Ah, so everyone has a mishmash of some other basic option spreads or combos, or long/short stocks. And it is nothing special. Pure genius.
It's nothing special to you, because first you don't understand how to do it. There's no way a simple mind like yours could implement my strategy!
Bernie Madoff never had a risk profile like this! Insurance at your back, sell a few naked puts. Take your profits. Rinse and repeat. Yawn . . .
That's how fucking clueless you are..If you have a buy write and are long 2-3 downside puts further out,WTF do you think you have?? You have a backspread and rolled your puts out in time.. I'll let you try and figure out the rest of the equation
Hey, clueless calend"er" boy, you say that I have rolled me puts out in time. I do NOT roll any position you maggot! Nice try though, acting like you know what you're talking about so others might show some minuscule level of respect for your opinion. Get back to Robinhood, son, and let the men get back to making money.