Tool guide
Cash-Secured Puts
Puts you would be happy to be assigned on, ranked by weekly return on capital with probability of profit and breakeven precalculated.
Open the tool →What it is
Finds optimal stocks for income generation via put selling, targeting 1%+ weekly return on capital. Puts you would be happy to be assigned on, ranked by weekly return on capital with probability of profit and breakeven precalculated.
The scoring
Score formula: (ROC/Week × 20) − (RSI × 0.1). High ROC/wk = high income. Each result shows: strike, premium, annualized return, EdgeScore, plus P(Profit), breakeven cushion, delta and DTE.
How to use it
Set your price range, max capital, and IV band using the filters. One-tap presets: 1%+ weekly ROC, high IV, clear earnings. Only sell puts on stocks you want to own — if you get assigned, you now own 100 shares at the strike price (minus the premium collected, which reduces your cost basis). If you get assigned, sell covered calls and keep the wheel turning for income.
Ensure capital to buy 100 shares. Start with higher strikes/safer margin until you are comfortable with the strategy.
Watch it
Concepts used here
- Return on capitalWeekly premium collected divided by collateral at risk — the income metric for put sellers.
- AssignmentWhen a short put expires in the money and you are required to buy 100 shares at the strike.
- Implied volatilityThe market's expectation of future movement, baked into the option's price.