Friday, July 28, 2006
Stock options trading note...
Your portfolio would seem a little better if more of those stocks were paying dividends, huh? Hey, it's understandable. Although you love the long term growth of your investment, you certainly wish you could generate some dividend-like cash flow at the same time. Well, unless you worm your way into the boardroom you cannot make anyone hand out the dividend checks. You can, however, sell stock options and get cash instantly. Basically, you sell an option to buy your stock to a 3rd party when it reaches a certain level. You get paid for the option right away. It's a great means of getting that immediate income, but it does require some know-how. PowerOptions is a great source of tools and information for the person who wants to investigate stock options trading.