Holding long term positions but selling short term options premium is a great way to:
1. Offset time decay
2. Reduce risk
3. Lower cost
4. Earn weekly income
If it’s under a week and you’re in the money its rare but possible.
If this ever happens, you get the benefit of rolling it to a later expiry selling the following week or later at a further away strike for the same cost or more
Small gains add up!
500 doubled each month become one million in a year
They start small and becomes a snow ball with discipline
Focus on consistency and continue to grow with the right strategy!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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