>>20124304>Is the Iron Condor the best general strategy or is it a meme?It's one of the worst risk/rewards out there. Look at pic related. Less than 1% over 5 years.
>Just getting into optionsYou should look at CBOE. They run a bunch of option strategies going back decades. And you can compare them to the underlying. Next I want you to look into LEAPS. Look at SPY (great index, best options liquidity). Furthest expiration date, furthest ITM. It's basically 100 shares with minimal breakeven, and it should give you 1.5x leverage versus buying the shares outright. You can go less ITM for more leverage. Wait for a dip and buy the LEAPS. If you have full options approval (can sell noncash secured options) we can get into long synthetic futures.