### Comment:
Doesnt work for me because.... 
  i day trade options. Sometime just hrs.. 
 Dont like to cap my profits 
 Only cash bets no margin or collateral 
 Calls or puts only. No spreads or verticals. 


### REPLY:
That makes no sense, I day trade spreads all the time.  Your ceiling is capped, but only if the price moves beyond the short strike.  Being able to trade amazon on a big move day is worth giving up some of your ceiling.  Better than missing out completely...

### END.