Dr Joe,
I'll start it off. I like writing front-month cash-secured puts. I like to do them on somewhat high-beta stocks (e.g. TSL, IPI) and well as more stable stocks such as PFE, MRK, XOM. I tend to avoid samll drug and biotech stocks becase of past dissapointment. I try to enter these csp's on down days. I will take a profit at .05 to .15, if reached, before expiration. I write only enough puts (3 to 10 depending on the strike price) that if assigned I'm equally happy and then will write calls on these. I will consider putting a protective collar on some of these if they advance far enough although I prefer to be called out. I do this in a tax-deferred account. In my taxable account I like to do front-month credit spreads on ETF's.
Michael
www.safe-options-
--- In ConservativeOptionS
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> i really would love to hear from people who are doing dls (calls) and short puts selling cc's if assigned,,,,
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