Cash secured puts are the single biggest mistake I see in options. PERIOD


Think about what you're actually doing...
Selling a put is bullish... RIGHT?
So why do you have a HUGE pill of cash doing nothing that doesn't participate in the upside you expect to come...
BAD
I secure my puts with my base portfolio instead.
$VOO & $Q
So my collateral is compounding 10% a year on average WHILE I collect premium on top
No cash drag like CSP
No margin interest
No stress in deep crashes
VOO0.84%
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