Cash secured puts have an EXPENSIVE price tag nobody notices. Say you keep $150,000 in cash securing trades. That's the going rate for a decent sized options income strategy according to "gurus" online. That $150k earns you the premium & nothing else. If it had been in index funds instead, at what the market's averaged, you'd have made tens of thousands more per year on the exact same trades. Over a decade that gap is life changing money. & here's the thing. It never shows up as a loss. There's no red number. No statement line. It's just returns that quietly never happened. That's why the strategy stays popular for 20 years. The cost is invisible. My collateral is my $VOO & $QQQ. Same trades, same premiums, & the money never sits out. The portfolio secured put will change your live.