(11-06-2019, 04:13 PM)NilesMike Wrote: I don't want to be in that business, at all.
I've been mainly staying with cash settled SPX and VIX to avoid individual name risk or assignment on some dogs.
They are nothing but trades. 2019 SIX worked well but I would have gotten bit if I went long. Wrong time of year to jump into SIX or FUN. The day will come when a put looks good.
I've been selling a ton of covered puts and it's been too easy for over a year. As long as I stick with companies I don't mind owning for years its a SWAN strategy. Just have to fight the temptation to chase anything. I'll be closing some more positions the next few days. Staying a little cashy is going to work out some month soon lol. Market is riding high on BS the financials just don't support.