Option Education

[Newly2b]

I think what it comes down to is your goal. If your goal is to acquire more stock, yes, sell the ITM Put (I often sell a Put when I want to own a stock at a particular price -- if it's ITM at expiry I get put the stock, if it is OTM, I still get to keep the premium I received and can do it again until I get put the stock at my price). OTOH, if your goal is to maintain your position in a stock for the long-term while still earning some money on a non-dividend-paying stock, sell an OTM Call at a strike you can live with if it is hit.

Newly