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Strategies & Market Trends : Ted Warren's Investolator

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toccodolce
To: bleachbit who wrote (1696)4/13/2025 6:33:39 PM
From: robert b furman1 Recommendation   of 1791
 
hI bLEACHBIT,

i NEVER HEARD OF IT AND THANK YOU FOR LINKING IT FOR ME.

I sell my puts 6-9 months out to capture max premium.

I select a strike price such that assigned price minus put premium produces a dividend yield of at least 6% plus and often do larger contract quantities if it goes to 7% plus.

I'll then drop down one or two strike prices lower , in the hopes the lesser premium helps me pay for the higher strike price when and if assigned.

Been doing it for 8 years and assignment seems to happen when I arbitrarily pick an expiration month when a dip in the market occurs. So pure luck. But it builds premium income.

I only do this on stocks I want to own, mostly due to their dividend yield.

Thanks for thinking of me with your post.

I swear I've stumbled into what annuity sellers do?!

Bob
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