Tutorial 34 of 39•7. Preset Library — One-Click Screens•5 min read
High Probability Preset: Win 80%+ of Your Trades
The High Probability preset uses a strict probability-of-profit floor to surface only contracts with an 80%+ statistical chance of expiring worthless.
What this preset does
The High Probability preset uses a strict probability-of-profit floor:
- Probability of Profit ≥ 80%
- Liquid contracts only
- Standard wheel DTE
- Reasonable price floor
It's mathematically similar to Low Delta but uses POP (which is IV-adjusted) instead of raw delta.
When to use it vs Low Delta
| Use High Probability when... | Use Low Delta when... |
|---|---|
| You want IV-adjusted probability | You want a constant delta band |
| Trading mixed-IV underlyings | Sticking to one stock |
| Reporting trade quality | Quick scanning |
In practice, both preset families produce similar shortlists. POP is slightly more honest because it accounts for current implied volatility.
A worked example
- Open the Put screener.
- Apply High Probability Put preset.
- Set Yield ≥ 0.5% (filter out tiny premium).
- Sort by Yield descending.
You'll get a list of contracts where the math is firmly on your side.
Where to go next
- Read Probability of Profit filter.
- Compare with Low Delta preset.
- Try Conservative Wheel preset for the all-in conservative recipe.
Frequently Asked Questions
Is 80% probability of profit guaranteed?
No. POP is a model estimate based on current IV, time to expiration, and the underlying price. Real outcomes can deviate, especially on news-driven moves. The 1-in-5 losing trades can still be meaningful.