Options puppy strategy 📈 My Daily IWM Cash-Secured Put Strategy: How I Consistently Scrap $10–30 a Day
📈 My Daily IWM Cash-Secured Put Strategy: How I Consistently Scrap $10–30 a Day Over the past few weeks, I’ve been running a simple but disciplined options strategy on IWM (iShares Russell 2000 ETF) — selling cash-secured puts (CSPs) to collect premium income safely and steadily. It’s not a get-rich-quick plan, but a slow, mechanical way to grow my account while staying protected with defined risk. Currently, IWM trades around $252, and I’ve sold a 246 strike put expiring on December 31, 2025, collecting about $3.00 in premium per share. That’s $300 per contract, giving me a nice buffer and peace of mind that my position is safe unless the market drops more than 2–3%. ⸻ 💡 Why I Chose IWM IWM tracks the Russell 2000 index, representing small-cap U.S. companies. These stocks are more volatil