I was wondering if anyone here employs covered calls little brother, the much less known covered puts as a strategy? If so, how do you pick the stocks and what other criteria do you use? For those who don't know, a covered call is the opposite of a CC, short selling a stock while selling puts on it. Kind of works the same (but reverse) way too. You make limited money if the stock drops or stays level, and you are protected up to the premium if the stock goes higher. Currently AMZN's and TSLA's put premiums are giving 1%/week returns on the 42 days expiry, that is about 6-7% of the stock price.