best options strategies for advanced beginners

Discussion in 'Options' started by shMark, Jan 28, 2024.

  1. taowave

    taowave

    Hows your return relative to buy and hold .I'm assuming you are not short puts in a size thst exceeds your notional??



     
    #81     Aug 4, 2024
  2. Haywood

    Haywood

    Like I said, I'm learning slowly and taking baby steps. I will show my ignorance and say that I don't know what you mean by put size exceeding my notional. If you mean exceeding my means, the answer is no. Or if you refer to margin, it's a cash account. I have about 61% of my account in longer-term holds, which average in excess of 5% in dividends, about 11% in uninvested cash, and 28% in short-term treasuries(less than 30-day maturities). As to how my return is relative to buy and hold, I can't answer that, but since April 2020, I'm up about 165%, and I appear to be on track to grow at around 15 to 20% a year. It's not exactly spectacular, but some might say that's not too bad for someone who knew nothing about the stock market 3 1/2 years ago. Anyway, I want to find ways to do better. Thanks for any help you would care to offer.
     
    #82     Aug 4, 2024
  3. Sergio123

    Sergio123

    How did I not get assigned early on any short puts?
     
    #83     Aug 5, 2024
  4. newwurldmn

    newwurldmn

    Ignore what Taowave is saying. if you are up 165% over 4 years and tracking 20%/year on that asset allocation then your returns are unbelievably excellent.
     
    #84     Aug 5, 2024
    taowave likes this.
  5. taowave

    taowave

    What did Taowave say???

    I asked his return

     
    #85     Aug 5, 2024
  6. poopy

    poopy


    How's your PNL today?
     
    #86     Aug 5, 2024
  7. newwurldmn

    newwurldmn

    I saw him say that you said that cash secured puts were dangerous. But in proper ET fashion i didn't read anything before the last page.
     
    #87     Aug 5, 2024
  8. Haywood

    Haywood

     
    #88     Aug 5, 2024
  9. Haywood

    Haywood

    Depressed, but I can wait.
     
    #89     Aug 5, 2024
  10. taowave

    taowave

    CMON Brother,does that sound like me?? :)


     
    #90     Aug 5, 2024
    newwurldmn likes this.