The snider method seems to use a term called yield to claim it works. Mutual funds for example must use total return, snider uses yield. hard to compare objectively.
Buying a bunch of by necessity volatile stocks to generate options income means that if you have a winner it is called away for a small gain and if you have a loser you are stuck with it and its unrealized loss. so does this method work like that? if you included your losses along with your called away winners and measured total return what would be the result? if a loser stock in your portfolio goes to zero how is this accounted for in your total return?