One of the things I love about options is that there is nearly a strategy for every market condition.
Rather than using the same strategy accross all conditions which may give you questionable results, tailer made strategies can be used to take advantage of current conditions. One strategy that has been adding a lot of value to shares inside an existing portfolio is Covered Written Calls.
Below is an image showing trades taken on an actual account over the last few months, prices noted are per share in cents. Each trade places cash back into the trading account, when the trade is taken. Brokerage is not considered in this diagram.
Now there is risk with any strategy, understanding how to manage that risk is the secret to being profiatble with any strategy.
So if your leaning towards the risk averse end and you would like to add some value to your return, you do have a few choices.
If you would like some examples or a couple of strategies that may suit your style, please give me a call on 0402 855 800 or shoot me an email to steve.soars@gmail.com