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JLS

05/11/22 12:13 PM

#3555 RE: Zilla #3554

Works for me ...

My favorite way of making money on stocks is to buy the shares then sell weekly Covered Calls against the stock week after week.

When finally assigned -- wash, rinse, repeat. That's a steady 52 paychecks every year.

This method even compounds: once assigned, there's more cash to buy more shares and sell more CCs.

However, there's one thing I wont do, which is to chase it downward when it appears to be trending that way. I'd rather just sit on cash and wait for a bottoming pattern.