@Tony_BATtista@wearelossdog@growyourpile Do you buy them for the equivalent as in this case spy?
What if 3%, 10% etc just doesn’t give you enough to buy a put of that underlying at all?
@OptionsOptimaX 💯 for me it is:
Stock I am OK to own / wheel at certain price -> sell put
Stock at attractive level and don’t want to miss out -> buy stock and sell put (and maybe sell call on small part into a covered strangle)
Stock EXTREMELY undervalued -> buy leaps call