Trying to understand if committing to strangle strategy is worth is.

I've been enjoying selling covered calls and now I'd like to squeeze a bit more out of my stocks. What I've been doing recently is buying during a drop and selling covered calls while its up. Now I'm thinking, hey this strangle strategy, I can get paid to buy when its down and scoop up stock at the same time. Obivously this isnt great for big swings but im super conservative. Running the numbers though, unless stocks have a higher IVR than they should, the amount a stock would go up in a year could tie if not beat the strangle strategy pretty easily. Mainly due to the cash i have to set aside for the cash covered put. Is there anything im missing or will the strangle strategy payout better in the long run?