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    your favourite ticker for cash-secured puts?

    I’ve been selling some CSPs recently and want to build a more reliable watchlist. Ideally looking for stocks in the $20 to $80 range, with stable fundamentals, decent liquidity, and moderate volatility. Open to any suggestions. Thanks

    your favourite ticker for cash-secured puts?
    byu/fratrovimtd inoptions



    Posted by fratrovimtd

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    22 Comments

    1. Junior-Appointment93 on

      No clue sorry. I’m barely working with a $2100 account right now. I do like Opendoor the $4-4.50 CSP are good.

    3. fungoodtrade on

      in that range I’ve been selling sofi 24s,25s, hims 40s weeklies. HOOD has been the best payer though by far for me. 99s,95s,93s this week.

    6. sharpetwo on

      Everyone wants the perfect csp ticker but the truth is you are not picking stocks: you are picking volatility regimes.

      When you do them, you basically sell crash risk insurance. You want names where:
      – IV is rich relative to realized (variance risk premium exists).
      – Indeed, liquidity is deep enough to get fair fills.
      – Fundamentals are stable enough that a 30% gap does not wipe you.

      That usually points less to single names and more to index ETFs (SPY, QQQ, IWM) or liquid sector ETFs (XLF, XLK, XLE). You get diversification, tighter spreads, and you are not betting your account on whether some CEO go have a little fun with his head of HR.

      If you insist on single stocks do it data-driven: screen for names where put skew is elevated and the market is paying up for downside insurance. Starting by looking at how expensive IV versus RV is always a great place to start.
      If you can’t do it in a data driven manner, you need to sell CSPs when the market is paranoid, not just because a stock sits on a watchlist. But if the market is paranoid, the risk is also probably there for a reason….

      The edge in csp is not “finding the magic ticker.” It is in position sizing, premium vs risk.Then comes discipline on rolls/exits. But without that, the ticker list does not save you.

      Good luck.

    8. Low_Thought_8633 on

      $HOOD, $NBIS, $CAVA and if you are into more risk/reward, checkout $ROOT and $TSSI monthly’s on red days.

    10. master_perturbator on

      I’m running the wheel on qbts.
      But I want to own as many shares as I can.
      So I’m buying shares with all premiums collected each week.

    13. Mouse1701 on

      Jet Blue stock. Everyone flies airlines. The stock is worth less than $6. I figure at this price I can cash flow for as long as they dont fall out of the sky and crash.

      They basically have to file for bankruptcy and be delisted in order for you to lose.

    20. Turbulent_Cycle_7757 on

      GRRR has been consistent all year. The one time I was assigned, it jumped $4 and I made a great gain.

      Premium is good on most weeklies and it trades in a predictable range, although the stock itself has some irrational and spastic moves.

      The GRRR community on Reddit has to be some of the most jaded and weary stockholders in yhe market

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