Last week, in my 48-Hour Income service, we sold a cash-secured put on financial services company, B Riley Financial (RILY).
In 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.
RILY has sold off in recent weeks due to a short attack…
As such, put premiums in RILY options have become (and remained) elevated.
While this trade moved against, we decided to take assignment of the shares in order to turn the trade into a covered call, as call premiums are attractively priced for this strategy.
Is this the single most effective way to generate reliable income from options?
According to a former Chicago Exchange floor trader... There's no question about it. Because his new income system has thrown off 36 winners out of his last 41 trades... that's an 87% win rate!
And each winner pays you up to $360, $390, and even $405 in extra income every week...
The best part is that the trades are opened on Wednesdays and closed by Friday's market close. Easy income in less than 48 hours.
Follow this simple 3 step "48 hour income" checklist to get your first trade on Wednesday. Click here for details.
