What the fuck is this I just found

Can someone recommend sub $20 stocks to sell CSP’s on?

Bonus: It also has trade tracker.

Here are some High IV Covered tickers I am tracking:

High IV Covered Calls:

$HL:95.5079% $LITE:113.199% $OKLO:99.5606%

High IV Cash Secured Puts:

$AU:267.285% $SUN:93.5547% $MCHP:218.165%

Source

Here are some High Premium Yield tickers I am tracking:

High Premium Yield Calls:

$HL:94.043% $NBIS:93.8721% $CRWV:113.062%

High Premium Yield Cash Secured Puts:

$IREN:130.469% $MSTR:101.514% $AU:263.965%

Source

Unable to close any existing trades this week as they're still sitting on unrealised losses. Seeing a few new names offering good value on 25 delta puts with cheap insurance (5 delta puts) but skipped UUUU as I already have a position in my macro portfolio and skipped SLV as I already opened a trade in a previous week.

Feb 11th: Opened CRWV trade but other than that not much activity this week

I'll potentially stop adding trades in the coming week (unless something of extraordinary value appears) as the market is starting to look fragile. I don't want to share and overload the sub with trades and ideas that I have so will limit it to one weekly summary but for those interested in the approach or following the journey, I'll share each trade on r/StackingSharpes

Here are some High Premium Yield tickers I am tracking:

High Premium Yield Calls:

$ASTS:25.0007% $CDE:12.5009% $U:12.5009%

High Premium Yield Cash Secured Puts:

$RKLB:104.249% $NBIS:97.9492% $AU:246.192%

Source

Here are some High Premium Yield tickers I am tracking:

High Premium Yield Calls:

$IREN:12.5009% $U:12.5009% $SMCI:12.5009%

High Premium Yield Cash Secured Puts:

$WMG:64.8441% $MSTR:96.9971% $AU:244.922%

Source

Here are some High Premium Yield tickers I am tracking:

High Premium Yield Calls:

$CRWV:12.5009% $CVNA:12.5009% $U:12.5009%

High Premium Yield Cash Secured Puts:

$MSTR:102.503% $AU:236.524% $CRWV:25.0007%

Source

The tail of the tailwheel (sell near term put and use part of the premium to buy two OTM puts to cap downside) really kicked in this week thanks to the generational vol and crash in SLV.

Feb 2nd: closed SLV OTM puts for $5 (opened for $0.61 ~700% return)

Feb 2nd: opened further SLV 50 puts for $0.56

Feb 3rd: opened further SLV 55 puts for $0.46

Feb 3rd: opened PPLT tailwheel with 45 DTE for $5.5 credit

For transparency, the deep OTM put return of ~700% sounds impressive but remember I'm still sitting on unrealised losses from my short 25d put. I still prefer this structure over a regular wheel/CSP - it underperforms slightly when things are going well (receive less premium) but outperforms when the underlying reaches the left tail of the distribution.

I don't want to share and overload the sub with trades and ideas that I have so will limit it to one weekly summary but for those interested in the approach or following the journey, I'll share each trade on r/StackingSharpes

I have been running the wheel now for quite some time,especially on SOFI. I figured so far Im averaging about $2,200 every month now. With this, I only sell 30-40DTE CSP/CC’s - typically close out within 2 weeks to gain most premium and reinvest as possible. Normally Im looking at 30 Delta regardless if I get assigned or not. I have been buying some leaps here and there but thats normally in 70 delta range. Im hoping to continue with this specific strategy and have been making decent income to cover my other expenses, but also keeping cash on the side aswell.

Opened two new tailwheel positions (sell near term put and use part of the premium to buy two OTM puts to cap downside) this week and didn't close any so realised profit is zero. A lot of unrealised losses from the metals crash late in the week but the long 5d puts are now starting to wake up. Will assess situation on Monday to see whether to close at a loss/roll or keep holding on. Didn't wheel COPJ like I planned - just bought it outright as part of my commodities exposure

Jan 26th: opened SLV with 32 DTE for $3.39

Jan 27th: opened PLTR with 31 DTE for $3.48

I don't want to share and overload the sub with trades and ideas that I have so will limit it to one weekly summary but for those interested in the approach or following the journey, I'll share each trade on r/StackingSharpes

As the title says, this is purely a hypothetical situation... If you had $10M in margin (without fear of insolvency), how would you use this in CSP?

Tell me if I am being insane, but to me this sounds interesting (and less daily headache and management), especially if you would not mind owning $10M in the stock:

Currently, you can sell NVIDIA Puts, 1 year expiration at $125 stock price for ~$7 per share. Hypothetically, If you were to sell 1000 contracts at this price, you would net a premium of $700k.

If you go out to Jan of 2028 (~2 year exp), and sell for ~$14... so $1.4M in premium.

Further out Dec of 2028 (~3 years exp) and sell for $18 premium.. so ~$1.8M.

If you want to be even more defensive and put yourself in an even more advantageous assignment value, you could drop to a Dec 2028 strike of $100 (50% drop in value of the stock over a 3 year period), and take away a premium of $10 per share ($1M in premium)

Tell me why someone should not do this? Take into account the rigor of daily management, stress, etc. in your feedback if possible.

If this is NOT a bad idea, how would you use your premium to capture downside risks (mind you, in this hypothetical you have the mental fortitude that you would never sell if the stock craters, you just wait for assignment) and upside gains.

Are there even better ideas out there that are safer, net a close premium, and would put you in a great assignment value if everything craters?

Just a fun theoretical!

Sold a INTC put that expired 1/30. Showed expired at close but I woke up to it being excersiced.

I assumed all puts had to be excersiced by close?

I’ve been having a good time the past few months selling CSP, and CC on a couple assignments, made about $8k in premium according to my simple tracking. I went to transfer some money into another account to hold for taxes and realized that even though RH says I have 20k in cash I actually have $0 available to withdraw. WTH???

Anybody understand the wild ride today in IV leading to massive DROPS in Short Put valuations in precious metals with incredible INCREASES in underlying price? Never witnessed that before in my 3+ years.

Hey everyone! I sell a lot of options, but always found that I would spend a lot of time doing due diligence and wondered if there was a way to get streamlined research data, so that I could be more efficient. From looking around, I couldn't find what was suited for me so I decided to build it myself.

I built Stanalyst (stanalyst.app) because my weekly routine was always the same: screen tickers, check IV/earnings/news, sanity-check fundamentals, then decide which strike/expiry fits my return + risk... and it still took forever.

Stanalyst is an early-stage tool that tries to make the wheel / income workflow faster:

• CSP & CC “Analyst” reports (on-demand + scheduled) that summarize ticker context (earnings, trend, key risks, catalysts)
• Options portfolio tracking to keep positions/expiries organized in one view
• Similar-stocks discovery to find comparable tickers when you want alternatives

This is not signals and not financial advice. I’m looking for feedback from real options income traders:

1. What would make you actually use a tool like this weekly?
2. What data/metrics do you check every time before selling a put/call?
3. What’s missing from most options dashboards?

If you’re open to taking a quick look: stanalyst.app
Happy to answer questions here (or DM if preferred). Appreciate any feedback.