Credit spreads/condors are suckers bet. Markets always move against you, can never get wide enough.

How people are making money doing this is beyond me. The market unrelentingly just moves and moves and moves. Doing a short credit spread or condor is basically saying “I’m betting the market won’t move.”

The stock market is equal to a 5 year old kid with ADHD hopped up on Red Bull. Take that kid to a three hour movie and place a bet that he will sit still during the entire time, let me know how that works for you.