Our ongoing track record shows you how consistently the SPX1 trade generates income. Over the last 10 months, we've had just 3 losing trades -- and none of those trades wiped out weeks worth of gains.
We are trading 3 contracts per trade (average margin/options buying power of $2,700) and averaging $220 per trade. You can trade more or fewer contracts than we do (even 1 contract is profitable long-term, averaging $74 per trade!).
There are periods when we stood aside, like late September and early October 2023, when the S&P 500 was falling every week.
This should give you more confidence to test this trade because it is not a mechanical or automated trade.
We set our strikes based on technical and options analysis and select strikes which have a low probability of finishing in-the-money. That probability translates to a higher win rate and consistent profits.
Plus, once our trade executes on a Thursday, we immediately set a good til' canceled exit order. This way, the market will automatically close our trade for us!
The SPX1 trade is FAST, too. Not only is this trade simple, it's easy to follow: