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Stock impact report

Daily Income Generator: Naked Puts On Public Storage [Seeking Alpha]

Public Storage (PSA) 
Last public storage earnings: 4/30 04:00 pm Check Earnings Report
Company Research Source: Seeking Alpha
As any option trader knows, volatility generates higher premiums.When the market is behaving normally, and we are in a flat or bull market, selling naked puts can be a solid, reliable, and relatively low-risk way to generate regular income.But what happens when we get blindsided by a market crash and stocks get put to us?That's exactly why you cannot sell naked puts against stocks with wild premiums.You must be highly selective. What happens if the stock is put to you?You'd better be happy owning it. What stocks would you be happy to own?Those obtained at a value price.The theory is that a value stock is already cheap and selling below intrinsic value and, provided the story doesn't change, having it put to you is a perfectly acceptable outcome.You are also aided in your hunt by following as many stocks as you can over a long period of time. You will recognize trading patterns after a while. You will understand why the market perceives certain stocks the way it does and know the reaso Show less Read more
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