Account size: $100k Target profit per month: $5k Trade size: 5-10 contracts per position. Max # of positions: 5 Currently I trade semi-naked deep OTM (10% or so "buffer" below market) front month short put on strong up trending large cap stocks and it has been a very profitable strategy for me so far. I don't have problem hitting my target profit each month, especially with theta to my advantage. But sooner or later the market will be less accommodating and a black swan will come and blow up my account. My question is: how do I make the same amount of $ per month using conservative (high probability) vertical spreads with capped risk because they typically pay peanuts like 0.5 or less for 5 pts spread? I don't want to trade a ridiculous # of contracts to "worth my while" nor I want to increase the # of positions. Any thoughts or there are better strategies to implement to reach my goals? Thanks!