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caroline schirato's avatar

Ok, so let's see if I understood. I'm watching Disney. I can sell a put on Disney for $85 a share for 100 shares? I think that's a great price, so if I get stuck with it, no biggie, and it might be lower than that to purchase anyway. But if it doesn't get that low, then I keep the $$ I got for selling the put, and no obligation to purchase?

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ROY JOHNSON's avatar

Very good job of explaining Eric...and appreciate your tidbits of humor. :D

One key thing about getting into this strategy is knowing you need to open a brokerage account with at least $25K to be allowed to participate in this strategy.

Aside from that, you're doing great and looking forward to more editions of this report.

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