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Strategies & Market Trends : Value Investing

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To: NikhilJog who wrote (48989)8/2/2012 12:08:05 PM
From: Bocor  Read Replies (1) of 78464
 
always sell puts that I can cover. There are stocks out there that become accidental high yielders based on some silly reason, or get tanked unreasonably and if I can sell puts with a good premium, I can get either the premium or the stock at a lower level and a higher yield.

Did that with WAG, got put the stock at $32, then sold on the ESRX news at $36. Still sitting on TPX Sept. 17's and October 19's.

Gives nice spending money, although most of my portfolio is in divvy growth companies that I don't touch.
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