Index Credit Spread Options Trading Advisory Service

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Profitable Option Trading...

Building Wealth Using the Power of Credit Spread Options

Welcome To My Website - Index Credit Spreads and Iron Condor Trading

My goal is to provide relevant commentary on topics of options investing and risk management in a format that is easy to understand and thought provoking.

I am an active trader of option credit spreads on the SPX, NDX and RUT broad based stock indexes and the SPY, QQQQ, DIA, and IWM ETF indexes. My goal is to complete one very safe Iron Condor trade monthly. I am offering an advisory service to subscribers who want to trade option credit spreads and Iron Condor trades with me. I am very conservative and only enter into trades that have a very high probability of being profitable.

Index Creit Spreads and Iron Condors My purpose is to make it EASY and SAFE for you to build your wealth using the power of credit spread options. I want to help you avoid the painful mistakes most beginning traders (and many experienced traders) make. You just process my trades to earn a very consistent monthly return. I know once you try my service, you’ll find it to be the most easy and profitable way to build wealth you have ever discovered. That’s why I want you to try it ABSOLUTELY FREE for 60 days. Just sign up for my service and you will immediately receive all my active trades. You can start investing right away, or just follow my trades "on paper" for 60 days. If you are not convinced this Trading Strategy is the safest, easiest way to build wealth, simply tell me you want to cancel, and you won't be charged a dime.

While I show you how to make consistent monthly profits with options, I also teach you something more important. And that is how to effectively manage your money, so when a trade is at risk, your losses are kept to an absolute minimum.

Please Contact Me and I will send you examples of recent trades. I reply immediately to all my emails if I am at my office computer or using my laptop. If I am away from Internet access I promise to reply within 12 hours.

My advisory service is unique in 3 ways;

1) You can try my service for 60 days, or 2 full months, before paying any subscription fees. I suggest you paper trade all the trade alerts I email and post to the members page during this trial. If you have any questions about how to process these trades I want you to send me an email. I will do my best to help you including sending you a flash movie with audio instructions illustrating the type of trade or trades being questioned. Click here to play a flash movie.

2) And if you feel you need a little more time to try my service just send me an email and I will extend your trial an additional 60 days, or however long it takes. I want every new subscriber to know exactly what they are doing before they start trading credit spreads and Iron Condors live with their own funds.

3) I reimburse all subscription fees when I have a losing month. This will be a rare occurrence because all my trades are implemented with very strict risk management strategies.

Benefits of My Service, Credit Spread Trading and Iron Condors

My credit trades have a 80% - 90% probability of expiring worthless when filled. Profits are realized in bull, bear and sideways markets.
1 Iron Condor Credit Spread Trade each month. An Iron Condor trade consists of 2 Credit Spread Trades on the same index, a Bull Put Credit Spread and a Bear Call Credit Spread. Sometimes I will execute both spread orders at the same time for an Index. This immediately completes an Iron Condor trade. Other times I will execute either the Bull Put or Bear Call Credit Spread trade first and then follow a few days, or one week later, with the other trade to complete an Iron Condor. Each weekend I will email and post to the Members Page an update discussing all the open trades and comment on my trading plans for the next week.
Click here to see what an actual trade alert and order ticket looks like.
Click here to see a recent Weekly Update that is emailed and posted to the Members Page each weekend.
The majority of time we just make our trade, collect our credit and wait for the next month. This is not a day trading system. There is no need to monitor the market and your active trades all day long in front of the computer screen. In fact it's really a very boring trading system.
Paper trading is the best way to learn this option strategy. It's all free with CBOE's Virtual Trading system and my 60 day trial. In February 2007 I started creating Flash Movie files for new subscribers. These movie files illustrate the steps to select and submit credit spread trades. This is ultimate learning tool that I hope will more than satisfy the needs of new subscribers who have never traded option credit spreads and Iron Condors.
The SPX, NDX and RUT Indexes and SPY, QQQQ and IWM ETF's Indexes are not subject to the same wild swings as individual stocks.
With Iron Condor trades you get double the credit but you only have one side of the trade that requires margin.
Your trading capital is only used to support margin requirements. Most option brokers allow you to invest your trading capital and use it as collateral for spread trading. This way you can earn 2 returns with the same capital.

July 18, 2010

Our new trade that expires in August is a conservative trade with a terrific high return for one half of an Iron Condor trade. Earning 5% over a 30 day period is very exciting. With the big drop last Friday the option bids on the put side sky rocketed. This is why we can get 50 cents using a short option strike that is 90 points away. I believe the markets will recover and rise the remainder of the month as more S&P firms report positive 2nd quarter earrings. For this reason I feel the call side is too risky to trade at this time.

The Goals

Earn consistent cash profits month after month averaging a minimum 3% (2%-5%) net monthly return. This is a 36% annualized return.
Earn these profits in bull and bear markets.
Provide the best customer service possible.
Make each subscriber feel like the only subscriber.
Help subscribers attain the goal of financial freedom.

Option Trading

Trading Options is easy and requires very little effort and follow-up. I will email and post on the Members page updates on each open trade throughout the holding period. Please read the FAQ's carefully and please contact me with any questions you have about trading credit spreads and Iron Condors.

Managing Risk

The secret to this option trading strategy is managing risk. When someone suffers a major loss, then they did not manage risk correctly. If you cannot manage risk effectively, then you cannot trade this or any strategy effectively.

Index Options

Introduced in 1981, index options are options whose underlying is not a single stock but an index comprising many stocks. Index calls and puts allow investors to gain exposure to the entire market or specific segments of the market with a single trading decision and often thru one transaction. Obtaining the same level of diversification using individual stocks or individual stock options require numerous transactions and consequently slower decision making and higher costs.

Website and Advisory Service

I began this website and advisory service after years of trading credit spreads in my own accounts. Since I am now a full-time trader, I would be entering these same trades regardless of this website. But after years of my own success, I decided to try to help others obtain financial freedom on their own while hopefully educating them along the way. There are a number of other sites that kick out tons of recommendations every month but never actually enter the trades themselves. That’s why I offer a FREE 60 day trial and even post my track record for you to see the difference in my site.

ETF Option Trading

My ETF advisory service trades Iron Condors on the Exchange Trades Funds (ETFs) exclusively. I am limiting this service to 100 subscribers. Over the years I have been asked to provide monthly trades earning 8% to 10%. This is possible using ETF's Index funds but the tradeoff is these Iron Condors carry more risk and have to be adjusted more often.