Hi. So I have an account that was fully in MM. last week I decided to try different strategy. Sell puts at stocks Ik and I don’t mind holding at price I like to collect premium.
Sold NVDA 114 puts and BITX 50 and did well.
This week I sold BItX 50.50 and rolled to next week same strike. Did well so far getting my goal of $1k/week which honestly better than what I got almost in 6-7 months of holding MM.
I understand that if inhave bought NVDA at 114 I would have made more but I do have other accounts for investing and I did load at those levels.
My question is, if someone do the same, what stock did you feel have good premium and stable that you don’t mind owning.
Hope you don’t mind sharing. TIA