In our 48-Hour Income service last week, we sold a put on insurance software company Ebix (EBIX). For 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. EBIX had recently missed on earnings, so its puts appeared to be overpriced. We chose a strike that gave us a reasonable amount of downside cushion, while also generating roughly 2.4% returns in around 2 days.