Spin the Wheel

Spin the Wheel

Spin the Wheel

There’s ‘trading’ options and then there’s ‘buying’ and ‘selling’ options. Of course trading involves buying and selling but it’s much more than that. Successful traders plan their trades and take advantage of opportunities when they present. Unsuccessful traders play options like the roulette wheel in Vegas. Put 10% of my entire portfolio on red 7. […]

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Free Netflix!

Free Netflix!

Free Netflix!

How can a option position be free? Just 1 day after establishing a NFLX position this week I had the opportunity to eliminate all cost in the position while still maintaining a potential maximum profit of $10,020. Actually, I did a little better than that. I locked in a minimum $20 profit even if NFLX […]

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The 1500% Trade!

The 1500% Trade!

The 1500% Trade!

This week I’m going to walk you through how I was able to buy SPX Calendar spreads on March 2nd for $2.75 each and sell them on March 14th for prices ranging from $7.00 to $45.00! That means the worst performing Calendar had a 154% return. The best performer was up over 1500%. In.Eleven.Days. Below […]

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