Generate income through options

[RGLD]

The key to profiting with IC's is to get out early. When you see a 50% reduction in premium, get out. Holding on till expiration is just plain stupid.

 

[lightninboy]

I'm seeing it's possible to make good money with diagonals if you enter only deals that pencil out, like Twitter looks outstanding now, but Morgan Stanley doesn't.

 

[ironchef]

Did you look at SD?

Yes I did. Better Sharpe but before commission and slippage, not so after factored in commission and slippage.

 

[maxinger]

Hello everyone. I want a sincere opinion. Is it possible, starting with $15.000 making income with options, using iron condors and credit spreads? I saw on amazon a book claiming it´s possible to generate 3% to 8% consistently per month...
What do you think?

Just need to know only a handful can make it.
Book is a good starting point to acquire the knowledge.
You have to develop your own holy grail.

 

[drmark27]

Yes I did. Better Sharpe but before commission and slippage, not so after factored in commission and slippage.

Detail your calculations.