Chickenlittle
Banned
Yes but also keep significant cash position in case of severe market down turn. It's a very aggressive strategy and by keeping enough cash for my entire retirement I can risk it. I don't believe in diversification and putting all my money on table for average return. Prefer to keep significant amount in cash and only risk what I can lose for large returnInteresting. Would you describe this strategy as a LEAPS in place of stock strategy as has been discussed before? I suppose it is different as you sell some of your options to buy stock but never sell stock to buy options (LEAPS). You fund stock purchases with roll ups using the cash generated to increase your stock position. Correct?
yes haven't owned a share of aa but up 15 fold with strategy
if I owned stock would be up less than 2.5 fold