How I Made $11,000 With Juicy Puts — Even When the Market Was Down

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$11,000 INCOME when the Market is DOWN

In a volatile market, finding consistent income strategies can feel like searching for a needle in a haystack. But Mark Yegge has shown time and again how to use options to generate what he calls “juice”—and this week, that juice amounted to $11,000. Here's how he did it.

What’s a “Juicy Put” Strategy?

Unlike covered calls, where profits grow when stock prices rise, juicy puts are designed to profit when stocks fall. The strategy involves:

  • Buying in-the-money puts (closer to the current price or slightly higher)
  • Selling out-of-the-money puts (a bit further out, to collect premium)
  • Profiting when the stock drops—maximizing “juice” as it falls

The Three Trades That Paid Off

Mark held three juicy put trades on Best Buy (BBY), D.R. Horton (DHI), and JD.com (JD). As expiration approached, he walked through his closing decisions:

 

  1. Best Buy (BBY)
  • Entry Price: Around $67
  • Put Strike Held: $85
  • Outcome: BBY dipped to ~$55 and bounced back to $67
  • Reason to Exit: The bounce lacked volume and momentum. With little extrinsic value left in the options and the risk of reversal rising, Mark chose to take profits and exit.

“I've made my juice. I think I could probably get out of this.”

 

  1. D.R. Horton (DHI)
  • Entry Point: Around $127
  • Put Strike Held: $125
  • Outcome: DHI fell from $200 to near $110 before bouncing
  • Reason to Exit: The rebound was unconvincing, and with delta fading, Mark saw little benefit in holding further.

“This whole trade is designed to move down… it’s not that convincing of a bounce.”

 

  1. JD.com (JD)
  • Observation: Volatile with numerous price gaps
  • Volume: ~10M shares/day
  • Outcome: Bounced from $32 to over $36
  • Reason to Exit: Unexpected gap up meant less juice ahead. Rather than speculate, Mark exited with gains.

“It’s a bizarre chart… but I’ve made the juice.”

 

Time to Exit: The Math and Mindset

By May 2nd, all three trades were near expiration with minimal extrinsic value left—meaning there wasn’t much more to gain by holding. Rather than risk a reversal, Mark closed all positions through market orders.

“You can see how quickly you could do them… especially if they’re market orders.”

This unemotional, chart-driven exit netted $11,000 in income, all from trades designed to thrive when markets drop.

 

Key Takeaways

  • Juicy puts can generate strong income in bearish markets
  • Know when to exit: Watch for signs like weakening deltas and low extrinsic value
  • Avoid emotion: Use technical signals, not hope, to drive your decisions

Whether markets rise or fall, the key is having a strategy—and the discipline to stick to it.

 

Life-Improving Tips from This Strategy

  1. Detach Emotionally From Trades:
    Mark emphasized unemotional exits. Don't guess — respond to data.
  2. Track Your Deltas:
    Delta reveals how sensitive your options are to price moves. Low delta? Time to exit.
  3. Look for Low Volume Rallies:
    A price increase on low volume often lacks conviction — a potential reversal.
  4. Know When the Juice Is Squeezed:
    If there’s little extrinsic value left, you're no longer being paid to take the risk.
  5. Practice Discipline Over Prediction:
    Mark’s strength lies in reading the chart and sticking to the plan — not trying to be right.

 

❓ FAQs About the Juicy Puts Strategy

Q1: What’s the best type of market for juicy puts?
A: A declining or sideways market. You profit when the underlying stock drops.

Q2: How is this different from just buying puts?
A: Juicy puts involve a spread (buy one put, sell another) to lower risk and increase return on capital.

Q3: Can I use juicy puts on any stock?
A: Best with liquid stocks, clean charts, and predictable price action.

Q4: What is delta and why is it important?
A: Delta measures how much an option price changes per $1 move in the stock. Lower delta = lower sensitivity and less profit potential.

Q5: Is this strategy beginner-friendly?
A: It requires basic knowledge of options spreads, but with proper education, it can be learned and applied effectively.

 

Call to Action

If you want to generate income even in a down market, start by:

  • Learning options basics and how spreads work.
  • Following traders like Mark Yegge for real-world case studies.
  • Practicing with paper trades before going live.

Want to explore this strategy more deeply? Subscribe to Mark’s YouTube channel or check out his covered calls and options income training.

Get started today

Conclusion

Mark Yegge’s juicy puts strategy is a powerful tool for generating income in bearish markets. By combining:

  • Technical analysis,
  • Sensible exits,
  • And proper options positioning,

He shows how traders can profit even when the market is working against the average investor.

The key is to plan the trade, trade the plan, and never stay in a position just for hope. The juice is only worth the squeeze if the math — and the market — makes sense.