Beginner Options Strategy (Part 3)

This is the final part of my series describing a great beginner strategy for option selling. In this video, I talk about how I chose the various parameters in part 2. This way, if SPY is trading at a different level or if you want to try other underlyings, you can come up with appropriate spread widths, etc.

If you missed the previous videos in the series, they are here:
part1: https://rumble.com/v2wx876-beginner-options-strategy-part-1.html
part 2: https://rumble.com/v2xgye8-beginner-options-strategy-part-2.html

The investopedia article on section 1256 contracts is here:
https://www.investopedia.com/terms/s/section-1256-contract.asp

For a text version of this video, see my blog at:
https://digitalnomadtrader.com/2023/07/06/beginner-options-strategy-part-3/