After 1 year & 2 months (newbie) of trying out IBKR options, I am quite surprised that $100K realised profits achievement has been unlocked!? 😆 Options has been quite an eye opener for me personally, but for people who are well versed in Stocks Investments, it should be easy to pick up. Choosing a good option stock is similar with Fundamental and Technical Analysis. There are plenty of Option strategies to choose from: Wheel strategy (cash secured put + covered call), Credit Spreads, Iron Condor, Put Ratio Spreads, LEAPs etc. So one can easily choose the option strategy that fits into your personal timeframe, capital and activity management
For a lazy me, I just do the Wheel Strategy (SPY, QQQ, MSFT, META, NVDA, AVGO mega cap companies) and enhance it with Put/Call ratio spreads, coupled with put/call rolls up/down and out for slight horizontal time and vertical price diversifications.
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