Nice. This isn't a one off strategy, it's an income strategy that can be ran on a weekly basis. Being that I am selling options instead of buying them, I am collecting the premium from folks like you that are buying them and don't really have to do much else and I make a pretty solid weekly income from it.
Now if I end up with the stock and sell covered calls, then I can make some big money on those trades while still making the premium from selling the option.
Nice. This isn't a one off strategy, it's an income strategy that can be ran on a weekly basis. Being that I am selling options instead of buying them, I am collecting the premium from folks like you that are buying them and don't really have to do much else and I make a pretty solid weekly income from it.
Now if I end up with the stock and sell covered calls, then I can make some big money on those trades while still making the premium from selling the option.