My latest late night conversation with ChatGPT had me asking "are there additional strategies I should be considering to meet my goals of conservative income generation with capped risk?" and ChatGPT suggested (amongst other things) bull put spreads. I remember you referencing bear call spreads in one of my earlier posts - at the time I had no concept of what that was, but now I feel like I've got a decent grasp of the strategy. :) So, I am now playing around with bull put spreads. Given the high ROI potential with much more limited capital collateral/risk, why doesn't everybody do these 😂 What am I missing? Is it mainly because the numbers are SO small that it's just not sexy enough? Commissions eat too much of the return? Is there a risk I'm not perceiving? 'Cause yeah a single contract's dollar value is pretty minimal, but at scale...