In short, I don't gamble. I only sell cash-secured puts/ covered calls. If my position is ITM I will simply roll it over and in the end, I will still win anyway

    https://i.redd.it/j0mm5dfqcwld1.png

    Posted by borninAlphaCentauri

    21 Comments

    1. Top_Huckleberry_8225 on

      Sure, until you don’t have the volatility to roll and your covered call gets buried or the bottom falls out of the stock you’re wheeling and suddenly you’re bagholding INTC. You still participate in most of the downward activity.

    2. GetCashQuitJob on

      SPY ytd is +19%, plus dividends, plus opportunity for long term cap gains. You basically tied Bogleheads.

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