created : 2 months ago| | live deployment: 2
created : 2 months ago | live deployment: 2
W.D.GANN Option Selling Method Trading
by: NSPM Investments
Strategy description
Start with an Iron Fly at ATM strikes when price is inside Gann range (neutral zone).
Rules
- Sell ATM CE & PE; buy OTM wings to limit risk (e.g., 25450 CE/PE short, 25150 PE & 25750 CE long).
- Monitor key Gann levels for breakout or breakdown.
- If price breaks above Gann resistance, exit Iron Fly.
- Enter a Bull Call Spread: Buy ITM/ATM Call, Sell OTM Call (e.g., 25500 CE Buy, 25800 CE Sell).
- If price breaks below Gann support, exit Iron Fly.
- Enter a Bear Put Spread: Buy ITM/ATM Put, Sell OTM Put (e.g., 25400 PE Buy, 25100 PE Sell).
