Whose work should I study with this option/stock strategy???

Discussion in 'Trading' started by asdfghj7, Oct 20, 2008.

  1. Would someone please guide me to whoever is considered the authority on writing put options on inexpensive stock and turning around and selling calls against the positon if the original put written gets assigned. I once viewed a webinar where the instructor made the comment, that he only buys stocks by writing put options, and only sells out of positions by writing calls against his postions. Who could that have been? Any direction toward an authority using this type of strategy would be appreciated.
  2. I don't know the specific individual you are looking for but......
    you can certainly find a lot of work on writing calls/puts if that would help.

    I suggest McMillan
  3. That "strategy" "works well" in a "choppy" market. You'd get hurt badly in a bear market with it. :cool: