Options investing is a field that most people do not know about. I am currently involved in selling naked puts and covered calls, but I hope to cover advanced options strategies eventually. Options trading and investing has to do with taking a position that a particular stock may go up, down or stay the same which makes the contracts very versatile.
I only started selling naked puts a few months ago, so my it is natural that my strategy is going to change. At first I thought I would only sell naked puts against dividend champions, but I quickly learned that the premiums were not enough to make it worthwhile so I adapted. Recently, I have been bothered with my closing strategy. My Current Buy to Close Naked Put Strategy When I first started (and up until this post) the current strategy is to take a 50% gain on the premium collected. The easiest way to understand the strategy is with an example. Stock [...]