How to make money from Trading Weekly Options | Chuck Hughes
The underlying stock/ETF could decline substantially and you could still profit.
If you had bad timing on entering the trade you could still profit
There could be volatile price swings in the underlying stock/ETF and you could still profit.
This gives the weekly option income strategy a huge advantage over stock and option directional trades that require the stock or ETF price to move in the right direction to profit.
Also, this weekly option strategy can help prevent getting ‘stopped’ of the trade out during volatile price swings if you employ a portfolio money management system.
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How to make money from trading Trade Monster,Chuck Hughes,Options