Salesforce (CRM) trades near $250 a share, close to its 52-week high after a fast three-month run. Selling a put pays you now for agreeing to buy it much lower later, and you keep the payment either way. The catch: you only want this if you would be glad to own Salesforce at that lower price. The open part of that answer is how much its new agent products can actually be charged for.

The Trade: Generating a 10% Yield with a 30% Cushion

• Sell a put option on CRM expiring 9/17/2027, with a strike price of $175.
• Collect roughly $1,060 in premium per contract (each contract covers 100 shares).
• That works out to about 6.0% annualized on the $17,500 of cash you set aside to secure the trade.
• Park that cash in Treasury bills or a Treasury…