$675K in 3 Months?! Plus My VIX-to-Cash Strategy (Free Trade Inside)

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Hey Options Trader,

The market still looks strong, but signs of overconfidence are starting to appear. With $VIX sliding toward the low 15s, I’m beginning to prepare for the next move… and that means raising 25–35% in cash this Friday.

I still believe QQQ has another leg higher, possibly up to $580, but when the volatility index drops below 15 and into the 14s, history tells us that corrections become far more likely.

That said, I’m still collecting premium while the setup allows. This week I’ve got a safe, short-term earnings trade that pays just over 2% in 16 days, and I’m already in the position.

Here’s what we are covering:

1. Market Outlook – Bullish Bias With a Cautious Pivot

2. Client Wins – $15K, $100K, and $675K?!

3. Free Trade of the Week – 2.04% ROI in 16 Days

4. HIMS Trade Update – New Position Just Opened

Market Snapshot – Bullish With a Side of Caution

I’m still bullish over the next couple weeks, but we’re entering a zone where caution pays. $QQQ is just 4.5% off its recent all-time high and a breakout to $580 is still on the table, especially with a dovish Fed or strong earnings from names like $GOOGL ( ▼ 0.95% ) , $HOOD ( ▼ 6.54% ) , and $PLTR ( ▼ 9.36% ) .

But with VIX now at 15.36, I’m starting to reduce risk.

When VIX dips into the 14s, the odds of a sudden pullback spike dramatically. That’s why I’m planning to shore up 25–35% in cash in my portfolio this Friday to prepare for the next high-conviction dip-buying opportunity.

Client Spotlight – $675K in 3 Months?!

Some insane wins this week from the Options Trading University community:

• Elena – joined one month ago and is already up $15,000

• Tom – joined 2.5 months ago, now up $100,000+

• Shawn – a client I recently interviewed… up $675,000 in just three months following the system

Yes, you read that right, $675K. And when Shawn joined, he was brand new to selling options.

Free Trade of the Week – Safe Earnings Play (2.04% ROI)

This week’s trade is about playing it safe while keeping the cash flowing.

Here’s the setup:

• Ticker: $PLTR ( ▼ 9.36% )  

• Trade: Sell August 8th $135 cash-secured put

• Premium Collected: $275

• Days Until Expiration: 16

• ROI: 2.04% in 16 days (~46.5% annualized)

• Why I Like It: Short duration, under earnings volatility, and the strike is far enough out of the money to offer a wide margin of safety. I already hold this trade in my portfolio.

Perfect play while waiting for VIX to crack below 15.

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Bonus – HIMS Trade Update + New Position

In my newest video, I break down the latest on my $HIMS ( ▼ 6.48% )  trade, including:

• Why I closed all previous cash-secured puts

• The new position I opened and why

• What I’m expecting for HIMS heading into earnings

If you’ve been following my Wheel Strategy on this stock, this update is a must-watch.

Stay smart, stay tactical and prep for volatility ahead.

Talk soon,

Ryan