2023-1218 sold PYPL Feb 16 55 Put for 1.63 I believe it was the 20 delta strike.
I have an limit order to buy it back for .75.
Naked Puts will be profitable/decay faster than Put credit spreads. When I first started out years ago selling options I typically sold Put credit spreads. Now that I have Portfolio Margin I sell Naked Puts.๐บ๐บ