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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?


To: David Lind who wrote (794)1/5/2000 3:43:00 PM
From: Elmer  Read Replies (1) | Respond to of 1235
 
Re: "Regarding your 35%, that is roughly my objective to establish an independent income. Are you at this full time? How long have you been consistently generating those returns?"

I started writing puts about 3 years ago but at a much lower pace. Only 1-2 positions of 10-20 contracts per month. It's just been the last 8 months or so that I have really picked up the pace. I have a day job, but finding 5-10 candidates per month doesn't take that much time. I spend spare time tracking the companies I'm interested in. I keep threatening to quit my job and put my full attention into this but I don't think it takes full time unless you're a day trader, which I'm not.

EP