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Reddit mentions of Generate Thousands in Cash on your Stocks Before Buying or Selling Them: Third Edition

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Generate Thousands in Cash on your Stocks Before Buying or Selling Them: Third Edition
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Found 1 comment on Generate Thousands in Cash on your Stocks Before Buying or Selling Them: Third Edition:

u/amalag ยท 1 pointr/investing

I am planning to do this. Waiting to get more cash to fund it. And I am paper trading for a few months with this strategy. I bought this book for some more explanation
http://www.amazon.com/Generate-Thousands-Stocks-Before-Selling/dp/1585974242

My only change to what you wrote is to not write them on highly volatile stocks, write them on safer stocks that I want to invest in. I will get less on a monthly premium, but will be happier when I get assigned. I am also thinking to do this on dividend stocks. They are less volatile and I feel the companies are more established. But if you like to own the stock that is the main criteria.

What I have heard is don't chase the premiums. High premiums may just sucking you in.