Covered Puts
Covered Put Risk Explained: Why the Loss on the Upside Is Unlimited
A covered put caps your profit at the strike and leaves your loss open ended if the stock rallies. See the payoff math, the hidden costs, and the fixes. […]
Blog
Covered Puts
How to Close a Covered Put: Every Exit and What It Costs You
A covered put has four real exits, and each one costs something different. See what you keep, what you owe, and how to pick the right close. […]
Comparisons
Covered Put vs Protective Put: Opposite Trades With Confusingly Similar Names
A covered put is bearish and a protective put is bullish insurance. Learn the exact mechanics, risk, and cost of each so you never mix them up again. […]
Covered Puts
What Is a Covered Put? The Bearish Strategy Most Sites Explain Wrong
A covered put is short stock plus a short put, not a cash secured put. See the real mechanics, the unlimited upside risk, and when it fits. […]
Analysis
WhaleWatch Daily — July 02, 2026: 7 Options Setups to Watch
WhaleWatch scans the options market every morning for defined-risk setups worth a look. Today: 7 setups across calendar spreads, credit spreads, and dividend capture — all computed from live market data. Educational only; see the […]
Covered Puts
Assignment on a Cash Secured Put: Exactly What Happens Next
Assigned on a cash secured put? Here is exactly what hits your account, what your real cost basis becomes, and the three choices you have next. […]
Covered Calls
Covered Calls in a Down Market: What to Do When the Stock Drops
Your covered call stock is falling and you feel stuck. Here are the four calm choices you actually have, with the math to pick the right one. […]
Covered Calls
How to Choose an Expiration Date for Covered Calls and Cash-Secured Puts
Pick the right expiration for covered calls and cash-secured puts. See how days to expiration change your premium, effort, and assignment odds. […]
Education
Delta for Options Sellers: How to Use It to Pick Strikes
What delta means for option sellers, how it doubles as a rough probability of assignment, and how to use it to pick covered call and cash-secured put strikes. […]
Covered Calls
Theta Decay Explained: Why Time Is an Options Seller’s Friend
Learn how theta quietly pays option sellers every day, why decay speeds up near expiration, and how to use it to pick smarter strikes. […]