I am confident in a stock’s long term performance and bullish on it. With $46,000, I can sell 1 year expiry CSP ATM for $9,000. Take the $9,000 premium and buy 449 shares of the stock. Sell four CCs with a 1 year expiry for $1600 premium. Sell another 1 year expiry CSP with that $1600 premium for $300. In total that’s a 23.7% annual return on the original $46,000 without including interest on the CSPs. Is this a good or bad strategy?