Just like back in June, with the current runup in the Market, and the VIX trading at 13, not many opportunities for Selling Cash Secured Puts or Covered Calls. My watch-list is down to Pfizer (PFE), which I am not in love with at this level.
As I noted in June, most folks would say it’s time to buy options, especially puts right now, but I never buy options, just too hard. Interest rates are starting to fall, so sitting in a Money Market is not a great long term solution either. I moved some of my trading account cash to Simplify’s Enhanced Income ETF (HIGH) to give it a test run – will receive the first dividend this month (I know, pretty damn boring).
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