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I have 60% of my portfolio invested in shares of EEM, a highly traded emerging market ETF, and 40% in AAPL DITM LEAPS which function much in the same way as straight shares.
I write covered calls on all shares and leap contracts like clockwork on the first monday after the third Friday of every month and get 1.5-2% for the premiums. More towards 2% now that I've put it all in a fund and don't have to worry about the long term vs short term capital gains implications of getting called out. When using that strategy, if a stock stays flat for a year, I still make 20%.
I'll also occasionally buy SPY puts to protect the investments when I anticipate a dip, but don't like to do so very often even though I've been right more than wrong when doing so, but
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