I watched a video over this strategy for buffing up retirement accounts. Basically you buy a leap that is the first amount itm and sell a short term call against it; The first amount otm.
The big rule is to find a low volatility stock that won’t whipsaw or spike. You need to find a stock that approaches the strike in a timely manner. I know there is probably a lot more that goes with this strategy, but that was the gist I caught.
I’m curious to know if this is a worth while strategy, and if you do use this strategy, what are some of your rules.
Submitted April 23, 2021 at 12:05AM by casinos_not_7-11s https://ift.tt/3dJkOZD
