[trader220]

Originally Posted by robertmark

Always appreciate someone else's knowledge. Always something to learn. My examples in Pfe and Ed, were not based on todays strike prices or a March 1 expiration, but trades I have put on in the recent past. I sell premium only in the monthly's so I have good liquidity. I always put on trades with at least 45 dte. To put on a March 1 trade would only give me a 28 dte, of course that wouldn't pay you anything. I stay out of earnings, along with the fang stock's, because although I'm not pretty, I need my face. Do it the TastyTrade way, and stay the hell away from financial advisors!!! Sorry if there are any Financial planners reading.

The regular March 43 day at the money puts are .79 bid, that would also skew all cycles. PFE

I am not knocking what you're saying I am just pointing out its not possible to produce the kinds of % returns you mentioned.

There is nothing wrong with selling some puts on stocks you'd like to own a low prices. Either you buy the stock lower or you pick up a few dimes and quarters. You just dont get to buy the stock even lower or you dont participate in any rally, in return you get your premium. It's a reasonable way to buy stocks but I would not call it a strategy to make 3 to 5% a month.