02-18-2019, 07:40 PM
(02-18-2019, 11:39 AM)DividendGarden Wrote:(02-15-2019, 12:51 PM)NilesMike Wrote: The selling of puts with strike price that YOU choose is WAY underutilized by most investors. The benefit is two fold. It makes you wait for your pre-determined price to show up and you get paid to wait.
I've never tried that, but I've always sold covered calls out of the money (free dividends!). This is a great idea and I'll really read and think about it.
Best way to find out is dip your toe in the water with a few fairly inexpensive stocks. We'd love to help.