You could buy 100 shares of $BMNR right now for $1,830. Or you could sell a $15 cash-secured put expiring 5/15 and get paid $100 today. Three possible outcomes: 1. $BMNR stays above $15 You keep the $100 premium. That's a 6.7% return on capital in 51 days, or 48% annualized. 2. $BMNR drops below $15 but you still like the stock You roll the put down and out to a lower strike and later expiration, collecting additional premium in the process. You get paid more to wait at an even better price. 3. $BMNR drops below $15 and you get assigned You buy the shares at $15, but your real cost basis is $14.00 because of the premium collected. That's a 23% discount from today's price. Then you start selling covered calls. That's the power of selling options.




