This section gives you the big picture. By the end of it, you will know what the Ride Trade is, what its structure looks like, what makes it special, and what kind of profit target it aims for.

You cannot manage a Ride Trade without a working understanding of the four primary Greeks: Delta, Gamma, Theta, and Vega. This section gives you what you need — not a full options textbook, but the specific intuitions that drive Ride Trade decisions.

The Ride Trade is built from three calendar spreads. To manage the whole, you have to understand the parts. This section dissects what an ATM calendar looks like, what an OTM calendar looks like, and why combining them gives the Ride Trade its characteristic shape.

This is the section most traders skip and most traders regret skipping. Calendar spreads have a Vega behavior that is more nuanced than the headline "long calendars are Vega-positive" suggests. Understand this section deeply and you will avoid the most common Ride Trade mistakes.

Now we put theory into practice. This section walks through the exact rules for selecting expirations, picking strikes, sizing each calendar, and (when appropriate) adding a vertical hedge at entry. Each lesson is one piece of the entry checklist.

Opening the trade is the easy part. Managing it over 30 to 40 days is what separates consistent traders from inconsistent ones. This section covers when to close, when and how to adjust, and the different adjustment tools available.

Once the trade is open, IV is going to move. This section is the playbook for the four scenarios you will encounter most often, followed by the disciplines that separate consistent Ride Trade traders from impatient ones.

The SPY Ride Trade is best used in two scenarios: low IV environments where we expect small SPY movements (profits come mainly from Theta and small IV increases), and very high IV environments where the term structure is in backwardation (we sell expensive near-term IV and buy cheaper longer-term IV). The strategy is Vega-positive, so it benefits from gradual IV increases — but it can suffer in sudden IV spikes that flip the term structure faster than the back month can keep up. Entry timing matters more than for most strategies, and the course covers this in detail in Chapter 4.

The target is 10–15% return on initial capital per trade, typically achieved in 30–40 days. Maximum risk is capped at the debit paid for the three calendars (plus any hedging verticals). There is no naked short option and no margin expansion. The market can still move against the position, and there will be losses — but they are defined, and the adjustment toolkit gives you several lighter-touch responses before a structural rebuild is needed.

Yes. I am trading my own Account, using this strategy. Everyone who wants to follow my trades can join the trading community, where I post every Ride Trade in real time through a Discord channel — strikes, lot sizes, payoff diagram, and brokerage screenshot.

They are complementary, not competing. The SPX Best is Vega-negative (profits from falling IV). The SPY Ride is Vega-positive (profits from gradual IV increases and front-month IV crushes). Running both — which is what I do inside the fund — gives you exposure to different volatility regimes and a smoother account equity curve. The two strategies hedge each other on Vega while both contributing Theta.

The $59/mo Trading Room gives you live access to every trade I post — but no structured course content. You see what I do, but not the underlying framework that explains why.

This plan adds the full SPY Ride Trade course on top of Trading Room access. You can study the complete framework — three-calendar construction, strike selection by Delta, lot sizing by IV regime, the adjustment toolkit, and the Greeks playbook — then watch live trades that follow exactly that framework.

Best fit: if you want to understand why each trade is constructed and adjusted the way it is, not just follow signals.

Core Fund Strategies ($1,799/yr) includes THREE strategy courses: SPX Best, SPY Ride, and VXX Short Call Vertical — the three strategies I actively run in my fund.

This plan focuses ONLY on the SPX Best strategy. The trade-off is straightforward:

• If you ONLY want SPX Best: this plan at $1,499/yr saves you $300. • If you want all three fund strategies: Core Fund is the better deal — just $300 more for two additional complete courses.

Most members start here, then upgrade to Core Fund later once they're comfortable with SPX Best and want to add the other fund strategies to their rotation.

Yes, anytime. Your unused portion will be credited of your current subscription toward the Core Fund or Full Access upgrades. You won't pay twice for the time you've already covered.

Many members start with SPX Best, get comfortable with the strategy and the trading room rhythm, then upgrade to other Annual Membership after 3–4 months to add SPY Ride and VXX Short Call Vertical to their toolkit.

Yes.

Monthly: cancel any time before your next billing date. You keep access until the end of the current billing period, then auto-renewal stops. No questions, no friction.

Annual: paid upfront for 12 months. You can cancel auto-renewal at any time, but the current annual period isn't refundable (which is why annual carries a 26% discount vs. paying monthly).

Not on this plan. Both the monthly ($169/mo) and annual ($1,499/yr) plans bill immediately on signup.

The reason is straightforward: the SPX Best course is the core deliverable, and a free trial creates a path for trial-and-cancel that's unfair to paying members. If you want to experience the trading room before committing to the SPX Best course, the $59/mo Trading Room plan includes a 15-day free trial — that's the right entry point for "try before you buy." You'll see every live SPX Best trade I post during your trial, just without the course content.

If you decide the strategy is for you after the Trading Room trial, you can upgrade to this plan anytime and the unused portion of your trial month will be credited toward it.