Short Puts vs Covered Calls vs Poor Mans Covered Call

tastylive: Options Jive

Tom Sosnoff and Tony Battista discussed the fundamentals of various options strategies, particularly focusing on short puts, covered calls, and poor man's covered calls. Key insights include the higher probability of profit with short puts, lower capital requirements for poor man's covered calls, and the strategic benefits of covered calls like premium collection and downside protection. They emphasized flexibility and risk management in options trading, noting the comparative advantages of each strategy for maximizing returns and managing exposure. The S&P 500 rose $12.25 while the Russell remained unchanged.