For simplicity, I'm making up the exact numbers, but the % increase is the same
>Buy stocks for $10
>Sell options with a premium of $1.4 and strike price of $9 set to expire in one month
>Earn 4% return monthly doing this process, that's a 60% annual return assuming all goes well (which it usually does, how often does a stock crash 10% in 30 days? occasionally but not too much).
>Not satisfied ENOUGH
>Sell puts on this exact stock for a premium of $1.4 and a strike price of $11 that expires the same day as the covered calls
>Earn another 4% monthly return on this alone, yearly that's 60% EAR a year
>If the calls are not exercised when the puts are exercised, money automatically gets borrowed to purchase the stocks but it doesn't matter since later that day the calls will be exercised and capital will flow into my account to cover the borrowing.
>Adding those two strategies together, a 152% yearly return
Now here's where it gets good
LEVERAGE
>Borrow to invest
>TFW only 1/4 of your assets are not financed by debt
>4x the return
>Literally a 608% return investment strategy
B-BUT YOUR TAKING ON RISK WHAT IF THE MARKET CRASHES
The risk to reward ratio DWARFS any possibilities of risk. To not continually make money doing this, your stock will have to drop 10% within the month. Yes that's possible, yes that happens, but all that means is ONE MONTH of not making this profit. This strategy works most months and that's all that matters.
>Also: Even if the stock drops 10%, you still earn money because the premiums > capital loss ($1.4 is greater than ($10 - $9). The stock needs to $8.6 for you to BREAK EVEN, and even below that if you are going to start losing.
And if you doubt this strategy, just look up option quotes for stocks. You can pick any stock, sell an IN-THE-MONEY covered call and make 3% monthly returns, so this is easily possible.