ETF SWING & DAY TRADING

[SyndicateTwo]

No, I'm sorry. The AAPL example has been what I've been doing lately because of the crazy market. I've had to settle for whatever I can get that I think is safe enough without hardly any risk.

When you get back to a normal trading environment, you'll be able to not have to buy in the money calls. You can push it to ATM calls. If you margin your trade, you'll amplify that return. When you average it over a year, you'll see that 4% is very easy to do per month. When you get into strong momentum times of the year, you'll then be able to push it to slightly out of the money calls with the hope, but not need to get called out. You take a high beta stock like AAPL and you can short 1 strike out of the money calls in late Nov for the Dec strike and you'll make at least $3 per share. If you only have enough money for say 1000 shares in cash, then you can margin it to 1.5 to 1 to buy 1500 shares (eventhough you can buy 2000 on margin, you don't want to do that) and short 15 calls if the stock is in a strong momentum period like around Christmas.

Then you get some real bang for your buck.

But my example wasn't assuming that kind of return for this period.