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Re: SFSecurity post# 43080

Friday, 07/13/2018 3:59:51 PM

Friday, July 13, 2018 3:59:51 PM

Post# of 47107
Hi SF

If you own 1000 shares worth 30,000 you can sell it and buy 10 $15 leaps for maybe $16,000 or less and have that $14,000 set aside for the next crash.

If you sell puts you need to leave the cash in your ACCOUNT anyway or pay margin interest.

I would only do the above with securities that pay low or no dividend.

Toofuzzy

Take the road less traveled. It will make all the difference.

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