I do like the link in that article to naked put writing. That's good stuff. Writing puts or holding shares long are both bullish strategies on the share price. While the brokerage industry classifies put writing as a high risk/low reward strategy, mathematically it's far safer than owning shares long.
But, for me at least, that strategy won't work with ARR as there is not enough I.V. to make up for the fact that the puts don't pay a dividend during the period you are short. In ARR's case, you are better off just buying the shares long and collecting the dividend.