Pro Trader Strategies · For educational purposes only
Preview draft. Not for sale yet. Lesson counts and runtimes are plan targets until the course is recorded.
Complete Program · $997

From scanning for breakouts to a managed, defined-risk spread portfolio

The Breakout Spreads Playbook shows how to turn a breakout chart into a call or put debit spread plan. The Complete Program covers the whole workflow: finding breakouts, reading the chain, debit and credit structures, risk budgets, management, earnings, a 40-chart casebook, a spread risk calculator with a portfolio tab and a weekly study.

[Video placeholder] Overview video to record
11modules
40video lessons
~5 hof video (plan target)
10guides, workbooks and templates
$997
One payment · not a subscription · includes everything in the $297 course
Coming soon
Checkout is not connected yet. This is a preview draft.

Why this exists

A breakout chart is only the first decision. The harder ones come after: which expiration, how wide, how much to risk across several positions, what to do on day three when the stock stalls, and whether an earnings date should keep you out.

The Complete Program answers those questions in the same order every time: chart first, chain second, math third, size last, then manage and review. Every example is a past chart or a labelled illustration.

What the $997 version adds to the $297 course

Everything in The Breakout Spreads Playbook is included. Then:

A full module on finding breakouts

Base patterns, volume, relative strength and a weekly watchlist routine, so the chart step is as systematic as the math step.

Credit-spread alternatives

Bull put credit spreads at breakout support, with a clear debit-versus-credit comparison, margin, buying power and assignment on short legs.

Portfolio risk budgets

Open-risk caps, correlation across positions and sizing several spreads at once, with a portfolio tab in the calculator.

Earnings and event spreads

What changes when a report sits inside the expiration, IV crush worked on paper, and when standing aside is the plan.

40-chart casebook (up from 10)

Real breakouts with an illustrative spread drawn on each, including failures and stalls.

Expanded guidebook and calculator v2

Credit-spread math, roll scenarios and a journal with spread analytics.

Weekly Breakout Spreads Study

26 weekly reports describing last week's breakouts that held and that failed, with the spread math worked on a few. It is a study; it gives no trade ideas.

Monthly live case-study session

Six live sessions walking through spreads on past charts and member-submitted paper plans, recorded for replay.

$297 course$997 Complete
Modules611
Video lessons1840 (about 5 hours, plan target)
Guides, workbooks and templatesGuidebook, 5 PDFs, calculator10 downloads
Case studies10-chart casebook40-chart Breakout Spreads Casebook
Weekly reportNoneWeekly Breakout Spreads Study
Live sessionsNoneMonthly live case-study session for 6 months

Module outline

11 modules, 40 video lessons.

Module 1Why Spreads
The case for defined risk.
  1. Why a long call can lose when you are right
  2. What a call debit spread is
  3. Time decay and implied volatility in plain words
  4. Spreads vs. shares vs. calls: a side-by-side
Module 2Finding Breakouts
Make the chart step systematic.
  1. What a base and a breakout are
  2. Volume, relative strength and the trend filter
  3. Building a weekly breakout watchlist
  4. Failed breakouts: how to spot and skip them
Module 3Reading the Option Chain
Is this chain even tradable?
  1. Open interest and volume
  2. Bid-ask gaps and fill quality
  3. Event dates: earnings, dividends, ex-dividend
  4. Implied volatility context: rank and percentile
Module 4Call Debit Spreads
The core build.
  1. The math by hand: max loss, max gain, break-even
  2. Picking strikes and width
  3. The seven-step build from chart to written plan
  4. Choosing an expiration
Module 5Put Debit Spreads
The mirror image for breakdowns.
  1. Put spread math
  2. How breakdowns behave differently
  3. When to skip a breakdown
Module 6Credit-Spread Alternatives
When a credit structure fits the chart.
  1. Bull put credit spreads at breakout support
  2. Debit vs. credit: when each fits
  3. Margin, buying power and short-leg assignment
Module 7Sizing and Risk Budgets
Never let a few spreads become one big bet.
  1. Debit-to-width ratio
  2. Position size from max loss
  3. Open-risk caps across spreads
  4. Correlation across positions
Module 8Managing the Trade
Plans for every outcome.
  1. Exit-if-wrong plans
  2. Profit-taking plans
  3. Rolling and closing early
  4. Early assignment and dividends
Module 9Earnings and Event Spreads
The calendar can change the trade.
  1. Spreads through earnings: what changes
  2. IV crush worked on paper
  3. Choosing to stand aside
Module 10Review and Routine
The loop that improves the process.
  1. The weekly routine
  2. The journal with spread analytics
  3. Reviewing your losers
Module 11Capstone and Paper Plan
Practice with no money at risk.
  1. The 60-day paper-trading plan
  2. Build three written spread plans
  3. Capstone review checklist
  4. Next steps and closing

Case studies and live sessions

Guides, workbooks and templates

Weekly Breakout Spreads Study

26 weeks. A descriptive look at the past week's breakouts that held and failed, with a spread worked through on a few. No trade ideas, no alerts.

Who it is for

  • You know what an option is and want a complete process for breakout spreads
  • You like to work the math by hand and write the plan first
  • You want to manage several spreads inside a risk budget

Who it is not for

  • You want trade alerts or someone to pick strikes for you
  • You want a promise of results; nobody can give you one
  • You do not have, and do not plan to apply for, an options account approved for spreads (approval levels vary by broker)

What it is not

The risks, stated plainly

A defined-risk spread can still lose its entire debit, and a credit spread can lose many times what it collects. Spreads give up upside for lower cost. Quotes in examples are snapshots, labelled as illustrations, and real fills differ. Nothing in the course predicts what any stock will do next.

$997
One payment · not a subscription · includes everything in the $297 course
Coming soon
Checkout is not connected yet. This is a preview draft.

Questions

How is this different from the $297 Playbook?The Playbook teaches the chart-to-spread process for debit spreads in six modules. The Complete Program adds breakout scanning, credit alternatives, portfolio risk budgets, earnings spreads, a larger casebook, a weekly study and live sessions.Is this a signal service?No. It is education. It does not tell you what to buy or sell.Do I need an options account?To place a spread you need an options account approved for spreads. To take the course and paper trade you do not.

For educational purposes only. Pro Trader Strategies is not an investment advisor or broker-dealer and does not tell you what to buy or sell. Trading involves substantial risk of loss and is not suitable for everyone. All examples are hypothetical or from the past, labeled as such, and are not forecasts or promises. Hypothetical or simulated results have inherent limitations, and past performance is not indicative of future results. No representation is made that any account will or is likely to achieve profits or losses similar to those shown.

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/

Questions: trading@protraderstrategies.com · (310) 598-6677

Pro Trader Strategies, 1611 S Catalina Ave Suite #209, Redondo Beach, CA 90277