I do something like what you are saying but with selling covered calls while I am long a stock. A quick search online will show you strategies like this. It is not uncommon for more active equity traders.
I mostly play long cycles in the equity market instead of trading. When I do trade equities, I play one or two stocks that I know their behavior intimately. My very active trading is mostly in futures and currencies.
eru|8 years ago
Figure out from fundamental what you think is a decent value for the stocks in question, then write puts for that strike price.
Lost_BiomedE|8 years ago
I mostly play long cycles in the equity market instead of trading. When I do trade equities, I play one or two stocks that I know their behavior intimately. My very active trading is mostly in futures and currencies.