In This Issue: What Financial Crisis?, Market Report, Finviz/Sector Analysis, Hot Trades XLE Cash Secured Put $178 Profit! 💸, Best Comic Collectibles, Investing Trifecta, Podcast, Earnings 🔥
I sell puts only on companies I either own or don't mind owning so it's good either way. You'll collect 100% of the premium 100% of the time...lol...but yes, I know what you mean assuming you're closing the transaction before expiration (I do the same).
Thanks! I once saw a really nice car with "Cash Secured Puts" on the license plate :) Not risk free though, but when implied volatility is high and I have a 75% chance or more of collecting at least 50% of the premium, I'm happy :)
I sell puts only on companies I either own or don't mind owning so it's good either way. You'll collect 100% of the premium 100% of the time...lol...but yes, I know what you mean assuming you're closing the transaction before expiration (I do the same).
I love selling cash secured puts...one of my favorite strategies.
Thanks! I once saw a really nice car with "Cash Secured Puts" on the license plate :) Not risk free though, but when implied volatility is high and I have a 75% chance or more of collecting at least 50% of the premium, I'm happy :)