Saturday, January 24th, 2015

What is the best stock options advisory service for trading options?

Looking for a good choice of some strategy or option selections.

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3 Responses to “What is the best stock options advisory service for trading options?”
  1. cb123mail says:

    Your question is not detailed enough.
    However, I’ll try to answer it.

    I had been writing options for about 6 months and earned about $50,000.
    Writing option is better than buying option because if the stock does not move, you get to keep the premium.
    That’s why rich people are writers and people with little money are buyer.
    Writing an option is just selling the option first and then buy it back or do nothing.
    When you sell (write), you keep the premium and wait.

    I wrote Calls and Puts, since the market is moving more toward upward, my did not lose any money from put.
    I did lose some on writing Calls.
    Once you know how writing and buying options work, it’s easy.

    My strategy is buy ETF options or large company option since the bid and ask price is smaller.
    GLD, USO, FXI, SPY, etc…

    I would usually, write a put that’s 30 to 60 days away with a price target of 10% difference.
    The only way that I would lose money is if it goes opposite of my option more than 10%.
    ie. I wrote a FXI call for $1 with a target price of 40. At that time, FXI was 38, the stock when pass 41 to 41.5 when it expired. I lost $.50 because, 41.50-40 = 1.5 which is $.50 more than the $1 premium.
    If FXI stayed below 41 like 40.99, then I get to keep the $1 premium without doing anything more.

    Options are high risk when it does not go your way.
    So, that’s why I rather be a little safer and earn less premium.
    The only way for me to lose money is if it goes up or down more than 10%.

    Email me with any more question.

  2. stevenson7788 says:

    I’ve been happy with the site Option Spread Strategies. Their subscription doesn’t cost too much, and I’ve been profitable every month with their stock option recommendations.
    Hope that helps.

    http://www.optionspreadstrategies.com

  3. James says:

    For options picks, I personally use http://stockpick.mastersoequity.com .

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