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Technique
Generating weekly premium income of 2-3% while hedging downside risk on stock positions
"If I can collect 2-3% premium per week on a company selling covered calls, then I know if the company goes down 3% I'm exactly where I was. If it goes up, I collect 3%. If it stays the same, I collect 3%. It decreases my stress because it's a hedge against ..."
Technique
Generating income to buy a watch
"What I did to prove Graham wrong was put $100,000 into an account and then just sell options. And however much money I made doing that, I was going to buy a watch."
Products are related to this topic through catalog tags. Quotes describe the creator’s stated use; they are not necessarily recommendations for this topic.
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