Is selling puts at a low strike price for the purpose of me buying in low a viable strategy?


Let's suppose stock A is at $100 right now and I want to buy in at $50. Why can't I just sell puts and hope that the stock does reach $50. This way, I can continue going long as my initial strategy. But if I am wrong and the strategy doesn't work, do I not earn the premium from selling the put?

Tell me where I am wrong. I have almost no knowledge on options but I want to learn. Any youtube resources that show the actual process of trading live options (not just explaining this or that)? Thank you!


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