The strategy is simple. Pick good under valued dividend stocks. MO has active and liquid options that can be used to generate additional income by selling covered calls and puts.
Nice write up on MO strategy! I see you don’t trade it….because it’s tobacco stock?
1. I've got a lot of covered calls to roll. 2. MO looks a bit over bought. 3. I'm more interested in other trades I've written about.
Nice write up on MO strategy! I see you don’t trade it….because it’s tobacco stock?
1. I've got a lot of covered calls to roll. 2. MO looks a bit over bought. 3. I'm more interested in other trades I've written about.