JimmyHua
04-22

$SPDR S&P 500 ETF Trust(SPY)$

SPY’s been ping-ponging for weeks. No breakout, no breakdown—just chop city. You know what thrives in that?
IRON. CONDORS.

Here’s my lazy trader strategy lately:

☑️ Sell OTM calls & puts
☑️ Collect premium
☑️ Do literally nothing
☑️ Let theta decay like fine cheese

Why it works right now:

  • No clear trend = condor heaven

  • IV is decent = juicy premiums

  • Range-bound indices = high win rate setups

And the best part?
You don’t need to predict direction. Just bet on “meh.”

Yes, it’s not flashy. But I’ll take small, consistent wins over getting slapped by CPI surprise candles. Risk is defined. Payout is smooth. What’s not to like?

Anyone else farming premium in this market?

Profit from Time Decay in Choppy Market! Would You Try Iron Condor?
The Iron Condor is a non-directional options strategy, typically used in sideways markets with low volatility to earn from time decay. The goal is to generate maximum profit if the underlying asset stays within a defined price range—with limited loss if it breaks out of that range. Now that markets are choppy, Would you try the Iron Condor strategy? Could Captain Condor be the next Roaring Kitty? Would you follow a KOL’s trading strategy?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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