05-12-2020, 12:52 PM
(05-12-2020, 11:55 AM)fenders53 Wrote: Purchased a few more shares of WELL to round it up to 200 shares, so a decent sized position for my port. Sold another O put at strike 50 that expires Friday. I have this bad feeling I am walking into a REIT trap. Just trying to get into FRT and O for now. If I am going to get stuck it might as well be something I can ride out for years. The highish premium options I am selling keep expiring worthless so in the end I should have an OK basis if this goes bad. I half expect that outcome. Hopefully it's just the weaker REITs scaring the market into too good to be true premiums.
I also added to WELL today. Don't think there will be anything wrong with senior housing long term.