Learn how cash-secured puts work with a step-by-step example, the 4 structural advantages of selling puts, strike and expiration selection, trade management rules, and position sizing for consistent income.
Four data-driven reasons monthly options beat weeklies for premium sellers: 2.6x lower gamma risk, OTM theta reality, 2.6x wider distribution buffer, and 18-22% better net P&L per dollar of risk.
All-Weather Portfolio - Two Trades
New Trade
Master LEAPS selection with systematic framework: 0.75 to 0.85 delta strikes, 18 to 30 month expiration, extrinsic value analysis. Probability-based approach.
Combine LEAPS exposure with Wheel-style puts and covered calls to stack long-term growth with short-term income, step by step.
Use expected move to choose short-call strikes that pay and protect.
The real holy grail of trading isn't one perfect setup. It's a portfolio of small, defined-risk, positive-expectancy trades where no single outcome can damage your account. Here's the framework.
JPM Takes a Loss, SPY Captures +22.85%, and the Portfolio Resets With a New Hedge
One Expiration. Six Positions. 34 Days.
Fewer Than 30% of Stocks Are Above Their 50-Day. The Premiums Are the Richest All Year.
The Telecom That Could
