Regular Income is an income trading strategy based on selling options on stocks & ETFs. It’s not about getting rich quickly with risky trades, but steady growth of the account even in bearish markets.
In most of the trades I’m selling naked out of the money put options with high probability of profit on several underlyings depending on the market conditions. By selling options we collect the premium from the option buyer.
I perform a daily routine every morning that shows me if the market is in a good condition for selling options and how's the market volatility.
Based on this big picture I scan the markets using different web tools like Dough, Finviz and Stockfetcher to look for high probability setups for selling options. I'm watching e.g. for high Implied Volatility Rank, no earning release dates are ahead and the return on margin factor and so on.
I’m looking for options with about 45 days till expiration. Depending on the volatility I risk between 0.5% to max. 2% of the portfolio size per position. Instead of trading big position sizes I like to trade small and often. That enables me to spread the risk in the portfolio onto more underlying stocks & ETFs.

I close the position with a profit if the option price dropped around 50%.
I close or adjust a position if it lost 200% of the initial premium, I earned by selling the option.

Notes for new Subscribers:
I strongly recommend Autotrading the strategy.
You need at least $10,000 in order to follow this strategy at 100% scaling. I’m trying to utilize between 50-70% of the accounts margin. So if you got for example $20,000, you should autotrade with 200% scaling.
You must enable “short options” in the C2 autotrading control panel, otherwise the selling orders will not be submitted to your broker.

Find more information about this strategy on my Facebook page “Regular Income Trading”.