🟢You WILL get rich selling portfolio secured puts & taking that cash flow to buy additional shares.
Let those shares compound for many years & you will be happy.
Rules: Only sell puts on companies with a moat, pricing power, durable competitive advantage, ok to hold for the long run, & trading near intrinsic value.
There is not always deals out there, but when there is, capitalize in a meaningful way.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🔴You will NEVER get rich selling covered calls.
🟢You WILL get rich selling portfolio secured puts & taking that cash flow to buy additional shares.
Let those shares compound for many years & you will be happy.
Rules:
Only sell puts on companies with a moat, pricing power, durable competitive advantage, ok to hold for the long run, & trading near intrinsic value.
There is not always deals out there, but when there is, capitalize in a meaningful way.