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Whether you're looking to capitalize on market volatility, hedge your portfolio, or explore new trading strategies, we provide comprehensive research, trade ideas, portfolios, and education in an effort to empower options traders of all levels.
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Poor Man’s Covered Calls (PMCCs) use LEAPS to replace expensive stock positions, reducing capital needs by 65 to 85%. Learn how this strategy generates consistent income with flexibility and lower risk.
How to find the best stocks for credit spreads using liquidity, IV rank, IV percentile, and expected move. A step-by-step framework for consistent profits.
Learn Andy Crowder's 5-step earnings options framework: liquidity, IV rank, expected move, historical behavior, and iron condor setup with real Visa trade numbers.
Learn how The Wheel Strategy can boost your portfolio with cash-secured puts and covered calls for steady income and lowered risk.
Learn how to calculate the expected move using implied volatility, place strikes outside the range, and build high-probability credit spreads with real SPY examples.
How the Law of Large Numbers powers probability-based options trading with 70-85% win rates. The math, the strategy, and a real SPY bear call spread example.
Rolling More July Positions into August
Small Dogs
Same bullish view, two very different trades. See how cash-secured puts and bull put spreads compare on capital, return, and assignment risk, and when to use each.
Growth Portfolio (Pick-of-the-Cycle)
Opening Up a New Iron Condor
All Weather Portfolio
New Trade
Selling puts is not a bullish bet. See how breadth, RSI, and implied volatility tell you when to sell puts into fear, and when to stand down instead.
At the half-year mark the closed book stands at plus 131.6% across 18 credit spreads. We booked July's SPY condor, opened the first August position, and a tech wobble handed the premium back.
The Equal Weight S&P Hit an All-Time High. The Market-Weight S&P Dropped. That One Sentence Is the Whole Story.
What Theta Pays You For
