(04-27-2021, 11:11 AM)vbin Wrote: Why not buy the stock fender. It's under valued.If you are talking about BMY you missed the joke. BMY is almost a core position already. I own a lot and have sold several puts per month, month after month. It's a steady income source and I thought I would be exercised way before now. If it was a full core position, I would fell less comfortable putting myself at risk of adding 200-400 shares on top of that. I look at all trades with the mindset of "how does this end worst case".
I didn't buy any BMY calls.