โ† All verdicts
Verdict: No

Can you make 50%/yr selling far-out-of-the-money puts on index ETFs?

3.5%/yr
best available on SPY at a 20% cushion

The two halves of the idea contradict each other. A 20% cushion on an index pays almost nothing: SPY 3.5%/yr, QQQ 1.8%, IWM 1.5%. A rule that refuses anything under 50% therefore places zero trades on every index ETF. Only the 3ร— products quote those yields โ€” TQQQ ~25%, SOXL ~69% โ€” and there the cushion is the thing that gets eaten.

Tested on: Real quotes, 130 pre-registered configs on SPY/QQQ/IWM/TQQQ/SOXL ยท Published: 2026-08-28

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