Stock Options Portfolio Rules

I know, I keep saying to people about investing and starting with 5$, but people are people, they want to get rich quickly and not slowly. 90% of those people who want to hit sixes or home runs fails, but They will not listen to anyone....so if you are one of those, who thinks they are going to rock the market with "Options" ...if possible, please try to follow below 12 rules....It has helped me in the past, and it might help you too.

12 Rules of Managing an Stock Options Portfolio: (Assuming, it is 100,000$)

1. Keep 20% Cash: 20,000$. Dont touch it unless market has went down or up more than 1000 DOW points in a week and it has clear direction up or down. If touched, sell it within a day or two to keep 20% cash in hand all the time.
2. Keep minimum of 10% in PUTS. If market is trending down, keep 20% in puts.
3. Rest 60 to 70% in calls.
4. Keep 10% in long term calls with expiration date 6 months away or 2 Quarters away. If you are in July - Jan next year exp.
5. Keep 10% in calls with exp date for 3 months or 1 Quarter away. If you are in July than exp date of Oct or Nov.
6. Keep 10% in calls with exp date more than 6-8 weeks away. If you are in mid july than exp date of September.
7. Keep 10% in calls with exp date of next month or 4 weeks away.
8. Rest 20% to 30% in current month or 2 weeks away. Try not to keep more than 3% that expires in current week.
9. Sell before Wednesday 2.00 P.M. of exp date.
10. Do not buy weekly after Tuesday.
11. Do not put more than 5% in a single ticker.

Do not put more than 10% in a single sector.