SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Selling Puts: Have Cash Will Travel

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cutthroat who wrote (896)1/23/2000 5:21:00 PM
From: Tom K.  Read Replies (1) of 1235
 
... Please be careful when you are selling puts...

Cutthroat,

Thanks for your concern. I've been in the market for a number of years and I've tried most of the basic approaches when it come to options. I've found that writing PUTs fits my need for a simple and conservative approach that is easy to repair and that provides an excellent return for my investment. My objective is for cash flow on a monthly basis and this approach is doing well for my needs in the current market.... this month's premiums will exceed $20K.

But hopefully, I'm not naive. When the market changes direction, I'll shift approaches when the short PUTs no longer work. I'm only in love with this approach while it meets my needs.

Thanks again for your concern.

Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext