Writing Covered Puts

[commiebat]

Quote from exQQQQseme:

But, I've been shorting stock for many years...longer than I have been trading options, which is also a long time. Perhaps it's all in my head, but I'm comfortable and happy doing it this way.

If you have a better intuitive feel for one equivalent over another, that is a perfectly valid reason to prefer to trade it.

The last thing you want to do is make the wrong adjustment because of some mental hiccup while dealing with a new type of position.

 

[exQQQQseme]

Thank you, Commiebat. One of the main benefits for me using the covered put write is that I only have to watch the stock price, not the option. Only the stock can hurt me, not the option.

 

[spindr0]

Quote from exQQQQseme:

Thank you, Commiebat. One of the main benefits for me using the covered put write is that I only have to watch the stock price, not the option. Only the stock can hurt me, not the option.

LOL (eye roll)

 

[artes]

Quote from exQQQQseme:

Shorting Stock and writing puts against it. What do you all think of the strategy?

Is also possible to write puts, covered, against LEAPS

see : http://www.advfn.com/p.php?pid=fbb_thread&id=754447&bb_id=5