NO! The GREEKS of DELTA, THETA, RHO, GAMMA, and VEGA are unnecessary to understand due to 80DELTA’s long-term investing structure.
80DELTA focuses on the S&P 500 ETF (SPY). I also do QQQ (NASDAQ), but the S&P500 is what we teach.
This material does not recommend or endorse using any approach on individual shares or any specific ETF.
Most brokers require applicants to complete a questionnaire or provide information about their experience before being approved for options trading.
Buy-and-hold gives you the market return. 80DELTA holds the SPY ETF but layers on three options strategies — Covered Calls for income, PUT LEAPS for downside protection, and CALL LEAPS for amplified upside. The goal is to enhance the return you’d get from the index alone, targeting 3–6% additional return per annum (illustrative, based on backtested and live strategy data — past performance is not a reliable indicator of future results).
80DELTA purchases SPY PUT LEAPS options that act as insurance against sharp drawdowns. If the market drops significantly, the PUTS increase in value and offset a portion of the loss in the underlying ETF. You stay invested without panic-selling, and the strategy is designed to limit the severity of drawdowns relative to holding the index without protection.
As a member, you get access to 80DELTA’s educational content library, including strategy explainers, market commentary, and options overlay tutorials built around SPY. Membership is designed to help you understand how Covered Calls, SPY PUT and CALL LEAPS work in unison.
While several ETFs track the S&P 500, SPY is generally the best vehicle for options strategies because it is the most heavily traded and most liquid. Its options market is vastly larger than competing S&P 500 ETFs, which usually means tighter spreads, better fills, and more efficient trade management. For investors using Covered Calls and SPY PUT and CALL LEAPS, that liquidity can make a meaningful difference over time.
Accredited Derivatives Advisor Level 1, RG 146 ASIC Tier 1 Derivatives, RG146 Generic Knowledge, Graduate Diploma in Business Management (CQU) and Bachelor of Education (Fed Uni)
NO! The SPY Put LEAPS do not fully insure your SPY SHARES and SPY Call Options. They do, however, provide a significant cushion, particularly with large market drawdowns in excess of 20%
YES. If you only want capital growth and not income, just delete the SPY Covered Call mechanism from the plan. Therefore you are just buying the SPY ETF and the asscoiated SPY Call and Put LEAPS
I learnt these strategies from a US-based option firm and then applied them to an Australian environment
YES! With a 12-month membership, you receive 3 hours of 1-on-1 training for the first year. You get 1 hour of training with the monthly option. Extra tutoring will cost $200 plus GST per hour.
80DELTA is not yet open for membership. This site is currently in a pre-launch phase. No education services, investment products, or memberships are being offered, sold, or distributed at this time.
The content on this site is provided for general information purposes only and does not constitute financial product advice, personal advice, or a recommendation to engage in any financial transaction. Nothing on this site should be interpreted as an offer, solicitation, or invitation to purchase any product or service.
80DELTA is an education platform focused on options trading strategies. It is not a financial advisory service, fund manager, or broker. Any information presented on this site relates to general education about options trading concepts and does not take into account your personal objectives, financial situation, or needs.
Before making any financial decisions, you should seek advice from a qualified and licensed financial adviser. All trading and investment involves risk, including the potential loss of capital.
If you would like to register your interest and be notified when 80DELTA launches, you may do so after acknowledging this notice.
