If you are familiar with Options on Stocks, you'll know the extreme leverage you can have using stock options. You can control $100,000 worth of stock for as little as or even less than $1,000, for one example. Also understand that when you buy options your risk is limited to the amount you invest in an option. You just need to know the secrets of Options money management and then trade options with a good, solid stock trading system just like... SlingShot Options !
Did you know that SlingShot Options Allows access to members Only SlingShot System Trades that have netted out 1,671 points in options profits in 14 months?
Today Could be the day you are allowed access into this secret society of members who are "striping the stock and options markets bare" from week to week!
In a 14 month sampling (the start of service to date of this typing) of the SlingShot Options system produced 639.40 options profit points at the silver level membership and 1,671 options profit points were produced on the GOLD level membership.
What's an option profit point?
it's one point of profit in an option which equals $100 profit on 1 contract or $1,000 profit on 10 contracts... So 639.40 profit points on 10 contracts per trade = $639,400 profit.
From: The Trading Desk of Chris Kunnundro with Tony Vachelli
Dear Options trading Friend,
We are proud to introduce to you today SlingShot Options, an options trading signal service that sends you option trading ideas with entries, stop losses, profit exits and trailing stops - the whole shebang.
We feel that we've created an options trading service that's actually practical, doable.
Look, we hate losing. But our fervent desire for accumulating profits is even greater than our hatred of losing. Sometimes it's hard to understand on an emotional level how to make profits in trading, large profits. We can all tend to get caught up in the minutia and miss the BASIC trading signals that will bring us big profits. And if you have any options trading experience you KNOW that the obvious signals are the ones that make the big money. Its just that we tend to get scared emotionally and confused at those times and do not pull the trigger. Funny how it always wants to work that way.
So we've devised a 'little' system for making money in options that sends you option picks to your email:
You get the signal at night and place your order before the market opens! You don't have to watch the market all day. Yes you can do this now with advanced options ordering available at many options brokers.
Here is how it works:
First we send out an update when a signal triggers. The entire process of entry is done before the market opens. If the stock moves above our entry price for an up side trade, or moves below our entry price for a downside target.
You set a 'contingent order' to enter and and another contingent order for a stop loss order on options from the entry and stop price we give you. Almost no thinking involved! :-)
Once your order is filled you can place a contingent order at the stock stop loss price for a more accurate stop loss.
From there we will send out the trailing stops - and you just move up your contingent order stop loss price to match. Some times if we get strong gains, or extreme gains we'll send out profit maximization exits to take in maximum profits
We'll use short term options for the best bang for our buck. We can use the near term, short term options because our trades rarely last more than 2 weeks, usually exiting after 3 to 5 days. So we'll use options upto 2 weeks until expiration. It's pretty wild!
Yes. With near term options we can squeeze 3 Fold gains or 200% profit gains out of a 10 point move (i.e. options going from 3.00 to 9.00). There is no sense or logic playing any options out in time because of our SlingShot System - which is based on 'Momentum Now'. (SlingShot Options is the ideal membership for us 'Microwave Generation folks'!
So don't be too surprised if you see these types of options explosions in your account. We don't want you to get overwhelmed or too excited. Why? We want to make sure that if you do trade options that you use good money management position sizing. What's that? Simply put: Your options position size should be a small percentage, and the same percentage of your portfolio size, every trade, every time. NEVER go bigger. Maybe smaller. This is the FASTEST way to get huge while keeping your money in options trading (with a good options trading system of course).
Ok ok. What about losses? "Costs"? How much loss is there?
Your best bet to answer that question is to look at our performance page. With winning percentages in the 70 to 80% range plus recent accuracy enhancements your probability of winning on a net basis is pretty darn good.
But costs or losses mean nothing, NOTHING if you can net out profit.
Just because you make a sweet gain (i.e. turn 3.00 options into 36.00 !) one trade does not mean you'll make that the next. The markets cycle big, small, medium small, big, big, small small small etc... That's just the way it goes and that's just fine with me! It's still more than incredible you have to admit.
We use momentum pivot indicators that have stood the test of time, good markets or bad, up, down, or sideways markets... So you can be assured we are pumping out solid signals.
We make no promises on future performance because we can't and are not allowed to in the world of price markets. But we can say that the SlingShot Options trading system puts us in a very good probability to win most of the time. And that is what counts if you want to make a good living from options trading.
More importantly the SlingShot System is designed to take out maximum profit points. We look to play stocks that MOVE since those stocks produce the best results in options