How I Trade The 111 Options Strategy On Futures (95% Win Rate)
Have you been searching for a reliable options trading strategy that works in any market condition and boasts an impressive 95% win rate? I’m excited to share the ins and outs of my go-to options trading strategy — the 111 Options Strategy. Developed by the renowned Tom King, this approach has proven to be a game-changer for my portfolio, offering a remarkable 95% win rate. So, buckle up as I guide you through the strategy step by step.
Understanding the 111 Options Strategy
Let’s dive into the basics. The 111 Options Strategy involves selling options on the S&P 500, primarily focusing on Futures due to the advantageous span margin. This strategy thrives regardless of market conditions — whether it’s bullish, bearish, or moving sideways.
Step-by-Step Implementation
Now, let’s break down the strategy into actionable steps. Begin by selecting a 45-day expiration period on the ES Futures. Sell a short put with a 10 Delta, aiming for a premium. Utilize a portion of the collected funds to initiate a put debit spread, buying a 30 Delta put and selling a 28 Delta put. The magic lies in taking profits at 90%, with no strict stop-loss as the put debit spread acts as a hedge.
Setting Up the Trade on Your Broker Platform
To demonstrate, I’ll use Tasty Trade, but feel free to use your preferred broker. Navigate to the trade tab, choose ES Futures, and enter the strategy parameters. Sell the 10 Delta put, then execute the put debit spread by buying the 30 Delta put and selling the 28 Delta put. Visualize your trade using the curve section for a better understanding.
The 111 Options Strategy
Incorporating the 111 Options Strategy into my trading routine has been a game-changer. With a 95% win rate, the potential for consistent income is substantial. Remember, I aim for a 90% profit target and let the trade unfold. This hands-off approach allows me to focus on other aspects of life, away from the screen.
If you want to trade options profitably with a 86%+ win rate and consistently generate monthly income, then join the 10% Credit Spreads program!
Thanks for reading 🙂
Austin Bouley
CEO & Chief Strategy Officer