Welcome back to the Crux of Investing & Finance! This is our first segment of our options series. We cover cash-secured puts in this week's lecture. They are an excellent way to purchase a stock or index for which you desire a lower buy-in price but also want a lower cost-basis overall. This strategy is for those looking for such a tool. Cash-secured put utilize writing options to collect an up-front premium and effectively reduce the cost basis of the stock position once assigned. It's quite magical! Listen now to learn all about it. Until Tuesday...Jay