Cautiously trade stocks, covered calls options and cash secured puts options with me for a year. Then you should have a nice income and total returns trading business. You won’t need me anymore.
@Stan Thanks for the comment and the like. I recently had a CSP puts trade on JNJ expire worthless and profitably. I did the trade because Valuentum.com has it in its model portfolio. But Valuentum recently expressed some concerns about how JNJ is restructuring. It said it still likes JNJ, but its comments made me more wary than it has be.
As for MCD, it is facing inflationary headwinds, but it is a great company that may be a good buy on a further dip, which is why some traders might try to get it at a discount by selling puts and taking assignment if it sinks that low. Good trading.
For me, I like JNJ, but don't trust the earnings ,so I would probably do MCD
@Stan Thanks for the comment and the like. I recently had a CSP puts trade on JNJ expire worthless and profitably. I did the trade because Valuentum.com has it in its model portfolio. But Valuentum recently expressed some concerns about how JNJ is restructuring. It said it still likes JNJ, but its comments made me more wary than it has be.
As for MCD, it is facing inflationary headwinds, but it is a great company that may be a good buy on a further dip, which is why some traders might try to get it at a discount by selling puts and taking assignment if it sinks that low. Good trading.