TL;DR: The Winning Secret is Peter Schultz’s training on selling options for income, built around credit spreads and iron condors. It comes as a 152-page manual, 15 videos, and 14 audio files, and it covers trade protection, ThinkorSwim setup, and a weekly routine for profiting from options that lose value over time. If you want to learn the income side of options rather than buying lottery-ticket calls, this is built for that. Educational material only, not financial advice.
Selling Options, Not Buying Them
Most beginners buy options and watch them decay to zero. The Winning Secret flips that around and teaches you to be the seller, collecting premium through credit spreads and iron condors with defined risk. The whole premise is profiting from options that lose value over time, which is a fundamentally different mindset from directional betting. It connects naturally to broader options strategies you can grow into.
Protection and Platform
Selling premium is only safe if you know how to defend a trade, so a core part of the course is trade protection: when to exit and how to adjust positions that move against you. Schultz also walks through setting up ThinkorSwim for these trades, including automation, so the mechanics are not a barrier. That focus on defense leans on disciplined risk management, which matters more for sellers than for buyers.
A Weekly Income Routine
The training includes a ten-module set built around weekly trading, the cadence many income traders prefer. Across the 152-page manual, the videos, and the audio files, the goal is a repeatable weekly routine rather than one-off trades, supported by free future updates and webinars. Running that routine well pairs naturally with steady trading psychology, since premium selling rewards patience over excitement.
Who It Fits, and Who Should Skip It
This course suits a particular trader:
- Traders who want options income rather than directional gambles
- People drawn to credit spreads and iron condors
- ThinkorSwim users who want a defined weekly routine
- Developing traders pairing the method with technical analysis
Who should skip it: complete options beginners may want the basics of calls and puts first, and anyone uncomfortable with defined-risk selling and adjustments should build up to it. If you want a passive signal service, this is not it.
About Peter Schultz
Peter Schultz teaches the Winning Secret approach to selling options for weekly income, with an emphasis on protection and process. Judge the course on the clarity of the spread and adjustment lessons rather than any income hook, and pair it with any price action study you trust. For neutral background, Investopedia’s overview of a credit spread is a useful start.
The Winning Secret: Common Questions Answered
What is The Winning Secret? It is Peter Schultz’s options-selling course, a 152-page manual plus 15 videos and 14 audio files covering credit spreads, iron condors, trade protection, ThinkorSwim setup, and a weekly routine.
Who is it for? Traders who want to generate options income through defined-risk selling rather than buying.
Is it worth it? For traders ready to learn premium selling, yes. The protection and adjustment focus is what most income traders are missing.
Is it legit? Yes. It is a real training from Peter Schultz with a manual, videos, audio, and ongoing webinars.
Do I need experience? A basic grasp of options helps, since the course centers on selling strategies.
What makes it different? Its focus on weekly income through credit spreads and iron condors, with real trade protection.
Our Take After Reviewing the Training
If you keep losing on bought options, The Winning Secret shows you the seller’s side with a defined weekly routine. Download it, learn the adjustments, and size your risk sensibly. Educational only, not financial advice.
