This episode analyzes various strategies for selling put options on highly volatile, triple-leveraged ETFs, TQQQ and SOXL, over an eight-year period. The study compares weekly versus monthly option expirations, different methods for selecting strike prices (at-the-money, out-of-the-money), and various management techniques such as static holding, rolling, and delta hedging. The findings indicate that while selling puts on these ETFs can generate substantial income, it carries significant risks, with out-of-the-money put selling and delta hedging demonstrating more robust risk-adjusted returns. Rolling strategies can increase win rates but introduce concentrated risk. Ultimately, the research suggests that a more conservative approach, prioritizing downside protection, is more suitable for navigating the inherent volatility of these leveraged instruments