Put selling is working for investors in Toll Brothers. This month is another opportunity to take advantage.

Sell the November 15, $40 puts on Toll Brothers (TOL) for $0.80 or better to receive 2% upfront payment and a 29.2% annualized return. Continue using the $33.50 stop loss for protection. There should be strong support around $35 per share so if shares significantly break this level a falling knife could occur.