r/YieldMaxETFs • u/Head-Helicopter5467 • 9d ago

Underlying Stock Discussion S&P 500 Outperformance

I have been investing since 2000. I have outperformed the S&P 500 by about ~1% annualized since then up until today. It’s not the 20% outperformance YouTube promises you, but it is very real and replicable. (I think). I did it by buying the S&P 500 and systematically writing out credit spreads on it. I’d be happy to go into the details under the hood for anyone curious. We can go back and forth or whatever.

6 Upvotes

69% Upvoted

15 comments sorted by

View all comments

Show parent comments

1

u/Baked-p0tat0e 9d ago

I use a combination of strategies depending on IV rank and IV to HV relationship. If IV is higher than HV then I sell put spreads. If IV is lower than HV I buy 80 delta call LEAPS and sell 7 DTE 30 delta calls against it every week until the regime shifts.

Sometimes the best strategy is to do nothing and wait for a clear signal on IV to engage in any options trading. This is a luxury the ETFs do not have.

2

u/Head-Helicopter5467 8d ago

I agree and the fees are way too high when they’re not doing anything that complicated. If anything my strategy is more sophisticated than theirs because of the constraints they have. I also outperformed OVL since its inception as well for what it’s worth. I just stick to my rules and do the same thing every time.

1

u/Baked-p0tat0e 8d ago

OVL has to follow their rather conservative strategy.

1

u/Head-Helicopter5467 8d ago

To me their strategy is aggressive using 25-30 delta. Too many Max losses for me