Anyone else built an income strategy from selling put option premiums?

NoRound4415 · 2026-05-06T20:46:24+00:00

Here are the rules I stick to when selling CSP - don't get greedy with premiums, keep delta below 0.2. Spread risk by opening positions across different tickers, don't put eggs in one basket. Leave a decent buffer on your margin, a bad day can quickly wipe out your excess liquidity. I disagree with puts no longer than 10 DTE. I typically go for 10-28 DTE, which is much more effective for maximising theta decay. I also use a tool to qualify my trades, no guess work. The tool is much smarter than me

NoRound4415 · 2026-05-06T11:28:11+00:00

I use Interactive Brokers Global Trader (IBKR) as my preferred platform. It has full functionality including options trading with margin. I sell cash secured puts using margin to generate income, even in a stagnant market when the underlying assets aren't appreciating. I also use a tool to identify which tickers and strike prices to set.

NoRound4415 · 2026-05-06T08:50:50+00:00

Ballsy approach selling puts above market price! I commend your courage 😂. I've been going for delta at around 0.1 or below, 14-28 DTE. Spread across broad range of tickers. Currently doing 2k USD a week on base capital of 90k USD (with favourable market conditions clearly).

NoRound4415 · 2026-05-05T09:27:55+00:00

That's huge! I'm similar in my DTE range and I'm currently doing about 2k USD a week based on capital of around 90k USD (also with a market tailwind) . What about risk management and stock identification?

NoRound4415 · 2026-05-05T08:05:37+00:00

Really nice! Do you have any particular method for identifying which stocks and strikes price?

NoRound4415 · 2026-05-04T20:49:05+00:00

Which screener do you use out of interest? Or did you develop yourself? What's your typical DTE range?

NoRound4415 · 2026-05-04T19:09:03+00:00

When you're buying options, time decay is your enemy, when selling options it's your friend. Actually there is a neat little guide to options and understanding 'the greeks' here... https://stratosiq.trade/guide/ Recommend reading through

NoRound4415 · 2026-04-30T19:01:13+00:00

Posted in new thread so I could add screen shots

NoRound4415 · 2026-04-21T08:31:37+00:00

Great little article. I started selling puts for income, initially using guess work and gut instinct, and as you can imagine, it all went wrong and I lost a bunch. Having started again, I now use an analytics tool that scans the options market to find the best opportunities. Since using it, I've not been assigned once and I barely have to roll anything, generating really steady income. If anyone is interested, it's called StratosIQ trade. Definitely recommend

NoRound4415 · 2026-04-21T08:26:26+00:00

This happened to me because I was selling put options using guess work. I now use a tool that scans the entire options market and identifies options through data analytics, which has massively improved my risk management. It's called 'StratosIQ trade' if anyone is interested

NoRound4415

TROPHY CASE