No. of Recommendations: 8
After a couple of times, I decided that the risk and fear was not worth the small amount of money that I got from selling a call was not worth it.
A reasonable point of view.
FWIW, I've tried almost every fun option variation in the last couple of years (buying and writing calls, buying and writing puts, combos), and the one that has been most profitable has been writing cash-backed puts on price dips, even though the dips were not very deep. Partly because price dips tend to coincide with days of high option premiums.
Jim
