First of all, I’d just like to say hi to all the option traders out there, and then I would like to tell you about some of the exciting things that are going on with the San Jose Options Mentoring Program. Where do I start? Well, let’s begin with this week. This has been a very exciting week for me. San Jose Options just launched the Options Toolkit which can back-test over 4,000 optionable stocks with just a single click of the mouse.
Personally, I’m extremely excited about the Options Toolkit because I have been into back-testing for many years now, so I understand the value here. What used to take me weeks to do, will now take me a matter of minutes with this new options software.
Imagine the power this brings to you, the investor. By gathering this data so fast, option traders can confidently put on trades that they would never be able to do without the software. Spend less time researching trades and more time forward trading. This is truly a product that I believe will revolutionize the way each option trader invests.
Earnings Plays Week 1
I just started using the Options Toolkit, and I made over 30% the first week. I traded 4 different stocks. On 2 of them I made 16% and 17% and the other two trades canceled each other out. I used the software to find the trades, back-test them and give me the data I needed to make these trades with confidence.
I think the options market has really needed a tool like this for quite some time now. The Options Toolkit is what every options trader needs to refine his strategies to perfection. It’s definitely the best thing on the market to gather data on trades and to find upcoming trades with higher probability.
Here’s an example of what I can do with the Options Toolkit. I simply type in AAPL, fill in some parameters, and then I click my mouse. In just a second I can see that AAPL is an excellent candidate for an overnight earnings play. It has averaged over 20% on this strategy for quite a while now. Without this software, it would take me hours to make these calculations. I can now enter another stock and get its data. After using this tool, I’ll never go back to manually back-testing my ideas.
Anyway, you get the idea. I used to use very expensive options software to find these same types of trades, and it took me so many hours to find them. I can’t tell you how many days and nights I’ve spent at my pc back-testing my ideas. It’s been worth the effort, but it’s time to move on to a superior piece of options software, the new Options Toolkit by San Jose Options Mentoring.
Learn more about the Options Toolkit and the San Jose Options Mentoring Program, please visit www.SJOptions.com and receive your Free 45 Minute Video on Option Trading Greeks. Learn what Low-Stress Option Trading is all about.. Unique version for reprint here: Earnings Season Is Gold to Some Option Traders.
Author: Johnny M JuniorThis author has published 1 articles so far.