To concur with some others: write covered calls, preferably long ones to minimize your exposure to short rallies. This will give you a steady stream of income. If reinvested, it might yield 100 : 1. 128:1 would be 7 dblings, so in 30 years, that requires dbling every 4 years, so 18%/yr. Writing covered calls in a flat environment can easily generate that.
Patri, that only works for the first few years, until other people start thinking that the environment is flat. Then the selling price of calls goes down.
Patri, that only works for the first few years, until other people start thinking that the environment is flat. Then the selling price of calls goes down.