OptionPundit never lost money since Apr 2007

Gone were the days when you had no other choice but to only invest or trade your hard-earned money in your local stock market, a statement for non-US citizen of course. The problem - you can’t make money if the stocks are going down the drain. Thanks to internet you can now trade the matured U.S. stock market virtually anywhere and make money regardless of bull or bear. I like to trade the options simply because of the power of leverage. I received many emails from readers ranging from how to open trading account, which brokerage to how to fund your trading account. I’d written some articles to answer it and hope you enjoyed reading it.

OptionPundit Toolbox

While you might enjoy reading how StockTube made money trading options, the reality is I have to do tons of reading and research before I open new position or even to close existing position. There’re tons of tools out there that could help with your research. For example OptionPundit has a good collection of toolbox ranging from news, market indicators, resources links, technical charts and etc. One of the tools that you shouldn’t miss is definitely the real-time and historical insider trading tool. Try to key in “GOOG” and see how those chief officers were selling like mad.

OptionPundit via his OPN (that’s OptionPundit Newsletter) claimed to have made annual returns of 127.8 percent - $10,000 would have ballooned to $22,789 based on seven factors to which I agreed. The past performance might be too good to be true but it’s true, according to his article. Of course one of the factors that I couldn’t agree more is to give freely back to the society. There’s one thing that both OptionPundit and StockTube agreed on the global oil prices. I had wrote why the oil prices might spikes to $90 and beyond back in Sept 2007 and OptionPundit believed (Oct 2007) the black gold would not stop until it reaches $100 a barrel. I guess both of us thinks alike when comes to making money trading options.

There’re good amount of articles such as how you can make money by deploying vertical credit spread. You can also make money by leveraging on time decay by deploying Iron Condor strategy. Just go here to read the rest of the interesting articles.

Option Pundit Newsletter – never lost money since

OPN, short for Option Pundit Newsletter is something that interests me because it claimed to provide low risk options trading suggestions that are available only to subscribers. And to be able to provide double-digit gains since April 2007 (except on Sept 2007) is something that should raise your eyebrows. Just how much does it cost? It’s US$148 monthly, US$399 quarterly or US$1,599 yearly (ouch!) to subscribe. OptionPundit will only charge if you make money though and the subscription is on invitation. Maybe I should start charging StockTube readers with such service as well *grin*? What say you?
Since you do not have to pay a penny if you’re not making money, I guess the subscription is as good as free.

OptionPundit is crazy about Google as well

I though not many traders are crazy about Google but it appears OptionPundit is one of them and he is playing the earning game. As with any, strategies, there is certain risks associate with it and you better prepare for the worst case scenario. Obviously OptionPundit has done quite a thorough research on Google before jumping into it. As I had mentioned numerous times you got do your own homework before you can smell the aroma of US dollars.

As crazy as I was, OptionPundit made 361 percent profit and other profits on Google Inc. I might need to publish more profits and work harder in order to break my own record of 486 percent trading Google Inc.’s option. If only Google Inc. would nose-dive further *grin*. Sometimes it’s good to compete with another fellow trader though it’s actually your own self that you should be competing. Anyway below is one of the testimonials from OPNewsletter readers.