re: Pharmaceutical Stocks... are you buying?

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Do you "trade" ETFs on a daily or weekly basis? Or do you invest in them long term?

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I sell puts when they are down and try to time the expiration dates with when I think they will come back up (usually about 3-6 mo. time frame, based on charts and general sector trends). A lot expire unexercised, which is awesome. If they are exercised and I have to buy then I sell calls on them as soon as I can. No, I don't make trades every day and only have about 6 puts out right now.

If they drop too badly (like XBI and XLE) and I get stuck with them, then I hold until they come back up (usually less than a year). It's been working really well so far, but I've only been trading options about 3 years.