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The top parent suggested > sell OTM options against his stocks I don't see where you get the impression they were ever talking about selling uncovered calls.
by tick_tock_tick 6y ago
The top parent suggested
> sell OTM options against his stocks
I don't see where you get the impression they were ever talking about selling uncovered calls. Selling out of the money calls has nothing to do with selling puts. As yes selling cash secured puts even with some leverage is considered very safe. Here is a fund that does just that.
https://www.nb.com/en/us/products/mutual-funds/us-equity-index-putwrite-strategy-fund https://www.nb.com/en/us/products/mutual-funds/us-equity-ind...
- sokoloff 6y agoProbably 35% of my individual stock purchases are done via a series of (hopefully more than 1) naked puts until I finally get assigned.