Weekly Report

This premier service is ideal for traders who want to establish a portfolio of longer-term option positions. The Weekly Report is published over the weekend and it includes:

                  •     • Market commentary and a chart with technical analysis.
                  •     • Detailed research on two new stocks.
                  •     • An option strategy with entry/exit parameters.
                  •     • Live updates.
                  •     • Track record.
                  •     • E-mail alerts.

We all lead busy lives and you can't afford to be tied to your computer. In less than 30 minutes you can read the report and place the orders. The trades are based on price conditions and the orders are staged - waiting to be "trigger". Once a position is established, a target and a stop are placed.

The Live Update page is a vital part of the report. In the left margin you will find a link to it. This page lists each stock with the entry and exit parameters. It also contains fresh commentary on the position. If there is need for action or adjustment, an e-mail will be sent called Weekly Report - Live Update. It will link you to the log in area. Sign-in and go to the Live Update page for the latest instructions.

When a trade has concluded, the entry and exit will be recapped and posted to the bottom of the original report. Then the P&L is calculated and posted to the Performance page. Each trade entry includes a link back to the original report for your review.

This service is based on a $50k model account and it looks for opportunities that will unfold over many weeks. The strategies will include credit spreads, diagonal spreads and put/call buying. We want positions that only require occasional adjustment. The credit spreads will be 6-8 weeks out so that we can distance ourselves from day-to-day noise and let time work its magic. When we buy premium we will scale into options that have 3-6 months of life. At times, we will sell front month out of the money options against these long positions to take advantage of time premium decay.

The key to all of our services is communication. You'll know the rationale behind each trade and the entire game plan. If conditions change we'll send you an e-mail and keep you informed.

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