Luck_Club
Full time employment: Posting here.
- Joined
- Dec 5, 2016
- Messages
- 733
Hi all,
As many know I prefer dividend producing individual stocks, and avoid "buy the market" solutions. Long story short I'm dipping my toe into options only covered calls and cash covered puts.
As I enter this next phase of my investing life, I find that my current hodge podge of stocks don't all lend themselves to my option strategies. As a result I can only write options on about half the portfolio. I can find good buy and write opportunities. However, my current portfolio is either way in the money, or way out of the money. Should I switch to stocks that are better suited to options writing, or keep a blend of some that are good for writing and some that aren't?
If you have ever re balanced your portfolio in favor of all stocks more favorable to an option writing please share your experience and knowledge.
As many know I prefer dividend producing individual stocks, and avoid "buy the market" solutions. Long story short I'm dipping my toe into options only covered calls and cash covered puts.
As I enter this next phase of my investing life, I find that my current hodge podge of stocks don't all lend themselves to my option strategies. As a result I can only write options on about half the portfolio. I can find good buy and write opportunities. However, my current portfolio is either way in the money, or way out of the money. Should I switch to stocks that are better suited to options writing, or keep a blend of some that are good for writing and some that aren't?
If you have ever re balanced your portfolio in favor of all stocks more favorable to an option writing please share your experience and knowledge.