The Short Put Income Mastery
About Course
The Short Put is the “Golden Strategy” for the patient investor. It allows you to get paid cash today for making a simple promise: “I will buy the S&P 500 if it drops to a certain price.” If the stock doesn’t drop, you keep the cash. If it does drop, you buy the stock at the price you wanted anyway, but you keep the cash as a “discount.” In this course, we move away from individual stocks and focus on the S&P 500 (SPY)—the 500 largest companies in the US—to ensure your safety and diversification.
What Will You Learn?
- 1. The "Insurance Seller" Framework
- Why we sell puts on the SPY instead of volatile individual stocks.
- Choosing your path: The Cash-Secured Put (Buying shares) vs. the XSP Advantage (Pure cash-settled income).
- 2. The 90% Probability Math
- Understanding Downside Leeway: How the SPY can fall by 7% and you still make a full profit.
- Calculating your Breakeven: Strike Price minus the Premium ($640 - $4.68 = $635.32).
- 3. Selling When "Fear" is High
- The IV Rank Filter: Why we only sell when the IV Rank is > 50%.
- How to use market fear to demand a higher "rent" check from the market.
- 4. The "Income Greeks"
- Delta (-0.15 to -0.20): Picking the high-probability "sweet spot."
- Theta: Your daily paycheck. Watching $11.00 per day melt into your account just for waiting.
- 5. Professional Trade Management
- The 75% Harvest Rule: Why we close for a winner early to protect our gains.
- The Rollout Protocol: How to move the trade to the next month if the SPY tests your strike price.
Course Content
1. The Income Engine (The Short Put)
-
Lesson 1.1: Introduction – The Promise Strategy
-
Lesson 1.2: Understanding the SPY (The Market’s ‘Greatest Hits’)
-
Lesson 1.2: The SPY “Discount” Example (The Math)
00:00
2.The Safety Buffer and Probability Edge
-
Lesson 2.1: Downside Leeway (Your 7% Cushion)
-
Lesson 2.2: The Probability of Profit (POP)
00:00 -
Lesson 2.3: Understanding Margin (The Deposit)
-
Lesson 2.4: The ‘Red’ vs. ‘Green’ Reality (Patience is Profit)
3. The Greeks (Delta, Theta, and Vega)
-
Lesson 3.1: Delta – Your Probability & Directional Risk
00:00 -
Lesson 3.2: Theta – Your Daily Paycheck
-
Lesson 3.3: Vega – The Fear Factor
00:00 -
Lesson 3.4: The VIX – Your Profit Multiplier
-
Lesson 3.5: IV Rank – The ‘Is it Expensive?’ Filter
4. Entry & The ‘75% Harvest’ Rule
-
Lesson 4.1: The Professional Entry Checklist
-
Lesson 4.2: The 75% Harvest Rule (Don’t Be Greedy)
-
Lesson 4.3: Placing the Trade on IBKR
00:00
5. Trade Management & The ‘Rollout’ Protocol
-
Lesson 5.1: The 2% Rule (Knowing When to Act)
-
Lesson 5.2: How to ‘Roll’ for a Credit
-
Lesson 5.3: The ‘Assignment’ Choice
-
Lesson 5.4: The Expiration Playbook & Risk Warning
00:00
6. The Defensive Put-Seller’s Playbook
-
Lesson 6.1: The Strategy Engine (The 7% Rule)
-
Lesson 6.2: The Triple-Lock Defensive System
-
Lesson 6.3: Choosing Your Vehicle (High-Octane vs. Sleep-at-Night)
-
Lesson 6.4: Statistical Stress Test (Proof of Concept)
-
Short Put Quiz
7. Course Graduation & Your Income Roadmap
-
Lesson 7.1: The Short Put & Defensive Summary
-
Lesson 7.2: Where to Go From Here?
Student Ratings & Reviews
No Review Yet