Forget the fraud and keep

    Posted by fredsaid on 20th of Apr 2022 at 01:15 am

    Forget the fraud and keep it simple.  Just figure out your game plan like NOW vs. THEN.  For example in terms of options contracts  : 1- LONG till 8/22.  2-SHORT 1/23

    AND take profits every day ...  

    That's one approach, but daily

    Posted by jtsurfah on 20th of Apr 2022 at 02:46 am

    That's one approach, but daily is too short term for me. I'm selling 16 ish delta SPX and NDX puts when the market is down and selling SPX/NDX calls when it's up. Typically going out 45 DTE and rolling around 21 DTE.  If you're targeting 10% - 15% per year, you don't have to risk much to make it happen. It's always tempting to go bigger because 16 dela trades works nearly 90% of the time,...but the 10% of the time it doesn't work can and basically always does happen eventually so I keep my size appropriate. 

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