This is your Green Grosser, helping you gross green today. Now we are going to discuss how to create income using covered put writing as a strategy. This allows someone to put a stock to you at a price you predetermine.  It is covered because you can margin your portfolio to accept the stock when it is put to you.  The contract or holding period, 3, 6, or 9 months, expires on the third Friday of the month and any premium, or cash you receive, is credited to your account the next business day. One risk is you will have less liquidity because you have to wait for the stock to be put to you. This program could add 1 or 2% to your yield and it is a professional strategy requiring option papers to be signed. Remember you should only engage in covered put writing if you truly want to own that stock because there is always the risk that you will be up to that shock. From, this is your Green Grosser with your tip to help you gross more green today!