Catch 22 Situation

There is a catch 22 with selling premium. You either sell very little and earn a miniscule return, or you sell more and risk blowing out your account. There is no way around this mathematically. No matter how hard you try. Let’s say you are selling bounded gamma (iron condors) in which you are risking 250k to earn a pittance of 6k credit. Let's say you have a 500k account. You realistically can make let’s say 60k over 10 profitable months (6k times 10). And let's say on the bad months you lose an amount equal to your credit (6k). So, after 12 months you have made 48k (60k minus 12k). Or roughly a 9% return. However, you are willing to risk a 50% drawdown to get this 9% return. Folks, you can make a 6.5% a year in a CD with zero drawdown! Why would you risk half your account for an extra 300 basis pts. This is the point. Now if we remove the wings and go naked on those options, your risk is probably 5 times that with only a slightly higher return. This is the rub guys!!!! You can't get around this. This is one of the reasons, people move on to diagonals and other trading ideas.