I’m a naked writer. I don’t mean that I write with no clothes on, although occasionally when I can’t sleep I get up and go to my computer. What I mean is that I sell puts on certain stocks in an effort to acquire them at below market price.
Many investors are scared of stock options. But there is no need to be. Options are just contracts, and much less complicated than when you buy or sell a house! Or take out a life insurance policy.
Many investors are afraid to go into the stock market today because of the extreme volatility. From day to day the Dow Jones and other indices suddenly are moving up and down in unusual swings.
We received a nice letter from a fan of Vittorio’s Ristorante in the Pacific Palisades. She raved about it so convincingly that I rushed over there with my wife Bonnie for dinner our first free night.
