- Sell out of the money naked or cash secured puts. Selling a put is an obligation to buy 100 shares of a stock at the strike price. If I like a stock now, selling a put gives me the possibility to buy the stock at a lower price. If the stock doesn't fall, I profit from the the put premium
- Wait for a pullback in the stock. Stocks fluctuate. I like to wait for a decline instead of chasing a stock.
- Wait for a pullback in the market. Markets fluctuate. I try to discipline myself to make some buys when the market declines.
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This is not financial advice. Please consult a professional advisor.
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