Get paid to wait for the stocks you want — at the price you want
Selling cash-secured puts means collecting premium while you wait to buy great stocks at a discount. The screener finds the puts worth selling so you don't have to dig through chains all day.
Free to use. Built by option sellers who got tired of doing this by hand.
| Symbol | Price | Strike | DTE | Premium | Yield | Ann. | Δ | IV |
|---|---|---|---|---|---|---|---|---|
| AAPL | 212.40 | 200 | 30 | 2.85 | 1.43% | 17.3% | 0.26 | 24% |
| SCHD | 27.90 | 27 | 38 | 0.41 | 1.52% | 14.6% | 0.24 | 15% |
| AMD | 168.20 | 155 | 28 | 4.20 | 2.71% | 35.3% | 0.29 | 43% |
| SOFI | 14.60 | 13 | 31 | 0.58 | 4.46% | 52.5% | 0.30 | 61% |
| GOOGL | 182.10 | 175 | 33 | 3.10 | 1.77% | 19.6% | 0.28 | 26% |
What a cash secured put screener actually does
Selling a cash-secured put is a promise: you set cash aside and agree to buy 100 shares of a stock at a strike price you choose. In exchange, you collect premium up front. If the stock stays above your strike, you keep the premium. If it drops, you buy a stock you already wanted — at a discount to today's price.
The catch is the same as covered calls: there are millions of contracts, and the trades worth taking are buried. A cash secured put screener scans the whole market and surfaces only the puts that match the yield, risk, and timeframe you're after.
Instead of opening chain after chain, you ask one question: "show me puts paying at least 1.5% in under 35 days, on stocks I'd genuinely like to own." The screener answers it.
Anatomy of the screener
One screen, no clutter: set your filters on the left, read the ranked results on the right. The numbers are plain-spoken, not academic.
- 1
Yield & annualized return
Sort by premium yield or annualized return to find the most efficient income for the cash you set aside.
- 2
Delta filter
Delta is roughly your chance of being assigned. Most sellers sit between 0.20 and 0.30 — enough premium, sensible odds.
- 3
DTE window
Weekly cash flow or a relaxed 30–45 day position — choose the days-to-expiration range that fits you.
- 4
IV rank
Sell when fear is priced in: high IV rank means the premium is rich versus the stock's own history.
How it works
Four steps, about a minute, from blank screen to a put you'd be happy to get assigned on.
- 01
Set your filters
Define a good CSP: target yield, delta, DTE, and IV rank. Save it as a preset so it's ready every morning.
- 02
Scan the market
The screener checks millions of put contracts and returns only the matches, ranked by what matters to you.
- 03
Compare the shortlist
Read premium, yield, annualized return, delta, IV, and probability of profit together — then pick a strike you'd happily buy at.
- 04
Sell and track it
Place the trade, then log it in the Trade Tracker to follow premium, assignment, and your wheel as it turns.
What's under the hood
Everything you need to sell puts deliberately — nothing you need a textbook to use.
Whole-market scanning
Millions of put contracts across thousands of tickers, refreshed daily, scanned in seconds.
Yield & annualized return
Income shown as a percent of the cash you secure, and annualized so trades compare fairly.
Greeks that matter
Filter by delta to control assignment odds and let theta decay work for you.
IV rank & implied volatility
Find names where put premium is genuinely rich relative to their own history.
Probability of profit
A clear read on how likely the put expires worthless (you keep the premium).
Fundamental filters
Screen by market cap, P/E, and more so you only sell puts on companies you'd want to own.
Saved screeners
Keep your favorite setups a click away — your strategy, ready when the market opens.
Liquidity checks
Open interest and volume up front, so your fills stay clean and tight.
Who it's for
First put or thousandth, the screener fits your level.
Building a first position
You want to own a stock but not at today's price. The screener finds lower-delta puts that pay you to wait, with the numbers explained as you go.
Starting the wheel
The classic wheel begins here: sell a cash-secured put, collect premium, and either keep it or get assigned shares you wanted anyway.
Income on idle cash
You've got cash earmarked for entries. Saved screeners turn it into a steady premium engine without hours of chain-flipping.
Pairs well with
Free, live-data tools that sharpen your cash-secured put decisions.
Questions sellers actually ask
It filters option chains across the whole market to surface cash-secured put opportunities that match your criteria — yield, delta, days to expiration, implied volatility, and probability of profit — so you skip the manual ticker-by-ticker search.
Yes. The cash secured put screener is free to use with daily results across millions of contracts. Saved screeners and alerts come with a paid plan.
Strike price times 100. A $50 strike requires $5,000 set aside per contract. That cash is your collateral and what you'd use to buy the shares if assigned.
Most wheel sellers target 0.20–0.30 delta. Delta roughly approximates assignment probability: lower delta is safer with less premium; higher delta pays more but raises the chance you buy the shares.
You buy 100 shares per contract at the strike and keep the premium you collected, which lowers your effective cost basis. From there, many sellers sell covered calls against the shares — that's the wheel.
Implied volatility (and premium) is usually high before earnings, but so is the risk of a big move. Use the IV rank filter and the earnings calendar to decide deliberately rather than by accident.
Ready to get paid to wait?
Open the screener, set one filter, and see what the market will pay you to buy stocks at your price. It's free and takes about a minute.
Open the Cash Secured Put Screener