How's everyone doing?
I just posted a $200 income play with 12 days to expiration and 8K buying power.
Theta decay was too good to ignore.
I don't think we are in the clear by any means, I think there's tons of leverage that needs to be flushed out in crypto/yieldmax and stocks in general but markets don't go down nonstop, they also go sideways so this too will pass.
Remember, I sell monthly options with 40-60 days to expiration for that reason.
So if we do crash like we did the last couple of days there are still 3 plus weeks for the market to give us some up or sideways days and we should be good.
Let me know your thoughts and check the trade idea in the classroom area.
Ziv