Recent content by trader0303

Well the edge is that I hope I'm picking a range with some very strong support and resistance, and picking a stock that seems to be ranging. I get a "buffer" for my trading losses in the scenario you speak of where it repeatedly enters and exits the range by the premium I collect from selling...

I've been doing a very simple options strategy for a few months and have had success, and it seems too "low risk" that I must be overlooking something. I sell a call above the stock price, and sell a put below stock price betting that the stock will stay in the range, and both will expire...