### Comment:
It’s really hard to avoid getting breached when this bullshit market does its bullshit. You have to hold for a while to see profit. Best to buy really wide wings or just do a strangle if you have the buying power.

### REPLY:
Sell strangles, you mean? It does seem like the additional credit received helps protect against moderate moves even if it leaves you unprotected in the case of very extreme moves...

### END.