02-24-2022, 10:53 AM
(02-24-2022, 10:42 AM)Mr1share Wrote:I haven't tried that. It's extremely rare that I buy an option at all. Every time I tried to short the market with puts I was either just wrong on next months market direction, or the market calmed down and theta decay made it not worth doing. Exactly why you see me selling puts constantly.(02-24-2022, 10:12 AM)fenders53 Wrote:(02-24-2022, 09:49 AM)Mr1share Wrote: Added BAC, WFC, GOOG, HD, RSG, and DDid your puts work out for you from late JAN?
Trimmed LMT, NEM and BMY
So far so good and rolled them over to April
I even started buying Married Puts to protect my buys. It's a great way to protect yourself on the downside. Anyone ever buy these? My friend told me about them recently. This way if I stock I'm bullish on for the long term and it goes down I make money waiting.