Decent strategy to make monthly income via ITM options?

u/vapingpigeon94 · Reddit — r/options · May 09, 2026 at 15:36 · ⬆ 4 pts · 💬 9 comments  | View on Reddit ↗
AI Summary

Summary

  • Main theme: skepticism about achieving 5-10% monthly returns from ITM options; such targets are deemed unrealistic without extreme blowup risk.
  • Dominant sentiment: cautious, risk-conscious; the only consensus advice is to use covered calls on existing holdings as a safer income alternative.
  • No specific tickers or earnings events were discussed in the single comment analyzed.
Score 4
Comments 9
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Ideas
r/options community Reddit community discussion
Community consensus warns that targeting 5-10% monthly returns via ITM options is unrealistic and introduces significant blowup risk. Covered calls on positions you already own are suggested as the most reliable way to generate consistent monthly income. For a conservative monthly income strategy, focus on selling covered calls rather than buying ITM options or using high leverage. Covered calls cap upside potential; if the underlying drops, the stock position still suffers losses; option income alone may not meet aggressive yield targets.
GD LOW
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This Reddit post, published May 09, 2026, features r/options community discussing GD. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: r/options community  · Tickers: GD