Well first of all I am a Baptist. I'll pray for you to get some put selling wisdom soon. 
Never mind, I need to save my stock market prayers for for MO and KHC lol.
I am headed to work in a few minutes, but I'll hit you with a few comments to consider.
Mike is a good guy though he may have come off a little short with you. We have had very good luck with our strat, especially recently. He doesn't do the same as I do, but we share some basic rules.
I appreciate your input. I'll PM you a bit of personal info so your future comments with be based on some context. But I think you get the picture I am not trying to invest $20K here. I recently got full control of my retirement accounts and am trying to invest into core positions. This ain't easy because valuations are just too high, even after DEC as many of them quality stocks did not properly correct. I strongly prefer most of my positions be in the green just a few years from now. I'm not 30 anymore.
I started trying to re-invest all this in SEP. The timing was bad, a half dozen of my core blue chip long positions got a real beating. The income from selling a lot of puts made it all better quick. Yes the market bounce helped for sure. Everything I have touched lately turned into gold. A couple call sales were my only cause for concern but I dodged that for now by rolling them forward a month. My call selling strategy needs to be more tempered. My put selling makes a bad month very tolerable and that is much of my attraction to the method. It may sound like I am being aggressive, when being a little conservative in my re-investment plan is the real goal. I tell myself that if I was gambling, then 40-60% of my port wouldn't be cashy at any given moment. Deep down I expect the big bear market and I plan to be ready for it.
Never mind, I need to save my stock market prayers for for MO and KHC lol. I am headed to work in a few minutes, but I'll hit you with a few comments to consider.
Mike is a good guy though he may have come off a little short with you. We have had very good luck with our strat, especially recently. He doesn't do the same as I do, but we share some basic rules.
I appreciate your input. I'll PM you a bit of personal info so your future comments with be based on some context. But I think you get the picture I am not trying to invest $20K here. I recently got full control of my retirement accounts and am trying to invest into core positions. This ain't easy because valuations are just too high, even after DEC as many of them quality stocks did not properly correct. I strongly prefer most of my positions be in the green just a few years from now. I'm not 30 anymore.
I started trying to re-invest all this in SEP. The timing was bad, a half dozen of my core blue chip long positions got a real beating. The income from selling a lot of puts made it all better quick. Yes the market bounce helped for sure. Everything I have touched lately turned into gold. A couple call sales were my only cause for concern but I dodged that for now by rolling them forward a month. My call selling strategy needs to be more tempered. My put selling makes a bad month very tolerable and that is much of my attraction to the method. It may sound like I am being aggressive, when being a little conservative in my re-investment plan is the real goal. I tell myself that if I was gambling, then 40-60% of my port wouldn't be cashy at any given moment. Deep down I expect the big bear market and I plan to be ready for it.