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No. of Recommendations: 1
just that I believe majority of options expire worthless

A great reason for selling puts or calls. The option seller harvests the premium and wants the options to expire worthless.

The poster was suggesting selling puts near with a strike near your price targets. If the stock stays higher than the strike, you win. If the stock is lower than the strike, you pick up shares at your target price (strike) less the premium received.

Of course, you are on the hook to buy those shares at the strike price. If the stock drops way below your target, it isn’t the most fun of situations.

AJ
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