You've got the book.
Now watch the moves.
Joe and I pull three adjustments straight out of the playbook and walk them through live โ real trades, real risk graphs, real numbers. Watch the video below, drop your email, and we'll send you the first lesson right away.
Mike & Joe โ Welcome
Send me the free lessons
Lesson 1 hits your inbox right away. Lessons 2 and 3 follow over the next two days.
What Joe and I walk you through
Three moves. Three real trades.
These are real positions we worked through inside the Trade Club โ entry, adjustment, and outcome. No slides, no scripts. Just the trade and how we think through it.
Lesson 1 โ arrives right away
Only 7 minutesThe Squeeze Play โ KRE
Same spread. Half the risk. Profit kept.
Here's something we see all the time. A spread is moving against you and the trader just... sits there. Watching it, hoping it turns around. Afraid to touch it.
The Squeeze Play is what Joe and I do instead. You contract the distance between your strikes โ one move, 5 cents โ and your risk drops by more than half. The capital that was locked up goes back to work somewhere else. You don't have to be right on direction. You just have to know what to do.
We walk you through a live KRE position โ regional banks dropped nearly 10% in two days on loan-default fears. We'd sold a credit spread at 91% probability of profit. When the stock bounced against us, we applied the Squeeze Play. Risk went from $870 to $420. Bought the whole thing back for a penny.
$870 Risk ยท before
New Risk $420 ยท risk reduced by $450
How the Squeeze Play works
A simple way to manage risk in any vertical spread. You roll your long strike closer to your short strike, squeezing risk out of the trade. Requires at least one strike between the legs.
- Debit spreads
- Credit spreads
- Iron condors
- Butterflies
Lower risk inside the spread โ and in many cases a guaranteed profit. You sacrifice some upside to eliminate downside. Often frees capital to redeploy immediately.
For credit spreads: when price nears or crosses your short strike. For debit spreads: as the stock approaches your long strike. A proactive way to lock in profit before expiration.
Lesson 2 โ arrives the next day
Only 11 minutesHouse Money โ CME
Position doubled. Cost recovered. Risk-free ride.
Here's what we see a lot. A trade is working โ up good money โ and the trader does nothing. They're afraid to close it, afraid to touch it. Just sitting there hoping it doesn't come back.
House Money is what you do instead. When the position doubles, you sell half. That locks your original investment back into your account โ guaranteed, off the table. What stays in the market runs on the house's money now, not yours. We walk you through exactly how that works.
We're in CME calls here โ Quantum bull signal, earnings 16 days out, IV rising. Position doubles. We sell half, take the $992 debit back off the table, and let the rest run. We walked out with +$648, up 65% in 15 days. Without the House Money adjustment, it would have been $368. That's what the adjustment does.
Original Trade
+$8 locked ยท zero risk on house money
How the House Money play works
Turn a winning position into a risk-free โ or guaranteed-profit โ play. Once the trade doubles, you sell half, pulling your original investment off the table and letting the rest ride on the house's money.
- Long calls & puts
- Debit & credit spreads
- Condors & butterflies
- Any setup with 2+ contracts
After selling half to recoup your full cost, the remaining contracts carry $0 risk. If they keep running, the upside is pure profit โ often a guaranteed-profit position from the moment you make the move.
Apply the moment a multi-contract winner doubles in value โ e.g., $1.00 โ $2.00. Sell enough contracts to recover your initial investment, then let the rest run.
Lesson 3 โ arrives the following day
Under 18 minutesSpread the Spread โ NVDA
Not every adjustment locks profit. Some stop the bleeding.
Here's the thing about directional trades. When the market moves against you, your delta starts working against you too โ every point costs more than the last. Most people freeze, or they close it out for a loss. Joe and I do something else.
Spread the Spread is how you neutralize a trade that's going the wrong way. You add a spread in the opposite direction. That flattens your delta, locks in a risk ceiling, and flips theta positive. Time stops working against you and starts working for you.
We walk you through a live NVDA bullish risk reversal โ 80%+ probability of profit, risk parked at $175. Then tariff news hits on a Friday and the whole market drops. We had a predetermined trigger: if NVDA closes below $185, we apply the adjustment. We bought a put spread for $820 and actually reduced total risk from $980 to $800 while neutralizing delta completely. The position recovered from -$208 to -$60 while an unadjusted position kept bleeding. Theta positive the whole time.
$980 ยท full exposure ยท before
$800 ยท delta neutralized ยท theta positive
How the Spread the Spread play works
Reduce the debit โ or increase the credit โ of an existing trade by selling a new spread against your original position. Caps risk and neutralizes directional exposure in one move.
- Debit spreads (bull call / bear put)
- Credit spreads
- Risk reversals
- Morphs into a butterfly or condor
Selling an OTM spread reduces overall risk, brings in additional credit, and neutralizes delta โ so a trade moving against you stops costing more on every point. Theta flips positive.
Apply when the stock appears to have stalled in its directional move, or when a predetermined trigger is hit. Use technical levels โ support, moving averages โ to decide when.
Who we are
Nearly two decades of trading. Live, on camera.
Author ยท Founder, MWTC
Michael Wade
Veteran trader, teacher & coach
I came up under George Fontanills and Tom Gentile at Optionetics โ as a student first, then teaching alongside them. I've been in this market for 25 years and I still show up every morning to trade live with the community. That's not a marketing line. That's just what I do.
Contributing Author
Joe Contes
Seasoned trader ยท Truth-teller
I co-built the Adjustment Course that became the foundation of this book. I've been trading alongside Mike for close to twenty years. I try to be straight with people about what trading actually takes โ and what it doesn't.
"I've worked with Mike for over 23 years. He's one of the sharpest minds in the game. This groundbreaking book makes options and adjustments accessible to traders for the first time. It's a total game changer."
A few things people ask
Before you sign up.
How long is each lesson?
Between 7 and 18 minutes. Joe and I don't pad them. Every minute is on the trade.
Do I need the book to follow along?
It helps but it's not required. Each lesson stands on its own. If you have the book you'll recognize the trades right away. If you don't, you'll still follow the thinking.
What's the catch?
There isn't one. You get the three lessons over three days, free. After that, we'll tell you about the full Adjustment Course โ 17 named moves, a decision framework, real case studies. But that's a separate conversation and you'll decide if it makes sense. These three lessons are just ours to give.
What happens after I get the three videos?
You'll hear from us โ trade ideas, adjustments we're working through, things happening in the community. We don't flood your inbox. And when the time is right, we'll tell you about the full course. But that's your call, not ours.
What if I'm brand new to options?
The book starts at the beginning โ risk graphs, the Greeks, how options work โ before we get into adjustments. These lessons assume you've read a few chapters. If you're completely new to options, start with the book and come back to these. They'll make a lot more sense.
