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Rolf Stocks&Options @RolfOptions on x 9646 followers
Created: 2025-07-18 08:05:43 UTC
Instead of selling naked put you sell a wide put credit spread Here is an example to make it simpler: The top order confirmation window is to sell cash secured put Return on Capital is XXXX% per X DTE (not bad) The bottom order confirmation window is to sell same short put but backed by a long put (to reduce your buying power requirement) Return on Capital is XXXX% per X DTE (fantastic) Yes, you lose $XX per contract but that allows you to trade and get XXXX% return instead of XXXX% Keep treating these trades as Cash Secured Puts and be ready to take assignments X times out of XX (as per attached backtest) with XX% win rates
Options trading is necessary skill to have even if you like your 9-5 and have excellent career
XXXXX engagements