I have betting on long or short on stocks with options
I now changed to selling wide iron condors and cash secured puts
Do you think I can make consistent long term growth with high probability of option selling?
How do you usually manage the size of option sellings to the percentage of your total account worth?
I am using 15% account worth for iron condor selling and 30% to cash secured put of a stock(I like to buy it if possible)
For example, I have 70k in short term T bill and 30k in stable stocks. I use margin for option collateral. Therefore, 15k margin is in collateral for iron condor selling. 30k margin is in collateral for cash secured put.
https://www.reddit.com/gallery/1fjeih8
Posted by Landslide_Micro
3 Comments
How do you see this chart in Robinhood? I’d love to be able to look at this lol
What happened to your risk management on the longest red bar? Can you hedge some of that risk?
If you can avoid days like that one ya