/biz/ - Business & Finance

>>19896362
top 10% lists on ToS are you friend.
basically you're looking for high volatility to sell inflated options which will get IV crushed in a few days.
i check these lists every day for theta plays or companies that are in a bullish trend but had a big selloff recently.
either way to be on this list they had a lot of movement, which means they have a lot of implied volatility, which means their premiums are stupid high.
PLUS there's TONS of stocks on there with share prices less than 10, which is the best way to get juicier premium/covering-cost ratios.

for instance i sold a DGLY 2.5p for $250 when it was at 2.7 after that first big pump. insane.
also do a little bit of math and don't be afraid to sell ITM options that you think will go out of the money. ITM always has higher premiums which will collapse if it moves OTM.

but yeah i start everyday pouring over the top 10% lists looking for cheap stocks with options available.