I like the idea of collecting premium on writing puts I'd be ok with owning. So is there a put version of a poor mans covered call? With pmcc you buy leaps way way out and sell the near term calls. It's 6am pst so i maybe sounding incoherent but i hope you all get my questions... like COST 380 puts were $2 yesterday (high iv pre earns)....how could i have done a "PUT Write concept" of a pmcc on that... thx
Not PMCP, but: ZPW (Toronto exchange); and PUTW Appear to be put-write type funds - the results appear to be be pretty mediocre at best. I wonder why. I remember reading that of various option strategies, writing puts had the best results.
if a pmcc is buying a leap call and selling short term calls....my head is having a hard time inverting the process with puts. I want to do it with stonks i may want to own but at a lower price...thats why writing puts appeals to me..but i want to do it bigger. like carny barker size.