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If it falls under $100, load up, you will never see this again.

I agree. My pension covers everything. It's basically the same. But it's not in stocks.

Emergency fund. We add to it automatically every month. Pays for a new car every 5 years, thats about it. Nice to know it's there.

1 month T-bills.

I'm buying about 20k more of O at these prices. Buying on the way down. Best dividend stock on The Street.

In this market, I don't want to add anything unless it's at my price. I have been doing weekly CSP's on HD and AAPL. I already own AAPL, and I have CSP open for $147 expiring this Friday. My HD strike is at $297. Good prices to own those two at. And good premiums also. I have a lot of cash, so...

I sell calls on AMD. Thats a great stock. But go out to a 30 Delta or less, or you will leave money on the table.

Why do you believe this? PG is a Dividend King. Ask the people who sold XOM, believing this. They just raised theirs.

Invest in what you know. Fidelity. IBD. But only the weekend version with the IBD 50. I try to have every sector covered with at least two stocks of an industry. Except Materials and Industrials, too cyclical. Tech, I have three. Holdings have to pay a dividend, and raise it yearly. Dividend...

I always have 50 or more shares that I didn't sell a call on, in case it's assigned and keeps going up. I seldom do more than 1 contract. Except on KO or VZ, that just slowly chug along. Their premiums are low, so I'll do 2 or 3 contacts to make it worth my while. SO is also good for a couple...

Kinda get it, but I'll stick to selling calls on the stocks I own. I just do it far enough out, 30-45 days, that they won't get assigned. And if any did, I would just buy it back. Only happened once.

You can always buy the stock back, right?

.30 Delta is a ballpark figure. On my keeper stocks, IBM, MMM, JNJ, KMB and a few others, I go lower. I don't do LEAPS, but are they the same as a Roll? 21 DTE is about average for me also. A book I have recommends 30-45.

1. Around a 30 Delta. No more than 45 days out. Only OTM. 2. I don't pay attention to that. 3. Expire. Or close if it's close to my strike if it's a couple days from expiry. Thats if it's a stock that I keep forever. A "trade" sell, I don't care if it's assigned. 4. No.

Yup. We did it. I already raised them. Doesn't need to cost me money just to be close. They can Facetime.

Nope.

How do you write covered calls on cash? Or are you buying the stock with your cash? Which is a good idea.

I own Both IBM and MO. I got assigned at $143 on IBM last month. Just bought my 100 shares back at 137 a week later. It's a long term keeper for me.

I agree with everything here. Especially your last sentence. If I don't want to own it, I don't buy it. Although, I do veer from that, as I bought 100 shares of XLE, and wrote a call on it last week. It won't stay in my portfolio unless I like the premiums in a couple of weeks. I already own...

100 shares of Goldman is a lot of coin.

Then I buy more. I on write calls on stocks I've had for years. You got a fool proof way?

Another way I do it, is wait for the dividend to be paid, then sell a CC that day for about 30 days out. That way I get paid the dividend and premium on the same day. It works well for my "keeper" dividend stocks, like APAM, O, MO.

My strategy also. That $63 every month, plus hopefully the dividend every quarter, adds up nicely.

I always buy 125-150 shares of a stock. That way if I'm assigned, I'm still in the game if it keeps rising. My "keeper" stocks, I write about 30-45 days out, with a high strike. If I buy just a 100 shares, it's something I don't care about keeping. SPDR Etf's are good for this. I may do ATM...

Yes. Fidelity saves us from ourselves.