Selling Cash Secured Puts

Selling a cash-secured put is getting paid to agree to buy at a price you are satisfied with.
When to use this strategy: When you're bullish long-term on an asset, but you don’t want to pay the current market price for it.
  1. 1.
    You get paid the option premium upfront.
  2. 2.
    You can reinvest the cash from the premium immediately.