The problem is even deeper than that. I agree rookie investors don't know how to analyze a PE. Their ignorance has paid off. Funds know better, but they roll with the game and feed the MO anyway because it's been working a very long time. They know when to trim. I get "scolded" here repeatedly for keeping 80% of my port extremely sane at all times. I've left easy money on the table and this foolishness could continue for another year or more. Be as sure as you like but you are just guessing in the near term. It's exactly why all my option sells are short term.
My SPEC game wound down to zero so gradually adjusting that. Sold a few spec puts today expiring fast. It works until it doesn't and they roll easy at least once.
My SPEC game wound down to zero so gradually adjusting that. Sold a few spec puts today expiring fast. It works until it doesn't and they roll easy at least once.