PROLead story · #howto
How to roll a cash-secured put (and when not to)
Rolling a cash-secured put means buying it back and selling a later one, often at a lower strike. The 7 steps, the real math, and why a roll credit isn't profit.
Topic desk · #csp
7 playbooks filed under #csp, newest first. Each tip shows the strike, the credit and the exit. The teasers are open; the full math unlocks with PRO.
Playbooks on this topic
7
Tagged #csp
Photo: Yair Haklai / Wikimedia Commons, CC BY-SA 4.0. Cropped, resized and compressed; adapted image licensed CC BY-SA 4.0.
Last 24 h
4
New trade ideas
This week
24
Trade ideas in 7 days
Published
233
Every tip since launch
Academy
59 lessons
The wheel, step by step
01
7 articles tagged #csp
PROLead story · #howto
Rolling a cash-secured put means buying it back and selling a later one, often at a lower strike. The 7 steps, the real math, and why a roll credit isn't profit.
PROThe September 4 snapshot illustrates an ••• AMZN ••• put with ••• credit math and an ••• breakeven cushion. The historical three-month IV norm and confirmed earnings date are unavailable; this is not a fully qualified entry setup.
PROA beginner-friendly review of one liquid cash-secured put from Eddie's watchlist, including technical, volatility, valuation, catalyst and assignment-risk checks.
PROA beginner-friendly review of one liquid cash-secured put from Eddie's watchlist, including technical, volatility, valuation, catalyst and assignment-risk checks.
PROWhy Micron led Eddie's watchlist in this afternoon's review, and why assignment capacity and memory-cycle risk matter more than the headline yield.
PROYour cash-secured put is in the money with expiry days away. Do you roll it, take assignment, or close for a loss? This checklist walks through the three exits, the net-credit rule, concrete roll mechanics with per-share numbers, and the red flags that mean you should stop rolling — so the decision is made by process, not by stress.
PROSelling cash-secured puts is a game you win by staying solvent through the red weeks. This premium tip lays out the sizing rules that matter most: capping collateral at ••• per underlying, limiting sector concentration to •••, holding a ••• cash buffer for assignments, and measuring risk in delta-adjusted dollars instead of contract count — all applied to a fully worked ••• portfolio example.
02
Pro Tips assume you know the wheel. These take you there, starting free.
03
One YieldCove PRO plan opens every Pro Tip, all research and the live Signals feed.
This area is part of a YieldCove PRO membership. Members find it unlocked here as soon as they sign in.
Every premium playbook from the desk, plus the live Signals feed — in one PRO plan.
Already have an account? Sign in
Rather learn it with a person? 1:1 coaching with Eddie starts at $89/month, PRO included. Explore coaching
Secure checkout via Stripe · Cancel anytime
04
The rest of the newsroom: wheel lessons, how-to guides and the freshest research.
Latest news
All newsFree forever
The wheel tracker is free: every put, call and assignment in one running P/L, with Invest, Budget and a Trading journal beside it.