Posted on 10/20/2020 2:08:47 PM PDT by Eleutheria5
;>)
Agreed.
I wish I knew how to do what you are describing. I assume you’re selling puts but how do you know which one what expiration date to choose?
The only way to make money in the market over any meaningful time is to use the gordon grown formula with dividends.
You mean, reinvesting dividends? I’m doing that too.
Selling calls two steps out of the money and at or above the purchase price of the stock, with the expiration date that gives me the largest premium. I may have to wait months, or until a slump in the market, but I also have another escape hatch in the off chance that the option gets in the money and is exercised, that I make a limited, but decent profit in that case.
Thanks for the explanation.
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