💼 How I Use Cash-Secured Puts on pltr to Generate Instant Income While Keeping My Capital Safe
In today’s uncertain market environment, I’ve adopted a reliable strategy to earn consistent income while maintaining full control of my risk — selling cash-secured puts (CSPs) on high-conviction stocks. With a total capital base of $45,000 USD, I actively allocate $15,000 USD (one-third of my portfolio) to execute these strategic trades on selected equities, such as Palantir Technologies Inc. (PLTR). ⸻ 📊 What Is a Cash-Secured Put? A cash-secured put is an options trading strategy where I sell a put contract while keeping enough cash on hand to buy the stock if assigned. By doing so, I receive an upfront premium — a sort of “income” for taking on the obligation to buy the stock at a pre-agreed price (the strike price) before the option expires. For every put contract sold, I must have the
I opened 0.01039 share(s) $SPDR Portfolio S&P 500 Growth ETF(SPYG)$ ,I opened $SPDR Portfolio S&P 500 Growth ETF(SPYG)$ ,Buy to cover my sell call Buy to cover my sell call