hoping it dips. if it never dips up until expiration, well, then you get to collect the put premium.
if it does dip – then your puts will lose value and you could end up in negative territory even beyond the value of your put.
so say you sell your put for $.50 ($50 worth) — if the stock drop below your strike price or even towards it, the the value of that put that you sold for $50 could increase towards $100 or $150 or even $200 — this is why selling or writing naked puts is a bit more risky.
however, if your intention is to buy the stock at lower 