Perfect Strategy - SPX Daily Options Income
Generate daily income with zero overnight risk
Get Paid Five Times Per Week
SPX index options now have five expiration dates every week. That's potentially five pay days per week. I'll show you exactly how it's done. This course will reveal every secret I've discovered for trading this setup successfully.
Diversify Your Trade Strategies
We all want additional trading income. We don't want additional risk. If you have multiple positions that all lose in a market crash, then you're not diversified. The strategy you're about to learn has no overnight risk because we're selling options that expire at the end of the day. If you already have a portfolio of stocks and some options positions, this is a great strategy to add to your arsenal.
Rapid Time Decay
Time decay is extremely rapid on expiration day. This allows you to make a profit even when price moves against you. You don't have to wait a few weeks for time decay to work it's magic. All premiums have to go to zero at the close of trading- that day.
Higher Accuracy
It's much easier to predict where the markets will be one day out than three or four weeks into the future. Markets tend to have momentum through the day and support and resistance become your biggest factors. I'll show you the methods I use when picking direction, when to be neutral, and when to avoid trading altogether.
Great fill prices. No early assignment.
SPX index options give you great order fill prices, low fees, and there are no dividends to worry about. They are cash settled which means if they do expire in the money, you will get a cash debit or credit, no share assignments.
Pay For This Course With Your First Trade. In one day.
After you finish the course, you can start trading this strategy right away. Your first trade will most likely cover the cost of this course the first day.
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Your Instructor
Hey guys! I've been trading stocks and options for over 15 years through bull markets, bear markets, and all kinds of volatility. I started out as a day trader and was looking for an additional income stream to go along with these trades. Over time, I found my longer term investments and option trades were having the most success so I've pivoted to focus mostly on those. This course gives you all the best ideas, tips, and tricks I've learned over the years when it comes to selling options for income! Thanks for making Perfect Strategy a part of your investing journey!
Course Curriculum
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StartWhy sell options on expiration day? (4:03)
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StartTrade Setup (5:39)
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StartSpreads vs. Naked Option Selling (5:08)
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StartEntry Rules (5:34)
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StartWhen NOT to trade (3:55)
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StartExit Rules (4:49)
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StartPattern day trade rule (1:48)
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StartTrade examples (3:51)
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StartSpecial Situations and Poor Looking Setups (4:23)
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StartConclusion (1:08)