No you are wrong. I posted an option strategy that would accomplish his goal exactly with minimal cost and no risk. The problem with your answer is you will have stock movement risk from the point you sell the stock to the point you buy it.
Read the original post. He didn't ask for an option strategy or was concerned about price movement. Just a simple question about when to sell and when he could buy it back.
Brad must have missed the post from onelot... OP u r right about selling atm puts underperforming during strong bear markets. Obviously the part about selling 2% otm calls added some nasty drawdowns recently. It´s a matter of equity curve and drawdown as well, i remember reading that synthetic long on spx were giving the highest performance (compared to the underlying and the cboe indexes ) but it´s much more volatile. Good to know about those possibilities anyway, u can than chose according to ur market view. Also u can invest in markets with no witholding tax, like hong kong, you can follow most major indices there or invest on local and chinese companies. I'm 'not very keen on this due to transaction costs and sometimes lack of liquidity but it might be good for u ( and for some securities), especially if u don't trade in and out often. the hong kong tracker fund ( code 2800) has plenty of liquidity and very low management cost for instance if u are interested in investing in some hk listed etf If u try to follow indexes buying futures rather than etfs is another option to look into. Anyway it´s frustrating to pay 30% witholding tax when one doesn't get taxed on cap gains, i'm interested in reading more on other solutions.