/biz/ - Business & Finance

>>54595181
If the options model is truly perfect then the market makers will always have the advantage in regards to probability/premium. Best you can do is run spreads on something highly liquid like SPY. There is a volatility smirk on major indexes that can hypothetically put you in favor with OTM puts. But you'll need a good rolling and management strategy. And don't over leverage if you have level 4 approval. Also keep an eye out for the large spreads being placed at different expiration dates, pic related.