NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
^^^ What I get for selling options on my stocks will not help me to have a positive return, if the stocks drop in value and the drop is more than what I get for the option premium. I would still lose money, but lose less than if I did not sell options.
Last year, my stocks go up in value, but less than the strike prices that I set. I pocketed the option premium, and still had my stocks which went up in value. Very, very nice!
This year, it remains to be seen if it is going to play out the same. So far, so good, but it looks like option buyers are not as gunho. They don't pay as much for options, and I think it is because they don't think the stocks will go up further. Indeed, some stocks that were hot now struggle to go higher.
Oh well, these stocks are what I want to hold long-term. What I make on the options are icing on the cake (but of course I am greedy and want lots of icing ).
Last year, my stocks go up in value, but less than the strike prices that I set. I pocketed the option premium, and still had my stocks which went up in value. Very, very nice!
This year, it remains to be seen if it is going to play out the same. So far, so good, but it looks like option buyers are not as gunho. They don't pay as much for options, and I think it is because they don't think the stocks will go up further. Indeed, some stocks that were hot now struggle to go higher.
Oh well, these stocks are what I want to hold long-term. What I make on the options are icing on the cake (but of course I am greedy and want lots of icing ).