Puts for expiration date 4/25 with highest expected returns

For the 4/25 expiration, the highest expected returns on puts are as follows: 1. **United States Steel Corp. (X)**: The put contract at the $33.00 strike price has a current bid of 95 cents. If an investor sells-to-open that put contract, they are committing to purchase the stock at $33.00, but will also collect the premium, putting the cost basis of the shares at $32.05 (before broker commissions). The contract represents an approximate 12% discount to the current trading price, and the current analytical data suggest a 72% chance of expiring worthless. This would represent a 2.88% return on the cash commitment, or 21.03% annualized. 2. **Stellantis NV (STLA)**: The put contract at the $10.50 strike price has a current bid of 20 cents. If an investor sells-to-open that put contract, they are committing to purchase the stock at $10.50, but will also collect the premium, putting the cost basis of the shares at $10.30 (before broker commissions). This contract represents an approximate 18% discount to the current trading price, and the current analytical data suggest a 83% chance of expiring worthless. This would represent a 1.90% return on the cash commitment, or 13.92% annualized. 3. **Grocery Outlet Holding Corp (GO)**: The put contract at the $17.50 strike price has a current bid of $1.55. If an investor sells-to-open that put contract, they are committing to purchase the stock at $17.50, but will also collect the premium, putting the cost basis of the shares at $15.95 (before broker commissions). This contract represents an approximate 7% discount to the current trading price, and the current analytical data suggest a 69% chance of expiring worthless. This would represent a 8.86% return on the cash commitment, or 13.25% annualized. These puts offer attractive yields and low risk due to their out-of-the-money (OTM) nature and the current market conditions, making them suitable for investors seeking premium income without taking on significant stock price risk.