Frequently Asked Questions

I am completely new to Options Trading. How do I learn about them?

I provide easy-to-follow directions for each trade. With little or no experience trading options you can process these trades with any options brokerage service. During the 60 free trial you can practice paper trading all my trades using CBOEs Virtual Trading System. To learn more about options you can start with the free courses at the Chicago Board of Option Exchange (CBOE). You can start at the Learning Center taking the online tutorials .

What kind of brokerage account do I need?

You need to have a brokerage account that allows you to trade options, credit spreads and iron condors. You will want to use a broker that can provide quick and accurate trade executions. Within the Getting Started section you will find a listing of the most popular brokers for options trading, including CBOE ‘s free Virtual Trading system. You can use this virtual system to paper trade all my trade alerts during the 60 trial period. You will be able to practice executing, adjusting and exiting trades without risking your money

What exactly is a Credit Spread Option Trade?

What’s the advantage of a Credit Spread Option Trade?

If you like the idea of knowing exactly what your profit will be, exactly when the trade is closed, and exactly how much money you will risk then credit spread trading is for you. Your profit margins will be between 2% and 5% on each trade and there are techniques for changing your trade if it becomes a losing trade to help you recover some of the loss. Also a credit option trade is less volatile than individual stock options. A stock can move up or down 10% or more in a given day, whereas with an index the probability of doing so is very rare and only happens in an instance of a market crash. Top of Page

Can I reinvest my profits each month?

The money is yours. This will be entirely your decision. Top of Page

How much is your service?

The subscription fee is $59.95 per month. Online payments are processed through PayPal. This service is very safe and secure. I only receive your email address. You do not need to share you banking information or credit card number with me because PayPal takes care of securing your financial information. PayPal is a widely recognized and respected independent their party company based in the United States, which specializes in processing online credit card transactions for over 7 million users. You will automatically receive a 2 month free trial. You may cancel your trial or subscription at any time by simply sending me an email. Once I receive your email your account is immediately cancelled and you will not incur any further charges. Top of Page

No one offers a guarantee so why do I do this? I am very successful and do not feel it’s right to collect a fee when the net of all my trades is a net loss. There will be instances when one trade’s loss is more than offset by another’s profit. My goal is to earn a net profit for the month. I will occasionally adjust a trade to breakeven and prevent a loss. All trades and adjustments are emailed to subscribers. Top of Page