retirefire: I like XLE, it has decent option volume. I mistimed
my entry awhile back but then sold an ATM put near the low which
played out for a nice gain. Also can do covered calls for
additional income from time to time.
Posted by DigiNomad on 23rd of Aug 2022 at 11:55 am
XLE - retirefire, when I miss a move, I feel the best way
to enter without taking on the risk of the initial checkback is
using short puts. The downside to this approach is if it never
checks back...but, as you know, that's the exception, not the
rule.
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Late to the show today,
Posted by retirefire on 23rd of Aug 2022 at 11:49 am
Late to the show today, but was contemplating a plan for long term hold in the energy complex. XLE ?
retirefire: I like XLE, it
Posted by craigm on 23rd of Aug 2022 at 11:57 am
retirefire: I like XLE, it has decent option volume. I mistimed my entry awhile back but then sold an ATM put near the low which played out for a nice gain. Also can do covered calls for additional income from time to time.
XLE - retirefire, when I
Posted by DigiNomad on 23rd of Aug 2022 at 11:55 am
XLE - retirefire, when I miss a move, I feel the best way to enter without taking on the risk of the initial checkback is using short puts. The downside to this approach is if it never checks back...but, as you know, that's the exception, not the rule.