New strategy - buy to write instead of the wheel.

So how do they differ?

 

Buy stock -call = - put

 

The difference is WXY figured out an arb where he can sell 1 30 call at .60 and collect $600.

CC> short put

 

I have to pick my battles. The loser finally admitted the blatantly obvious. What a tool.

 

I didn't admit anything ..I was just showing you how wrong you are lol...I get what you're saying but it's not what I'm trading.

Buy writes are a proven strategy....it's a covered call FFS. I can sell puts at the bottom of the range and collect premium...or I can buy stock and sell calls at the top of the range and get premium + stock gains. NOT the same.

 

Need.

 

Seems to me like you are legging stocks at the top of the range and panic selling calls at the bottom.

 

Remember the short put as bearish strategy? Pepperidge Farms remembers.

 

If I'm accumulating then yes it is a bearish strategy to accumulate stock on the way down and get paid for it. Unless you are buying at the exact bottom you are essentially selling a short put, without any premium every purchase.

• Buy 1000 SHIT @ 25...stock drops to 20 = -$5000 pnl
• Sell 10 SHIT puts @ 25 for .40....stock drops to 20 = get assigned @ 25 = -$5000 pnl + $400 premium = -$4600 pnl.

 

I take it back..You arent too smart to be this dumb...