I have a starting capital of $2000 and want to sell CCs around 0.3 delta with a 15-30 DTE.
My plan is I want to basically sell CCs once to twice a month, and then roll profits back in and repeat. I plan on contributing an additional $1-2k a month, and then once I have enough to sell contracts for higher value stocks, pivot over to that (and eventually buy multiple contracts and diversify). Some of the profits will be funneled into QQQI, SCHD and VTI once profits are substantial.
I know since I am early, I have a pretty limited set of reasonable stocks to choose from, currently thinking do AAL or SOFI.
Has anyone here started from a modest initial sum and implemented this successfully?