In my 48-Hour Income service last week, we sold a cash-secured put on solar energy company, Canadian Solar (CSIQ).
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.
CSIQ put premiums were elevated at the time due to upcoming earnings.
The share price barely moved after earnings, and we were able to collect the full premium on our puts without any stress.
Those who sold the puts made roughly 1.6% on the trade in just about two days.
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This post was originally published on InvestorsAlley
