Options Jerry,
You were there for me, as others were on this thread when I was first learning options. I even bought a book that put me quickly to sleep on the subject.
My first foray into options, I lost every dime. It's that easy. Calls in CPQ. Out of the money, but long term calls. Useless to buy out of the money. So I've learned so much since then. Yes, I get what you are saying. Sell naked puts, take in the cash, and walk away with a bundle.
You know me, I've got another one for you. RMBS, long term leaps. And you'll reap the rewards. Long term, in the money. Or sell puts in the money, one way or the other, you'll be owing me.
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