How to Use My Naked Puts Spreadsheet
I posted a new video this afternoon on how to use my naked puts spreadsheet. This spreadsheet compares naked put option choices. My videos will show this spreadsheet whenever I write naked puts and figured it made sense to get this explanation out there before I start posting actual trade videos. Hopefully, I’ll get my first trade in this week in my new account since the check is scheduled to clear on Thursday. Even if today’s slide continues into Thursday, I think it’ll be a good time to start rebuilding my account, actually even moreso if we can get a few more days trading lower to help my entry points.
For those of you who downloaded one of the previous versions of this spreadsheet, this isn’t much different, but has some subtle changes that make it better (maybe I’m biased). If you’ve already tweaked an earlier version, I doubt it’s worth replacing it and having to make updates again. If you aren’t using a spreadsheet to compare your naked put choices, this is a great starting point (OK, I’m very biased).
You can find my new naked puts spreadsheet and a couple of other useful ones on my Excel spreadsheets for option traders page. And here’s the video of how I use it: