Looking for a conservative strategy that would provide a high probability of success with a low degree of risk where the goal is yield. Low risk is essential since I take risk on in my trading account. This idea would be for stagnant cash not in my trading account. I'd like something a bit cleverer than suggestions like sell deep ITM CC's (or equiv NP's), or sell deep OTM verticals. Or for that matter, do deep OTM iron condors. Conversions and reversals would be ideal but I don't have the time ineeded intraday to chase these since legging in is the only way retail gets them (me). In addition, even if I did, if I caught that bounce on the UL, it would make more sense to book it rather than be locked in for X weeks. For example, I've traded double reverse calendars in the past because I've seen 2-3X reward to risk graphs. The problem with these is that is the IV/price movement combo. Good on high IV if IV contracts, good on low IV if price moves and berry bad if you get the wrong one from each column. So, has anyone seen any unicorns?