3 ms·

Terrible advice.

• pc86 3y ago
  It limits your upside but of all the stock-trading advice floating around this isn't very high on the "terrible" list IMO
  • maest 3y ago
    It's terrible in that: 1. it is not positive expectancy (because naive strategies like this never are) 2. it involves trading in less liquid instruments, which means you lose more money to transaction fees 3. you're _selling_ options. Even if these are covered in theory, there's so much scope to screw this up implementation-wise, that it's just not worth it. I see no redeeming features for this particular "strategy".