Trading with Ashley Review: How the SKIP Call Option™ Helps You Manage Profitable LEAPS Smarter

Retail traders are constantly seeking consistent, risk-controlled ways to generate income while building long-term wealth. LEAPS (Long-Term Equity Anticipation Securities) have become a popular tool among disciplined traders. These are simply long-dated call options, typically with expirations 12 months or more into the future. They allow investors to capture large directional moves with defined risk.

However, one key question often arises for responsible traders that see profits increasing:

“When is it time to take profits?”

This question is what led Ashley, professional options educator and founder of Trading with Ashley, to develop and trademark the SKIP Call Option™ system: a rules-based method designed to help traders manage profits responsibly while maintaining exposure for continued growth.

What is a SKIP Call Option™?

SKIP stands for Safely Keep Increasing Profits.
The system builds upon a core LEAPS position that is already performing well but still has several months left until expiration. Traders often face the temptation to take profits too early, locking in gains but missing potential upside. Conversely, holding too long can allow a winning trade to erode.

Ashley’s SKIP Call Option™ strategy bridges that gap. Alongside the LEAPS position, she purchases a shorter-dated call option, typically 3 to 9 months from expiration. As the underlying stock rises, these shorter calls appreciate more rapidly due to higher gamma. Ashley then takes profits on these SKIP calls approximately 45 to 60 days before expiration, capitalizing on the move while keeping the longer-term LEAPS open to continue benefiting from the trend.

In short, SKIPs allow traders to take profits without closing their core position, a balance between discipline and opportunity.

Why It Works

Time decay (theta) accelerates as an option nears expiration. By selling the SKIP calls in profit well before that decay becomes significant, traders can repeatedly realize gains from short-term price action while letting the LEAPS capture the larger long-term move.

This dual-layer structure creates a smoother equity curve and helps prevent the emotional pitfalls of selling too soon or holding too long. The approach is particularly effective in trending markets, where staged exits can meaningfully improve performance consistency.

A Responsible Framework for Profit-Taking

In her educational tutorials, Ashley emphasizes that the SKIP Call Option™ is not about chasing every move, it’s about responsibility and consistency.

“The SKIP Call Option allows traders to take profits responsibly as the stock rises, without abandoning the LEAPS Call Option that still has time and room to grow.”

She also underscores the importance of risk management, incorporating stop-loss levels to limit downside exposure.

“It’s okay to be a little wrong,” she reminds her students, “but it’s never ok to be a lot of wrong.”

Why Traders Are Paying Attention

Ashley’s structured, trademarked approach has gained traction across social platforms and trading communities. It appeals to traders who want both discipline and flexibility, those seeking an alternative to the “all-or-nothing” mentality common in options trading.

By integrating short-term profit taking into a long-term wealth-building framework, SKIP Call Options™ give traders a system that aligns with both risk control and growth objectives.

In essence, SKIPs bridge the gap between the income-focused trader and the long-term investor, empowering retail traders to grow wealth safely, consistently, and intelligently.

[Embed 1 YouTube video – https://www.youtube.com/watch?v=rxjeAcaINvo

Learn more at TradingWithAshley.com and explore her programs teaching the Wheel Strategy and SKIP Call Options in detail.