No. of Recommendations: 1
I'm not sure if I am following how you do this correctly, are you selling cash secured puts both above and below the current strike price?
For example, today 25/Aug/2026, GOOGL is trading at 347.3
The 355 Oct PUT is 18.45/18.70, assuming I can sell it for 18.55, I would have to put up 355-18.55=336.45, with a theoretical return of 5.5% if GOOGL closes at or above 355 on 16/Oct.
The 335 Oct PUT is 9/9.2, assuming I can sell it for 9.1, I would have to put up 335-9.1=325.9, with a theoretical return of 2.7% if GOOGL closes at or above 335 on 16/Oct.
Now, of course, this is only from now until 16/Oct, so the annualized return would be much higher. Is this what you are suggesting?
-_G