I am thinking of two strategies-
1. Do weekly strangle sell monday for friday expiration a weekly strangle on SPX. Sell it for 1% out of money for each direction.
2. Buy an ETF like PGF which is a financial preferred and just DRIP into it every month.
I have fulltime job with 3kids so dont have lot of time to do trading.
If offered any two choices which do you prefer and why? I just want to get 10% a year.
Also I dont like to be in the stock market. I just believe with the bad…