Weird thing about expiry periods

 For quite some time 

I am unable to trade

as the premium from selling spreads seem bad

unable to get 1 to 4 profits vs loss

usually I look at around 45 days to expiry

as advised by Adam Khoo

and supposedly, the premium should be better

still I do not get the 1 to 4 profit to loss ratio

but today I tried to look at 20 days to expiry instead

surprisingly, the premiums are even better than 42 days away

I am also able to enter at a lower delta, around 0.2

and also get a better strike price ($150)

I am also increasing my wagers from $100 to $200 from now onwards

will also look at other expiry dates before 45 days, especially those at regular intervals

AMD win

 closed AMD option today

strike price was 130

got $99

PLTR

previously I felt that it is harder to earn from spreads

as more people are learn how to use them

but you nvr know how the price will move

it might dip even more, enabling you to enter into the trade later on

you just have to be patience and wait for at least profit to loss ratio of 1/4

if it does not go there, then just skip it

BA and ABNB

 

bet that price does not go to $140

$114 premium

bet that price does not go to $195

$97 premium

5561 AMD BPS

 entered AMD bull put spread

for a premium of $107

fits the criteria

after earnings call

long term bullish trend

it has pull back all the way, approaching 200 SMA

profit to loss ratio of 25%