XJO 0.24% 7,702.1 s&p/asx 200

@primaus72 If you hold stock, why not write calls over your...

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    @primaus72 If you hold stock, why not write calls over your holdings instead of putting yourself at risk with buying any option at all and esp puts?
    If you hold stock, you can write a covered call, get the premium and if you get called up you are selling your shares at a high price which would be at a level which, when exercised, you dont care because it will be at the top of the range and you know you can rebuy on market at a lower price at some point in the future. And if you arent called up, you hold the shares and keep the premium and do it all again.
    Easy money if you have the stock behind it and a guaranteed money making trade regardless of getting called up or not.
 
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