In a Cash account [not taking on Margin] if one wants to participate in a stock, is either one better? I suspect, it may depend on my long term prediction... marc
There is no silver bullet. If you sell puts and the stock moves very fast very far; then you loose on the potential additional gain if you were instead in stock. On the other hand, if it does a slow grind higher, selling puts is better. The best way is to do both. And stagger in time and pricelevels also. -gariki