Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Anyone using covered puts
#63
(02-17-2019, 01:30 AM)crimsonghost747 Wrote: That last post was more directed at Mike's last post... I'm not a big fan of it when someone sets their minds to something and refuse to listen to facts or other opinions, simply claiming that they are right because they have decided that they are right. Reminds me of religious fanatics. Big Grin

As a pure income generating strategy, ie selling the puts and having them expire worthless, I agree it's a good strategy as long as you can pick the right timing and prices so that you don't get assigned. As I said I do those trades too once in a while. But what you have been saying all along is that your ultimate goal is to go long in stocks that you like, so I'm not too sure if this is really the best way to do that. The old wisdom says that time in the market beats timing the market.

Firstly, since this is a DGI forum I assume you are investing for income, whether for now or down the road. Correct? If incorrect you are more of a total return investor and need to be more of a stock picker than an income investor.

Selling puts is for income and/or buying stocks as they drop(ped)
Get put a stock? Keep it and collect the dividend, ride the appreciation or sell the call and hope to be called away.

The INCOME from selling puts or calls is what I'm after and 1.5% per month target does that quite nicely.
The DGI at the end needs to be an 18% return on your initial outlay to be equivalent.

Except I'm collecting it from day 1 not year 20.

Somehow, in your zeal, you missed when I posted different strokes for different folks. The opinions provided are not just for your consumption.
Reply


Messages In This Thread
Anyone using covered puts - by fenders53 - 08-31-2018, 07:42 AM
RE: Anyone using covered puts - by ChadR - 08-31-2018, 08:54 AM
RE: Anyone using covered puts - by Kerim - 08-31-2018, 09:03 AM
RE: Anyone using covered puts - by fenders53 - 08-31-2018, 09:39 AM
RE: Anyone using covered puts - by Kerim - 08-31-2018, 10:45 AM
RE: Anyone using covered puts - by fenders53 - 08-31-2018, 11:53 AM
RE: Anyone using covered puts - by NilesMike - 09-01-2018, 03:08 PM
RE: Anyone using covered puts - by fenders53 - 09-01-2018, 04:14 PM
RE: Anyone using covered puts - by NilesMike - 09-05-2018, 09:59 PM
RE: Anyone using covered puts - by fenders53 - 09-05-2018, 10:45 PM
RE: Anyone using covered puts - by NilesMike - 09-06-2018, 06:09 AM
RE: Anyone using covered puts - by fenders53 - 09-06-2018, 11:58 AM
RE: Anyone using covered puts - by fenders53 - 09-07-2018, 09:40 AM
RE: Anyone using covered puts - by fenders53 - 09-07-2018, 01:41 PM
RE: Anyone using covered puts - by NilesMike - 09-07-2018, 06:15 PM
RE: Anyone using covered puts - by fenders53 - 09-07-2018, 08:01 PM
RE: Anyone using covered puts - by fenders53 - 09-12-2018, 10:49 AM
RE: Anyone using covered puts - by fenders53 - 09-12-2018, 01:43 PM
RE: Anyone using covered puts - by NilesMike - 09-12-2018, 06:15 PM
RE: Anyone using covered puts - by fenders53 - 09-13-2018, 09:24 AM
RE: Anyone using covered puts - by fenders53 - 09-13-2018, 11:48 AM
RE: Anyone using covered puts - by NilesMike - 09-13-2018, 08:20 PM
RE: Anyone using covered puts - by fenders53 - 09-14-2018, 07:33 AM
RE: Anyone using covered puts - by fenders53 - 09-20-2018, 03:43 PM
RE: Anyone using covered puts - by fenders53 - 11-01-2018, 07:39 PM
RE: Anyone using covered puts - by Kerim - 11-30-2018, 11:26 AM
RE: Anyone using covered puts - by fenders53 - 11-30-2018, 09:29 PM
RE: Anyone using covered puts - by Kerim - 11-30-2018, 01:07 PM
RE: Anyone using covered puts - by fenders53 - 11-30-2018, 04:48 PM
RE: Anyone using covered puts - by fenders53 - 12-01-2018, 09:18 AM
RE: Anyone using covered puts - by Kerim - 11-30-2018, 01:29 PM
RE: Anyone using covered puts - by ChadR - 11-30-2018, 04:01 PM
RE: Anyone using covered puts - by Kerim - 11-30-2018, 04:41 PM
RE: Anyone using covered puts - by fenders53 - 11-30-2018, 05:07 PM
RE: Anyone using covered puts - by fenders53 - 11-30-2018, 05:08 PM
RE: Anyone using covered puts - by Kerim - 12-01-2018, 01:29 PM
RE: Anyone using covered puts - by fenders53 - 12-01-2018, 05:50 PM
RE: Anyone using covered puts - by fenders53 - 12-02-2018, 07:09 AM
RE: Anyone using covered puts - by fenders53 - 12-02-2018, 08:57 PM
RE: Anyone using covered puts - by fenders53 - 12-03-2018, 08:32 AM
RE: Anyone using covered puts - by fenders53 - 12-03-2018, 11:48 AM
RE: Anyone using covered puts - by Kerim - 12-03-2018, 10:59 AM
RE: Anyone using covered puts - by NilesMike - 12-04-2018, 11:06 PM
RE: Anyone using covered puts - by fenders53 - 12-05-2018, 01:07 AM
RE: Anyone using covered puts - by Kerim - 12-07-2018, 03:25 PM
RE: Anyone using covered puts - by ChadR - 12-07-2018, 03:32 PM
RE: Anyone using covered puts - by fenders53 - 12-07-2018, 05:17 PM
RE: Anyone using covered puts - by fenders53 - 12-26-2018, 06:09 PM
RE: Anyone using covered puts - by fenders53 - 01-01-2019, 11:47 AM
RE: Anyone using covered puts - by Kerim - 01-01-2019, 12:16 PM
RE: Anyone using covered puts - by fenders53 - 01-01-2019, 01:04 PM
RE: Anyone using covered puts - by fenders53 - 02-17-2019, 09:18 AM
RE: Anyone using covered puts - by NilesMike - 02-17-2019, 09:25 AM
RE: Anyone using covered puts - by fenders53 - 02-17-2019, 08:09 PM
RE: Anyone using covered puts - by fenders53 - 02-18-2019, 07:17 AM
RE: Anyone using covered puts - by Kerim - 02-18-2019, 05:27 PM
RE: Anyone using covered puts - by fenders53 - 02-18-2019, 07:09 PM
RE: Anyone using covered puts - by fenders53 - 02-18-2019, 07:10 PM
RE: Anyone using covered puts - by fenders53 - 02-19-2019, 08:14 AM
RE: Anyone using covered puts - by NilesMike - 02-18-2019, 06:03 PM
RE: Anyone using covered puts - by fenders53 - 02-18-2019, 07:05 PM



Users browsing this thread: 1 Guest(s)