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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Thehammer who wrote (1979)10/12/2018 2:04:21 PM
From: chris714  Read Replies (1) | Respond to of 2591
 
Yes, that is key. Since you are selling time it enables a more positive mindset and the experience that I've gained after doing multiple rolls on a few stocks tells me that reversion to the mean usually occurs and in the end I usually expire worthless after pocketing a few rounds of premium.

Had 1 bankruptcy and that of course can happen in Put sales.



To: Thehammer who wrote (1979)10/12/2018 5:57:35 PM
From: sm1th2 Recommendations

Recommended By
chris714
kimberley

  Read Replies (1) | Respond to of 2591
 
you don't seem to worry when the trade turns out against you. You need that mentality / mindset and lack of panic to do this.
Rule #1. Never write an option you aren't willing to have assigned.

Rule #2 Never write an option you aren't willing to have assigned.
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