For example, if an option writer sells put options with an exercise price of $ 60 per share, she can buy a put option with the same exercise price. (pocketsense.com)
Step 3: Like in step 2, they want to help finance the position, so they think of selling a put on the same stock. (blog.mdwoptions.com)
I considered selling the put in the money at the $ 120 strike, but the $ 115 strike is giving me a good return for much less risk. (mytradersjournal.com)