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Strategies & Market Trends
Selling Puts: Have Cash Will Travel

An SI Board Since June 1997

Posts	SubjectMarks	Bans
1235	41	0

Emcee: Jonathan M. Lipchin	Type: Unmoderated

Introduction Compact

You can pump money into your account on a monthly basis with the worst case scenario being you may own your favorite stocks at your dream price. The only caveat: you need to have the cash to buy the shares should you get called. I have been using this strategy with great success for over a year now. You sell puts on your favorite stock, the cash comes into your account, the option expires, you keep the cash. Worst comes to worst and the stock plunges and your called. You have to buy the stock, but at a price you are happy to buy it. Has anyone else been using this strategy? Tell me what you have been up to! What stocks have been working?

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Reply	Message Preview	From	Recs	Posted
1235	Me thinks that smart money would find this thread. Fade its history as it was il	dvdw©	-	12/6/2014
1234	A lot depends on what level of activity you are allowed at Brown. Selling puts	jjs_ynot	-	7/8/2001
1233	Is there anyone still selling puts ? If so, does anyone know how the margin acc	Sam2482	-	7/7/2001
1232	certainly is the earnings. csco is still a very high PE stock. with that said,	Tim O.	-	11/1/2000
1231	Tim, I did a mix of 35's and 40's. It is the earnings uncertainty that	jjs_ynot	-	11/1/2000
1230	what strike? curious to know how much leeway you gave yourself in case earnings	Tim O.	-	11/1/2000
1229	OX, I couldn't resist. Sold a goodly quantity of OTM CSCO puts today. The p	jjs_ynot	-	11/1/2000
1228	my guess is there's a better than even chance Q will close above 80 for Oct	OX	-	10/11/2000
1227	Yeah, I can dig it. I had OCT 85s that I already rolled out to December for an	David Lind	-	10/11/2000
1226	I would be seriously under water if I had held those short QQQ's.	jjs_ynot	-	10/9/2000
1225	David, My technical indicators were giving strong sell signals. So, I didn'	jjs_ynot	-	10/8/2000
1224	Dave, Just curious as to why you took a loss - even a small one - on your QQQ N	David Lind	-	10/8/2000
1223	You may be right about the bottom. I am just having a difficult time distinguis	jjs_ynot	-	10/4/2000
1222	hi dave, I forgot about your QQQ NP's. fwiw, I think we're close to a bo	OX	-	10/4/2000
1221	OX, I covered my short QQQ puts today at a slight loss. I don't like the ma	jjs_ynot	-	10/4/2000
1220	David, et al. Another alternative to the QQQ might be the new HOLDR, Market 200	Dan Duchardt	-	9/29/2000
1219	as you probably know, it is not a secret who the 3 contenders are....this piece	garnett50	-	9/28/2000
1218	OX, I am liking QQQ better and better. I have been making as much or more mone	jjs_ynot	-	9/28/2000
1217	Great minds think alike. I have been looking at GE for some time as a balance t	David Lind	-	9/28/2000
1216	How do you think the stock will react when Jack Welch's succession is formal	jjs_ynot	-	9/28/2000
1215	here is a good alternative to the Q's----GE! Super diversified, a lot like	garnett50	-	9/28/2000
1214	OX, Thanks for the clarification on MDY. The options look fairly illiquid. Re	jjs_ynot	-	9/28/2000
1213	MDY <i>does</i> have options and I believe most (if not all) the sec	OX	-	9/27/2000
1212	nah, it's not because there were pre-existing index options (ie, DJX, SPX)..	OX	-	9/27/2000
1211	David, It might be because there were already options on the indices: quote.cb	jjs_ynot	-	9/27/2000

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