By Steve Liguori, Instructor - Course Developer

Cash Secured Puts Made Easy

Language: English
All Levels

Course description

An Easy to Use Options Strategy that can Generate Passive Income and Allow You to Buy Stocks on Sale!

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!

Related Skills

Course overview - 19

  • Cash Secured Puts Explained

  • Looking For Positions I Would Not Mind Owning

  • How Much Credit Should I Try to Get?

  • Trading Plan - Cash Secured Put Strategy

  • Setting Up 5 Trades to Track

  • Setting up 5 Trades to Track - Status After Two Weeks

  • Setting Up 5 Trades to Track - Status - Day Before Expiration

  • Results of April 2021 Expiration Cash Secured Put Positions

  • May 2021 Expiration - Setting Up 5 Trades to Track

  • May 2021 Expiration - Screenshots After 7 Days

  • May 2021 Expiration - Status After 21 Days

  • May 2021 Expiration - Recapping the 5 Trades

  • CSCO Cash Secured Put Example - Trade Opened

  • CSCO Trade Status After One Week - Adjustment Choices Evaluated

  • CSCO - Trade Exit and Discussion

  • PFE Trade - Adding Downside Protection - What's the Tradeoff?

  • PFE Trade Status and Adjustment Discussion

  • PFE Trade - Exit and Discussion

  • Thank You and Good Luck

Learners who have already enrolled in this course

Meet your instructor

Steve Liguori
Steve LiguoriInstructor - Course Developer
A Tale of Two Careers…  Steve is a Stock and Options Trader for over 19 years and an Instructor, Coach and Mentor for most of his life. He is the Founder and Options Coach/Mentor at Blue Chip Trader Development and is available to answer your questions as well as provide One-on-One Online Personal Coaching Sessions.    Steve's mission is to assist new and experienced Stock and Options Traders in realizing their own potential.  He focuses on the mental aspect of trading, as well as strategies and skills and has an intuitive way of connecting with students to pinpoint the factors that are preventing them from succeeding.    Steve brings to the table an unprecedented passion for teaching.    Years of Coaching new and experienced Traders has given Steve the understanding of what struggling traders need most; Clear explanations of the Processes that will lead them to the Success they are looking for in their Trading.     Steve is also an ASE Certified Master Automotive Technician for over 35 Years. Back in the Day, He was the “go to” guy for vehicles that no one else could fix, as well as a Shop Foreman and Instructor of fellow technicians.   After 26 years specializing in Diagnosing Electrical and Electronics Systems, Steve made the move to Automotive Instructor and spent the next 10 years at a Technical School in NY. There he received a Recognition Award as Top Instructor.  Steve teaches in a way that lets the students realize “they can do this”, not how hard it is. He is passionate about teaching and takes pride in every light bulb he can turn on.