SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (70407)9/27/2022 7:27:51 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97611
 
There are a lot of options available <g> but for most people the ETFs are more convenient. There are ETFs that are a little out of money, at the money, or some that write options on only half of the holdings. There are also some that write puts and others that write calls. For someone who has a day job, it is just as good to use them instead of messing around with DYI. Additionally, the ETF is disciplined and will not try to market time the index or the strikes as an individual investor would.

BTW, QYLD is not the only one. There are similar ETFs for emerging markets, foreign stocks, SPX, NDX, Silver (yes, silver too) and so on.



To: Qone0 who wrote (70407)9/27/2022 8:10:50 PM
From: edward miller1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97611
 
What I like about your comment is that it implies they are being conservative in position selection.

I am sure they have studied what went wrong with selling options in 1987 when lots of advisers as well as investors went all in without really knowing the risks. Better risk management today, I believe.