05-04-2020, 06:34 PM
(05-04-2020, 04:11 PM)Otter Wrote: I have to say, I'm finding the idea of selling puts until I get assigned into a position I want very attractive. How far out are the expiries on the puts you guys typically sell? For example, was looking at the 08/21/20 option chain on KO (a little over a quarter away). Could sell a $40 Put and collect probably $155 or so in premiums, which is almost a year's dividend on the underlying position.
I usually am 35-45 day out but there is absolutely nothing wrong with your choice. It is well reasoned and meets YOUR goals, which is all that really matters.
Good luck