Choosing a Strategy

Navigating the maze of options can be overwhelming and confusing; I have included several successful and simple strategies and broke down some variables to weigh and consider, which will help you pick the best strategies for your lifestyle, account size, risk appetite and profit goals. In reality, I trade from the Call side as well, particularly Covered Calls. However, this website is focused on simple Put Credit Spreads, which I have found are more consistently profitable and offer many advantages over more complex strategies. In reality, I have coalesced several different nuanced strategies to develop a system that is simple, lower risk, capital efficient, time efficient, with consistent P&L. My bread and butter strategy that I created is called the “Put Path”. It’s a specific Put Credit Spread Options System. I recommend starting with the Put Path and for most beginner traders this should be your only strategy needed.

If you want some degree of strategy diversification that is understandable, but that is an individual choice. Please click on the Disclaimer page for more information on the risks of options trading. I’ve noticed that using excessive strategies can be overwhelming and confusing for most retail traders, which can lead to frustration and financial loss. Below, I have included some other additional Put based strategies for comparison, but I haven’t seen any of these that outperform the Put Path Options Trading System over the long term from a capital efficiency standpoint.