"Amy has done it again. This strategy solves several major challenges that options traders face including: positive Vega to control risk during (and even benefit from) volatility spikes, low capital and time requirement allowing traders to easily add the strategy without overcomplicating their lives, and steady returns even during wild markets girations."
-Seth Freudberg Head Trader, SMB Options Desk
Options Tribe presentation from April 14, 2020
The TZ1: Trade just once per month and experience high performance results while preserving capital and avoid risk up to 80% of the rest of the time.
The TZ2: Use "weekly" expiration cycles and double your monthly trades while still being flat ±50% of the time and never overlapping trades or doubling your risk.
Please note that any prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions.
About Amy Meissner
Began trading options in 1995 and has been trading full time since 2006.
Specializes in high probability option trading strategies with a goal of monthly income and consistent returns.
All of Amy's strategies are designed to be traded without requiring fulltime monitoring.
Amy has taught and coached thousands of options traders though speaking engagements, webinars, and courses.
Hi, Amy:
Just a brief note to thank you far all you did to teach me how to trade your [strategy]. While I have made a couple of little tweaks to suit my trading personality, my plan is essentially your plan.
So far this year, I have not had a losing trade. I am still in JULY, but have half of the Call side off and am up about 5% on max margin. In the (now) seven months of this year, I have only had to make five total adjustments. All my trades have been closed with contingent orders.
[... ]this strategy requires minimal time in front of a computer, at least until a time when we face a faster moving market.
Trading your strategy has allowed us to generate enough monthly income to pay for our multi-month trips to Europe and the Caribbean and to donate to our favorite charities, as well.
Again, thank you VERY MUCH and ALL THE BEST!
Bob H
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Hi, Amy.
Meant to reach out to you earlier. Just wanted to let you know you are doing a great job with the service.
I like that you always give us a heads up when you are thinking of entering/ exiting, adjusting etc. you update your page with graphs regularly. That is all so helpful.
So far I can see why you like this strategy so much. I know we haven't been tested too much other than the one trade we had to add an additional debit spread, this trade seems to absorb market movement much better than other income trades.
Have a good weekend.
Misty K
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Excellent!!!
I think you are doing a great job and the service is a superb value.
You are doing a great job with the service. It is a great value to me. I appreciate your attention to detail.
Bill B
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This is an income strategy which is known to be very resilient and does not have large draw downs if managed properly. You have been very responsive of the questions and comments. It is an excellent way to earn while learning because you provide the detailed trade plan in advance and also provide the weekly updates explaining the reasoning behind each trade and adjustments.
- Vijay P
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A very good platform you have here for communicating trade set-up and trade management. Well done!
- Keith W
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Thanks Amy! I am a believer in your strategy. I went back to 10/10/2008 and using your criteria (my test of all stratiegies!) and it actually made money! It is backtested on OptionNet Explorer. Only one I ever backtested that came out profitable. And was a low maintenance trade! - Rick V
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Congratulations!
I admire how you created a strategy, honed it and executed it with much confidence and discipline. The nested condors are clever.
You also communicate very clearly and are humble about your accomplishments.
- Brooks R
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The overall service is fantastic. I got the messages and e-mails in time and the information was clear and sufficient. Jorge G **
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The subscription was good and I would recommend it. Amy was good. Excellent communication. Really good poise in managing the trade during some pretty hefty moves in the RUT. - David B
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Hi Amy! I love you and your nested condor and the way you trade it…You have inspired me throughout the YEARS, as I have followed you for some time as a fellow Sheridan student from years past. Your calm demeanor and confidence in what you do is very reassuring. You are a rock star and I really believe that.
The simple trade method and clarity Amy shares. The way she communicates her trades and adjustments are very logical. She trades it and adjusts it just as she says she does. Plain English. Low stress trade. - Jon R
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No question whatsoever that the real-life trade experience offered by [Amy] is a superb way to get in the groove with a [strategy]... Amy's Rules are clearly delineated and followed in the course - no wishy-washy decisions - and this also helps instill discipline in the students. -Walter S
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I love that Amy is showing that a "condor trade for wimps" actually works - her adjustment points are so close and the deltas she's carrying are so small, my first reaction to a system like this would be that it couldn't be consistently profitable at a level that would impress anyone ... but I believe she has shown it can be done - Steve S
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Well presented. -Barry F
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I learned a good deal... - Elli F
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Liked that the trade's did not overlap which results in less required capital. -Larry W
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Testimonials are not compensated