The Sphinx Strategy innovates the traditional Options Wheel Strategy for high-volatility markets, incorporating Double Bear and Bull Spreads with OTM puts and calls.
It optimizes risk-reward by leveraging market fluctuations effectively, designed for disciplined traders seeking methodical market engagement. Developed by Unofficed, this proprietary approach is named for its payoff graph’s resemblance to the iconic Sphinx, highlighting its unique risk management and premium collection capabilities.
This strategy offers a systematic, superior alternative to conventional options trading methods. It stands as a testament to strategic trading innovation, tailored for high-IV environments.