My absolute favorite strategy, which has banked me money without fail every single trading day for the past nine years and which has enabled me to live the life I've always dreamed of is....(cough)....is.....(gasp)....ack......ugh......argh.....(cough)(cough).....aaahhhhhhh............(gasp)......................
Ha! It happened. I took a 5x loss on corn. You guys were right. Dangerous indeed. Kind of looks like a Taleb distribution of returns, doesn't it? So how does this Liberty Trading Group do it so well? They wrote a book called The Complete Guide to Option Selling where they detail this far OTM futures options strategy.
betapeg, did you check out their free newsletter? maybe having some price action technical analysis on the daily or weekly chart could help. maybe do some backtesting on Think "ondemand" backtesting. Like selling options on equities , hardest part is when to exit preserving profit, or when to exit to minimize a losing position.