CALCULATE YOUR CASH AND BUILD A PUT-SELLING PLAN
You have freed up cash. Now every dollar needs a job before you place a single trade.
The math
For every roughly $10,000 in cash, you can sell approximately one put on a $100 stock. Know your number before you trade.
Double duty cash
Park everything in SGOV or BIL immediately. Do not let it sit idle.
SGOV and BIL are not just a parking spot. When they back your short puts they are earning yield AND serving as collateral. That is your money working twice at the same time.
Build your target list
Pick 3 to 5 Grade 1 stocks where you would be happy owning 100 shares at a slightly lower price. For each one write down:
- The stock
- The target strike
- The expiration
- How much cash it requires
Do the math before you place the trade. Always.
✅ACTION STEP: Count your available cash after cuts. Park it in SGOV or BIL today. Then identify 3 Grade 1 stocks from your graded list. Write down the strike, the expiration, and how much cash each trade requires. Come back with the math already done.