---
title: '🔥 Theta LIVE: 3 Weekly Options Strategies for Steady Income (Don’t Miss It!)'
source: 'https://youtube.com/watch?v=8TRSVKXlgd0'
video_id: '8TRSVKXlgd0'
date: 2026-08-05
duration_sec: 84
---

# 🔥 Theta LIVE: 3 Weekly Options Strategies for Steady Income (Don’t Miss It!)

> Source: [🔥 Theta LIVE: 3 Weekly Options Strategies for Steady Income (Don’t Miss It!)](https://youtube.com/watch?v=8TRSVKXlgd0)

## Summary

This video is a promotional announcement for an upcoming live event called 'Theta LIVE' scheduled for November 5th. The event will feature three options traders who will present their unique strategies for generating consistent weekly income through options trading, all centered around the concept of theta (time decay). The video highlights each trader's approach, including the Time Flies Strategy, the Flyal Strategy, and the Double Calendar Strategy, and encourages viewers to register for the event.

### Key Points

- **Event Announcement** [00:02] — The video announces a live event on November 5th featuring three options traders who will demonstrate how to collect weekly income from options with defined risk.
- **Simon Black's Time Flies Strategy** [00:14] — Simon Black, creator of the Time Flies Strategy, uses a smart twist on butterflies and diagonals. His goal for the year is a 100% return.
- **Steve Guns' Flyal Strategy** [00:40] — Steve Guns presents his Flyal Strategy, which boasts a very high win rate. He explains that if the market goes up and volatility drops, the butterfly makes money; if the market goes down and volatility increases, the diagonal makes money.
- **Ravish Auya's Double Calendar Strategy** [00:54] — Ravish Auya introduces his double calendar strategy, claiming that trading double calendars alone can yield well over 100% returns.
- **Call to Action** [01:10] — The video urges viewers to register for the event via the link on the screen, emphasizing that the live will be filled with actionable ideas.

### Conclusion

The video serves as a promotional teaser for the Theta LIVE event, showcasing three distinct options trading strategies that leverage time decay for consistent income. It effectively builds anticipation and encourages registration for the upcoming live session.

## Transcript

Would you like to collect income from options every week with defined risk? That's exactly what three traders are going to show us in the next Fed live on
November 5th. We are bringing together three options traders who each have built consistent income systems all powered by theta. First up, Simon Black,
creator of the Time Flies Strategy, uh, smart twist on butterflies and diagonals. >> So, my goal for the year is 100% return. >> Then it is Steve Guns with his flyal strategy, seeing a very high win rate.
>> If we go up and volatility drops, the butterfly is making money for me. If the market goes down and volatility increases, the diagonal is making money for me. and Ravish Auya with his double calendar strategy.
>> If I were to just trade double calendar in an account, I can make well over 100% >> Three unique ways to turn time decay into consistent income and you can ask them all your questions. Don't miss this Feta live. It's going to be filled with
Feta live. It's going to be filled with actionable ideas. Check out the link on the screen and register now. See you on November 5th.