My goal minimal losses 87.5% of the time and really big gains 12.5% of the time. Starting point buying an at the money straddle with an expiration date of about a year away. Original loss minimization model buy more straddles as the market moved. The does reduce losses and has worked for me. New idea buy a slightly out of the money put when the market goes up or a slightly out of the money call when the market goes down. More profit is good but less loss when the market is in a trading pattern is better. What's wrong with this strategy, anything obvious?