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You can pump money into your account on a monthly basis with the worst case scenario being you may own your favorite stocks at your dream price. The only caveat: you need to have the cash to buy the shares should you get called. I have been using this strategy with great success for over a year now. You sell puts on your favorite stock, the cash comes into your account, the option expires, you keep the cash. Worst comes to worst and the stock plunges and your called. You have to buy the stock, but at a price you are happy to buy it. Has anyone else been using this strategy? Tell me what you have been up to! What stocks have been working? |