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Realised MyOptionsEdge: The SPY Speed Trade

PeriP

New member

$129

The SPY Speed Trade​


An easy-to-apply weekly options strategy on one of the most liquid ETFs (SPY) or SPX. It starts with a Calendar Spread with a creative adjustment in case the SPY or SPX moves in either direction. It delivered fast profits last year. The course includes clear guidelines to open, adjust or close the position. This trade seeks 10%-15% a week.

The SPY Speed Trade​

The SPY Speed trade starts with a very short-term (7-10 DTE) Calendar Spread At-The-Money. If the market does not move too much we will profit without adjustments. If it does, it needs an adjustment to have Delta risk under control while maximizing Theta. The optimization of expirations is key to increase the chances of profit! (Can also be used with SPX)

Description​


... a proven and profitable options strategy with clear guidelines (open, adjustments, and close);

... a faster way to learn
options trading skills from a trader and instructor;

...
a real options trading strategy that produces sustainable income and I am trading

Main characteristics of the "SPY Speed Trade":


The goal of this strategy is to capture fast time decay (high Theta) leaving Delta under tight control. This means it can absorb some SPY price fluctuations. Like the Ride Trade, this one starts with a Calendar Spread and only one adjustment can be made due to the very low short term of this strategy. It can be in the market for a max of 5 days. The adjustment has clear guidelines as well as exit points.

Clear guidelines are given in the selection of the options chains to be used on the Calendar Spread that minimizes risk.

This options strategy is very easy to apply and aims at beginner to intermediate options traders.

I am trading this strategy when market conditions apply. You can follow all my trades in Membership "Full Trades". There you are also receiving my trades and adjustments so you can learn from me.

This options strategy can be implemented with a minimum suggested account value of USD500.
 
 
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