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Re: BBANBOB post# 541020

Wednesday, 10/10/2018 2:11:39 PM

Wednesday, October 10, 2018 2:11:39 PM

Post# of 730191
BBAN.....here is my Plan A....to sell covered c alls on my Coop stock (about 45)...the money I get in the account will cover the selling of the Put options at the strike price... the covered call options will be sold well over the current market price, so as never to be exercised, but the put options will be sold near the money, so that I will be put the stock.. in this way, I will be able to accumulate stock without ever having to put my cash up .... there is NO PLAN B...I will accumulate stock as long as I live, and live off of the option premiums... when options become available, I will post a tutorial on the message board for those interested in this procedure, and the best premiums to capture... Lodas
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