Sell Credit Spreads on Weekly Options Systematically for Extra Cash Flow

Weekly options system CreditSNIPE provides for you a systematic approach for placing credit spreads on weekly options.

This system gives you a potential 4 times a month opportunity to collect rapidly decaying weekly options premium.

There are two approaches to placing credit spreads on weekly options: one is to place out of the money credit spreads the pluck off premium the other is to place credit spreads in the way of a breaking micro-swing move or price bounce.

weekly options credit spreads

Weekly options offer us unique opportunities to capture plump, rapidly decaying options premium.  

Credit spreads offer us an opportunity to collect premium without having to come up with a lot of cash for margin.  We will look to pin point opportunity for the sake of maximum profit while avoiding excessive risk and bad risk to reward ratios.

This is a home study course that will teach you the system:  the entries  the stop loss, the exits, the strategies, pitfalls to avoid and money management position sizing…. all of the information you need to trade the system correctly.

Sample Track Record.  Actual profit results will vary depending on where you place your spreads and the width between the strikes of your spreads, the time held for decay of your spreads (we play directional movement on spreads and will take profit before Friday if price moves past spread strikes in our favor – decay happens rapidly so we often get much of the decay as well).  Hence we will identify a track record in terms of the next strike In The Money spreads.

STRATEGY 1:  CLF May through Oct. 2012:

WWWLWWWWWLWWWWWLWWWWWWWWWLWWWWWWLWWWWWLWWLWWWWLW

= 40 W and  8 L

So let’s say you made $2000 each win and lost $2000 on each loss = Net Cash Flow is $64,000 from Strategy 1 for 6 months trading

STRATEGY 2: CLF May through Oct. 2012 which is stacked, in combination with strategy 1:

WLWWWWWLWWWWWLWLWWWWWWWWWLLLWWWWLWLWWWWLWLWWWWLLWWWWLWW = 40W 14 L

So let’s say you made $2000 each win and lost $2000 on each loss = Net Cash Flow is $52,000 from Strategy 1 for 6 months trading

STRATEGY 3:  ‘Set and Forget’:  CLF 2012 Jan – Oct

CLFWL
WWWWWWWLWWWWWWWLLWLWWWWWWLLWLLWWWWWWWWWW

32

7

So let’s say you made $2000 each win and lost $2000 on each loss = Net Cash Flow is $50,000 from Strategy 1 for 6 months trading

So by simply running all three strategies systematically with the results produced in these examples we are looking at $166,000.00 profit risking $2000 per trade.

  • Yes you could kinda say you could have made $166,000 off of just  $2000 SINCE the above examples start off with a win and then mostly winning with not too many drawdowns.   So you started making cash profit to buffer losses that would come as moved a lot
  • Yes this would imply using the same trading size with an ATM spread where you risk to reward was close to 1:1
  • This of course is a historical example.  It doesn’t mean you’ll get the same thing in the future.  You could do better or not as good (for those of you who are new to trading)

So wouldn’t you say the possibility of making $166,000 off of $2000 is worth $2997?  Of course it is.  It’s worth a lot more.  Ever try buying a franchise?! Yikes.  In my opinion, our systems are infinitely better investments!

Get our secret sauce recipes instead and potentially enjoy a much greater lifestyle!

Price: $2997

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** Results will vary from student to student depending on the correct use of the system and the actual use of the system. Many never use the system. Some never consistently apply the system. Stock and options choice will vary in the results they product. We can not promise you any future success since we are dealing with price markets. Our, your best bet for success is in taking a chance on a system that has performed well consistently over time in the hopes that possibility and probability that the systems performance, in combination with your performance of that system will do well at the present and into the future.... We make no promises or guarantees of future performance whatsoever however good our trading systems & strategies may be at the point in time of performance results. Posted customer feed back was done voluntarily by customer and we did not even ask. We appreciate all feed back from our customers.

Note: typical results or average results will range from lost money for those who break rules and refuse to trade the system correctly to zero for people who don’t take any action to some of the customer examples as you see above and to results customers have not told us about. Bottom line: this is trading: you can’t ‘expect guaranteed results’ because that is a losing mindset in trading and it doesn’t make any sense to good trading. You get a system to increase your chance, your probability, your potential for success. The only way you could ‘guaranteed make money’ like past results is to have a crystal ball – the pursuit of which, searching for a crystal ball is a ever losing adventure. Trade right. Trade smart and maybe you could have great success too!

**** Any student testimonials were submitted by customer by their own inspiration and did not receive any compensation or their testimony, success story, review or feedback. Posted for encouragement. Your results may vary worse or better.Recurring Membership management billing is managed entirely by you in your back office so you can stop, cancel your membership at anytime.RECURRING BILLING FOR MEMBERSHIPS, TRADING SIGNALS TERMS: If you are signing up for a membership that has monthly billing or any other type of billing that is recurring it is your responsibility to cancel your membership from your members back office. You can do so by logging in, going to Payments/ Access menu button, finding your order and then click on stop recurring. We do not handle cancellation request. You will be responsible for canceling your membership before re billing if you want to cancel. We will not cancel for you. We will not go back and refund your order because you forgot to cancel ahead of time. On the other hand, providing you the ability to manage your own membership gives you the control and advantage as a consumer so you don't have to worry and you can cancel at anytime you want.