Building positions with cash secured puts


Does anyone have any experience of building positions or adding to positions you plan to hold long term using CSP? Any strategies or advice you’d like to share.

I’ve only been using them in a small way the last 2 years or so. I like that it takes some of the psychology out of it (has always been hard to buy during red times) you may end up getting a lower basis and if not immediate return from the premium feels like an acceptable trade off of the risk of missed gains should the stock continue to rise.


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