Once I was invited to be a speaker at an investors’ conference and someone came up to talk with me afterwards and I shared with him this system. And he said, “Oh yeah. I’ve been doing this for years. In fact, there is one stock I own that I’ve been doing this on for almost 10 years. And in fact, I’ve collected more cash from writing these contracts than I spent on the stock.”
He effectively owned the stock for free!
The thing is though…how do we, as investors, know which stocks in our portfolio are the best candidates for this strategy?
Now, not every stock will work with this strategy so we have to be selective in the stocks we choose for this strategy…in fact…I have a checklist that I’ll share with you later that can help you identify the absolute best, most effective stocks to use for this strategy.
Not only is stock selection important…but selecting the right options can mean the difference of a few hundred dollars or more on every trade.
If you’ve ever looked at the options available on a popular stock you’ve likely had “analysis paralysis”. Seriously…how can investors like us be expected to choose the right stock, the right strike price, and the most optimum expiration date?
Without a system in place you might as well be throwing thirty darts at 3 dart boards blindfolded looking for a bullseye because there could be upwards of 93 options available….
How would you choose the best one? What do you do next?
I’ll tell you what a lot of investors do…nothing…
That’s right about 97% of investors do nothing to increase their income from their investments. Maybe they’re lazy and don’t want to invest 10 minutes or so each week to generate income.
Maybe they’re not lazy and just don’t know what to trade and are literally paralyzed with fear of making the wrong decision.
I get it…
Which is why I’ve spent the last 30 years building trading and investment strategies that are easy to understand, reliable, and consistently profitable.
And it’s not just a one and done system. It’s something that smart investors have been using over and over again…year after successful year to generate income from their investments.