The short put spread -- or "bull put spread," as it's also described -- is a relatively conservative option strategy, since the profit potential is strictly capped. In execution, it bears a strong ...

Moreover, selling short out-of-the-money put options is a good income play. XOM closed at $109.02 on Friday, March 7, up from a recent low of $105.44 on March 5. I discussed Exxon's cash flow ...