Options trade: How to acquire ETFs at a lower price (sell puts), (XLI), 5|15|2020 exp (Part 1 of 2)

On April 9, 2020, I sold (to open) a put option on the SPDR Industrial Sector ETF (XLI). The risk of put-selling is something called "assignment."

XLI is an ETF that I have always wanted to hold in my portfolio as a long-term investment. To acquire shares of XLI, I can either buy them on the open market or sell a put option.

In this lesson, I explain why I prefer to sell put options over simply buying the ETF. I also explain why I chose to sell the May 15, 2020, $58 put option.

This video is Part 1.

Watch Part 2 here:

This video was released to my PATREON members on 4/11/2020.

If you enjoyed this FREE lesson, please consider supporting me:

1. Subscribe to my YouTube Channel (free)


2. Place a small tip in my "tip jar"


3. Click on the "clapping hands" icon and APPLAUD!

4. Support me at PATREON


When you become a Patreon member, you get:

- INSTANT access to my free YouTube videos
- INSTANT access to my exclusive, members-only content
- plus much more!

Lilia options,Lilian options,money and lilia,money and lilian,Lilia investing,Lilian investing,Lilia stocks,Lilian stocks,Lilia trading,Lilian trading,Lillia options,Lila options,