ANTS

Best Time Ever to Trade Options Leads to...Lower Volume?

Fact is that with downside risk so high, the chance of losing capital far exceeds the income potential of selling calls. In addition, stock price moves are quite volatile in either direction, masking any trend while instilling a high degree of non diversifiable fear. The current market is not a good one for this strategy at all.

I haven't investigated this myself, but it is likely that call and put backspreads which capitalise on fast up or down moves with limited downside would yield the best results.