I have been studying options for quite some time but have not attempted any trading. I felt it would be better to become debt free before I did any speculating/trading. I have now reached that goal of having a paid off home, no other debt & very reasonable fixed monthly costs. I have been given an opportunity (pink slip) to try trading. I will be eligible for two years of unemployment due to the circumstances of my unemployment (Nafta-taa program). I have run the budget numbers & can live on the unemployment checks. I am also going to have a severance package that should provide me with 15,000 dollars to start with. I also have other assets I can liquidate that would bring that total starting capital to 50,000 in risk capital. I know it isn't a lot of capital but that is what I will have. I am particularly interested in writing credit spreads. I believe it to be a fairly conservative strategy with limited risk. I realize I will need to fail a few times for the sake of experience so I am now using a paper trading account to test the theory. Is it possible after two years of trading to be in a position to pull a couple of thousand a month from an options account if you started with 50,000 and reinvested any profits for that time? Is this worth trying? Am I just wasting my time? Any input would be appreciated. I have a thick skin so don't sugar coat it.