The Cash Secured Put Strategy is a great strategy where you want to buy a stock or a group of stocks, but you want to buy them on sale.
Maybe you like a stock and you feel it has moved up too high and you are waiting for a pull back. Or maybe you feel a stock is beaten down and it is ready to turn around. In either case, you are bullish on the stock in the long term.
The Cash Secured Put Strategy will let you take in a credit by selling a Put, and if the stock goes down below the strike price of the Put that you sold at expiration, you get the stock on sale at the price you wanted.
And, if the price stays above the strike price of the Put you sold, you get to keep the credit you received when you put the trade on.
The good news is no matter what happens, you should be okay with the result.
Where traders go wrong is they put on too large of a size position and they say they would not mind owning the stock, but when the stock moves down a little, they start to panic, because they are in too large of a position for their current comfort level or they really did not want to own the stock.
Join me, Steve Liguori, for this informative course on how to utilize the Cash Secure Put strategy to generate monthly credits to your account. You can also buy stocks on sale at the price you are willing to pay!
But wait, this course does not stop at the easy version of the strategy. There are many other tips and ideas provided that explain other ways to use the strategy, and the adjustment choices that you can make if you decide you are ready to kick it up a notch.
Risk Pictures and Trade Examples, including Setup and Analysis from start to finish are explained in detail in this course.
The time is now to add this strategy to your trading arsenal!
Let’s get started!