You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing. --- Warren Buffett
Each month, I will post a new set of option trades that you can look to make over the next month. I will focus on:
- Selling cash-secured puts on stocks that we would like to own and are approaching support.
- Covered call writing on stocks that are rallying but hitting resistance, so we can take some profits.
- LEAPs for gaining leverage on undervalued intermediate term growth ideas.
Always use limit orders and set your GTC for a week or two. Review a few times per week. It doesn't hurt to check early each morning after looking at the stock market futures.