I am independent investment advisor. I manage a portfolio of optionable growth stock and use a covered call option strategy on a discretionary basis. Options are written for one to two months, providing downside protection to the extent of premium on the options or a reasonable return if called. Buying back options on stocks that are moving up in price may provide tax benefits in non-retirement accounts. The portfolio outperforms in down to flat markets and may underperform in up markets. I believe it is more important to prevent losses in general than to participate in full the upside of the market. I am very interested in quality companies with higher premiums on short term options. Would enjoy hearing suggestions. I am also accepting new clients.
Trading over 12 years, with an emphasis in small cap biotech. Passionate about science and cooking.
"Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money."