Most people think more complexity = more money.

They stack spreads on spreads, throw in PMCCs, iron this, butterfly that... and have no idea what actually makes or loses them money.
Complexity is a fantastic way to hide from accountability because you can always blame the structure instead of your thesis.
My “complex” strategy is simple:
Buy great companies at good prices
If ultra ultra convictive, options to magnify
1+ year option durations
Portfolio secured sold puts
That’s it. Boring wins.
& has resulted in me beating the SP500 & nasdaq by wide margin since before COVID