Trading OTM Options
Turn small option premiums into big percentage gains — an 8-lesson, rule-based course for trading out-of-the-money options on liquid ETFs.
This step-by-step course gives you everything you need to trade Out-of-the-Money (OTM) options on liquid ETFs like SPY, QQQ, IWM, UVXY, DIA and GDX. You'll walk away knowing how to spot, enter and exit OTM trades like a pro — with risk management built in from the first lesson.
What's Inside the Course
- The right ETFs and strikes. How to choose them for maximum payoff.
- Timing. Techniques that stack probabilities in your favor.
- Chart analysis. MACD divergence and chart pattern setups.
- Risk management first. Rules that protect capital while you scale up.
- Real trades. Examples where 10¢ options turned into $1.00+ within hours.
The 8 Lessons
Understanding OTM Options
What out-of-the-money contracts are, and why they can be the smartest play when used correctly.
Selecting the Right ETF for OTM Trades
Why liquid ETFs like SPY, QQQ and IWM are the core of the approach.
Strike Price Selection for OTM Options
Choosing strikes for maximum payoff — including low-priced options with tight spreads.
Timing and Expiration Dates
Timing techniques and expiration choices that stack probabilities in your favor.
Chart Analysis for OTM Options
MACD divergence and chart pattern setups that signal when to act.
Risk Management in OTM Trading
Rules to protect capital while scaling up profits.
Using Volatility to Your Advantage
How volatility — including UVXY — becomes a timing tool for SPY and QQQ trades.
Exiting OTM Trades
Pattern-based targets and MACD exit signals — plus the conclusion and next steps.
A Look Inside Lesson 8
The SPY 645 calls expiring 8-26-25 can run until just prior to expiration, because the MACD exit does not fire.
Pay attention to the size and length of the pattern. The height gives the first target area; prices may go beyond it. The pattern's time length guides how long the divergence takes to play out.
Look for MACD to turn against your pattern timeframe for the exit. On lower timeframes, a MACD turn gives an early exit indication.
For options expiring the same day, exit before the close to avoid the option being exercised.
What Traders Are Saying
"…can be the smartest play when used correctly the way Dale does…"
"I've dabbled in options for years but honestly never knew what I was doing. I bought expensive contracts, got crushed by time decay, and almost gave up. This OTM Options Course completely flipped the script for me. For the first time, I understood why out-of-the-money contracts can be the smartest play when used correctly, the way Dale does. The lessons broke everything down step by step — from choosing the right ETFs to strike price selection and risk management."
"Sticking to options under 10¢ with tight spreads completely changed my results…"
"The OTM Options Course finally gave me rules I could trust. Lesson 3 on strike price selection alone was worth the cost. The idea of sticking to options under 10¢ with tight spreads completely changed my results. Add in the MACD divergence setups, and suddenly I'm only taking trades with real probability behind them. Last week, after watching an Options Hunter update, I applied the exact strategy with QQQ. I bought a cheap put for 7¢ during a divergence signal. Within 2 hours, I sold for $1.30. That's nearly 2,000% — on a trade that cost me less than lunch money."
"$100–$200 at risk and still capture 500%–1,000% moves…"
"The TriFusion approach — combining chart patterns, MACD divergence, and volatility analysis — gave me a framework I can actually use every day. Lesson 7 on using volatility was a game-changer for me. I used to avoid UVXY, but now I see it as an incredible signal tool for timing SPY and QQQ trades. The best part? It's focused on risk management first. I don't need to swing for the fences with big positions. I can put $100–$200 at risk on an OTM contract and still capture 500%–1,000% moves when the setups fire."
Trading OTM Options
Options trading involves risk. Results shown are individual examples, not typical outcomes.
Frequently Asked Questions
Which markets does the course cover?
Liquid ETFs — SPY, QQQ, IWM, UVXY, DIA and GDX — where tight spreads make low-priced OTM contracts practical to trade.
Isn't buying OTM options just gambling?
Not with rules. The course pairs small, defined-risk positions with chart patterns, MACD divergence and volatility timing, and puts risk management first.
How much capital do I need?
The approach uses low-priced contracts, so the amount at risk per trade can be small. Lesson 6 covers position sizing and capital protection.
How do I get the course?
It's instant digital access — you can start right after checkout.