Are you a dividend investor? Do you want to generate even bigger returns from your portfolio?

Try selling cash-secured puts to increase your monthly yields. Cash-secured puts are a safe way to sell someone else insurance while keeping the premiums.

To sell a cash-secured put, you need the total cash it would cost to purchase 100 shares of a stock at a particular strike price.

If the stock price falls to the level of the strike price, and the owner assigns you shares, you will wake up with 100 shares of stock.

If it doesn't fall to the strike price, your put option contract expires worthless, and you keep the premium. You can then sell another put for next week.

You can generate excellent returns over the month. And if you get assigned the shares, you can sell covered calls to continue earning passive income.

Once you understand the game, it's a win-win. You can use the premium to buy even more dividend stocks. What a great life!