Every trade you place, someone is on the other side. Are you sure it's not you?
70–80% of options expire worthless. The sellers collect that premium.
Most traders never realise they’ve been on the losing side of every trade, by design.
10+
1,000+
5
$0
What if the reason you keep losing has nothing to do with your strategy?
Every week traders reach out with the same story. They’ve read the books. Watched the YouTube videos. Taken the courses. They know what a bull put spread is. They understand theta. They can explain what delta means.
And they are still losing money. Consistently. And they can’t explain why.
The reason is almost never the strategy. The reason is almost always which side of the trade they’re on.
70–80% of options expire worthless.
That’s not a guess. That’s a structural feature of how options markets work. The premium buyers pay overwhelmingly ends up in the pockets of sellers, because time decay, probability, and volatility all work in the seller’s favour.
The courses that taught you to buy options knew this. They sold you the exciting side of the trade anyway.
At Sqilled, we teach the other side. The boring side. The side that collects premium before the trade even starts. The side where time works for you instead of against you.
Not a get-rich-quick scheme. A systematic, probability-based approach with a structural mathematical edge built into every single trade.
Tap any card to reveal the answer.
These are the questions that separate consistently profitable sellers from everyone else.
You have been playing on the wrong team.
The options market has two sides. One side pays premium hoping for a big move. The other side collects premium and profits from probability and time.
The industry teaches the exciting side. We teach the profitable one.
Five frameworks. One complete system.
Every piece of content, every challenge session, every coaching call uses these five named frameworks. Not generic principles, specific, actionable tools built from 10+ years of real trading.
The 17/45 Rule
Sell at ~17 delta, ~45 DTE. The probability-based entry that anchors every single trade and removes guesswork from strike selection.
The 2x Premium Rule
The Rolling Decision Tree
The Trade Scorecard
The Casino Mindset
Four ways to learn the system.
Free or paid. Group or personal. Pick the path that fits where you are right now.
Free
Free Live Masterclass
$149
5-Day Challenge
1-on-1
Personal Coaching
Your system built around your account, your underlyings, and the specific rules you keep breaking. 3 spots per month. Starts with a free discovery call.
Free
5-Day Email Course
Free
Passive Income Strategy Document
The proven framework for generating consistent monthly income using risk-defined options strategies.
Hi, I'm Addy Khakoo , founder of Sqilled.
I spent over a decade trading options the wrong way before I figured out what actually works.Like most retail traders, I started on the buying side. News in the background. Twitter scrolling for the next setup. Calls before earnings. Puts when I "felt" a pullback coming. I told myself I was being strategic. I was guessing, and the market was charging me tuition for it.The wipeout came faster than I want to admit.
Not a rough quarter. The whole account. And after I sat with it long enough to stop blaming the market, one question kept surfacing: if 70 to 80 percent of options expire worthless, why was I constantly on the wrong side of that math?The answer was simple and uncomfortable. I was paying a premium for the privilege of being right about direction, timing, and magnitude all at once. The house was selling me lottery tickets and I kept buying them.
So I flipped the entire approach. I started selling premium instead of buying it. But I refused to do it on instinct this time. I pulled 6,354 trading days of SPY data and tested every assumption I'd ever held about strikes, expirations, and volatility. The numbers were unforgiving and clarifying. 79.9 percent of daily moves stayed inside one standard deviation. The edge wasn't in predicting direction. It was in selling time and volatility to people who thought they could.That work became the 17/45 framework, the IV rank filter, and the trade scorecard I use every week. Sqilled exists because no one taught me this when I needed it. So I built the school I wished I'd had.
- 10+ years options selling experience including Wall Street bank
- Creator of the 17/45 rule, 2x premium rule, rolling decision tree, and trade scorecard
- 1,000+ active subscribers, still actively trading and building publicly
Real shifts. Real traders.
Not cherry-picked wins, the specific changes that happen when traders finally have a system built around their situation.
I've been trading for 4 years and never had rules like this. Day 4 alone, walking through the rolling decision tree on live tested positions, changed how I'll approach every management decision from here.
Challenge Graduate
4 years options experience
First profitable month in 18 months of trading. Not huge returns, consistent, clean, no blowups. The difference was finally having a process I could follow when things went against me.
Intermediate Trader
$15k account, options seller
The income plan math was a wake-up call. I've been targeting returns my account literally cannot support without dangerous sizing. That one realisation, from the free masterclass, changed my whole approach.
Masterclass Attendee
$12k account, part-time trader
Still have questions?
The most common things people ask before getting started. If you don't see your question here, the free masterclass is the best place to bring it, 30 minutes of live Q&A every session.
Do I need experience to start?
No. Most students come in having only bought options and lost money doing it. The free masterclass starts from zero and teaches you why selling beats buying for retail accounts.
How much account size do I need to start selling options?
You can start with around $2,000 using defined-risk strategies like credit spreads. Cash-secured puts on liquid ETFs typically need $5K to $10K. The masterclass shows you exactly what's possible at each account size.
Is this financial advice?
No. Sqilled is education. We teach frameworks, data, and decision rules so you can make your own informed choices. Always do your own research and consider speaking with a licensed advisor for personal financial decisions.
What makes Sqilled different from other options courses?
Two things. Every rule we teach is backed by real backtested data, not opinions. And we focus on selling premium instead of buying it, which is the side of the trade that pays retail traders consistently over time.
Where do I start if I've never sold an option before?
Start with the free masterclass. It covers the core mechanics, why selling beats buying, and the 17/45 framework that everything else is built on.
I've tried other courses and still lost money. Why would this be different
Most courses teach you to predict direction, then sell you more indicators when prediction fails. We teach you to sell time and volatility, which removes the need to be right about direction. With strict rules around delta, DTE, and IV, the math works in your favor instead of against you.
Do you offer refunds?
The $149 5-Day Challenge come with a 14-day money-back guarantee. Join each day, go through the material and if it's not for you, email us for a full refund. No friction.
How much time does this take each week?
Less than you'd think. Once your trades are placed, selling premium is mostly waiting. Plan on 30 to 60 minutes a week to scan setups, place trades, and manage rolls. The 17/45 framework is built specifically so you're not glued to a screen.
Does this work with my broker? (TastyTrade, ThinkOrSwim, IBKR, etc.)
Yes. Everything we teach works on any broker that supports options trading. TastyTrade, ThinkOrSwim, IBKR,
The system exists. You just haven't learned it yet.
Start with the free masterclass. 60 minutes. Real content. No pitch. If it doesn't change how you think about options, nothing paid would be right for you anyway.
Educational only, not financial advice · Trading involves risk · Free to start
