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.
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.
Buy this options strategy if you want to become consistent and ...
... you are struggling to become profitable on financial trading;
... may have bought a stock options course, but it is theoretical or promised "miracle" results that do not materialize;
... have basic options knowledge and need a proper trading strategy to apply in the real markets;
... tried technical analysis but is not producing the promised results and is confusing;
... used trading indicators and they deliver non-profitable signals.
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.
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.
Buy this options strategy if you want to become consistent and ...
... you are struggling to become profitable on financial trading;
... may have bought a stock options course, but it is theoretical or promised "miracle" results that do not materialize;
... have basic options knowledge and need a proper trading strategy to apply in the real markets;
... tried technical analysis but is not producing the promised results and is confusing;
... used trading indicators and they deliver non-profitable signals.