>>61075965
the only criticisms of this strategy this thread has been, "What if pigs fly?" and not something reasonable like, "why would you ever think UPS stays around 85 for two months?" you never see this level of mental gymnastics for just tickers. Yeah, what if the stock tanks and you lose 50% of your investment? What then fucking loser? I see a lot of sneed when i've won every time. My max loss is defined as my debit, and that max loss is only obtainable via early exercise which is not a risk this far out. like, orders of magnitude lower than the stock simply moving too far away from the strikes. Such an odd fucking crowd of psedues. pic rel is my textbook I use for this. This position is just a call calendar spread and a put calendar spread.

all the ego posting about selling covered calls is free money and your are chad if you do it but
>oh nooo don't simulate owning 100 shares with a literal tool used to simulate owning 100 shares nooo it's like not even the same thing

it's just the average options bad crowd fear mongering things they don't know about.