Hi Jeff, I am new to options. If I purchased 100 shares of KDE I know that I could sell a Call on my shares. Would be able to sell a Put on the shares also, and how would that affect my position? Would I be giving someone the write to sell my shares at the strike price? If so, why not buy 100 shares and sell 100 Feb Puts at 35 for $24? I am understanding this correctly? I think that I have something wrong because it sounds Too easy. TIA bbgold :^)
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PLAN the TRADE and TRADE the PLAN!