Lions.. Trading Question.

From Greg M

How many of you are comfortable with selling puts/calls? I am asking because selling options is a fantastic way to generate steady income. As an example. This morning I sold puts on JPM which expire on March 19 with a strike price of $110

The chances of JPM stock hitting $110 on the 19th of next month are around 1% meaning income from this trade is nearly guaranteed.

I would like to get a consensus going.

How many of you are comfortable with selling options?

Its so easy! Instead of BUY TO OPEN, you SELL TO OPEN, and instead of paying for the option, YOU GET PAID to sell it. Moreover, time decay works for you, not against you.

So please let me know.. would you like to see me post positions where I am SELLING options?

GM