On their own, each of the three trades below may seem modest at first glance. But the instant payments noted in the trade instructions are based on selling just one put—just one.

Together, these trades have the power to generate over $1,000 of instant income if you sell three puts for each.

And remember, we’re putting for dough here, with short-term, low-risk trades.

But if you’re new to all this, it’s fine to start slow by selling just one contract for each. Or you can even just pick one of the trades and sell one contract for it.

After all, options can be a lot to wrap your head around at first. And if you’re still building your confidence, then I want you to go slow until you get the hang of it.

Regardless of how many trades you do or how many contracts you sell, it’s absolutely critical that you follow the instructions below to the letter, particularly when it comes to setting buy limits.

Take it easy at first, and you’ll be surprised by how quickly you become an old pro, with the ability to generate a steady stream of instant income.

And as you make more money, you’ll be able to increase the size of your trades—and create even more income.

We made easy money on these three stocks earlier this year, and now that those put options have expired it’s time to do it again.

Trade 1: Sell a Put on Western Digital (WDC)

Currently priced at less than six times forward earnings and less than one time sales, WDC appears grossly oversold. I don’t expect it to come roaring back overnight, but it only needs to get back above our $50 strike price by mid-January for this put to expire worthless (which is what we want to happen).

How to Make the Trade:

• Trade: Sell to open the January 18, 2019, $50 put option on Western Digital (NYSE: WDC).
• Symbol: WDC190118P00050000
• Prices:
  • Limit Order Price: a credit of $1.75 or more.
  • Tell your broker: “I want to sell a put on Western Digital stock. Specifically, I want to ‘sell to open’ one January $50 Put for a credit of $1.75 per share or more.”

Allocation: Sell one put for every 100 shares of Western Digital you would be pleased to buy at $50 per share. Investors should set aside $5,000 per contract sold to buy the stock in case the option expires in the money.

Trade 2: Sell a Put on Macy’s (M)

Macy’s share price has been all over the map during the past month in response to concerns over holiday sales. You need to be patient on this trade and use a GTC (good til cancelled) order to catch it on one of its down days.

How to Make the Trade:

• Trade: Sell to open the February 15, 2019, $30 put option on Macy’s (NYSE: M).
• Symbol: M190215P00030000
• Prices:
  • Limit Order Price: a credit of $1.75 or more.
  • Tell your broker: “I want to sell a put on Macy’s stock. Specifically, I want to ‘sell to open’ one February $30 Put for a credit of $1.75 per share or more.”

Allocation: Sell one put for every 100 shares of Macy’s that you would be pleased to buy at $30 per share. Investors should set aside $3,000 per contract sold to buy the stock in case the option expires in the money.

Trade 3: Sell a Put on Huntsman (HUN)

Our timing was nearly perfect on this trade earlier this year when we sold a $30 put that expired out-of-the-money in July. Since then, its share price has fallen into the low-20s, proving an opportunity to collect more premium at a lower strike price.

How to Make the Trade:

• Trade: Sell to open the February 15, 2019, $20 put option on Huntsman Corp. (NYSE: HUN).
• Symbol: HUN190215P00020000
• Prices:
  • Limit Order Price: a credit of $1.00 or more.
  • Tell your broker: “I want to sell a put on Huntsman stock. Specifically, I want to ‘sell to open’ one February $20 Put for a credit of $1.00 per share or more.”

Allocation: Sell one put for every 100 shares of Huntsman you would be pleased to buy at $20 per share. Investors should set aside $2,000 per contract sold to buy the stock in case the option expires in the money.

Further Instructions Regarding all Three of these Trades:

• • If the option price changes, you can adjust our recommended limit based on the midpoint of the bid/ask spread, which you should be able to see when entering the trade. Just make sure the potential credit is at least equal to the Limit Order Price specified above.
  • Place your limit order on a “good ’til canceled” (GTC) basis and be patient.