Addy | The Option Trader

We teach you how to sell options the smart way. Earn steady income, manage risk like a pro, and trade with purpose.

[Addy | The Option Trader @SellSideTrader]

I just backtested the wheel strategy on SPY using 750,000 real options contracts from 2016 to 2026.
120 trades.
91.7% win rate.
$28,181 profit on $18,800 starting capital.
Worst drawdown across the entire decade: $3,046.
But here's the part nobody talks about.

Buy and hold SPY beat it. 12.6% CAGR vs 9.3% on the wheel.

So if it underperforms the index in raw return, why run it?

Three reasons most options content won't tell you:

The wheel pays you every 45 days.
Buy and hold pays you nothing while you wait.
The wheel survived COVID, 2018 Q4, and 2022 with a max drawdown of $3K. Buy and hold drew down 35%.

The wheel uses 30K of capital on average. Buy and hold rides the full 200K through every correction.

The wheel isn't a "beat the market" strategy. It's a "get paid steadily while everyone else panics" strategy.

If you want to see exactly how I run it (the 17/45 framework, the IV filter, the rolling rules), I just dropped a free 60-minute masterclass that walks through the entire system.
https://t.co/8z74TF9gSW

[Addy | The Option Trader @SellSideTrader]

𝗗𝗮��� 𝟭 𝘀𝘁𝗮𝗿𝘁𝘀 𝗻𝗼𝘄.

The 5-day challenge kicks off today at 3PM PST.

Before we go live I want to know: what is the single question you most want answered this week?

Drop it in the comments. I am reading every one.

The most common questions will shape the Q&A each day. Your question might be the one that gets answered live in front of the whole cohort.

A few things I expect to come up:

How do I know if now is actually a good time to sell premium?
When do I roll versus when do I close?
How much can I realistically make on my account size?
What do I do when a trade goes against me immediately after entry?
How do I stop letting emotions drive my decisions?

These are all Day 1–4 territory. All of them get answered this week with real examples.

Drop your question. See you inside.

👉 Still time to register at https://t.co/bKpVg3W2Ia
#optionstrading #tradingquestions

[Addy | The Option Trader @SellSideTrader]

𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 𝘀𝘁𝗮𝗿𝘁𝘀 𝗧𝗢𝗗𝗔𝗬 𝗮𝘁 𝟯𝗽𝗺 𝗣𝗦𝗧. 𝗧𝗵𝗶𝘀 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗹 𝗰𝗮𝗹𝗹.

Today is Day 1.

April 27, 3pm PST: The 5-day options selling challenge begins.

Here’s what you get when you register:

𝗙𝗜𝗩𝗘 𝗟𝗜𝗩𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡𝗦:

Day 1: The Options Selling Reset — The Wheel, risk control, stop guessing
Day 2: Defined Risk Trading — Spreads, probability-based strikes, professional structure
Day 3: Income Expansion — Strangles, straddles, sideways market income
Day 4: Iron Condors + ODTE — Range systems, defined risk, fast time decay
Day 5: Advanced Optimization — Butterflies, broken wings, complete system

𝗘𝗩𝗘𝗥𝗬𝗧𝗛𝗜𝗡𝗚 𝗜𝗡𝗖𝗟𝗨𝗗𝗘𝗗:

✓ All 5 live sessions (60 min content + 30 min Q&A each)
✓ Replays available for 7 days
✓ Pre-trade checklist, trade journal template, rolling decision tree, trade scorecard
✓ 4 months community access with ongoing live Q&A

𝗠𝗢𝗡𝗘𝗬-𝗕𝗔𝗖𝗞 𝗚𝗨𝗔𝗥𝗔𝗡𝗧𝗘𝗘:

Attend all 5 days. If it’s not a game-changer, request a full refund. No questions.

PRICE: $149

This is the most complete options selling system I teach. Five connected days, each building on the last, ending with a system you can execute next Monday morning.

👉 Doors close today.

Register right now at https://t.co/bKpVg3W2Ia. See you — Sunday April 27 at 3pm PST.
#optionstrading #tradingcourse

[Addy | The Option Trader @SellSideTrader]

𝗪𝗵𝘆 𝗜 𝗯𝘂𝗶𝗹��� 𝘁𝗵𝗲 𝟱-𝗱𝗮𝘆 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 — 𝘁𝗵𝗲 𝗿𝗲𝗮𝗹 𝗿𝗲𝗮𝘀𝗼𝗻.

When I first started coaching traders one-on-one, I noticed a pattern.

Every trader I talked to had consumed enormous amounts of content. YouTube videos. Twitter threads. Options books. Paid courses.

And still — they couldn’t execute consistently.

Not because they lacked intelligence. Not because the strategies didn’t work.

Because there’s a difference between learning about something and building a system around it.

Learning about delta is one thing. Having a rule that says “I always enter at 17 delta unless I have a specific intentional reason to go higher” is something entirely different.

Learning about the 2x premium rule is one thing. Having a written decision tree you follow when a trade hits 2x — before you’re emotional and under pressure — is something entirely different.

The 5-day challenge exists to close that gap.

Not to teach you five more strategies to add to the pile. But to build one connected system — entry rules, management rules, exit rules, sizing rules — that you can actually execute every week.

Five days. One system. Zero guesswork.

By Day 5 you won’t just know what to do. You’ll have the rules written, the templates filled in, and your first paper trade analyzed.

That’s the gap this challenge closes.

👉 Last day before the challenge starts.

Register at https://t.co/bKpVg3W2Ia
#optionstrading #tradingeducation

[Addy | The Option Trader @SellSideTrader]

𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄 𝗶𝘀 𝗗𝗮𝘆 𝟭. 𝗜𝗳 𝘆𝗼𝘂 𝗮𝗿𝗲 𝘀𝘁𝗶𝗹𝗹 𝗼𝗻 𝘁𝗵𝗲 𝗳𝗲𝗻𝗰𝗲, 𝗿𝗲𝗮𝗱 𝘁𝗵𝗶𝘀.

The 5-day challenge starts tomorrow — Sunday April 27 at 3pm PST.

I want to speak to the trader who keeps saying:
“I will do it next time.”

There is always a reason to wait.

The timing is not perfect.
Money is a little tight.
You want to learn more before investing in a course.

Here is what I have observed:

The traders who wait until the “perfect time” to invest in their process
are the same traders still losing money a year from now.

The traders who take the step — even when it is a little uncomfortable, even when they are not sure yet —
are the ones who show up to Day 1 and leave with their first real system.

$149. 5 days. A money-back guarantee.

If you attend all 5 days and it does not change how you trade, you get every dollar back.

That is not a sales line. That is the actual guarantee.

👉 Tomorrow at 3pm PST. One more spot available.

Register at https://t.co/bKpVg3W2Ia
#optionstrading #tradingmindset

[Addy | The Option Trader @SellSideTrader]

𝟱-𝗱𝗮𝘆 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 𝘀𝘁𝗮𝗿𝘁𝘀 𝗶𝗻 ��� 𝗱𝗮𝘆. 𝗛𝗲𝗿𝗲’𝘀 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗯𝗿𝗲𝗮𝗸𝗱𝗼𝘄𝗻 𝗼𝗳 𝗮𝗹𝗹 𝗳𝗶𝘃𝗲 𝗱𝗮𝘆𝘀.

April 27–May 1. Sunday to Thursday. 3pm PST daily. Here’s the full curriculum.

𝗗𝗔𝗬 𝟭 — 𝗦𝗨𝗡𝗗𝗔𝗬 𝗔𝗣𝗥 𝟮𝟳: 𝗧𝗛𝗘 𝗢𝗣𝗧𝗜𝗢𝗡𝗦 𝗦𝗘𝗟𝗟𝗜𝗡𝗚 𝗥𝗘𝗦𝗘𝗧
Stop guessing what to trade. Build the foundation: The Wheel Strategy (CSPs + Covered Calls), risk control basics, building a repeatable system from scratch.

𝗗𝗔𝗬 𝟮 — 𝗠𝗢𝗡𝗗𝗔𝗬 𝗔𝗣𝗥 𝟮𝟴: 𝗗𝗘𝗙𝗜𝗡𝗘𝗗 𝗥𝗜𝗦𝗞 𝗧𝗥𝗔𝗗𝗜𝗡𝗚
Bull put spreads, bear call spreads — the professional way. How to select strikes using probability. How to balance risk vs reward. Simple management rules without panic.

𝗗𝗔𝗬 𝟯 — 𝗧𝗨𝗘𝗦𝗗𝗔𝗬 𝗔𝗣𝗥 𝟮𝟵: 𝗜𝗡𝗖𝗢𝗠𝗘 𝗘���𝗣𝗔𝗡𝗦𝗜𝗢𝗡
Profit in sideways markets: strangles, straddles, positioning around expected moves and volatility ranges. How to generate premium when the market isn’t trending.

𝗗𝗔𝗬 𝟰 — 𝗪𝗘𝗗𝗡𝗘𝗦𝗗𝗔𝗬 𝗔𝗣𝗥 𝟯𝟬: 𝗥𝗔𝗡𝗚𝗘 𝗦𝗬𝗦𝗧𝗘𝗠𝗦 𝗔𝗡𝗗 𝗜𝗥𝗢𝗡 𝗖𝗢𝗡𝗗𝗢𝗥𝗦
Iron Condors — full build and management. When to use standard vs ODTE condors. How to scale safely. The complete system for range-bound markets.

𝗗𝗔𝗬 𝟱 — 𝗧𝗛𝗨𝗥𝗦𝗗𝗔𝗬 𝗠𝗔𝗬 𝟭: 𝗔𝗗𝗩𝗔𝗡𝗖𝗘𝗗 𝗢𝗣𝗧𝗜𝗠𝗜𝗭𝗔𝗧𝗜𝗢𝗡
Iron Butterflies for tight-range markets. Broken Wing setups to reduce risk. Structuring trades around high-volatility events. The complete system checklist.

𝗜𝗡𝗖𝗟𝗨𝗗𝗘𝗗 𝗪𝗜𝗧𝗛 𝗥𝗘𝗚𝗜𝗦𝗧𝗥𝗔𝗧𝗜𝗢𝗡:

→ Pre-trade checklist
→ Trade journal template
→ Rolling decision tree
→ Trade scorecard
→ 4 months community access + live Q&A

Most traders try to piece this together over years.

This is the full system, structured over 5 days.

👉 Starts tomorrow, April 27.

Register at https://t.co/bKpVg3W2Ia
#optionstrading #tradingcourse

[Addy | The Option Trader @SellSideTrader]

𝗢𝗗𝗧𝗘 𝗜𝗿𝗼𝗻 𝗖𝗼𝗻𝗱𝗼𝗿𝘀: 𝗵𝗼𝘄 𝘁𝗼 𝗰𝗮𝗽𝘁𝘂𝗿𝗲 𝗳𝗮𝘀𝘁 𝘁𝗶𝗺𝗲 𝗱𝗲𝗰𝗮𝘆 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗴𝗮𝗺𝗯𝗹𝗶𝗻𝗴.

ODTE options — expiring the same day — have become increasingly popular. Most traders are using them wrong.

Here’s the disciplined approach.

𝗪𝗛𝗬 𝗧𝗥𝗔𝗗𝗘𝗥𝗦 𝗚𝗘𝗧 𝗪𝗥𝗘𝗖𝗞𝗘𝗗 𝗢𝗡 𝗢𝗗𝗧𝗘:

→ They treat it like entertainment — a lottery ticket with a market-hours deadline
→ No defined entry criteria ("it seems oversold")
→ No defined exit rules ("I'll hold until it works or expires")
→ Position too large — a single bad ODTE can wipe a week of gains
→ Enter during morning volatility when moves are most unpredictable

𝗧𝗛𝗘 𝗗𝗜𝗦𝗖𝗜𝗣𝗟𝗜𝗡𝗘𝗗 𝗢𝗗𝗧𝗘 𝗜𝗥𝗢𝗡 𝗖𝗢𝗡𝗗𝗢𝗥 𝗔𝗣𝗣𝗥𝗢𝗔𝗖𝗛:

1. Only on the most liquid underlyings — SPX or SPY exclusively
2. Enter AFTER the morning volatility settles, typically 10am–11am EST
3. Position short strikes outside the intraday expected move
4. Profit target: 25–40% of credit (these move fast, take profits quickly)
5. Loss trigger: 1.5x credit — tighter than your standard 2x rule
6. Size at 25–50% of your normal position — these carry more gamma risk
7. Close by 3pm regardless — don’t hold through the end-of-day volatility spike

ODTE done this way is a high-frequency, small-edge strategy.
Done without rules, it’s the fastest way to blow a month of gains in a single afternoon.

👉 This is covered in full on Day 4.

Register at https://t.co/bKpVg3W2Ia
#OptionsTrading #ODTE #IronCondor #Trading #RiskManagement

[Addy | The Option Trader @SellSideTrader]

𝟰𝟴 𝗵𝗼𝘂𝗿𝘀 𝘂𝗻𝘁𝗶𝗹 𝘁𝗵𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 𝘀𝘁𝗮𝗿𝘁𝘀. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗴𝗲𝘁.

This isn’t just strategy content.

It’s a step-by-step system you can actually follow.

𝗧𝗛𝗘 𝟱 𝗟𝗜𝗩𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡𝗦:

Day 1 → Foundation (structure, risk, system)
Day 2 → Spreads & management
Day 3 → Strangles & straddles
Day 4 → Condors & 0DTE
Day 5 → Full system integration

����𝗛𝗘 𝗧𝗢𝗢𝗟𝗦:

→ Pre-trade checklist
→ Trade journal
→ Decision tree
→ Trade scorecard
→ Income plan

𝗢𝗡𝗚𝗢𝗜𝗡𝗚 𝗔𝗖𝗖𝗘𝗦𝗦:

→ 4 months community
→ Weekly live Q&A
→ Replays available

𝗧𝗛𝗘 𝗚𝗨𝗔𝗥𝗔𝗡𝗧𝗘𝗘:

Go through all 5 days.
If it’s not worth it → full refund.

Most traders already know strategies.

What they don’t have is a structure
they can execute consistently.

This is where that gets built.

👉 Starts April 27

Register here: https://t.co/bKpVg3W2Ia
#optionstrading #tradingeducation

[Addy | The Option Trader @SellSideTrader]

𝗪𝗵𝗮𝘁 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗼𝗽𝘁��𝗼𝗻𝘀 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 𝗶𝘀 𝘀𝘁𝗶𝗹𝗹 𝘂𝗻𝗰𝗹𝗲𝗮𝗿 𝗳𝗼𝗿 𝘆𝗼𝘂?

I’m building the next challenge cohort —
and I want to know where traders are getting stuck.

Which one is it for you?

𝗔) 𝗜𝗩 & 𝘁𝗶𝗺𝗶𝗻𝗴
→ When to sell premium

𝗕) 𝗦𝘁𝗿𝗶𝗸𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻
→ Delta, expiration, placement

𝗖) 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝘀𝗶𝘇𝗶𝗻𝗴
→ Risk per trade, total exposure

𝗗) 𝗧𝗿𝗮𝗱𝗲 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁
→ Rolling, exits, adjustments

Most traders don’t struggle with everything.

It’s usually one weak point
that keeps breaking the system.

Drop your letter below.

And if you want all of this structured into one process:

👉 The 5-day challenge starts April 27

Register here: https://t.co/bKpVg3W2Ia
#tradingpsychology #optionstrading

[Addy | The Option Trader @SellSideTrader]

𝗧𝗵𝗲 𝟮𝘅 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝘂𝗹𝗲: 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗿𝗶𝘀𝗸 𝘁𝗿𝗶𝗴𝗴𝗲𝗿 𝗶𝗻 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝘀𝗲𝗹𝗹𝗶𝗻𝗴.

If you only build one rule into your process, make it this one.

𝗧𝗛𝗘 𝗥𝗨𝗟𝗘:
If your premium doubles → it’s decision time.

Not panic. Not “wait and see.”
Decision time.

𝗬𝗢𝗨𝗥 𝗢𝗣𝗧𝗜𝗢𝗡𝗦 𝗔𝗧 𝟮𝗫:

1. CLOSE
→ Cut the loss clean
→ Protect capital
→ Move on

2. ROLL
→ Only if the thesis is still intact
→ Must be for a net credit
→ Once, maybe twice

3. ACCEPT ASSIGNMENT (CSPs only)
→ If you actually want the shares
→ And the stock still fits your plan

𝗪𝗛𝗔𝗧 𝗬𝗢𝗨 𝗗𝗢𝗡’𝗧 𝗗𝗢:
Hope.

Hope is not a management strategy.
It’s how small losses turn into big ones.

This rule forces discipline before things get out of control.

👉 Covered in detail inside the 5-day challenge (Day 4)

Register here: https://t.co/bKpVg3W2Ia
#optionstrading #tradingeducation

[Addy | The Option Trader @SellSideTrader]

𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝘃𝘀 𝗦𝘁𝗿𝗮𝗱𝗱𝗹𝗲𝘀: 𝗵𝗼𝘄 𝘁𝗼 𝗴��𝗻𝗲𝗿𝗮𝘁𝗲 𝗶𝗻𝗰𝗼𝗺𝗲 𝗲𝘃𝗲𝗻 𝘄𝗵𝗲𝗻 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝘀𝗻’𝘁 𝗺𝗼𝘃𝗶𝗻𝗴.

Most traders wait for the market to move before placing trades.
The traders who sell premium can profit even when it doesn’t.

Here’s how strangles and straddles work.

𝗦𝗛𝗢𝗥𝗧 𝗦𝗧𝗥𝗔𝗡𝗚𝗟𝗘:
→ Sell an OTM call and an OTM put on the same underlying
→ Collect premium from both sides
→ Profit as long as price stays within your range
→ No directional bias required

Example (SPY ~$500):
Sell $515 call (17 delta) + Sell $485 put (17 delta)
Profit if SPY stays between $485 and $515

𝗦𝗛𝗢𝗥𝗧 𝗦𝗧𝗥𝗔𝗗𝗗𝗟𝗘:
→ Sell an ATM call and an ATM put
→ Higher premium
→ Tighter profit zone
→ More sensitive to price movement

𝗞𝗘𝗬 𝗗𝗜𝗙𝗙𝗘𝗥𝗘𝗡𝗖𝗘:
Strangle = wider range, lower premium, more room for error
Straddle = tighter range, higher premium, higher risk

Most traders focus on “which strategy” —
but what matters more is how you structure and manage the trade.

👉 This is covered live inside the 5-day challenge (Day 3).

Register here: https://t.co/bKpVg3W2Ia
#OptionsTrading #OptionsSeller

[Addy | The Option Trader @SellSideTrader]

We dont get too close to expiration. never 3 days before expiration. trade is either closed or managed 15-20 days before expiration to avoid any gamma risk.

[Addy | The Option Trader @SellSideTrader]

𝗛𝗼𝘄 𝘁𝗼 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗮𝗻 𝗜𝗿𝗼𝗻 𝗖𝗼𝗻𝗱𝗼𝗿 — 𝗮𝗻𝗱 𝘄𝗵𝘆 𝗶𝘁'𝘀 𝘁𝗵𝗲 𝘂𝗹𝘁𝗶𝗺𝗮𝘁𝗲 𝗿𝗮𝗻𝗴𝗲-𝗯𝗼𝘂𝗻𝗱 𝗶𝗻𝗰𝗼𝗺𝗲 𝘁𝗿𝗮𝗱𝗲.

An Iron Condor sounds intimidating. It's actually just two credit spreads working together.

Here’s the breakdown:

WHAT IT IS:
An Iron Condor = Bull Put Spread + Bear Call Spread
Same underlying, same expiration.

You’re selling premium on BOTH sides of the market.
You profit if the underlying stays within a defined range.

THE STRUCTURE:
Underlying: SPY at $500, 45 DTE

Bull Put Spread (downside):
Sell $485 put (~17 delta), Buy $480 put
Credit: $0.45

Bear Call Spread (upside):
Sell $515 call (~17 delta), Buy $520 call
Credit: $0.45

Total credit: $0.90
Max loss: $500 spread – $90 credit = $410
Profit zone: SPY stays between $485 and $515

WHY IT WORKS:
Instead of picking direction, you're betting the market doesn’t make a big move — which most of the time, it doesn’t.

MANAGEMENT RULES:
→ Take profit at 50% of total credit
→ If a spread hits 2x credit, use the rolling decision tree
→ Avoid holding into expiration

This is Day 4 of the 5-day challenge — where we break this down step-by-step and show how to actually manage it in real trades.

If you're already trading but still feel like you're guessing on entries or adjustments, this is where that gets fixed.

Register: https://t.co/bKpVg3W2Ia
#optionstrading #trading

[Addy | The Option Trader @SellSideTrader]

Challenge registration closes soon. Here is what is waiting for you on Day 1.

Sunday April 27, 3pm PST. This is exactly what Day 1 looks like from the inside.

We start with the one reframe that changes everything:
why most traders stay inconsistent even when their strategies “should” work.

Then we build your personal income plan.
Not guesses — actual numbers based on your account size and risk.

Then we walk through The Wheel —
how cash-secured puts and covered calls connect into one repeatable income loop.

Then we lock in position sizing.
What “safe” actually looks like in real trades, not theory.

By the end of Day 1, you’ll have:

• A realistic monthly income target
• Your risk-per-trade rules
• Your first structured trade plan
• A clear system to follow (not more strategies)

This is the part most traders never build —
and it’s why they stay stuck switching strategies.

If you’re serious about fixing that, this is where it starts.

👉 Register here: https://t.co/bKpVg3W2Ia
#OptionsTrading #Trading

[Addy | The Option Trader @SellSideTrader]

𝗧𝗵𝗲 𝟱-𝗱𝗮𝘆 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 𝗶𝘀 𝗼𝗽𝗲𝗻. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝘆 𝘁𝗵𝗶𝘀 𝗰𝗼𝗵𝗼𝗿𝘁 𝗶𝘀 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗳𝗿𝗼𝗺 𝗺𝗼𝘀𝘁 𝗰𝗼𝘂𝗿𝘀𝗲𝘀.

Most options courses teach you what strategies exist.
This challenge teaches you how to execute a complete system.

The difference: strategy knowledge vs system execution.

After 5 days, you’ll have:

→ A written set of personal trading rules — based on your account, not generic advice
→ A pre-trade checklist you’ve used on real setups
→ A trade journal filled in daily with live trades
→ A rolling decision tree you’ve tested on real management scenarios
→ A trade scorecard that evaluates any setup in under 2 minutes
→ A 30-day income plan mapped to your actual account size

And you’ll build all of this in real time — live, with Q&A every day.

This is why challenge graduates consistently say:
“I’ve taken other courses. This is the first one that changed how I actually trade — not just what I know.”

The next cohort starts soon. $149. Money-back guarantee.

If you want a system you can actually follow — not more strategies — this is where you build it.

Register: https://t.co/bKpVg3W2Ia
#optionstrading #trading

[Addy | The Option Trader @SellSideTrader]

𝗠𝗶𝘀𝘀𝗲𝗱 𝘁𝗵𝗲 𝗺𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀? 𝗧𝗵𝗲 𝗿𝗲𝗽𝗹𝗮𝘆 𝗶𝘀 𝗹𝗶𝘃𝗲 𝗳𝗼𝗿 𝟰𝟴 𝗵𝗼𝘂𝗿𝘀 𝗼𝗻𝗹𝘆.

If you couldn’t make the live session yesterday, the replay is up.

But it comes down Wednesday night. After that, it’s gone.

Here’s what’s inside the 60-minute session:

→ Why option sellers have a structural edge over buyers
→ How to build a realistic income plan for your account size
→ The 17/45 framework — how to select strikes and expirations
→ The 10-question pre-trade checklist (walked through on a live example)
→ How probability replaces guessing in trade selection
→ 30 minutes of live Q&A covering the most common sticking points

The feedback from live attendees has been strong.
Several people said it reframed things they’d been getting wrong for years.

It’s free. It’s 90 minutes total.

But it comes down in 48 hours.

Watch the replay now: https://t.co/VIOdxkDvQ3
#optionstrading #trading

[Addy | The Option Trader @SellSideTrader]

Masterclass recap: what we covered yesterday and what traders said.

Yesterday’s masterclass is done. The 5-day challenge starts this Sunday, April 27. Here’s what happened.

We had traders across the experience spectrum — from beginners who’d never sold a put, to 10-year veterans who’d been selling without a real framework.

What clicked most based on the Q&A:

THE DELTA AS PROBABILITY REFRAME
Multiple traders said they’d been using delta as a directional measure without understanding it was their probability tool. Nobody explained it that way — it came up more than once.

THE INCOME PLAN MATH
Working through the realistic math — what a $10k account can actually support without reckless sizing — created visibility. A lot of people have been forcing income targets their accounts can’t support.

THE ROLLING DECISION TREE
The most questions came here. Everyone wants to know when to roll vs close. We worked through three live examples and the decision criteria.

THE PRE-TRADE CHECKLIST
People wanted this immediately. Working through it on a real live example — going through each of the 10 questions in real time — made it concrete in a way a list on its own doesn’t.

If you attended: thank you. The Q&A was one of the best sessions I’ve run.

If you missed it: the replay is up for 48 hours at https://t.co/VIOdxkDvQ3.

If the session made things click for you, the next step is actually applying it — not just understanding it.

For those who want to go deeper — the 5-day challenge starts April 27, 3pm PST. That’s where we build the complete system.

Details and registration for the 5-day challenge at https://t.co/Z1sRGS0Hh0.
#OptionsTrading #Trading #StockMarket #Investing #TradingEducation #RiskManagement #TradingPsychology

[Addy | The Option Trader @SellSideTrader]

10 years of REAL SPY data. 822 real trades. One myth busted.

"Most options expire worthless" you've heard it a thousand times.

But here's what actually happens on SPY over the last decade when you sell a 17 delta, 45 DTE option and hold to expiration:

Puts expired worthless: 89.4% ✅
Calls expired worthless: 60.7% ⚠️

That's a 28.7 point gap. And it's not luck.

It's the market's structural upward drift. SPY keeps grinding higher, which chronically blows through call strikes but leaves puts safely out of the money.
I tested four variations:
→ 17Δ / 45 DTE: Puts 89.4% | Calls 60.7%
→ 20Δ / 45 DTE: Puts 86.9% | Calls 56.6%
→ 17Δ / 30 DTE: Puts 90.3% | Calls 73.8%
→ 20Δ / 30 DTE: Puts 89.2% | Calls 66.9%

Best setup in the dataset: 17Δ at 30 DTE. 90.3% of puts expired worthless. WE ARE DOING MORE RESEARCH ON THIS SETUP, TO SEE IF WE NEED TO MOVE FROM SELLING 45DTE TO 30DTE

Worst year for put sellers: 2022, the only real bear market in 10 years.

The takeaway? Not all options are the same. Direction matters. Time matters. And "70% expire worthless" is a generic stat that misses the real story.

Full breakdown dropping on the blog this week 👇
https://t.co/tsran4JfY6

#OptionsTrading #OptionSelling #PremiumSelling #SPY #Sqilled #TradingEducation #StockMarket #PassiveIncome #OptionsStrategy #SmartInvesting

[Addy | The Option Trader @SellSideTrader]

𝗛𝗲𝗿𝗲’𝘀 𝗲𝘅𝗮𝗰𝘁𝗹𝘆 𝘄𝗵𝗮𝘁 𝗜’𝗺 𝘁𝗲𝗮𝗰𝗵𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝗳𝗿𝗲𝗲 𝗺𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀 (𝗻𝗼 𝗳𝗹𝘂𝗳𝗳):

Not vague ideas.
Actual frameworks you can use immediately.

𝟭. 𝗧𝗵𝗲 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗮𝗹 𝗲𝗱𝗴𝗲

Why options sellers have a built-in advantage
—and why most traders never actually use it

𝟮. 𝗧𝗵𝗲 𝗶𝗻𝗰𝗼𝗺𝗲 𝗽𝗹𝗮𝗻

How to go from
“random trades” → “targeted monthly income”

𝟯. 𝗧𝗵𝗲 𝟭𝟳/𝟰𝟱 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸

The exact setup I use
(and how to apply it in under 60 seconds)

𝟰. 𝗧𝗵𝗲 𝗽𝗿𝗲-𝘁𝗿𝗮𝗱𝗲 𝗰𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁

The filter that removes bad trades
before you even enter

𝟱. 𝗣𝗿𝗼𝗯𝗮𝗯𝗶𝗹𝗶𝘁𝘆 > 𝗴𝘂𝗲𝘀𝘀𝗶𝗻𝗴

How I stopped predicting direction
—and started using math instead

Live Q&A at the end
Bring your trades, I’ll break them down live

This is not a pitch.

It’s the actual framework I use — condensed into one session.

👉 If you’re still:
→ Switching strategies
→ Second guessing entries
→ Forcing trades

You need this.

👉 Register here: https://t.co/c7AvQui18C
April 21 • 3PM PST / 6PM EST
#OptionsTrading #Trading

[Addy | The Option Trader @SellSideTrader]

𝗠𝗼𝘀𝘁 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗹𝗼𝘀𝗲 𝗺𝗼𝗻𝗲𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗿𝗲𝗮𝘀𝗼𝗻.

Not because of the strategy.

Because they don’t understand how probability actually works.

That’s exactly what I’m breaking down in this free live masterclass:

From Losing to Profitable

Here’s what you’ll learn:

→ Why options sellers have a structural edge (and how to use it)
→ The exact income framework to stop forcing trades
→ The 17/45 setup I use (with real examples)
→ The pre-trade checklist that filters bad trades
→ How I stopped guessing and started trading probabilities

This is the same framework behind my paid 5-day challenge.

I’ve condensed it into one live session.

📅 April 21
⏰ 3PM PST / 6PM EST
💻 Live + Q&A

If you’re still:

→ Second guessing entries
→ Forcing trades
→ Switching strategies

This will fix that.

👉 Register here: https://t.co/STuOVPBZeO
Seats are limited. I’m not adding more.
#OptionsTrading #Trading