This period of high interest u might want to do sell long straddles put and call on
Banks $Bank of America(BAC)$
I did it for Manulife Do repost like and comment thanks
U sell a put on Manulife $18 strike price get premium Of $1
Top up cash to strike price $18 minus premium
price Which is $17
- just wait for assignment
Once u get assigned
Sell a long call get premium near the strike price $18 Of $0.70
And a long put at $15 get premium $0.50
Then top up $15 minus premium $0.70 and $0.50 and wait
Take the dividend Every 3 months $0.22 and use voucher build up other position and repeat this again
There is a constant generator of premium
Total capital needed is around $17 plus $13 to get started
This is fully covered Puts and calls
Seems very complicated to many
@TigerStars @TigerEvents @TigerClub do featureme so people can use advance straddled options strategy
Long Straddle sell
This strategy consists of selling a call option and a put option with the different strike price and expiration.
Description
A long straddle is a combination of selling a call and selling a put, both with the different strike price and expiration.
Summary
This strategy consists of buying a call option and a put option with the different strike price and expiration. The combination generally profits if the stock price stays the same
Long Straddle Buy is the opposite
This strategy consists of buying a call option and a put option with the same strike price and expiration.
Description
A long straddle is a combination of buy a call and buying a put, both with the same strike price and expiration. Together, they produce a position that should profit if the stock makes a big move either up or down.
Typically, investors buy the straddle because they predict a big price move and/or a great deal of volatility in the near future. For example, the investor might be expecting an important court ruling in the next quarter, the outcome of which will be either very good news or very bad news for the stock.
Outlook
Looking for a sharp move in the stock price, in either direction, during the life of the options. Because of the effect of two premium outlays on the breakeven, the investor's opinion is fairly strongly held and time-specific.
Summary
This strategy consists of buying a call option and a put option with the same strike price and expiration. The combination generally profits if the stock price moves sharply in either direction during the life of the options.
Comments