Hi,
So the thing I like about options is you know before you get into a trade what your max loss can be as well as your max profit. I see a lot of people here shoot for the moon, taking big risks hoping for huge gains, but I'm too cowardly for that. I'm looking for a strategy that is much more low risk/low return. I'm looking for some type of trade, likely some sort of spread or iron condor, that would give a small gain, around 20 or 25 dollars but would only risk about 100. If that trade had a high probability of success and was traded multiple times per month then you would end up with a small profit at the end of the month. It's not hard to find low risk trades like this but most of the times the profit is closer to 10 dollars instead of 20. Does anyone have any recommendations of what type of stock or what type of trade would be best for this?