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« A Tax Free Way To Play Gold | Main | Randgold Resources Limited Call Options Up 44.07% »
Thursday
Nov192009

An Update On Our Premium Options Trading Service

Back in March we launched a premium options trading service, separate from our main websites on gold, silver and uranium, called OPTIONTRADER.


Now that the service has been running for a decent amount of time, we thought we would post an update regarding how the service is doing.

So below are ALL closed trades from the last 3 months, as they were sent to OPTIONTRADER subscribers:


Trading Record

Bought USO $40 Oct-09 Puts @ $4.30 on the 6/8/09.
Sold for $4.80 on the 31/8/09.
11% profit in 25 days.

Bought KGC $20 Sep-09 Puts @ $1.10 on the 7/8/09.
Sold for $2.10 on the 18/8/09.
90% profit in 11 days.

Bought IAG $12.50 Sep-09 Puts @ $1.00 on the 14/8/09.
Sold for $1.50 on the 17/8/09.
50% profit in 3 days.

Bought GLD $100 Mar-10 Calls @ $7.60 on the 8/9/09.
Sold for $10.25 on the 4/11/09.
34.87% profit in 57 days.

Bought GLD $100 Mar-10 Calls @ $7.80 on the 6/10/09.
Sold for $10.25 on the 4/11/09.
31.41% profit in 29 days.

Bought GLD $90 Jan-11 Calls @ $16.10 on the 3/9/09
Sold for $22.35 on the 4/11/09
32.82% profit in 56 days.

So thats an average gain of 41.68% per trade in an average of 30 days per trade!

This is a comprehensive list of trades for the period, with nothing omitted. In addition to this, we still have 7 positions that are still open, all of which are showing a paper profit of at least 30%.

Our balanced trading portfolio, modeled on OPTIONTRADER trading signals, is up over 27% from August to present.

OPTIONTRADER prides itself on being versatile and adaptable to suit market conditions. We do not buy and hold and hope, we are prepared to go long or short on any entity if we believe the opportunity is there.

Also, one does not need a comprehensive understanding of options trading to use this service, all signals are clearly explained and easy to follow. Also although options trading does carry risks, by keeping a close watch on the markets and combining our expertise and experience together with ongoing research, we are able to limit the downside of any trade. Although we of course do incur losses from time to time, our winning trades far outweigh our losers and we place a large emphasis on limiting risks involved in any options trade. For example OPTIONTRADER did get off to a difficult beginning where we did take some losses, however by only allocating a small weighting of our options portfolio to each trade, and limiting the losses on each trade, the overall impact was greatly reduced.

We use a balanced portfolio and suggest weightings with each trade as to give a realistic representation of how subscribers would've performed with the recommendations.



All paid subscribers to OPTIONTRADER can email us questions or comments anytime, and we will respond as soon as possible, using within 24 hours.



All this is just $199 for 6 months, or $349 for one year!



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Reader Comments (3)

Bravo! nice to see this update on your Options Trading.
Impressive gains listed, but noticed you did not include all trades since inception (March/09). Why not?
Investors know that there will always be losses, it's just a matter of limiting the loss that's most important.
Do you set acceptable profit/loss levels at the time of a trade?
Keep up the grand work!

November 20, 2009 | Unregistered CommenterMark

Hey,

I was wondering if I could get some more information on the options trading. Is that your own options trading, something that you do? Or is it a connected service run by someone else?

Thanks,
Daniel

November 20, 2009 | Unregistered CommenterD

Team,

OPTIONTRADER underwent a full restructuring in July after getting off to a difficult start since its launch in March. We changed our trading strategies and switched our focus to fewer markets in order to improve performance, since we were sustaining small but still significant trading losses to begin with. Since we revised our strategies OPTIONTRADER has not had a losing trade so we believe we have now found a formula for success that is working well.

We often set stops before a trade to ensure that risk is minimized. In addition to this we try to avoid the high risk options where the expiration dates are near and time premium decay is the most rapid. All trades are also weighted in accordance to their risk, so if we believe one trade carries more risk than another, it will receive a lower weighting of our portfolio.

Both Bob & Sam are the main writers on this website, however for OPTIONTRADER, the trading decisions are solely Sam's responsibility as this is his area of specialization. However we are constantly collaborating and sharing ideas with our colleagues across the globe, in order to gain a deeper insight into what is going on right now in the markets, and most importantly what is going to happen in the future.

November 20, 2009 | Unregistered CommenterGold Prices

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