I recently discovered a simple, high probability option trade that so far I have really liked. If you have read my past posts, you will know my journey with Robinhood option trading and the crazy ups and downs of buying calls and puts and also more complex strategies like straddles, strangles and iron condors. Like most people who try these strategies, my results weren't very good and resulted in mostly losses. I'm not sure experience really helps, since you are pretty much relying on luck when you enter most of these trades. That's why I compared it to gambling in my post entitled
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A Simple Option Trade
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I recently discovered a simple, high probability option trade that so far I have really liked. If you have read my past posts, you will know my journey with Robinhood option trading and the crazy ups and downs of buying calls and puts and also more complex strategies like straddles, strangles and iron condors. Like most people who try these strategies, my results weren't very good and resulted in mostly losses. I'm not sure experience really helps, since you are pretty much relying on luck when you enter most of these trades. That's why I compared it to gambling in my post entitled