Founder of Sqilled · Options Trader · Educator

The Trader Who
Teaches What He Does.

Deep dives, strategy breakdowns, and real-market analysis from 10+ years of selling premium. Every post is built around one goal: making you a better, more consistent options seller.

10+

Years Trading

1,000+

Traders Helped

100k+

Trading Profit

5

To Start Learning
Addy Khakoo - Options Trading Mentor and Founder of Sqilled
The Beginning

I started trading options the wrong way, and lost everything.

Like most traders, I started on the buying side. Following CNBC. Reading Twitter. Buying calls before earnings. Chasing momentum. I felt informed. I was losing money consistently.

Then I wiped out my account completely. Not a small loss, everything. And I had to sit with an honest question: if 70–80% of options expire worthless, why am I constantly on the losing side?

The answer was painful. I had no system. No defined strikes. No probability framework. No exit rules. Just trades and hope dressed up as analysis. That wipeout was expensive. But it was also the moment everything changed.

design (1)
The System

I stopped looking for the right strategy. I started building the right process.

The moment everything changed was a 90-day period where I committed to one setup, bull put spreads on SPY and QQQ, and ran the same rules every single time. 17-delta. 45 DTE. Take profits at 50–65%. 2x rule for losses. Journal every trade. Sunday review every week.

Nothing else. No strategy-hopping. No overrides. No "I feel good about this one."

Month 3 was the first genuinely consistent month of my trading career. Not huge returns. Consistent, clean, no blowups. No emotional decisions. Just steady execution of the same loop.

The framework that emerged from that, the 17/45 rule, the 2x premium rule, the rolling decision tree, the trade scorecard, the casino mindset, is what I teach at Sqilled.🏗️

10+

Years of Experience

1,000+

Trading Profit

1k+

Active Subscribers

5

Core Frameworks
The System

Five frameworks that run through everything I teach.

These are not generic principles. They are specific, named, actionable frameworks built from 10+ years of real trading. Every piece of content, every challenge session, every coaching call references these five.

The 17/45 Rule

Sell at approximately 17 delta, 45 DTE. The probability-based entry framework that anchors every trade.

The 2x Premium Rule

If a position reaches 2x the original premium collected, that's decision time. The loss trigger that prevents small losses from becoming large ones.

The Rolling Decision Tree

A 4-step framework for every management decision. Close, roll, or accept assignment, decided in 30 seconds without emotion.

The Trade Scorecard

A 0–10 scoring system for any setup. Only enter 8+. Removes "I feel good about this" from the equation entirely.

The Casino Mindset

The mindset framework that explains why sellers have a structural mathematical edge over buyers, and how to let it compound over hundreds of trades.

The System

Five frameworks that run through everything I teach.

2013

Started trading options as a buyer

Following CNBC, buying calls on earnings, chasing momentum. Lost money consistently without understanding why.

2015

Wiped out first account

Complete account loss. The painful but necessary forcing function that triggered a complete rebuild of process and philosophy.

2016

Switched to selling premium

Rebuilt from scratch with a probability-based approach. Started selling options systematically for the first time. First consistent results.

2024

Founded Sqilled

Built the platform to teach the complete options selling system to traders who were losing money the same way he once did. 1,000+ subscribers in year one.

What Sqilled Stands For

Three principles behind every piece of content.

Probability Over Prediction

I don't pick directions. I don't predict earnings. I don't time the market. I sell high-probability setups using math, delta, IV rank, standard deviation, and let the edge compound over hundreds of trades. That's the whole approach.

Process Over Strategy

Most traders think they have a strategy problem. They have a process problem. The strategy is 30% of consistent results. What you do when it goes against you is the other 70%. Everything I teach is built around process, written rules, defined exits, mechanical management.

Transparency Over Highlights

I document what I'm building publicly, including the hard parts. I'm not selling a dream of overnight wealth. I'm showing a real system, from a real account, with real results, and the real work it takes to build something that lasts.

Start Here

Ready to build a real system?

Free Masterclass

60 minutes of real content on April 21 at 3PM PST. The foundation of the complete system, free.

5-Day Challenge

The complete system built live over 5 days. Written rules, real tools, 30-day income loop. $149.

1-on-1 Coaching

Your system built around your account, your trades, your specific breakdown points. 3 spots/month.

The system I trade every week is the same one I teach.

Not theory. Not a highlight reel. A real framework from a real trader, built in public.

Educational only, not financial advice · Trading involves risk

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