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


To: robert b furman who wrote (2048)4/22/2019 1:05:41 PM
From: Thehammer  Read Replies (1) | Respond to of 2591
 
Hi Bob,

Thanks for the ideas. I am in the preliminary stages and put in some limit orders to sell off some Closed end funds. I may open the WBA position sooner rather than later. Typically though, I look more for growth than income but try to stick with dividend growers. Not looking to be assigned but to keep writing puts. Doesn't always work out that way though.

I don't think the noise has abated but will get friction from both sides of the aisle which is good for put premiums...

When you sell cash covered puts, you almost have to look at it as being in the insurance business and sometimes there are bad storms.



To: robert b furman who wrote (2048)4/22/2019 1:07:40 PM
From: sm1th  Read Replies (1) | Respond to of 2591
 
Thanks for reminding me of WBA. Held it a long time ago, but lost most in a covered call that I didn't pay enough attention to. Always thought it was too high to re-enter, but perhaps not now. Need to look closer. Perhaps May 54 Puts ~1.25