Investing is broad, but necessary, category in a person’s personal finance world. Leaving your savings in just cash never made much sense nevertheless at today’s rates. Investing is often thought about in terms of buying stocks, but it is more than that, you could invest in an insurance based product, real estate, a business, yourself, etc.
In effort to learn different income producing options strategy I have been reviewing various strategies and deciding whether they are appropriate for me to actually trade. Lat week I reviewed the very popular Strangle Option Strategy and prematurely stated, it isn't something that I would be interested in selling any time soon. It took another blogger, JC from Passive Income Pursuit, to force me to look at the strategy from a different angle. His single comment gave rise to me selling strangles! How Does Selling a Strangle Option Work? While my post defining a strangle option went into much more detail, a [...]