I dont want the market to be flat so that I can exit the trade early.  I rarely hold to expiration.  I normally exit halfway through.  I end up making more on a per day basis that way.

    You are right the ladder can happen naturally if you are opening trades on both sides, that's a cool approach.  But then one trade may be a loser.  However with an actual ladder each of the trades can be winners. 

    I  only trade SPX options

    Posted by DigiNomad on 12th of Sep 2022 at 09:43 pm

    I  only trade SPX options in taxable account and SPY options in retirement accounts (better liquidity but I have to use more contracts).  Since I've focused my efforts on what amounts to a single product / index, my results have been outstanding and predictable.  Unfortunately, I know that someday I'll likely have to transition over to more volatill e products again. But with the VIX where it's been at recently, I can stick with a single index for my option set ups and do just fine. I'll cross the lower volatility bridge when we come to it. 

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