My Awesome Trading

Wrong.

 

So you are put the stock when its above the strike??

Tell me how you get long stock via short OTM puts with the stock higher

 

Trade small for short volatility strategies. Assume the worst.

 

Stocks are better to make money but still may be risky if you have no understanding of it.

 

If your put is cash secured, your % winning should calculated on your total fund, including fund on put and cash which secure your put .

Also, leveraged ETF such as TQQQ, YTD up 58%,TECL up 67% YTD,UPRO up 74% YTD.
Any inexperienced investor can buy and hold them to outperform you.

 

I agree that before you start working with stocks, you need to study and understand their specifics.

 

OP, well done and keep going.

I have a very similar approach and am up 31 percent YTD.

Guess who has been shooting down my performance since May? You will find all of the dream team here;

https://www.elitetrader.com/et/threads/my-approach-to-selling-puts.358769/

 

LOL!!!!!!!!!
I better be on the starting 5...
OP still needs to explain this one.Hes "put" on the stock,but tells me I am WRONG saying the stock must be lower..Swiss cheese till then..

The biggest gains have come from holding stock while waiting for it to be called away.

 

I agree that the "called away" part got me confused as well but would rather congratulate the dude and praise his performance rather than shoot him down.

 

How,can you congratulate anyone who makes the bulk of their money bring wrong??

He's wrong on a short put trade,gets assigned,then sells an "unidentified" call in the hole,which would have to be up or out to be "the biggest" gains..

Doesn't compute....