Want to know if someone actually understands options?

Ask them why they're holding cash to secure a sold put.
If you're selling a put, you're bullish. You WANT the stock to go up.
So why would you let a giant pile of cash sit there earning nothing, while betting on a company you think is heading higher?
It falls apart the second you say it out loud.
I secure my puts with a base portfolio that's compounding the whole time. The bullish bet and the money behind it are pulling in the same direction.
Most people never even think to question the cash.
That's the tell.
Also... people will say "Brandon portfolio secured puts are risky"
No... My ratios are ALWAYS in check to sleep well in a 50% crash.
CSPs are more risky because of the cash drag & underperformance.