3/15/2023 0 Comments Lyn alden net worth![]() ![]() I would determine a fair value for a stock like I had always done, but simply would add the extra step of looking up the options table to see what types of puts I could sell on it instead of buying it outright. It was easy to integrate that knowledge into what I already could do with regards to stock valuation, since I wasn’t interested in any of the really complicated strategies. To start my options experience, I learned details about how covered calls and cash-secured puts work, just from basic online sources. I had taught myself how to do discounted cash flow analysis from free tutorials online years before that, and learned it again in graduate school along with other financial modeling topics. I had read hundreds of corporate annual reports, many of Warren Buffett’s shareholder letters, and plenty of investing books. I already had decent experience with investing at that point. Q: What actions did you take to learn about option trading? So I started selling put options to obligate myself to a lower cost basis than what the current market prices were offering, and began selling covered calls on some of my existing positions to generate more income from them. The market wasn’t really overvalued either, but it was hard to find great buys with a margin of safety. The cyclically-adjusted price-to-earnings value of the market was well over 20, and I wasn’t really finding too many significantly undervalued companies. ![]() Back in 2007/2008, though, the market was expensive, so I started to put a lot of my assets into cash, especially since I barely had any money back then.ĭuring the March 2009 stock market bottom, when so many stocks were undervalued, I put most of my net worth back into equities, and enjoyed the huge surge from there, and kept contributing money each month.īy around 2012, though, the market was fully-valued. ![]() I’m a value and dividend investor at heart, so I was heavily into that for a while. I started investing in equities back when I was a teenager, and was that weird kid that would read the Wall Street Journal for fun. Q: How did you get an interest in option trading? I started my website because investing is a passion for me and I enjoy writing about it.Īt this point I have about 12 years of investing experience, including 5 years as an option-seller. Now in my organization, I serve as the lead electronics engineer, but I also write the annual budget for our facility and oversee all the technical procurement we do throughout the year for products and engineering services, manage our credit line set task priorities for many of our workers on all of our projects, and manage our contracts with vendors. After working as an engineer for a while, where I designed electrical systems for aircraft simulators, I went back to school part time and got a master’s in engineering management, for which I focused heavily on engineering economics, financial modeling, and resource management. I started off with a bachelor’s in electrical engineering, but always had a passion for finance and economics. My background is a blend of engineering and finance. Great inspiration for value and dividend investors that look to trade options. She also trades options and uses stock analysis to define trades. Lyn Alden runs a blog where she shares her view and analysis on the economy and stock market. ![]()
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