Dividends , The Wheel --Cash secured Puts and Covered Call writting

[Porgie Tirebiter]

I broke a couple of my own rules when I sold them.

First was that the best case would have only given me 8% annualized return. I usually don't mess with anything less than 10%.

The second was that using the escape hatch (rolling down and out) meant that I would have to keep that money there for an indeterminant amount of time just to stay even.

So I took my lumps and bought them back. It's the beginning of earnings season and there are better places to deploy the cash.