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Writing Naked Puts

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eBook details

  • Title: Writing Naked Puts
  • Author : Richard Miller Ph.D.
  • Release Date : January 01, 2011
  • Genre: Business & Personal Finance,Books,
  • Pages : * pages
  • Size : 7102 KB

Description

As I write this on March 9, 2009, the market is locked in a bearish spiral, and the economy is tanking, both with no end in site. There are few places to put cash that offer a living return: an especially difficult position for those of us in or nearing retirement. This report presents a conservative approach (1) to earning a 15 to 30 percent return on your money and (2) to buying quality stocks at big discounts in price. The strategy is built around selling options: Naked Puts to generate income. Once bought, a stock can: go up a lot, go up a little, remain unchanged, go down a little or go down a lot. This strategy makes money in four of those scenarios. And it doesn't lose as much as the stock owner when the stock's value drops a lot. This report presents a step by step description, as well as presents results from April '09 trading: $23,974 earned on 133 trades, 90% winner.


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