I use this strategy on stocks actually; an example:
Sell put on PSX to collect X
if i get assigned I then will sell a call at the same strike or slightly above; if get called away I will repeat.
Question is what if I get assigned the stock and it keeps going down? I only use this...
First off would like to thank MfBreakout and others who have been posting on this board. I just recently saw Mark Fisher on CNBC and after doing som research came across his book and have just started reading it.
Just a quick question please. If Fisher states to use an opening range of...