Just stop. The 18P is 7.4 x 8.8. Shares haven't moved since your post. And nobody is doing better than 20 cents off the bid.
I want to smack the OP of this thread. Nothing raises my red flags more than a DFM (Dumb-Fuck-Millennial) making yet another trading video on how you can make a perpetual money-making machine by simply doing a variant of the wheel strat. There used to be an infinite amount of grifters in the 70s pushing this by selling you various CRAPs schemes to bankrupt your local casino. Times have changed, the grift hasn't. I got as far as this DFM stating how he makes 50K a month... (Yes, per month), so he can use that to pay down margin. Okay.... so the dividends alone are pulling in well over half a million a year. Why the hell is he plastering a @gmail.com account all over the screen? LOL The rich guy can't even afford his own domain address? You can't make this shit up... It's nice and all he's just giving away his perfect strategy out of the goodness of his heart and all... but no, I won't be going into his discord or signing up for any of the grift. Stop wasting your time trying to decipher these BS trades. They don't make sense because it's a bunch of bunk.
NO!! The deeper itm an option is, whether it's a put or a call, the more expensive its price. When an option is itm, that's instant profit, why would it be cheap?? I dunno what you are talking about.
There is nothing "perfect" about his strategy. It's just a synthetic naked short put. If he just shorted a put naked, he would've gotten the same payoff.