I stumbled across an idea that strikes me as rather intriguing - selling premium in options (SPY perhaps, many other possibilities), and hedging it with e-mini futures. So one would sell x number of calls in SPY and go long the requisite number of e-mini contracts to get at delta neutrality. Seems like one would effectively be able to collect theta with little risk. Any thoughts on this as a viable strategy? Thanks again to those who helped me (Maverick, et. al.) in another thread regarding any inherent advantage to buying or selling options - I feel like an idiot in that regard, but better to feel that way than continue down a road paved with false assumptions.