How To Pick The Best Stock For Option Selling

One of the questions that I receive all the time is how exactly do I find the best stocks that I want to sell put options on?

And this is what I want to show you right now.

For the past few weeks, I have been selling puts and it has been working really, really great.

When selling puts, I have my own checklist.

Checklist: Picking The Best Stock For Option Selling

Here you see the checklist with the 15 points to picking the best stock for option selling.

One of the first things that I’m looking for is volatility since I’m selling options.

When selling options you want to have a lot of volatility because this is when the premiums are high.

So I want to see that this stock shows up on the TradingView hotlist for a few days.

I want to show you exactly how I’m doing this, and then also I’d like to look for stocks that are relatively cheap between $20 and $50.

I need to make sure, especially when selling puts, that I’m okay owning the stock at the strike price for a long term hold.

So as you can see, it is a 15 point checklist that I have here and today I want to walk you through these…