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Personal Finance and Investing

nilram

(3,399 posts)

7. Are you doing this?

Reply to 3Hotdogs (Original post)

Sun Oct 19, 2025, 09:52 PM

Oct 19

(Whether on RUT, SPX or something else?)

I just noticed your posting and thought I'd ask even though it's a few months old. I ran some numbers and it looks interesting.

I was going to suggest using IWM, so you could try things out on a smaller scale and to get experience with the strategy and how the index moves, but same effect if you're using SPX. I also see that RUT options are "cash settled." Not sure how that works if they're called away.

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Selling covered calls. I am interested in selling covered calls for the Russell 2000. [View all] 3Hotdogs Jun 2025 OP

You said a single share in the "fund" is $250K A HERETIC I AM Jun 2025 #1

Symbol is RUT. Google Russe3ll 2000 option chain. 3Hotdogs Jun 2025 #2

OK, we were talking past each other. A HERETIC I AM Jun 2025 #3

I used the term, fund, rather than index, in the hope of getting more people to respond. 3Hotdogs Jun 2025 #4

. truddy777 Aug 27 #5

Thx. I have been rethinking this. Maybe better with S & P covered calls. 3Hotdogs Aug 27 #6

Are you doing this? nilram Oct 19 #7

I haven't started. Money to invest will be available in a month or so. 3Hotdogs Monday #8

Cool. Are you paper trading online, nilram Tuesday #9