What are the good option strategy for Low risk monthly income?

[Mercury]

Being already 50% invested in SCHD (that sticks to S&P500) mitigates the "risk".

A potential 30/40% drawdown on QQQ or VGT is not what I call risky but maybe I'm biased being almost full cryptos invested.

Do you seriously think Apple, Microsoft or more broadly the technology industry will correct significantly over the next decade?

 

[uranium]

30% drawdown is disaster in my opinion
Think about hedging strategy 50% etf 50% crypto.
Either way you will make profit
Yes I think it can happen to any company no matter how big it is; I hear people say Apple is over bought. I was big fan of microchips and semiconductor companies but because of some stupid politics the whole industry can suffer. Especially now with tension between US and China.
The main question I ask my self, if a company has been generating profit for past many years, will it continue doing so in the future?
Just like @JohnnyDoe said on this forum, stock picking is gambling.
I like Voo because it touches every industry and is very low cost.

 

[JohnnyDoe]

Have a look at this: Simplify Enhanced Income ETF

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[Mercury]

Or that: NEOS S&P 500 High Income ETF (SPYI)

 

[JohnnyDoe]

Mercury said:
Or that: NEOS S&P 500 High Income ETF (SPYI)
Click to expand...

That's a different thing but still good in an income portfolio. See The Johnny Doe IBKR portfolio

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