Writing Naked Puts (The Best Option Strategies)

A Hands-On Guide to Profitable Put Selling for Bullish Investors

Are you tired of low-probability trades and high-risk option strategies? Writing Naked Puts by Mark D. Wolfinger offers a conservative, high-probability approach for investors and traders with a bullish outlook. This book strips down the complexities of options and focuses on one proven method: selling cash-secured puts for consistent, risk-managed returns.

Written by a seasoned options market veteran, this guide provides the practical knowledge and mindset required to confidently sell naked puts—turning potential stock purchases into income-generating opportunities. You’ll learn exactly when and why to use this strategy, how to manage risk, calculate return on investment, and what to do when trades go wrong.

Unlike typical “get rich quick” books, this is a no-hype, strategy-focused manual designed for traders who want results without gambling.

✅ What You’ll Learn:

• How naked puts work and why they offer higher win rates
• When to sell puts for stock acquisition vs. short-term income
• Margin and cash-secured mechanics with real trade examples
• Exit strategies, trade repair tactics, and expiration management
• Use of volatility, Delta, and pricing models for smarter decisions
• Why this strategy outperforms stock ownership in many conditions

💡 Key Benefits:

• Boosts portfolio income even in flat or mildly bearish markets
• Includes step-by-step walkthroughs for planning and executing trades
• Helps you avoid common option-selling mistakes
• Emphasizes capital efficiency and realistic returns
• Perfect for investors building long-term stock positions at a discount

👤 Who This Book Is For:

• Intermediate investors who already understand basic option mechanics
• Traders looking to shift toward conservative, probability-based strategies
• Portfolio builders aiming to buy stocks cheaper while collecting premium
• Anyone seeking to improve trade discipline, consistency, and return on capital

📚 Table of Contents:

Part I – Strategy Foundation

• 1.Who Should Write Naked Puts?
• 2.Strategy Objective
• 3.Strategy Description
• 4.Profit Potential
• 5.Risk Considerations
• 6.Margin Mechanics
• 7.Trading Expenses
• 8.Using Calculators

Part II – Execution and Risk Management

• 9. Let’s Make Some Money
• 10. Summary: Thought Process When Entering a Trade
• 11. What Can Go Wrong?
• 12. What To Do on Expiration Day
• 13. Conclusion