: the structure is the same at-the-money buy-write as PEP and NTR, normally called away the same week, and folding it into the 4,000-share position at his $15.67 basis would invent a cost basis and overstate the dollar impact.
2026-09-01KSS assigned: the 08-26 buy-write was called awayStreams q7sGZnvk3PM / nV0CivGkHww (same session, two uploads): "I did buy me some Kohl's and someone took them away from me. Isn't that a bummer? I'm not unhappy about it... Well, I jumped in at 18 and I sold the 18s. It's one of those few companies I keep jumping in, jumping out, jump in, jump out." This is the 08-26 at-the-money buy-write being assigned, exactly as the note on the row above predicted, and it retroactively vindicates leaving those ~5,000 shares out of the tracker. ⚠️ What it does NOT settle: he never says whether the original 4,000-share lot from the 03-31 book is still there. KSS is left open at 4,000 in the tracker rather than guessing; calling it an exit would invent a trade.
2026-09-03SMR still heldStream oE4OzUKl0HA. A caller said he was running the strategy on SMR, and Papa G answered "Now I actually have some SMR" before walking a 950 covered call for the following week. First person, his own book, and the first SMR confirmation since 03-31.
2026-08-31QCOM, hedged loss admissionStream hXKdmAIGcjw: "I think I lost some money on QCOM last week. Got away from me." No amount, no share count, and in the same stream he pitches a fresh QCOM covered call as trade number one of the evening. Logged as an admitted loss statement; it changes nothing in the ledger.
2026-08-14AT&T walkthroughTeaching example at $24.60 (100 sh β‰ˆ $2,460, sell the weekly), not confirmed as his money
2026-09-09LRCX (Lam Research) bought at $393 πŸ†•Stream xi_EXftHKBw (uploaded 09-10; the content is the Sep 9 session, confirmed by the prices he reads out, LRCX $315.84 and ORCL $161–163, which are the 09-09 closes to the cent). Unambiguously his: "I own LRCX at 393. 393. That's the purchase price that I bought it at", and again through the ritual, "What did I buy? LRCX 393. What did I sell? Well, this week I sold the 3 340s." He states the loss himself: "I'm at 393. The stock is currently at 313. So I am $80 down. That's more than 20%." Selling 3 covered calls at the $340 strike, $53 below his basis, for about $4.10 a share, while saying "I refuse, literally refuse to sell it for less than 393." ⚠️ Share count not reliable: he hedges it himself, "What do I have like 500 shares? 500 shares times three"; the only hard number is the 3 contracts, implying β‰₯300 shares, so the tracker leaves shares null.
2026-09-10NFLX (Netflix) held at $82, since ~February πŸ†•Stream bMYYzfoBBRY (uploaded 09-11; content is the Sep 10 session, he says the stock "dropped again today" and NFLX closed $76.01 on 09-10 against $76.03 on 09-09). "Now I'm in it, 82. And we dropped again today. Damn it. Well, I'm okay with it... I'm in at 82 and I bought this back in February. So I've been trading Netflix every single week since February. I average anywhere between a half a percent to one and a half percent every single week." His longest-running disclosed position by his own account, and about 7% underwater against the $82 basis at the 09-11 close of $77.40. ⚠️ Unverified claim in the same breath: "And I still collect the dividends." Netflix does not pay a dividend. Recorded as said, not endorsed. Share count never stated.
2026-09-09 / 09-10ORCL (Oracle) held, basis never stated, short the $145 calls πŸ†•Streams xi_EXftHKBw and bMYYzfoBBRY. "Oracle. I've been waiting for Oracle... I wanted it to go down because I sold the 145s this week. It's at 152, but I sold the 145, which means I got to buy it back... I've had this for a while. It went up, it went down, and when it came down, I sold a strike price below my cost basis, which puts me at risk if the stock kept going up... I'm in at the 145s. Well, I'm in for more than that, but I sold the 145, so I have to buy that 145 back this week, and I kind of don't want to pay for it... I want this baby to keep coming down." ⚠️ Not priceable: "more than" $145 fixes a floor with no upper bound, so there is no ref price and no dollar impact; it sits in the tracker's not-priceable list until he states a number. This is the D8 corner in its purest form on tape: short calls in the money, basis above the strike, and he is openly rooting for his own holding to fall so he does not have to pay to close.

Viewer positions he coached in the window (excluded from his book, shown because his answers reveal the method): Bobby's 8,000 AMD @ $239; Antworld down 5% on NKE from $44.94 "been selling the 45s" (told, in effect, to keep collecting).

Read against the Forward Tracker: the fresh QCOM-at-160-vs-228 admission (08-07) plus the E1 book (03-31) means at least five sub-basis call-writing positions across five months, this is standing practice, not a one-off. The September streams add three more to that count in two sessions. LRCX (basis $393, writing the $340s) and ORCL (basis above $145, writing the $145s and short them in the money) are both the same structure, and on ORCL he narrates the trap out loud: "I sold a strike price below my cost basis, which puts me at risk if the stock kept going up." That is seven sub-basis positions across six months, and it is now the majority of his disclosed book.

βž• What the September batch does and does not give us. Three names he had never disclosed before (LRCX, NFLX, ORCL) is the largest single addition since the 03-31 walkthrough, and LRCX and NFLX both arrive with a stated cost basis, so they are trackable from day one. But none of it is a full-book walkthrough: these are individual names he happened to pull up while answering questions. His book still cannot be diffed for exits, and it still takes a second complete walkthrough to change that. Every one of the three was checked against the viewer-chat caveat before logging; each is first person, inside his own five-questions ritual.

E1d. 2026-09-03: he stated two incompatible year-to-date results in one stream 🟒

Both statements are first person about his own accounts, in the same session (uploaded twice as oE4OzUKl0HA and COh5DNOJvBQ), roughly eighteen minutes of transcript apart. He never reconciles them and no one on the stream asks.

Early, opening the show:

"I am technically 29% above my projected goal. Cool beans. I'm pretty sure I'm at 35. Okay, I'm at 35% for the year in one of my accounts and another account is up like 60-something percent. It's crazy."

Later, mid-answer about crash risk:

"My account right now is down about 40% from the beginning of the year. Even though I consistently make over 1% every week. I think this week it was 4%. Crazy, 4% this week. But my total account from the beginning of the year is down 40%. But I still making my 1% over 1% per week. That works for me."

He also says, in the same stream, "remember I said my account is six figures."

⚠️ This is the first account-level drawdown he has ever stated on the record, and it sits inside the same hour as a +35% and a +60% claim. Three readings are possible and he gives no way to choose between them: (a) different accounts, the winners quoted first and the aggregate quoted later; (b) "up 35% for the year" means his weekly-premium tally while "down 40%" means net liquidity, which is precisely the gap the 1%-a-week claim depends on people not noticing (see D3); (c) one of the numbers is wrong.

Why (b) is the one to watch. It is the whole D8 problem stated by him, out loud: you can bank over 1% a week in premium every week and still be down 40% on the account, because the premium is small and the underlying losses are not. His own words, "I consistently make over 1% every week... but my total account from the beginning of the year is down 40%," are the clearest confirmation in this dossier that the two figures measure different things and that only one of them is the return.

No dollar figures, no account names, no reconciliation offered. Logged verbatim; nothing here is a published number, so nothing is priced off it.


E2. πŸ”΄ The $15,000 realized loss: Target (TGT)

"Oh my God, you really want me to relive that over again." 🟒, told in full with numbers. The retelling aired 2024-03-23 (04E-qvHakH0), so the loss itself dates to early 2024 or before, well before the current book:

EVIDENCEE3. Other confirmed trades & records

SourceRecord
c8edL08-s2cTwo-week campaign: 50/52.5 call spread +$1,100–1,200, then sold the 53 call +$2,100
8kzmZxhN3kQAFL: sold 50 contracts @ $1.08 (84.50 strike) β‰ˆ $4,000, "kind of makes up for the loss we took last week" (second, unquantified loss admission)
3oZxNw1yoIYClosed Walmart 50 contracts @ $0.01 and AIG 50 @ $0.02 near the close; week +$2,300
9fY9lbaOvTE5,000 shares bought ~$27; weekly premium $3,600 (prior week ~$2,500)
1JjPMP8UELU5,000 sh @ $32, stock ~$51; CC made $2,100; skipped selling at $53 because the call was on
B7oWDE2yL18500 sh @ $14.69, sold 14.50s @ $0.41 (walkaway $14.91); separate $20/$1.77 pick = 8.7% week
053Ovur8Mc4Weekly income across the four wounded positions: $340 + $640 + $2,700 + $416 + $1,175 β‰ˆ $5,271 in one week
-11-UbM_fE4Macy's: 2,500 sh @ $19.88, sold the 20s, "my big winner for the year"; AEO 1.6% + dividend the next Thursday
Commodities"I lost my ass on commodities in the past", undated, unquantified

Not yet found: any account-level P&L curve, audited weekly-return history, or a matched entry→exit ledger. His nightly "top 5" recap videos (CLS 4.2% · CAS 1.9% · EOG 1.5% · RILY 4.3% · HTZ 6.8% format) are candidate lists, not fills.

E4. Platforms & footprint (no X/Twitter found)

Instagram @the_10_minute_trader Β· TikTok @dividendstocktalk Β· Patreon (patreon.com/dividendstocktalk) Β· Apple Podcasts "Dividend Stock Talk" Β· site gaudinoenterprises.com (bio: "has spent years refining dividend-based trading strategies", no credentials listed) Β· LinkedIn lists him as Co-founder of The 10 Minute Trader (second co-founder unidentified) Β· Kindle books under "James A Gaudino Sr.": Dividend Kings, Trading with Dividends, Dividends On Steroids, the book titles matching his on-air strategy names corroborate a long-developed written system.


🧾 SOURCING & METHOD