QUOTE(luminaryxi @ Aug 25 2025, 10:02 AM)
i think premium not so lucrative if really want to put far OTM.
scouring through seekingalpha to find stocks to open csp.just wanna target 1-2% monthly good enough already, but limited BP
i look for high volatility over historical... ie volatility rank, this will give higher premium...
then i look for probability of otm... im ok around 60% bc i also chart... and the high volitility has been included in probability calc...
finally look at shortlisted choices and other criteria then decide which to take...
imho far otm low premium is not worth the effort... and with selling options, you need to do enough trades to be statistically relevant...
one shouldn't be afraid of assignment or called away... you just do wheel swith tactics lor... the stock is just intermediory... its the premium you are after...