[chrisjones1986]

Thanks for the reply Teddi. I’m monitoring some of those other strategies but am slightly uncomfortable with my capital being so focused on 1 or 2 specific companies (microsoft and apple in this case). I’ve decided to pursue a modified “USA portfolio” for now with a list of blue chip, dividend paying stocks and will stick with that for the time being. The intention of the portfolio is to earn 1% per month on average (anything better is a bonus) and focus on safety and consistency rather than maximum profit. One of the keys to that is to only trade on stocks that I’m happy to own as I don’t want to feel pressured in a market correction and end up over-utilizing my capital to rescue positions.

To “Bandit”, my understanding (based on Teddi’s response and my reading of the various materials) is that the majority of the stock positions that are posted each day are indeed the “USA portfolio”, they’re just not designated as such like some of the other portfolios are. I think my confusion was around the difference between the more aggressive positions taken on slightly smaller companies (that presumably Teddi wouldn’t want to own) and the “original” method of selling puts on stocks that you wouldn’t mind owning and then using dividends and covered calls to monetize any assignments until they’re exercised away. The latter is what I’m personally looking for so I think it’s a case of just picking and choosing our own version of the portfolio and perhaps using what Teddi posts as a guideline for us to learn from.

I’m still slightly confused by the strategy change from cash-secured puts to credit put spreads, but I did find a couple of forum posts that insinuated it was to do with market conditions.

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