Most of my trades are Iron Condors on very liquid ETFs ($SPY, $IWM, $QQQ, $IYR, $FXI, $EFA, $TLT, $EEM, $XLE). Occasionally, spec biotech option plays. Risk Management/Discipline is key - Allocation, Allocation, Allocation!
Read the Reminiscences of a Stock Operator before talking to me. My twits are my and my dog opinions, not advice. I am often wrong and I love it. PS: I DO NOT short single stocks and I do not answer 3x ETFs questions.
Chicago 25 yrs of trading experience bonds, zb,zn,zf, fyt eurodollars, ge s&p's es and all correlating options
CME full member since 1987
Trained and backed traders over my 24 yrs.
First started with Timber Hill LLC
Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.