I signed up with Adam as I said and it was all a joke. I was very careful to save the link from the presentation that I watched Sat. It was not on his web site anywhere and there was no additional information. He wants $3000 a yr to join for his services but is willing to reduce to half that. I was a bit put off, but if this pans out it is well worth the $30. If it doesn't, I will just call it an educational cost.
His idea of having both options in the money is unique. I haven't seen it anywhere else.
The link is below, so watch it and see what you get out of it.
Here is what I opened up today. IWM 222.63 bought Nov05 219c 8.35 delta 60% TV 4.72 Theta -.100 sold Oct15 220c 5.10 delta 60% TV 2.47 Theta -.172 net cost 3.25
My plan is to roll over the Oct 15 call next week and sell an Oct 22. After that I may roll one more week or I may to completely close out the trade and start a new one. I want to exit the trade before the Nov TV starts to really decay.