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lodas

04/01/22 6:25 PM

#683818 RE: ItsMyOption #683809

IMO.....yea, I sell puts too, but long term expiration to get the most money, then buy the stock at a low price......so, I works like this :... big falloff in coop stock price, then put options get real good premium, then use the money to buy cheap stock... then when price goes up, covered call options bring in good premium, and then use the premium to offset the price of the stock you bought cheap... so, it then becomes money in motion, and taking advantage in the stock price swings....works for me.... Lodas