Options are a fantastic tool to create the weekly and/or monthly income that we need to support our lifestyle. Selling options is selling a financial insurance product. As the seller we are also the underwriter of the policy. When selling an option contract only one of two possible outcomes can happen...either you will get assigned the underlying asset at the strike price (coverage policy) or you will not. Either way you keep the premium income as profit.
In this way we can sell a put option to acquire the asset with the intent of getting assigned and then we can sell a call option at an acceptable profit target.
Always be selling!
The weekly income trade can be found at tetrapro.wordpress.com
A picture is worth a thousand words....
Please trade responsibly.
In this way we can sell a put option to acquire the asset with the intent of getting assigned and then we can sell a call option at an acceptable profit target.
Always be selling!
The weekly income trade can be found at tetrapro.wordpress.com
A picture is worth a thousand words....
Please trade responsibly.