Why I Sell Puts on Dividend Stocks (And How I've Booked 55 Winners)
Most options traders lose money chasing momentum plays and 0DTE lottery tickets. I took the opposite approach.
For the past year, I've been running a simple system: sell cash-secured puts on quality dividend stocks when the premium is right. No exotic setups. No guessing. Just math.
The numbers so far:
55 booked winners
33% average annualized return
18 days average time in trade
The edge isn't complicated — it's discipline. I scan for stocks where the market is overpaying for downside protection. If I get assigned, I'm buying a company I'd own anyway at a discount. If I don't, I pocket the premium and move on.
Recent example: A TGT $100 short put that delivered 35% annualized in 13 days. The thesis was simple — Mr. Market was paying us to bet that Target wouldn't drop below $100.
I also layer in SPY credit spreads when volatility is elevated and run LEAPS + PMCC overlays for longer-duration income.
If you're tired of the casino and want a system that generates weekly income on quality names, this is what I built the Options Monitor Income Club around.
