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The best beginner strategy is to not trade options. If you are asking this here, turn off options in your account and forget about it.
Dollar average costing shares is going to net you better returns. You think you can average more than 20% YTD when there is a very real risk of a position going completely to $0? That’s just if you are buying contracts - another very real chance of going beyond -100% when selling contracts if you do not pay attention
Let me illustrate something for you: holding a position to -50% means it then has to then double for you to break even. You are going to lose a lot of money if you do not know what you are doing
Seriously, I don’t know why people think they can just pick up complex derivative programs. Do they see a screenshot of a ten bagger and think that is how it always works? Especially with a day trading strategy.. you think you are going to win trades going up against professional traders with math & physics phds?
If you have the $$$ to day trade SPY, do the wheel instead. Sell options or buy…