Pro Trader Strategies · The Breakout Spreads Playbook
The Breakout Spreads Playbook: a complete video course, guidebook, casebook of 10 real charts, and the calculator and checklists to work the math before you place anything.
Get The Breakout Spreads Playbook: $297Special launch price, normally $497: one payment of $297 · instant access · educational content only
A stock breaks out to a new high on strong volume. You buy a call. The stock keeps rising, and you still lose money, or you make far less than you expected.
That happens because a call can lose to time, to the size of the move, and to implied volatility, all at once. The chart was right. The option was the wrong tool, or it was the right tool used without the math.
A call debit spread is one alternative. It costs less than a single call, it caps your loss at the amount you pay, and it trades away some upside to do it. It is not magic, and the Playbook is honest about the trade-offs.
The Breakout Spreads Playbook walks through one process: chart first, chain second, math third, size last.
You will learn to read a breakout, apply a simple trend filter, check whether an option chain is tradable (open interest, bid-ask gaps, event dates), and build a call debit spread from strikes to break-even by hand. A full module covers put debit spreads for breakdowns, plus width, expiration, position sizing, exit-if-wrong plans, earnings, dividends and assignment basics.
The worked examples use real quotes from a real option chain, labelled as illustrations. They show how the process works, not what to trade.
Why a long call can lose even when you are right, what a call debit spread is, and time decay and implied volatility in plain words.
Read the breakout, apply the trend filter, and check whether the chain is tradable.
The math by hand, picking strikes, and a seven-step build from chart to written plan.
The mirror image for breakdowns, how breakdowns behave differently, and when to skip.
Debit-to-width ratio, choosing an expiration, and the limits that keep a defined-risk account alive.
Exit-if-wrong and profit-taking plans, earnings, dividends, liquidity, assignment basics and a 30-day paper-trading plan.
18 video lessons (26 minutes) in total.
Guidebook: 31 pages. Casebook: 8 pages.
A defined-risk spread can still lose its entire debit, and it can lose it quickly. Spreads give up upside in exchange for lower cost. Quotes in the examples are real but are snapshots, labelled as illustrations, and real fills differ. Nothing in this course predicts what any stock will do next.
We stand behind our work. We offer a 30-day exchange for any other product of equal or lesser value. Details: https://protraderstrategies.com/about-us/return-policy/
Is this a signal service?
No. The Playbook is education. It does not tell you what to buy or sell, and it does not pick strikes for you.
Do I need an options account?
To place a spread you need an options account approved for spreads. Levels vary by broker. You can learn and paper-trade the process first.
How much experience do I need?
You should know what a call option and a strike price are. Everything else is explained in plain words.
Does it promise results?
No. Options involve substantial risk and are not suitable for every investor. Examples are from the past and past results do not predict future results.
What if it is not for me?
We stand behind our work. We offer a 30-day exchange for any other product of equal or lesser value. Details: https://protraderstrategies.com/about-us/return-policy/
Risk summary. Educational content only. Not investment advice and not a recommendation to buy or sell any security or option. Trading involves substantial risk of loss. All examples are from the past or are labelled hypothetical illustrations; past results do not predict future results. Hypothetical results have inherent limitations (see the full disclaimer below).
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Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading and may not be impacted by brokerage and other slippage fees. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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