Replies to post #405 on The Options Box (OBOX)

[Poet]

I'm building a position in Pfizer, which is, IMO, the best pharma out there. I'm reinvesting the dividends. GE doesn't have divvies, does it?

Smooch!

[Bird of Prey]

>>It's not the kind of thing where you can retire off the premiums


Maybe, maybe not.

If all you got was a 2% premium each month and spent it instend of reinvesting the income you'd have a 24% annual return. Beats the heck out out of CD's! Even at 1%/Month you'd sttil be ahead of the historical market average.

Anyway, keep up the good work!



The Bird of Prey