I’m looking to see what strategies you guys recommend for me. For context,
1) I’m pretty familiar with options.
2) I have about 40k I’m willing to deploy
3) I’m also in college so willing to take on more risk (justified) targeting 15%-20%+ yearly.
What would you guys recommend I look into? What has worked for you all?
I’ve looked into put credit spreads, where you sell a higher strike put and buy a lower strike put and profit as long as underlying doesn’t fall below higher strike. I’ve also looked into poor man’s covered calls, and LEAPS. Any help would be greatly appreciated!
Posted by aLowerBeing