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

To: robert b furman who wrote (2383)	10/4/2022 11:15:48 AM
From: sm1th	Read Replies (1) \| Respond to of 2591

Bob, Writing Puts in a rising market is easy money. I hadn't considered that demand as insurance would improve the premiums in a falling market. I sold T a little over a year ago around $22. Despite it's high dividend it had negative total return. At 15 it should do better. Wrote Oct 15 Puts for .20, didn't do as well as you, but >1$ for 18 days is good enough.

To: robert b furman who wrote (2383)	10/11/2022 4:48:22 PM
From: sm1th	Respond to of 2591

Bob, As you pointed out, Put premiums are better than Calls in this market, on the other hand, covered calls seem like easy money. I opened these positions on various dates last week, some may look better or worse than when I wrote them. PEP Nov 175 calls $2.35 ADM Nov 92.5 calls $1.35 CVX Nov 170 calls $2.80 CAH Oct 73 calls $0.35 WBA Oct 36 calls $0.27 XOM Nov 105 calls rolled forward from Oct 105's for $1.10 Only 6 out of about 40 positions had attractive calls.