/biz/ - Business & Finance

>>19360760
step 1: open top 10% lists
step 2: look for stocks with share price of ~$3-5
step 3: see if those stocks have options (maybe 7/12 will)
step 4: sell a cash covered put on one you're generally bullish on
step 5: profit - with the recent big move volatility is sky high and on your side.
sold pic related today and it's just bonkers the more you think about it.

yeah so i'm definitely gonna start making it a habit of doing the top 10% gainers and looking for cheapies that have options available