Hey, Note: I don't claim to be an options guru or anything even close, but I find the iron condor, etc. strategies not for me. Therefore, I like to trade options like stock, basically I look at price action of the underlying security (stock) and make my trade as I would stock (call/put buy). I don't sell, for liabilities purposes, etc. etc. Just wondering if anyone does this type of trading on a consistent basis and what do you use as a risk/reward for the option? I usually give myself a gain of: 11%-35% and a loss of around 30-50%. Yeah, not 1:1, but I feel that I should give the stock some wiggle room before I pull the trigger prematurely. UNLESS* it appears to possibly violate a price trend (i.e. major support/resistance). Then I get out as quick as I can. Any opinions? Just curious. EDIT: Forgot to mention I try to buy at least 1 month out expiration and in the money (medium/large delta).