Michael Petryni
Jun 11, 2021

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Those 66% profit chances are in general relying on time decay being against you on the longs and with you on shorts. But you are right it is harder to expect a higher return for short positions since the margin for naked calls and puts is practically like as buying or shorting the stock or SPY itself. The point of every options strategy I write about here is to be long with a tight stop.

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Michael Petryni
Michael Petryni

Written by Michael Petryni

Journalist, film critic, screenwriter, proprietary trader seeking simplicity in trading. https://thegodoftrading.medium.com/subscribe

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