Cash-secured puts can be a smart way to generate income or buy stocks at lower effective prices, but the biggest mistake beginners make is chasing the highest premium. This guide explains how to use an options scanner to filter for higher-quality cash-secured put opportunities based on stock quality, liquidity, probability, expiration, implied volatility, and risk, using a real trade example to illustrate how the strategy works in practice.
Not financial advice. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.