InvestingWithBrandon

The BIGGEST hack with selling portfolio secured puts is that you can technically make an unlimited ROI.
(not kidding)
Roll with me on this one, it will BLOW YOUR MIND!
So selling puts is a bullish strategy.
That's why I would never want to sell "cash secured puts", I sell "portfolios secured puts."
(cash sits there and does nothing, but portfolio secured works for you being invested)
Ok.
So when I sell portfolio secured puts and collect say $20k for example, I take that cash flow and buy $20k in shares of the company I am bullish on. (same one I am selling puts on)
I usually sell 1 year contra

Retail investor: Cash secured puts are the responsible way to do options. Even my broker's website says so.
Me: How much cash do you have parked securing them right now?
Retail investor: About $50k. That's just how the trade works.
Me: & what's that $50k earning while it sits there for a year?
Retail investor: Basically nothing. It's collateral, it has to be there.
Me: It doesn't though. That's the part nobody tells you. My puts are secured by the shares I already own. Same trade, same premium... but my $50k stayed in $VOO & $Q compounding the whole time.
Retail investor: Wait, so your collate

Retail investor: I sell weekly puts. Faster paydays, faster compounding.
Me: Real question. What's the stock doing next Tuesday?
Retail investor: How would I know that?
Me: Exactly. Nobody knows. Not you, not me, not the Fed. But your whole strategy is betting on the next 5 days... 52 times a year.
Retail investor: I win most weeks though.
Me: Everyone wins most weeks. Then earnings gaps down, some random headline hits, & one bad Friday takes back 2 months of wins. A 5 day trade has no room to be wrong. Zero cushion.
Retail investor: That already happened to me in the spring honestly. Gave bac

Retail investor: I run put credit spreads. Sell a put, buy a lower put for protection. Defined risk.
Me: The lower put you're buying... what is it actually?
Retail investor: My insurance if the stock crashes.
Me: It's the right to sell shares at an even LOWER price. On a company you supposedly like. Read that back to yourself.
Retail investor: I mean... it caps my max loss though.
Me: Ok but think about when that insurance pays. The stock crashes to some fire sale price... which on a great company below fair value is exactly when you'd WANT to be buying... & your protection is the right to dum

Walk into your bank & ask them to pay you interest on your savings... & then ask to ALSO use that exact balance as the deposit on a home, without moving a dollar.
The banker will smile & say no. "The money can earn OR it can secure. Not both."
But that's exactly what I do every single month.
My shares ( $VOO / $Q) sit there compounding ~11% a year. That's the interest.
Those SAME shares secure the puts I sell for another ~15%. That's the loan they said I couldn't have.
Same money. Two returns. Never on margin. Ratios always in check.
That's how 10% quietly becomes 25%.
And 25% is the differenc

Volatility is opportunity.

Buying shares
Selling 1+ year portfolio secured puts
Buying 1+ year calls
when a great company is trading below intrinsic value is the BEST way to make money in the stock market.
PERIOD.

Retail investor: I've read The Intelligent Investor three times. Buy great companies below intrinsic value, margin of safety, all of it. But I'd never touch options.
Me: You realize you already believe everything I do, right? You're just missing one page.
Retail investor: Options aren't in Graham's book, man.
Me: Walk through it. You find a great company. You calculate fair value. You set the price you'd buy at with a margin of safety. Then what do you do?
Retail investor: Put in a limit order & wait.
Me: Right. & you wait for FREE. Selling a portfolio secured put is your exact limit order...

NO day trading (99% lose... so 1% win, & you're probably not the 1%)
NO swing trading
NO covered calls (caps the upside you bought the company for)
NO cash secured puts (a pile of dead cash dragging your returns)
NO credit spreads (bullish & bearish on the same stock... pick one)
NO 0DTE (better odds at a casino)
INSTEAD:
Build the base... $VOO & $Q, added to forever.
When great companies fall below fair value, allocate to shares & sell 1+ year portfolio secured puts... the base is the collateral, so it never stops compounding and no cash drag like CSP.
Take the premium. Buy more shares. Ultra