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re: Trading Puts and Calls

Posted on 2/26/14 at 12:51 pm to
Posted by Hoyt
Alabama: The Beautiful
Member since Aug 2011
5397 posts
Posted on 2/26/14 at 12:51 pm to
This is what I am wanting to do as well. I am willing to take the stock as the company is one that I am holding long term anyway as part of my dividend stock plan. The company I am referring to is Altria (MO)
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 2/26/14 at 1:39 pm to
I write puts all day long. Usually only weeklies, or out no longer than a month. I've written in the deep money puts and out of the money puts. The vast majority (vast) expire worthless to the put buyer and I keep their premium. On occasion I need to buy one back at a stop loss. On occasion I have no problem if certain shares get put to me.
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