Two Defensive 5-Day Cash-Secured Put Trades Start-to-Finish: Laddering Strikes click ↑ 4 FeaturedI favor cash-secured put trades in volatile, bearish and volatile market conditions. I also use puts to enter covered call trades (PCP, Put-Call-Put or “wheel” strategy). In this article, real-life examples with Celestica Inc. (NYSE: CLS) will be analyzed to demonstrate how to enter such trades with initial and final calculations.Real-life example 5-day trades with CLS from 9/8/2025 – 9/12/20259/8/2025: CLS tra ...