Wow, awesome. Seems like a pretty good strategy there.
I've never dabbled around with options, Ive been trading for around 5-6 years now but in the grand scheme of trading that's nothing lol. I have so much more to learn in terms of heads. But protecting larger positions on large caps with puts is what you want to do.
I'd just love to build up a portfolio of these, get some capital growth and take the dividends for regular income.
I always thought housing was going to be my main stable investment for regular income, and where I would funnel profits from trading. But with how rates + the housing market is looking i don't think they are going to come close to the opportunity of dividends. I mean it's great to have housing if you already have them paid off, but for me and the crazy prices and rising rates my enite adult life its a bit 3hit! Especially when there are other investment options out there.