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Hi whatsup1

If your still around on this board... I have a bunch of questions.

Are you still living off put options?, and is this your exclusive means of income?

I'm not asking your nest egg, but how much capital does one require to do this and live of the premiums? I assume you are backing every put with cash, so if I held $500,000 writing puts against it, at 24% annualized you'd earn $120,000/yr in earnings. Correct?

Do you write puts exclusively in your IRA and then draw your income from it? If yes, then are you not paying a early withdrawal fee because you are not yet 60?

Do you have a top 5 or 10 list of companies you write puts on?

Thank you
Russell (50)
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