How I achieved 950% growth by selling options

After many years of trial and error, I discovered that selling options, specifically cash secured puts, works best for me. My strategy involves selling puts on a specific basket of assets that I've grown to understand deeply.

I focus on extracting as much premium as possible from the stocks rather than taking assignment. The basket of stocks I've been trading mostly over the past 1.5 years consists of blockchain stocks like MARA, RIOT, and CLSK. These stocks often trade in a range, and with the right approach, you can anticipate when a breakout is near and potentially take assignment to maximize profits.

Risk is always present. These stocks can and do fall significantly when they drop. However, there are various ways to mitigate this risk. The main reason I've been following this strategy is my bullish stance on Bitcoin having bottomed and starting its run. I firmly believe the current run is far from over.

Blockchain stocks offer high implied volatility, making their options expensive and very profitable to sell. This high volatility is a key reason why selling options on these stocks has been so successful for me.

I typically close my positions early if I achieve at least 50% profit in a day or two. I prefer selling options that expire in about one week because I find the premiums to be the most convenient. Two weeks to expiry is also acceptable, but anything beyond that doesn't seem worthwhile to me.

Since I started focusing full-time on this strategy, my account has grown by about 950%. This growth came from repeatedly trading the same set of stocks, which, if you look at their performance over the past year, have barely moved at all. This consistency has allowed me to understand their patterns and optimize my trades.

I'm starting this newsletter to share with you my journey, my trades, my thoughts, and also provide daily market updates. If you're interested in learning more about how this strategy works and how I operate, subscribe to this newsletter. Together, we can navigate the world of options trading and maximize our profits.

Have a great day!