Rogerj1

How to Make Short Puts Worth Your While - Hypothetically

I'm sitting on 300 shares of Goldman Sachs that I bought at 160 selling puts. The insane part is that I work for MS and have a buttload of that stock. At one point 160 was a solid support level for GS. I'd been selling puts for 6 months without any incidences. It's easy to get lulled into selling extra contracts to squeeze out more income. If you can avoid doing that you should be OK.