Recent content by EnigmaMachine

Yeah, at that price, the stock is looking attractive. I made a killing on GOOG and AMZN so I will probably not trade for the rest of the year. Pretty happen with that 20% gain.

Thank you so much for this reply. Finally a reply from someone who actually has experience in selling secured puts. I decided not to get into the business of selling secured puts mainly because of how low the premiums are and also because I might not have the patience and mindset to hold a...

Could you please explain why this is? The way I see it is that I am basically being paid $125 to buy a stock that I want to buy anyway for a cheaper price.

Wow, that is an extremely low price considering the amount of risk I am taking.

Thank you, so there are 100 shares of the underlying stock in each contract. I was using AAPL as an example. Not really interested in trading the AAPL. Could you please tell me how much I get paid if I sell 10 contracts? Do I get paid only $1.25 x 10 = $12.5 or do I get paid $1.25 for every...

Hello, Suppose I want to buy AAPL (just an example, I am not really interested in buying AAPL right now) when the price hits 120 (right now it is trading at ~126) so I sell put options OTM with a strike of 120 and expiration date of 1st of August. So the option code is: AAPL010815P0012000 On...