The 43¢ Rule, in one minute
Tomorrow the oven opens. Here is how Homemade Options cooks:
• 3:00 PM ET, every trading day. The kitchen checks the menu: the tickers at a fresh 20-day high.
• Only when it's on sale. It prices call debit spreads off the live option chain and serves one only when it costs 43¢ or less for every $1 it can pay. That's the 43¢ Rule.
• Set it and walk away. Filled? Set the sell at +40%. Nothing on sale? The oven stays shut. Some days, nothing comes out at all.
So far: 8 for 8 closed tickets, average win +47.5%. (Past results aren't a promise. Your fills may differ.)
The First Batch gets in first, Monday morning, before everyone else. It's free to join, and there's nothing to buy.
The Trading Strategy Guides team