Turn A Weekly 112 Trade Into Job Replacing Income

10% Credit Spreads
3 min readApr 3, 2024

How can you turn a simple trading strategy into a reliable source of income that may replace your traditional 9-to-5 job? Today, I’m thrilled to share with you one of my favorite trading strategies: the Weekly 112 Trade. In this article, I’ll walk you through how you can turn this strategy into a source of income that could potentially replace your 9-to-5 job. So, let’s dive in!

What is the Weekly 112 Trade?

The Weekly 112 Trade is a simple yet powerful options trading strategy designed to generate consistent profits by capitalizing on market movements. Here’s how it works:

  1. Selecting the Trade: We identify a level in the market, typically a significant distance away from the current price, where the stock would need to drop by a considerable percentage for us to incur losses. This level acts as our safety net.
  2. Structuring the Trade: We then structure our trade around this level, usually by selling short puts and implementing a put debit spread. This combination allows us to profit as long as the stock remains above our predetermined level.
  3. Managing the Trade: We hold the trade until it reaches a predefined profit target, usually around 90%, or until a stop-loss level is reached, which is typically set at 4 times the initial credit received.

Backtesting and Performance

Backtesting is crucial to validate any trading strategy, and the Weekly 112 Trade is no exception. Through rigorous backtesting, we’ve seen remarkable results, with the potential to generate substantial profits over time. However, it’s essential to acknowledge that no strategy is foolproof, and there will be periods of underperformance, especially during market downturns.

Adapting to Market Conditions

Market conditions can vary, from bullish to bearish to sideways trends. The beauty of the Weekly 112 Trade lies in its adaptability to different market environments:

  • Bullish Markets: During bullish phases, we continue to enter Weekly 112 Trades, leveraging the market’s upward momentum.
  • Bearish Markets: In bearish conditions, we exercise caution and may enter trades on particularly strong downward movements, capitalizing on increased volatility.
  • Sideways Markets: When the market is range-bound, we maintain our trading frequency but remain vigilant for opportunities to enter trades during significant price fluctuations.

Automating the Process

To free ourselves from constant monitoring and allow for a more hands-off approach, we can automate the Weekly 112 Trade using auto-trading platforms. By setting predefined parameters and safeguards, such as market crash indicators and profit targets, we can let the system execute trades on our behalf, providing us with peace of mind and more time to focus on other aspects of our lives.

The Weekly 112 Trade

The Weekly 112 Trade offers a compelling opportunity for traders looking to generate consistent income from the options market. By understanding the principles behind this strategy, adapting to market conditions, and utilizing automation tools, you can potentially turn it into a reliable source of income that may replace or supplement your traditional job.

Remember, success in trading requires discipline, patience, and continuous learning. So, whether you’re a seasoned trader or just starting, consider incorporating the Weekly 112 Trade into your arsenal and embark on your journey towards financial freedom.

If you want to trade options profitably with a 86%+ win rate and consistently generate monthly income, then join the 10% Credit Spreads program!

Thanks for reading 🙂
Austin Bouley
CEO & Chief Strategy Officer

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10% Credit Spreads

I help people who work-full time or have a family make 10% a month using credit spreads! If you don't make money with my alerts and strategies, I refund you :)