Cash Secured Put Scanner
Cash secured put scanner to find premium income opportunities. Filter liquid puts by strike, expiration, IV, open interest, and yield.
Frequently asked questions
How is this different from just buying the stock?
With CSPs, you get paid premium while waiting. If the stock stays above your strike, you keep the premium without buying shares. If assigned, your effective cost is strike minus premium received.
What delta should I target?
0.25-0.35 delta provides a balance of premium and assignment probability. Lower delta (0.15-0.20) is more conservative with less premium.
How much capital do I need?
100 times the strike price. A $45 strike put requires $4,500 in cash. This capital is held as collateral until the option expires or is closed.