Originally Posted by
Columbia
"Half the people you know are below average."

A single strategy works until...it doesn't work as the other team brings in their Cy Young winner.
Every option strategy speculates on stock price. In any case, good luck.
Well, I wouldn't really say that about what I'm doing. In six years of doing it (and some really up and down market conditions), it's been real consistent for me. No home runs (and no strike outs)... just good consistent income at the desired percentage of stake, which is the objective. I'm only selling options (covered calls and some cash secured puts), not buying them. And I'm not doing it in a way where I win or lose depending on what the stock or option prices do. So unless the options market dries up where nobody wants to buy them anymore, I don't see an opportunity for any "Cy Young winners" to derail me.
But, hey, different strokes for different folks. Good luck to you too.