New Strategy, 1 week in: 83% win rate, 21.3% return
u/Fried_Yoda ·
Reddit — r/thetagang
· May 13, 2026 at 19:23
· ⬆ 21 pts
· 💬 29 comments
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Hello, I am new here and new to options trading. So far I have been doing it for a week and it's going great. I'd like to share my strategy to help others.
I can't believe how incredibly easy this is, but with a little effort you can be a successful trader like myself.
**Step 1:** View the SPX Chart about 30 minutes after market open
**Step 2:** Check the trend. Is it currently in an upswing, downswing, or neutral.
**Step 3:** If it is not neutral, buy SPX options ATM in the direction the day is moving. I watch the chart and if it falls -20% I exit, otherwise I just create a mental stop to exit the trade once a certain profit target has been hit. As you can see I started slow, with just a few percentage points, then became more and more comfortable hitting 20-30% returns.
**Step 4:** ????
**Step 5:** PROFIT
With a 21% weekly return, that's equivalent to an annual return of over 1,300,000%. With 33 weeks remaining in the year, **I expect to have around $48,740,490.58 by New Year's Eve.**
In short, really simple set strategy that prints money. All you have to do is look at the charts and the way the line is moving. I hope this helps people make money!
Regards.
**ETA:** I’m already getting DMs from people asking me to try out their strategies as well. Some person trying to tell me that there’s a strategy selling wheels? lol I’m not falling for it. What do cars have to do with this? People are just jealous of my success. I was just trying to share my knowledge. Proves that no good deed goes unpunished.