How to Buy Stocks for Less Using a Cash-Secured Put (Explained in Yiddish)

If you’ve ever wanted to own a stock — but only at a lower price — there’s a powerful strategy that can help: it’s called the cash-secured put.

This strategy lets you:

• Collect cash today
• Commit to buying the stock only if it drops
• Own the stock at a discount if assigned

It’s ideal for patient investors who want to build positions slowly and smartly.

💼 Here’s How It Works:

Let’s say Apple is trading at $180.

You’d like to buy it — but only if it drops to $170.

Instead of placing a limit order, you sell a put option at the $170 strike, and get paid $3 per share (=$300). You also set aside $17,000 in your account in case you need to buy the stock — that’s what makes it “cash-secured.”

✅ Two Possible Outcomes:

Stock stays above $170 

• The put expires worthless
• You keep the $300
• You don’t buy the stock — but you still made money

Stock drops below $170 

• You get assigned the shares at $170
• But you keep the $3 premium — so your effective cost is $167
• You now own the stock you wanted — for less

📈 Why Investors Use This Strategy:

• You get paid to wait
• You stick to your price
• You avoid buying in a panic
• You build positions with control and discipline

This is one of the most effective and beginner-friendly ways to use options safely — and now you can learn it all in Yiddish.