Sold puts need to be secured with cash, you’re going to have to sell and take a capital gains if assigned if you don’t have the cash on hand to handle an assignment. $70,000 in VOO contractual puts will only generate $100/week at the most risky possible position. Where are you coming up with 10%/year?
@jandreini1@RetailBrokerHTX So is the lesson here to have a continuous open option to a Wyoming LLC that you own anonymously for “development” at some outrageous price?
@PatrickHeizer@AlexNoonan6 Not really, there were numerous period where it was completely flat for 5-15 years. The Japanese Nikkei was flat for 30 years. Past performance does not guarantee future returns.