Ahoy there Trader! ⚓️
It’s Phil…
What do you do when your trade isn’t going your way, but your market thesis still holds?
Most traders hit a stop loss and sulk, but with option income trading, we play smarter.
I took a losing trade, adapted mid-flight, and turned it into a 53.2% profit. Here’s how I did it…
⬇️⬇️⬇️ – keep scrolling for more in-depth analysis – ⬇️⬇️⬇️
Important Question: Are you ready to trade smarter?
When you’re ready – Dive Deeper Into a Profitable Rules Based Trading System
This Proven 3-Step “10 min/Day” 6-Figure Unconventional Recession Proof SPX Income System Unlocks $500-$5,000+ Days FAST! …
SPX Deeper Dive Analysis:
A Losing Trade? Not Necessarily…
Most traders hit stop losses when a trade goes against them. But with options, risk is defined upfront, meaning I can adjust and manage positions rather than exiting in a panic.
16th Jan 2025 – Initial Setup
- Bearish range reversal trade set up, collecting $3.20 credit
- SPX broke out, pushing the trade underwater
- Instead of taking an immediate loss, I waited for an opportunity to adjust
23rd Jan 2025 – A New Opportunity
- A fresh bearish setup emerged, confirming on the 24th
- Other trades were taken too, as discussed in the results pages
- This allowed me to roll up my strikes—giving more time for the trade to play out
The Adjustment & Outcome
- Collected $3.90 new credit
- Increased position size by 60% without increasing risk
- Final result? A 53.2% net profit when factoring in the original loss
When to Use This Tactic
- ONLY when your directional bias remains intact
- If conditions change, cut the trade (let it expire) and move on
- This approach isn’t a magic fix, but when used correctly, it turns losses into wins
Bottom Line? A Losing Trade Doesn’t Have to Stay That Way
We discuss trades like these in real-time during our Fast Forward Mentorship calls
Fun Fact:
Did you know? Warren Buffett made $5 billion in 2008 selling cash-secured put options on blue-chip stocks during the financial crisis.
The Lesson? Options aren’t just for hedging—they’re powerful tools for income and positioning when used strategically.
Happy trading,
Phil
Less Brain More Gain
…and may your trades be smoother than a cashmere codpiece