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


To: taxman who wrote (936)1/23/2000 11:21:00 PM
From: Tom K.  Respond to of 1235
 
... i think your point is that you do not have a loss because you can count the proceeds as a gain because the put you sold may go worthless? am i correct?....

Now you've got it! My strategy is to collect all these "worthless" premiums each month and lug them to my bank account. It's a difficult job, but you know the story.

Tom