#LongCallDiagonals -Not in this yet…waiting for 2020’s but here’s what I’m looking at based on Jan 2019 numbers
1. Sell 23 puts and buy 23 calls (synthetic long stock)
2. Buy 20 puts for protection for disasters
All of that for a .75 credit so max loss of 2.25 so only need to sell 3.5 cents per week to cover max loss. Anything above that goes straight to profits.
Options Bistro 