I haven't been here much lately and I apologize! I'm still trading options on a daily basis and I am doing better than ever. I sure want to help all of my fans but since I don't have any fans it's hard to do write ups. So let's get some referrals! I will post all my trades for free. Ok let me show you one simple trade that takes almost zero risk and will bank you an 88% return annually.
The Stock: PCLN
The strategy: 14 day put credit spreads
The gain: 2.3% per 14 day period
PCLN is currently trading at 1141. This stock has only gone down by 100 points (max) five times over the past three years. It is institutionally owned by 98%. This company always beats earnings estimates. They are growing a very good rate. The overall market is a bit shaky right now but I'm still going to play the upside here.
sell the 1040 put
buy the 1025 put
credit: $35 per contract
10 contracts
commission: $15
Profit: $335
collateral required: 14,665
profit % 2.29%
Exit strategy:
PCLN hits 1060 we exit and reposition for 3% gain.
This strategy could be used for a year as long as the market is right. Don't do this during earnings and make sure you take your emotions out of it. You want me to trade for you then let's talk. I have the perfect platform and negotiated an amazing commission rate. Plus I watch my portfolio every minute of every day and am well aware of all the market and stock news. My goal is no less than 100% gains per year and those gains are 95% probable. I love options. Jonny
