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Tastytrades also mentions for traders who really like to trade stocks but want more leverage or for beginner option traders that don't understand the greeks fully is a long call vertical spread with long/short calls set in a way that the theta is zero at the start. And the reward risk is set to what you prefer with the max loss equal to your R. Don't expect 2-1, its not easy to find but I find 1.5 to 1 commonly. This essentially sets the delta the way you want. The expiration should be 42-56 days and you must act on day 21 (21 days to expiration) to close or roll options, thus mostly removing the gamma. So the greeks are mostly taken care of now you just have a trade very much like a stock trade but with more leverage. I still use this method for stocks I want to hold through earnings.