How legit is options selling?

If you sell a call spread you reduce your risk on the right but you significantly drop your pnl as well. There is no free lunch but you can tailor your risk to your personal utility function.

 

Exactly. Option selling can be the automated bottom bitch while I flit around looking for some YOLO OTM calls and puts to keep me interested.

 

Sure. It can be automated. So can most exchange traded asset classes.

 

Hi
I don't know almost nothing about NG options .
Please care to explain why there is such vol. in march and april expirations.
And why is only like this ones a year.
thank you.

edit, Feb. and March

 

There are lots of yolo trades around actually: BAC, GS just the last few days.

 

Seem to always be yolo trades around.

 

In hindsight.

 

I've taken a few myself. No need for hindsight. Pretty addictive.

 

https://www.elitetrader.com/et/threads/celg-on-sale.327472/ Post #8

Thanks to TheBigShort.