In selling short-term expiring options around compelling turning points, we “get paid” for calling a short-term top or bottom for a few days.
We have consistent profits in this strategy trading short-term options. We profit from our directional bias, time decay, and volatility contraction.
Unknowledgeable “critics” who don’t believe in technical analysis warn against this strategy because of Gamma (which concerns the direction of the underlying). Gamma is not a concern to us as skilled technicians.
This video will show how you get paid rapidly in selling credit spreads using the Master Trader Method, and how last week we closed 28 for 29 short option/spread income trades with GAINS (including breakeven), bringing the 3-week total to 54 for 56.
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These trades are easy to find, enter, and manage for any type of trader or investor.
We had many subscribers email us in amazement at our ability to find quality trades and manage them for incredible short-term profits.
This should be a real “wake up” call to those option traders who naively believe that chart reading produces “no edge.”
To learn how to find, trade, and manage these short-term option Income Trades on your own, you owe it to yourself to take our Mastering Advanced Credit Spreads course.
The Weekly Options Trader focuses solely on selling options and credit spreads expiring in 10 days or less around compelling patterns to generate weekly income.
Master Trader and You Building Your Financial Future Together!
Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
