---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40096649.md"
description: "Sell Put players, I've had some new thoughts lately. Using probabilistic thinking + discipline, strictly control risks, and improve win rates. Looking forward to everyone sharing their experiences~First, three filtering systems.- Valuation domain: Dynamic P/E ratio (PE) < industry average × 0.8, P/B ratio (PB) < historical 30th percentile.- Quality domain: ROE > 15% for 3 consecutive years, free cash flow/revenue > 20%.- Momentum domain: 50-day moving average > 200-day moving average, and RSI(14) ∈ [40,70].Second, tail risk hedging.For selected underlying assets, add protective Puts: buy Puts with a strike price = target strike price × 0.7, with premium cost ≤ 30% of the sold Put premium.Thus, forming a "Sell Put + Deep Out-of-the-Money Put" spread strategy. Achieving 85% probability of small wins (premium) covering 15% probability of big losses (assignment). Finally, don't be greedy for premium! Diversify positions! Keep enough cash!"
datetime: "2026-04-22T12:02:26.000Z"
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  - [en](https://longbridge.com/en/topics/40096649.md)
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author: "[神不懂趋势](https://longbridge.com/en/profiles/3377.md)"
---

# Sell Put players, I've had some new thoughts latel…


## Comments (18)

- **明明126 · 2026-04-22T13:46:36.000Z**: Impressive. I tried to buy SanDisk's options but couldn't get filled. Bought SNXX's sell put and couldn't get filled either.
  - **神不懂趋势** (2026-04-22T13:49:16.000Z): The premium is asking for too much, isn't it?
  - **明明126** (2026-04-22T14:40:14.000Z): Maybe, the trading volume is too low, the data hasn't moved for half a day.
  - **神不懂趋势** (2026-04-22T14:49:18.000Z): For deep in-the-money options, just follow the best bid price; it's just a matter of earning a little less.
- **双双2026 · 2026-04-22T12:25:24.000Z**: My two VRT options are about to expire worthless today, and I have another Tesla option tomorrow. I didn't expect GE's earnings to beat expectations and surge, while VRT plummeted.
- **双双2026 · 2026-04-22T12:24:31.000Z**: I want to learn how to put from you; I only know how to call.
  - **神不懂趋势** (2026-04-22T12:40:34.000Z): If you're used to buying options, you might look down on the limited gains and unlimited risks of selling options. Currently, I keep 30-40% of my account position to guard against exercise. The strike
  - **双双2026** (2026-04-22T13:08:26.000Z): Don't really understand, don't know how to operate.
  - **神不懂趋势** (2026-04-22T13:36:40.000Z): Taking SanDisk as an example, my strategy is to sell next week's Put near the medium-term trend line MA25 (375), as long as the MACD below doesn't break below the waterline. If it's a sideways market 
- **大宇投资笔记 · 2026-04-22T12:12:51.000Z**: Encountering a major crash can easily trap you.
  - **神不懂趋势** (2026-04-22T12:18:39.000Z): This strategy, combined with deep out-of-the-money Put options, can hedge a significant amount of risk. Moreover, maintaining sufficient cash means a short-term decline in large-cap stocks is unlikely