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Trade the tide, not the waves

Heather Cullen

In The Money

A proven strategy for bull and bear markets

March 31, 2026

The ITM Strategy

No prediction. No guesswork. Simple rules. Clear decisions.

Built to work with the market – not fight it.

33

Backtested

33 years

13

13 X market

return

$1,000

Invested

in 1993 

$25,471

Market result

2025

$353,798

ITM result

2025

  • Clear signals: one entry – one exit.
  • Deep in-the-money options – minimal time value
  • Designed for all markets – bull and bear
  • No predictions. No hype. No reacting to noise

Don’t start your week without the ITM Blog. Every Monday before the market opens.

On The Bench

On The Bench. Well,  we’re out of the market. SPY, SPYG, QQQ – all on the sidelines. Sitting twiddling our thumbs, so we have plenty of time to review our performance – and, of course, play the ‘if only we’d . . . ‘  game. Podcast: On The Bench (Trying

Heather Cullen BLOG ITM In The Money Brain Sabotage

Brain Sabotage

Brain Sabotage. Red candles. War headlines. Oil surging. The perfect environment – not for a market crash – but for your brain to sabotage you. Our logical brain – the one that understands the ITM strategy – often gets pushed aside by something much older and much louder. And that’s

In The Money Heather Cullen ITM BLOG The Duck Market

The Duck Market

The Duck Market. While the major indexes have been drifting sideways since October, don’t let the surface calm fool you. We are currently navigating a “Duck Market”- placid and unmoving on top, but with a frantic, high-speed struggle happening just out of sight. That duck is paddling. And that pond

What Readers Say

“Simple, clear, and easy to follow.”

“By far the easiest and lowest-stress strategy I’ve used.”

“A simple, profitable way to trade – without losing sleep.”

“I’ve read over a hundred investing books – this is in the top five.”

“I’d give it 6 stars if I could.”

The ITM Track Record

We follow the ITM trades for 33 years.

Every single trade is listed. No cherry-picking.

The good trades, the bad trades, the boring trades.

No smoke, no mirrors. 

The result?

ITM beat the market and fund managers spectacularly.

About Heather Cullen

Heather Cullen Author In The Money

Hi, I’m Heather, author of In The Money. I’ve been trading the stock market for over 25 years and know what works – and what doesn’t.

After years of making and losing money, I developed the ITM (In The Money) strategy – a simple way to beat the market, across both bull and bear conditions.

Learn the ITM strategy in my book, then follow the weekly ITM blog where I show how to implement it and answer readers questions — free, no membership required

The New ITM Book

Coming Soon

The complete ITM strategy –  bull and bear markets.

Different approaches, same principles.

Get notified when it’s released

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Please note that Heather answers all questions at the end of the ITM Blog.

 

Happy trading!