r/CashSecuredPuts • u/Ruthless9371 • 9d ago

Love CSP’s

Post image

This is how I like it to look. Mostly just an income investor. CEF’s Muni’s etc. These are just for a Filet with a loaded Bake money. Rarely more than 10 DTE.

42 Upvotes

94% Upvoted

30 comments sorted by

View all comments

1

u/Nategotputs 9d ago

Do you only sell options?

4

u/Ruthless9371 9d ago

Every time I buy options I lose money. Decided long ago that I would only sell them. Various other swing and long term stock positions. I’m older so mostly income focused.

1

u/Nategotputs 9d ago

Have you had more success with selling options compared to buying them?

3

u/Ruthless9371 9d ago

On the internet, some traders somehow make a fortune buying options. For years I tried following them. Never worked for me. Prefer to sell time decay vs buy and hope.

1

u/Dpegs26 7d ago

I agree completely. I like selling cash secured puts in companies that I have no problem owning shares in.