Trade Adjustment – SPY Strangle

Jul 03, 2023 | By Positive Theta

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: S&P 500 ETF / SPYStrategy: StrangleTrade post date: 29 Jun 2023 / $437.25Price at this post: $443.20 Update / Reasoning: I’m thinking that SPY is hitting resistance here at the $443 level. On that premise, I’m closing out […]

Positive Theta Trading Method

The goal is to generate monthly returns of at least 5 to 10% per trade by selling option spreads and keeping losses to an absolute minimum by focusing on high probability trades and utilizing powerful adjustment techniques when necessary. Your account will receive monthly income, which you can either pull out to spend or re-invest to compound your earnings. Only the best trades for the strategy are selected, resulting in 4 to 6 high-probability trades per month. We do not go for home-runs, just consistent singles. If you’re looking to make 100+% on every trade, this site is not for you. Per the strategy, the most commonly used options strategies are: iron condors, condors, butterflies, calendars, double calendars, and double diagonals. The current market conditions dictate which strategy will be used, allowing you to profit whether the market is going up, down, or sideways.