08-31-2018, 11:46 AM
(08-31-2018, 10:48 AM)crimsonghost747 Wrote: Well it's been a year that I asked.Market volatility will fix the premiums soon enough. It makes a huge difference. CCs are great strategy if you have time to monitor it, and close a position for a small loss when it is clearly prudent. An especially great strategy in a sideways or slightly bullish market. The only time I ever got burned was way back. Start buying volatile stocks and it ends bad if the market corrects. Trust me on that. I was a kid but I really burned myself. Add some margin for a truly epic portfolio meltdown. Looking back I am amazed I didn't give up on the markets. But I recognized the real problem was my gambling instead of investing. It's all good now.
And since then I've used WFC, T, UBNT, AMAT, DAL and WBA. All except DAL have yielded very good results but right now it's hard to find decent premiums so I find myself looking and looking but not really finding anything suitable.