I’m looking to see what strategies you guys recommend for me. For context,
1) I’m pretty familiar with options.
2) I have about 40k I’m willing to deploy
3) I’m also in college so willing to take on more risk (justified) targeting 15%-20%+ yearly.
What would you guys recommend I look into? What has worked for you all?
I’ve looked into put credit spreads, where you sell a higher strike put and buy a lower strike put and profit as long as underlying doesn’t fall below higher strike. I’ve also looked into poor man’s covered calls, and LEAPS. Any help would be greatly appreciated!