I get the appeal: make money from time passing. Very zen.
But in 2024/2025 markets? That’s like sunbathing during a thunderstorm.
Let me explain:
⚠️ One headline = market gap = condor BBQ
⚠️ You make $200 over 3 weeks, lose $600 in one spike
⚠️ Chop ain’t always stable—sometimes it’s just the calm before a rugpull
Also, have you tried managing a condor on FOMC week?
It’s like defusing a bomb with one hand tied.
I get it, theta is tempting. But for now, I’d rather be the guy holding cash than the guy chasing 80% probability setups and waking up to CPI-induced gaps.
Maybe I’m paranoid. Maybe I’m still salty from that April fakeout. Either way… not flapping my wings just yet.
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