$129.90

The SPY Speed Trade

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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.

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The SPY Speed Trade_myoptionsedge.zip

2.03 MB

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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

Note: I am trading every month this strategy, as long as market conditions apply. You can learn and follow my Speed Trades by subscribing to the Trading Community.

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Buy this course and you will ACCESS ...

... 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 live;

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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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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.

Buy "SPY Speed" trade

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Frequently asked questions

You’ve got questions. I’ve got answers.

In what market conditions is this strategy best used?

The SPY Speed Trade is best used in a low to medium IV market environment. This is a short-term strategy that uses a Calendar Spread that will produce positive Vega and very high Theta. Hence, will benefit from an increasing IV and also a steady market price movement. Profit will come from a fast time decay of options.

What is the profitability of this strategy?

The average expected profit is about 10-15% per week. Nevertheless, the market may react negatively to the position and could produce losses. There are specific guidelines to adjust when the market reacts negatively. The strategy was strongly positive in 2020 and 2021.

Do you offer trade signals of your trades?

Indeed! I am trading my own Hedge Fund, where I am using this strategy. Everyone who wants to access my trades can enroll in the trading community, where I am disclosing all fund trades in real-time through a Discord channel.

Do you provide trade resumes and explanations?

Indeed. All trading community subscribers will receive an explanation of each trade and the evolution of the adjustments made during the open trade period. This can be accessed via the community web post as well as by email when it is published.

Here you have an example:

Every post is composed of:

1. Trade rationale;
2. Screenshot of options structure risk profile from Thinkorswim platform;
3. Screenshot of "filled orders" tab from Thinkorswing platform;
4. Position status with all the adjustments performed on the trade for easier following and understanding of profitability;
3. Profit target at any given moment.

If I have questions, how can I clarify them?

If you subscribe to the trading community, you can easily use the Discord channel to enter your questions. Me or other community members will help you. Remember that you are not alone if you subscribe to myoptionsedge.com!

Or you can use my personal email with your questions and I am happy to answer: pedro.branco@myoptionsedge.com

Is this a difficult strategy to learn and trade?

No, it is not. The strategy description document will tell you exactly how to trade this strategy. Although it is not a simple options strategy because it uses several legs, it is straightforward to implement.

After 3 or 4 trades, you should have learned its fundamentals and you can trade for your own if you have the confidence to do so. the goal is to maximize Theta and minimize Delta risk, according to market short-term expectations.

Can this strategy be applied to other assets?

I did not test it in individual stocks. I did not backtest it. But be aware that stocks tend to be more volatile than indexes, with earnings announcement events making them have big price swings.

How often do this trade needs adjustments?

The SPY Speed trade uses very short-term options. If the market moves fast it needs to be adjusted. But, there is only one adjustment per trade involved in this strategy!