"The ASX XBW Buy-Write Index has been smashed by the ASX Accumulation Index since its introduction 5-years ago.
Writing options reduces portfolio risk and in the long-run reduces portfolio performance. Its a fundamental concept in finance.
Insurance costs money, and you must have noticed that insurance compnies actually make profit.
Tried to understand options quite a few times,never quite got there so I leave to it the alpha, bravo, deltra, (wasn't she a singer ??) brigade. I'll stick to putting monry into real companies that have real assets and generate real profits
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