6 Comments
User's avatar
Jaret Criss's avatar

I’ve always liked this understanding/explanation of selling puts: “I liken it to getting paid to place a limit order.”

What are your current “favorites” to sell puts on? LB, GROY, Mesabi Trust?

THANKS again for the great read

The Royalty King's avatar

Thanks Jaret, I’m building out a mastermind service with all that and more covered so stay tuned. For now I can say that none of the above fits the wheel strategy for me.

Mike's avatar

This is extremely helpful as I occasionally dabble with options but not regularly enough to gain the knowledge and fully “get it”.

I imagine my next question would probably get into the deadly realms of financial advice but I’ll ask anyway: Have you considered a bolt on paid service for subscribers which is essentially buy/sell this at x strike at y date and trades are sent out?

The Royalty King's avatar

Thank you Sir - 'twas the aim.

The answer to your question is yes - but it will be very exclusive and I'm building it on my on site off sub-stack.

I'm taking my time as I want it to be really high quality - stay tuned.

Mike's avatar

Thanks for the reply Ben and that’s good to hear.

I look forward to hearing all about it.

Personally this would be a great fit for me as I was looking to open a 2nd brokerage account for regular trades and keep the other for holds.

Regards for now.