Crazy high return on this new naked put investement in the I'm Loaded #1 account
While I am on the subject of selling put options; I see that you are always selling these put option contracts on stocks that have risen in price like JCP or on stocks that are well off their lows.
PUT options should only be sold on stocks that have pulled back in price, hit a bottom, have become very undervalued, have a sound business and the theoretical value of the options is much less then the trade price for the options being sold.
It is very clear that you do not know what you are doing!
I look at the reward/risk ratio. It doesn't matter to me if the stock has recently risen or not when I can get a return of over 30% on a $26 stock and I'm selling TEN-strike naked puts and the low for the year on the stock is around $18. This is an absolute gift and I'm not about to turn down such things for my clients.
My record in non-crash markets speaks for itself. I don't think there's a person in the country that can match the returns that I am achieving these days and I'm achieving them on the safest of investments to boot.