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The Hedge Hog Options Spread
Rating: 4.6 out of 5(108 ratings)
6,020 students

The Hedge Hog Options Spread

High Probability Trading Strategy
Created byStephen Burnich
Last updated 5/2025
English
English [Auto],

What you'll learn

  • What is The Hedge Hog Options Spread?
  • How to make consistent profits with EXTREMELY high probabilities
  • How we structure trades to make money over 95% of the time
  • Use as a stand-alone strategy, or hedge other positions
  • Our favorite setup to maximize profits every month

Course content

1 section • 18 lectures • 1h 56m total length

  • Introduction4:47
  • Hedge Hog Trade Results2:52
  • What is Skew?6:06
  • The Short Premium Dilemma2:12

    Explore how the hedgehog options spread mitigates short premium risks by using theta decay while preventing excessive short delta during extended up moves, offering risk reduction and potential profits.

  • Hedge Hog Top Symbols3:55

    Identify top symbols for hedgehog options spread, including SPY, IWM, QQ, SPX, and RUT, and explain portfolio margin and span-margining benefits for futures and equities.

  • What is a Hedge Hog?1:25

    Explore the hedgehog spread: buy a short-duration long put vertical and sell a long-duration put to secure naked premium with a large downside buffer and minimal upside risk.

  • Hedge Hog Standard Setup5:34

    Master the hedgehog setup: a 30-day long put vertical hedge (30 delta long, 20 delta short) paired with a 75–115 day naked put hog, credit exceeding debit; enter legs separately.

  • Hedge Hog Platform Examples20:24

    Build the hedgehog spread by buying a long put vertical and selling a far out-of-the-money put, aiming for about a 3-to-1 reward-to-risk and high probability of profit.

  • Closing/Adjusting the Trade8:54
  • The Reverse Hedge Hog1:57
  • Reverse Hedge Hog Platform Examples6:05

    Gold calls trade richer than puts due to call skew; apply a reverse hedgehog by buying a near-term call vertical and selling a far out-of-the-money call for credit.

  • The NavigationTrading Method3:02

    Navigate the hedgehog options spread by keeping position sizes under 30 percent, selling naked options with diversified expiration, strikes, and asset classes, while continually monitoring total risk.

  • Q&A Session33:35

    Explore the hedgehog options spread, including cash-secured naked puts and margin considerations for IRAs. Learn to paper trade, start small, and follow discord alerts for two-expiration premium selling.

  • Going Pro!5:01

    Join the pro membership to access navigation alerts with exact entry and exit details, live trades, and a vip master course library of income strategies including iron condors and butterflies.

  • Preferred Brokers8:01
  • Important Resource Links
  • eBook with Watch Lists0:01

    eBook with Watch Lists

  • Bonus Lecture2:20

Requirements

  • Options Basics. This is an advanced strategy but we will teach you the full strategy inside and out!

Description

Welcome to "The Hedge Hog Options Spread" course, your comprehensive guide to mastering an exceptional strategy that offers extremely high probabilities of consistent profits. This is not your typical options trading course; it's a game-changer.


What is The Hedge Hog Options Spread?


In this course, you will not only learn what the Hedge Hog Options Spread is but also uncover exactly how it can be used to generate consistent profits with extraordinary success rates, exceeding 85%. This course is your key to unlocking a powerful and proven strategy that can be used as a standalone approach or to hedge other positions, providing a level of risk management and profit potential that's hard to match.


Here's what you'll gain from this course:

  1. Understanding the Hedge Hog: Dive into the core concept of the Hedge Hog Options Spread, unraveling its mechanics and strategies.

  2. Ultra-High Probability Trading: Learn how to structure your trades to achieve consistent profits, with an emphasis on strategies that boast success rates of over 85%.

  3. Versatility and Risk Management: Discover how the Hedge Hog can be used to stand alone, generating income, or as a powerful tool to protect your other positions in the market.

  4. Community and Support: Join a vibrant community of like-minded traders and gain access to expert guidance and insights, ensuring you're on the path to success.

We know you're going to love this course!


See you inside!

Who this course is for:

  • Beginner and Advanced Traders

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