I recently watched a webinar where the instructor said, "Professionals write options to get in and out of stocks. I only buy stocks when i'm assigned a OTM put I wrote, and I only take profits (get out of a stock) by writing OTM calls against my positions." Obviously this is paraphrased. For the life of me, I can't remember who it was. I'm pretty sure it wasn't Fontinills, Trester, or Mcmillan. Does somebody know???