I was looking for some more info on option strategies when I came upon this one. Could be interesting for a longer term investment. In this times of low volatility, prices for options are relative low. If we can find a stock with a high dividend, would it be possible to create this strategie ? Long stock, short put (leap) on a high dividend yield stock. If the dividend pays for the put, we have a low risk trade with unlimited up potential. Example : Long stock at 44.00 Put jan 2005 45 at 3.20 Dividend 2.20 Any thoughts ?