What Option Strategy Do You Use?

[wxytrader]

But you cant knock the cover off the ball selling puts without leverage..

And for every Jon,there are ten Vic Neiderhoffers..

What's insane is "we" are debating with a guy who is an Elliot waver and talks about trends...

Um I was a guy calling this Bitcoin move back in October... I've known this move since last summer. Most Elliott waivers. You guys are behind man. You're trading blind

 

[taowave]

Low risk money maker equals low return money maker ..you are paid to manage risk

When QQQ returned 44% in 2023 and 16.3% CAGR since 1-1-2017, I don't need backtest to tell me CSP is a money maker and a low risk money maker.

We are all genius traders in this historic bull market. The real skill is to get off the train before the train wreck which we all know is coming.

 

[taowave]

Exactly,and you sold a CSP and made goober

Um I was a guy calling this Bitcoin move back in October... I've known this move since last summer. Most Elliott waivers. You guys are behind man. You're trading blind

 

[ajacobson]

Again, you might want to read up on him, before you make assumptions with no basis. There are hundreds of accounts employing his technique worldwide. I'm not going to give you investment advice, so reading could give you a better understanding.

 

[EdgeHunter]

......

For me I eventually figured out how to make money trading directional, single legs: Mainly an option buyer now.

I do not use Tasty Trade as my broker... but their interesting Option Strategies uTube channel had an interview video (31mins) with a Directional Spread Option Buy Trader a Year Ago...

 

[wxytrader]

Exactly,and you sold a CSP and made goober

I bought jan19 calls back in July ..ftx collapse delayed the timing but it paid. Anyway why would selling puts have been goober when you would have collected premium?

 

[wxytrader]

Woth all due respect,you are dead wrong...

Just the numbers. Numbers don't lie.

 

[taowave]

Run a backtest..

I bought jan19 calls back in July ..ftx collapse delayed the timing but it paid. Anyway why would selling puts have been goober when you would have collected premium?

 

[SimpleMeLike]

If you want KISS, don't touch options, just trade futures.

Hello ironchef,

its all the same. Make money, who cares about the instrument.

Plenty of money in options, just make money.

 

[richie90]

I do not use Tasty Trade as my broker... but their interesting Option Strategies uTube channel had an interview video (31mins) with a Directional Spread Option Buy Trader a Year Ago...

@EdgeHunter Thanks for the link