Have sold covered calls for years and a few puts here and there. The last 3 weeks, I've realized the volatility in some stocks affords some incredible option pricing for very low delta. Sold about 60 naked put and call contracts on mostly volatile stocks, Lly, Sndk and several others. Over $5000 dollars in income generated total for the 3 weeks. I have a 1.3m portfolio that generates about 50k in dividends. 600k is in an E-Trade account with margin and level 4 options access. Considering consolidating Merrill and computershare accounts to E-Trade to simply have more buying power as all 3 weeks, I was out of money with more opportunities. I've been so focused on a dividend revenue stream over the last 2 decades, I missed the power of options.