SOFIW - Forget Risky High Yield Stocks: 12 Option Trades With Double-Digit Yield Potential

2024-02-02 07:30:00 ET

Summary

• This article takes a look at an alternative strategy.
• Selling cash secured puts is a common strategy to increase income, but it has limitations in terms of stock selection and potential assignment risk.
• We have developed a strategy to optimize yield and minimize assignment risk by using filters and a multipronged approach.
• Here are 12 trades you can execute today.

Written by Sam Kovacs

Introduction

During the past year, I have been successfully been selling put options to generate double-digit cash yields.

I say I, but it really has been a family effort. Whilst I've been behind most of the design of the strategy, my father Robert and younger brother Ben have been working on all the technology that makes it possible.

As the year has gone through, we have refined the model following mistakes and improved it in numerous ways. It is constantly being improved, and there will be new iterations of the information presented here....

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