Quote Originally Posted by sonatine View Post
Quote Originally Posted by abrown83 View Post

Easiest way to earn consistent 10-20% annual returns

Find 5-10 companies you really like long-term, sell Puts until you take a position, once you have a position, sell calls until you are moved out. Rinse. Repeat.

ill be honest with you; im not comfortable selling options yet because i havent got my sea legs and i havent studied the math. but everything i read says that your suggestion is, by miles, the smartest way to make money. in a market with less volatility, im going to start migrating into this.

right now, ive been doing well scalping and hitting strangles overnight because, again, volatility is the overwhelming theme or so it seems to me.

when i imagine how im going to adapt to a less volatile (target rich) market, your suggestion is the most logical path by miles.
Are you putting stop losses on your trades?

Cause it's fun to gamble on earnings reports until that company that hasn't missed in 5 years misses and you lose a cool 10k....not speaking from experience or anything.