What deltas are you choosing for the option to sell?
I usually have very low deltas, around 3 for naked puts or calls, and 4 - 5 per side for strangles.
Low deltas leave me ample time to react even with violent moves in the underlying.

I am also working full time during the day, and then check in the evening if I have to do something. My advantage though is that im in Europe: in my evening the markets are still open.
Once a trade is open, I find trade (risk) managment does not take much time an effort. you need to have some rules for yourselves in place though, when to exit a trade.

For the trade selection I look at the weekly data, that can be done on the weekend.
I also take ideas from this and the other options thread, namely from Myrrdin and Ron.
Then I open the trade sometimes during the week.

What deltas are you choosing for the option to sell?
I usually have very low deltas, around 3 for naked puts or calls, and 4 - 5 per side for strangles.
Low deltas leave me ample time to react even with violent moves in the underlying.

I am also working full time during the day, and then check in the evening if I have to do something. My advantage though is that im in Europe: in my evening the markets are still open.
Once a trade is open, I find trade (risk) managment does not take much time an effort. you need to have some rules for yourselves in place though, when to exit a trade.

For the trade selection I look at the weekly data, that can be done on the weekend.
I also take ideas from this and the other options thread, namely from Myrrdin and Ron.
Then I open the trade sometimes during the week.

The problem trading low delta options is that you are rather safe not to get into the money, but they move faster in case of an increase of volatility than ATM options. Thus, you have to keep the lot size at an acceptable level.

Best regards, Myrrdin

Yes, you are absolutely right.
As a beginner/intermediate my aim is not yet to make a living out of it, but to gain knowledge and practice.
I strife for 10% ROI at the end of the year.

When you sell at lower DTE you have to sell closer to ATM to get decent premium. But that puts you at higher risk.

I'm not sure all understand I sold these back in March. They were left overs from strangles. I was up and down with them but they never hit a bail or exit target. Til shortly before DTE then I couldn't get out. I'm just glad price came up.

You have never given us the option or date entered position so we will not understand without details.

I'm practicing for when I retire but aim for more than 10% ROI

Guess you are correct 2.95p-3.45c was placed on 4-17. I was not correct when I said March. It was April when I entered. I know it was a pretty tight window but didn't expect it to go as low as it did.

Yes, eventually I would like to have a higher ROI.
While being in practice I am satisfied with a lower ROI. The main gain in that phase is knowledge.