What this is

I sell cash-secured puts and run the wheel on quality names I am willing to own. AlpsIncome is the public log of that work.

Each week I publish what I opened, what I closed, what got assigned, and what I refused. The rules stay written. The losers stay in the record.

• Real trades: only fills that already happened

• Real P&L: premium taken, not a marketed yield

• Real mistakes: the weeks that went wrong stay published

Latest writing

Getting Paid to Make an Offer: The Cash-Secured Put, Explained

Jun 20, 2026

From the core idea to your first order in Interactive Brokers — a complete, no-hype walkthrough.