Posted 11/28/2015 08:36 (#4924009 - in reply to #4923922) Subject: RE: Put question
EC Nebraska
upabovefarms - 11/28/2015 07:59
badjaccs - 11/28/2015 00:11
90% of all options expire worthless. It is nothing but high priced insurance.
90% eh? I guess we should all be selling uncovered options.
There's money to be made there. Just sell puts near the bottom of major moves and calls near the tops. Don't have to get the exact timing right. If you're even close it'll work out well.