look at the board picture

Ok guys screenshot results is live - 19% profit so far and 9k in the last month :)

Yes, I never trade weekly

2015... :)

Feb15 the expiry month.
No typo

Hey how are you?

Good thing you are interested in options that's a good start :)

Regarding learning, two options are for you.

One option that some people here are using is learning with me over skype 1 on 1 on the phone or on the skype session which could be little expensive for the people with no funds, feel free to PM me for details. but if you have spare funds, this is the best way to invest in your future education.

Second option is to just get my math formula that I use for $250 donation via paypal and it's a good way as well but it doesn't give you access to, well, me :)

Let me know what would you like to do

Ziv

Hello everyone,

I was away for a nice long weekend, will update results soon :)

Oil up 5% today...:)

Closed $UNG for $1,700 loss

Just closed my 17-15 put spreads on this one for $1,700 loss.

No biggy :)

$NFLX - $1,250 Income Winning Trade -

Just closed my 305-300 Put Spreads for $1,250 income and 83% profit on the premium :)

Thank you math formula :)

$NFLX - $1,250 Income Winning Trade -

Just closed my 305-300 Put Spreads for $1,250 income and 83% profit on the premium :)

$INTC -

Sell 20 $INTC 39-44 Call Spreads Feb15 for $700 income and 10% insurance

$INTC -

Sell 20 $INTC 39-44 Call Spreads Feb15 for $700 income and 10% insurance

Oil up 1.5% in the last hour...

Here's a tip, that ever you read on the financial newspapers, do the opposite... :)

I've read the news and no, not yet anyway, maybe soon before earnings

Thank you and if you look again see the oil is already 0.1% in the green...

:)

I know what I'm doing ( I hope lol)

Morning All,

I will write call spreads on $INTC for 10% insurance and around $600 income

Hey there,

First I also like this time of year :)

I take the trades the math formula gives me.

I use earnings since I think each stock is exactly the price that it should be not more no less and the math calculates the % the market could be wrong either way.

Plus allot of speculations going around and good liquidity so in most cases the selling options people will make money while the buying options people will say up down up down and eventually lose allot of money buy gambling on a direction.

$AAPL - $950 Income Win Trade

Just closed my 105-100 put spreads for $950 income and 88% profit on the premium.

Thank you math formula :)

$AAPL - $950 Income Win Trade

Just closed my 105-100 put spreads for $950 income and 88% profit on the premium.

Thank you math formula :)

$EBAY-

Sell 20 EBAY 55-60 Call Spreads Feb15 for 10% insurance and $680 premium

$EBAY-

Sell 20 EBAY 55-60 Call Spreads Feb15 for 10% insurance and $680 premium

$SPY - Amazing $5,400 Winning Trade :


closed yesterday my 185-220 Iron Condor on this one for $5,400 Income and 95% profit on the premium.

Thank you math formula :)!

If you don't own it yet, I don't know what are you waiting for...PM for details people.

Morning,

I will write call spreads on EBAY today for 10% insurance should be safe trade

I actually like $RIG at the price of today that I will let it expire and have it as stocks in my account.

I understand how other people can do so, but I have no isseus with tide funds so I'm happy to buy $RIG at around $15 instead of $30 just two months ago...

Summary Of Open Trades :

Winnings : $AAPL $NFLX $FB $TWTR $AMZN $A $USO $WFC
Losing : $RIG $UNG

Closed today $SPY for $5,400 profit :)

I am aware yes.

No problem. All I did was post my trades on my board started three months ago in order to help people make money by selling options instead of buying options and win 80% of the time using a math formula that I've learned during my MBA in finance days.

Some choose to follow and make money and some don't, it's the persons choice.

I believe that instead of guessing up or down all the time, the math does all the work for me and choose what to do

$WFC -

Sell 20 WFC 45-60 Feb15 Iron Condor for $1,800 premium.

Sell 50 Put Buy 45 Put
Sell 55 Call Buy 60 Call

$C - $1,175 Win Trade -

Just closed my iron condor on this one for $1,175 income and 94% profit on the premium.

Thank you math formula :)

$C - $1,175 Win Trade -

Just closed my iron condor on this one for $1,175 income and 94% profit on the premium.

Thank you math formula :)

This volatility is crazy and doesn't let me close trades that will expire worthless in a few days. I feel sorry for all the option buyers today

$USO -

Sell 50 $USO 16-12 put spreads Feb15 for 14% insurance and $2,500 premium

$USO -

Sell 50 $USO 16-12 put spreads Feb15 for 14% insurance and $2,500 premium

I know, I'm counring on the math formula to do her best so I can make money :)

Morning All :)

Earning season starts :)

I will write Put Spreads on $USO today since I think when the whole news talks about oil at $30, this is the time to buy and I'll have 14% insurance against a down move.

Ok Guys Have A Great Weekend :)

Don't forget next week earnings starts and I will write most likely 2-3 spreads per day in the next two months so get ready and have cash to trade :)

If you want and don't own my math formula yet, weekend promotion starts now till Monday morning for donations of $249 to du-lait@hotmail.com via paypal and get yourself a very good math formula to guide you for life.

Ziv

yes and no problem :)

ok so if you write a put spread for $1 credit and then you close the trade a week later at $0.2 rate, you keep $0.8 which is $80 or 80%

the price I close my trade to be less than 0.2.

just my sleng

Well it depends on my mood and on the math :)

I usually likes to close the spreads when the rate is 0.2 or less so on each 10 units I lose around $100-$200 if it's from 0.1-0.2.
I can always stay till the close, it's a matter of risk and feel, you just feel the market and do what your gut tells you. sometimes you are right and sometimes you are wrong, but most time you will make money, just how much depends on the day you close the trade.

I can tell you example from yesterday on this one - I wanted to close both $AAPL and $YHOO and yahoo rate was at around 0.05 so I closed it and got around $100 hit from my total of 20 units - so intead of making $1,000 I made $900. if I were to wait another week I would either make another $100 or Yahoo would move 10% for some reason and I would lose $1,000. you never know but good odds I would make the whole $1,000.

Apple on the other hand I wanted to close my 105-100 put spreads and the stock was around $110 but the rates of 105 instead of being around 0.2 it was around 0.3-0.4 so I'll wait another week and let it expire worthless if it will be above 105 or I will close it one or two days before expiry if it is getting close to 105 level.

Hope this helps :)