New strategy
Entry
You expect the price to rise
Leg 1 · Sell 1 Put
Unsigned: a put’s delta is negative — |Δ| 0.16 is Δ −0.16.
Filters
Exit
If none of these fires, the position is held to expiration.
Size
Period: 25 Sep 2025 – 25 Sep 2026
The strategy in short · SPY
Short Put: enter at the close of a trading day, up to 1 position at a time.
Leg 1: sell 1 put, 45 days to expiration (30–60), |Δ| 0.16.
No extra entry conditions.
Exit when: profit reaches 50% of the premium; 21 days before expiration; otherwise at expiration.
Size: 1 contract.
Starting balance $100,000, commission $0.65 per contract.
Entries and exits at the day’s closing mid price.
A backtest runs on past data and does not promise future results.