Marc, as discussed before, I sell puts on stocks I analyze to be undervalued to buy at a great price. If the price drops, I buy a stock I want to own at a price I’m happy to pay. If the price goes up, I just keep the premium and use it to sell some more puts.

Then I sell covered calls on stocks I own that are approaching full value. If the price rises, I sell my stocks for the price I want. If the price doesn’t go up, I keep the premium and use it to sell more puts.

I’m fairly new to this system as I just started in March, but so far so good. I’ll write a detailed article once I get some more experience / results.