How to make more money selling secured put options

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I am just sharing part of what I do. This is not a recommendation and you should do thorough research to avoid losses. Investing/trading comes with rewards but also with risks. If you are going to invest, use discretionary money.

I have been doing a lot of put options with great results. Having a strategy is always the best path to follow. And I will tell you about my strategy, hoping you can also take advantage of it. If you can improve it, please let me know. With my strategy, you can do up to 5.5% more than simply put option strategy. You will have to read until the end to understand the full process. Keep in mind that this strategy may work only with certain brokers since you will need to be able to use margin (don’t worry, you are not going to risk anything)

Let’s start with the basics.

1 — What is selling a put option?

You can skip this part if you already know how you make money selling put options, but if not. Let me tell you that when you sell a put option. You are acquiring the obligation to buy a security if it reaches or goes below the strike price set in the contract in exchange for a premium during a certain time, meaning that there is an expiration date for the contract. Each contract consists of 100 shares of the specific security.