An excellent week for OPNewsletter members. Overall we are up +13.% on a maximum investment of 34.1% of overall 10K portfolio. These results don’t include P&L of speculative trades as those were not part of OPN income portfolios. Since I posted NFLX free trade idea, NLFX has dropped almost $20!! Read the post to know where the next opportunity might be. Since my sharing of Gold on Sept 2, Gold is up over $150/ounce.
As you may know, recently at OP we have been trading cautiously given macro economic environment and the risks in the markets. Though the clear cut mentality of crowd has been “Buy the dip” not matter what, just “buy the dip” but that’s a dangerous game unless you are day trading and can monitor market continuously (for example $0.30 would have converted into $4.00 by the end of the day if you held PCLN 410 weekly call on Friday, but continued to watch like a hawk throughout the day).
As the new year begins, expect some interesting offerings coming your way. Also expect some tools that might help you in taking your trading to the next level. Let Mr Market dance whichever step/style, we’ll continue to play our game. In just a few months, a new and interesting earning season will be kicking-in, ensure you are fully geared-up.
In addition to consistent income, OPNewsletter also helps you in reducing your brokerage commissions via preferential rates for OPNewsletter subscribers at the top US options brokerage houses. If you are not yet a member of OPNewsletter, you may want to join now. If you would like to read customer testimonial before signing-up, you may read customer feedback here.
Profitable Trading, OP