What is your preference option strategy?

It took me 8 years of experience, but there is surely NO EASY WAY to make money trading options.

You have to be an excellent risk controller.

Can't recommend those three other ways.

 

I am proud of myself, as, I actually understand about 40% of that.

 

You have to control risk no matter how you trade options.

The tricky part about buying calls isn't the risk, it's the reward. Specifically, you have to be a good enough stock picker that there is some.

 

I may adjust occasionally, however, I'm not a big fan of adjusting losing trades so it is a "set and forget" type of system. I'm not looking for any particular delta, my approach is based on estimating future volatility and then selling 1 st. dev. away from the current spot price.

 

CC, short put, vertical spread

 

Calendar spreads have worked for me.

 

Call Ratio Spread with index options

 

TY

 

selling naked puts

 

Time spreads and verticals