Put selling 101:
Considering selling a put? Just like long stock it can be good to do this on a pullback
Aim for 40-50 days to expiry. Theta decay will thank you
I like selling approx 15-25 delta
Look to close at 50-80% profit. Easiest gains vs risk.
pt.2




pt.2

Trade mgmt:
Generally don’t hold to expiry. If still like the position roll to next month (take in more
) >2 weeks to expiry
Price going against you? You can roll ‘down’ (lower strike) & out (further out expiry) for a credit, which reduces risk & lowers break even






Eg. “I’m bullish on NET so I’ll sell a $65 put as I’d like to own shares at this price”