2024-12-26 14:18
OPTIONS SELLING TIPS:
1) Target around 50% of max profit instead of 100%. Took me from loser to profitable immediately!
2) Never keep your in-the-money positions close to expiration. Assignment risk increases as you get closer to expiration
3) Keep position sizes small. Max 10% per position, less than 5% is ideal
4) Sell when IV is high. High IV = high returns. You make money when IV reverts to its mean
5) If you aren’t following me, you’ll probably never see these tips again!