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Strategy reviews

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Reviews of Shorting Options

Shorting Options

Hello?! Anything happening here?! Track record is good but recently just a long ETF position, no shorting of options at all... what's going on?

Shorting Options

A tiny jewel, which I think of as a dividend booster for an underlying equity position (or possibly as a way to get a respectable amount of interest on a hunk of cash) called the "covered position." Preferably the covered position will be a semi-permanent stake in 100 shares of SPY for each option contract traded. I believe the developer here has transcended much of the risk of collecting premiums through option writing, albeit by settling for tiny but steady rewards. Still, with a thorough understanding of what to expect and, more importantly, what not to expect, you too may find this system a little gem.

Shorting Options

This strategy is more of long ETF(since 2008) and less of shorting options. It shorts monthly of about 3 contracts that the profit potential is limited to about $61/mo to $150/mo. Not the profit potential from options that it implies. It does cover the low monthly cost. It is unknown how long you would need to wait to enter the ETF condition. Just not what I had in mind.