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Strategies & Market Trends : Ted Warren's Investolator -- Ignore unavailable to you. Want to Upgrade?

To: bleachbit who wrote (1696)	4/13/2025 6:33:39 PM
From: robert b furman	1 Recommendation Recommended By toccodolce Respond to of 1791

hI bLEACHBIT, i NEVER HEARD OF IT AND THANK YOU FOR LINKING IT FOR ME. I sell my puts 6-9 months out to capture max premium. I select a strike price such that assigned price minus put premium produces a dividend yield of at least 6% plus and often do larger contract quantities if it goes to 7% plus. I'll then drop down one or two strike prices lower , in the hopes the lesser premium helps me pay for the higher strike price when and if assigned. Been doing it for 8 years and assignment seems to happen when I arbitrarily pick an expiration month when a dip in the market occurs. So pure luck. But it builds premium income. I only do this on stocks I want to own, mostly due to their dividend yield. Thanks for thinking of me with your post. I swear I've stumbled into what annuity sellers do?! Bob