Advance Option Strategy

Timeismoney advance option startegy table.JPG

Above table is from the book “Time Is Money – The power of non-directional options trading.” by Kerry W. Given.

Now I understand why my friend use only one strategy and that is double diagonal to trade option and nothing else, it suit those low to medium risk personality.

Currently, I am doing Butterfly, Calendar and short term Iron Condor but will expand to include the rest in my option play.