So, about 2 months ago I started trading options. Pretty conservatively, just to get a feel for things. It's been some journey. Curious if anyone has any tips or life experience they might be willing to share with me? So far I have been focusing on the following strategies: 1. Wheel Strategy 2. Put Credit Spread 3. Put Debit Spread Typically I am looking 35-45 DTE, around 20 Delta. $5 or $10 spreads when possible. And sell at 50%.
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Shiraz @dividendoptions · 8dEdited
Covered calls: If you own an underlying stock and that stock has options and they are liquid then look at following stats: IV: This is the volatility or i call it juice. Anything above 50% in this stat gives higher premium Beta: This is another measure of how risky the stock is. Think of this as a spring. I learned that underlying have beta > 1, it tend to go up and down more and so short / covered options here do the magic as well.
Jesse Franklin@pinnaclewealth · 14d
I like Put Credit spreads and LEAPS Sometime PMCC What is your questions
