Anyone using covered puts

[fenders53]

Good for you Crimson! It only fails you when you fall in love with option premiums and subject yourself to long position risk in a stock you don't wish to own long-term anyways. Same goes for CCs. If you don't really want to own the stock for five years then don't buy 100 shares just to sell calls or you'll find yourself in a bad spot before you know it. Been there and felt the pain. It doesn't always work out but but more often then not if you get assigned the position is oversold. Fair chance you can dump half the assigned shares if you desire. I have a few positions where that may happen if I get assigned. Mostly I stick to positions where I am good with 100 shares. I have a lot of cash to deploy so this is a special situation for me.