Barchart: Shorting Out-of-the-Money Amazon Puts Makes Sense Here As an Income Play
From Barchart:
The article suggests that shorting out-of-the-money (OTM) Amazon put options is a good strategy for generating income in the near term. This is particularly beneficial for stock shareholders as Amazon does not pay dividends. By selling OTM put options, investors can receive income from the premiums, even if the options expire worthless. This strategy allows stockholders to continue benefiting from any potential upside in the stock price while also generating additional income. Overall, the article recommends this approach as a way to capitalize on the lack of dividends from Amazon stock.
Original: Shorting Out-of-the-Money Amazon Puts Makes Sense Here As an Income Play