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 become volatile in recent weeks after announcing write-offs of bad debt.
As such, put premiums in RILY options have become (and remained) elevated.
The stock never came close to our strike price, so we were able to capture about 2% returns in around 2 days.
If you want more stock income, but don’t want a second job analyzing charts or waiting months for a dividend, this 48-hour strategy is for you. It can generate up to $14,592 per year, takes just a few minutes each week, and is as easy as buying a dividend stock. Click here to see how this 48-hour strategy works now.
