🟢Longer duration option contracts are MUCH easier to consistently make money with vs short durations.

Let's break down why... Cause I almost guarantee you do short durations & you need to understand this argument.

The number one thing that moves the price of a stock in the long term is what EPS does (the profits)

A company can not realistically boost EPS in a month or 2 for example (short duration options)

But give them a year or 2?
They can & likely will if you pick a good company.

It doesn't matter what your charts say.
You have no edge & whatever pattern you follow, thousands if not millions of other people already know about it.

So a much better strategy is to allocate to good companies at good prices & have at least a 1 to 2 year time horizon. This puts the EPS growth tailwind behind you & it's very likely when you sell puts for example, they will expire worthless.

Not to mention, you can pick a much lower strike on puts 2 years down the road cause the premiums are MUCH better.

Lower strike = safer.
Longer duration = safer.

Challenge conventional wisdom and understand that pretty much nobody scaled to many millions by selling or buying short duration options, unless they get lucky of course.

I work hard for my money & do not rely on luck as my primary strategy.