Posted by DigiNomad on 1st of Feb 2023 at 03:50 pm
Yes, spreads. I typically go for 100 points wide for around a
$1000 dollar credit. Typical return on capital is 10 to 14%
with a greater than 82% probability of profit. *Can
lose 10K if you're wrong and don't defend the position (roll). I
defend when touched or a 200% loss, whichever happens
first.
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You’re not considering naked calls
SPX 60
Posted by watcdy on 1st of Feb 2023 at 03:45 pm
You’re not considering naked calls - a spread right?
Yes, spreads. I typically go
Posted by DigiNomad on 1st of Feb 2023 at 03:50 pm
Yes, spreads. I typically go for 100 points wide for around a $1000 dollar credit. Typical return on capital is 10 to 14% with a greater than 82% probability of profit. *Can lose 10K if you're wrong and don't defend the position (roll). I defend when touched or a 200% loss, whichever happens first.