When thinking about selling a winning put, think seriously about calls.
Not just for the helluva it. Seriously. Do whatever your technical procedure is. If it does not come out for a good calls buy, think about holding the puts.
I'm going to say straight out smartone: I don't think we have many minds on the board who actually are seriously competent technically. Don't see it in the way they trade, and especially not in their explanations. Way too empty and off the subject.
Reminds me of the "spin" that make up a lot of what politicians say.
Do they really "get it" what good technical analysis is?
How many times have I posted the link to StockSchool? And volunteering guidance as to where to go in the table of contents.
How many times have you seen a reply? It's not the only place, but it's damn good for those who can (and it's free) and are willing to do the work.
I stipulate that my situation is unique. I have the time, the lifetime of living and enjoying a hard work life, the stimulation of having succeeded in four previous unrelated careers, and all along interacting with lots of pretty smart people.
It's the case that some people think I'm smart. Nope. Better than average, likely. But I get there as often as I do by doing more work. Not afraid of it. Never seriously injured by work.