Legal Notice: Product prices and availability are subject to change. Visit corresponding website for more details. Trade marks & images are copyrighted by their respective owners.
I sold a covered call on my 100 shares of FHNC to recoup 25% of my cost basis on a contract that expires in 2 days after origination.
Another way I potentially ensure my portfolio is by waiting for an at the money strike to be hit and then look for the ask price for a call and a put of the underlying stock to be the same for both, buy an equal amount of each and count on a price swing to get me profitable one way or the other. The good thing about this strategy is that I have a small spread to beat.
By the way if you buy something I'll appreciate it and get a commission from my affiliates.
Legal Notice: Product prices and availability are subject to change. Visit corresponding website for more details. Trade marks & images are copyrighted by their respective owners.
Please Select the 'HTML View', then COPY AND PASTE THE GENERATED HTML CODE HERE