Danielle Shay, the Director of Options at Simpler Trading, figured out how to ‘triple stack’ the traditional Butterfly strategy to combine the best features of conservative income strategies with the exponential profit potential of buying call options.
Are you looking for a way to profit in trending and choppy market conditions?
Want to know how to turn each $1 of risk into gains of $4 (or more)?
Want a high probability set up that can complement your favorite strategy?
Then Danielle’s Stacked Profits Strategy is just what you need. This is what earned her the nickname “Butterfly Queen” in our online trading community.
Learning how to trade options in a strong bull market transformed Danielle from a struggling single mom into a successful swing trader. But when the market turned volatile in 2018 she had to find a new way to generate consistent income and profits. So she drew inspiration from different strategies and ran exhaustive tests with her own money. She didn’t quit until she reverse engineered a process to ‘rinse and repeat’.
The secret to the Stacked Profits Strategy success is Danielle’s ‘hybrid’ Butterfly. It’s designed to achieve at least a 3:1 profit to loss ratio on every trade.
It’s a ‘hybrid’ because it combines the high probability and lower risk features of an income trade with the leveraged profit potential of a long call option.
Like many, Danielle used to believe the Butterfly was a complex strategy. But after being inspired by Simpler Trading’s Vice President, Henry Gambell, she developed a simple 7-step checklist that’s easy enough for newer traders to follow.
Like this Stacked Profits on BYND that made 250%: