So, that was an interesting month. That is, if you think crazy is interesting! Since crazy is probably going to stick around for awhile, let’s take a look at how the Options For Income portfolio did in May.
Up 8.61% on the month, 4.36% in the last week and 2.70% in the last day. Obviously the portfolio is leaning bearish right now! Let’s break down a few of the current positions to see how we arrived here. Make sure you read all the way to the bottom of this post where you will see this month’s big winner! (Note: click on any image below to open in new tab)
On that XRT position we took a $890 loss on the Calls but we have made (so far) $3,295 on the Puts for a current net profit of $2,405. Next position…
We have many other positions in the portfolio but this is the last one I will share here. If you want to see the rest, why don’t you sign up for a free trial? See below for the link. So here is my current favorite position:
This should give you a pretty good idea of what Suz Smith and myself offer our subscribers at the Options For Income service. We don’t just throw out a trade suggestion without giving you some context about why we are placing a trade in the first place. We believe in educating our subscribers so that they can actually learn to trade like this on their own. Last, but definitely not least, every trade shown above are defined risk positions where we actually reduced the original risk by a substantial amount as the trade progressed. We believe risk reduction correlates highly with stress reduction. After all, trading isn’t much fun if you can’t sleep at night!
That is all I have for you now. If you are not a subscriber and you would like access to the Options for Income subscriber chat room, you can sign up for a 14 day Free Trial to try out the service. What have you got to lose, it’s free!
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