COUPON: SUM33

A conservative income options strategy to use with SPX or RUT. This income options trade uses a broken wing butterfly spread to capture the time premium (options time decay). Works very well with the Ride Trade. A key strategy of my Hedge Fund. This is the most discretionary of all my options strategies as it may use some technical analysis to better position the structure at open. The target profit is 10%-15% per trade.

The SPX Best options strategy focuses on achieving a Delta Neutral position, adapting as per market conditions to ensure your investments remain steady or even slightly positive. We leverage the unique structure of this strategy to minimize price fluctuations in the SPX, while profiting from options time decay and potential IV decreases.

What sets this options strategy apart is its flexibility. We empower you to make adjustments based on simple technical analysis judgments, all within a conservative model. But don’t be fooled by our conservative approach – the SPX Best Strategy can also be a fierce contender when market conditions present an attractive IV level, such as during a correction.

With the power of choice at your fingertips, this strategy requires more discretion than others you might have encountered. You can harness the wisdom of Support/Resistance lines to optimize your short strikes within a Broken Wing Butterfly. Plus, selecting the right options chains to support your trading strategy hinges on the IV level and your desired level of aggressiveness.

The SPX Best Options Strategy brings you to positive Theta, ensuring you can stay stress-free as time passes. Much like a well-crafted piece of art, our strategy thrives with time, capturing profits as it matures.

The trade structure aims to manage a wide interval, where the price can fluctuate, to deliver enough Theta and maintain Delta under control.

What You’ll Learn In The SPX Best Options Strategy

• Introduction
• Technical Analysis Brief
• Strategy description
• Trade management / Adjustments
• Final comments