I thought I'd start a new thread on classical strategies for option trading. There are so many little tricks, successful traders learn by osmosis and experience, that make a classical strategy work. Without which a NOVICE like me, flounders around just losing money. I wondered if people wanted to share? In other forums, I've met some very nice guys, who have shared their winning way they work. There seems to be some sort of SECRET type culture about a lot of this, ( one time, YEARS AGO, some sales types made money selling SECRETS, but you don't see that anymore ) but far as I can see, in the macro picture of trading and all the varieties, learning the WHEN and HOW to apply a strategy correctly, to profit, doesn't seem to effect the MACRO PICTURE of the thousands of traders doing everything under the sun out there. What little bit I've learned is that all strategies work, if you know, HOW, WHEN and what little nuance or twist on using any strategy, makes all the difference in the world. Everybody apparently learns to work a strategy, or several and finds a niche to trade in. At least among us under capitalized retail traders. SO WHATS YOUR FAVORITE OPTION STRATEGY AND HOW DO YOU USE IT?