OPNewsletter Sept +13.57%, Oct +3.28% (Open)
Published on September 22, 2012
Published on September 22, 2012
After Uncle Ben’s QEternity blitz announcement last week, markets paused this week. In spite of all the negativity in the broader market, macro and micro economic concerns, Fed cleared way for markets in Sept. Now October, traditionally considered a bad month for markets, needs to show good performance and all shall be fine (until the music stops). As OptionPundit blog readers know, I have stopped using fundamental/value analysis of the market as it doesn’t matter these days (sometime in future it will matter again, guaranteed). As of now valuations are overstretched and markets are overbought and It doesn’t matter what you and I think, what matters is Uncle Ben and how long he can keep the markets buoyed (with or without real action). So, I will dance to the music he is playing, but I will be dancing closer to the door. Bottomline – I am not long equities, I am mainly trading volatility in various forms. We are trading NON-DIRECTIONAL income trading strategies.
It was another double digit gains’ month for OP Income Newsletter. OPN Sept 2012 portfolios delivered +13.57% gains and for October 2012 we are up +3.28% (portfolios are still open). Next earning season will be gearing-up in 2-3wks times and we can expect to have lots of opportunities to play in spite of market direction. These results exclude P&L on OPNExtra! trades (which is offered as FREE to OPN Members).
Subscription are open and there is no wait listing fee. The objective is still the same as it was 60 months ago i.e. 5-7% monthly gains. OP Income Newsletter is NOT a GET-RICH-QUICK-NEWSLETTER. The market neutral and volatility strategies that we trade are scalable and diversified. Try it completely RISK FREE i.e. there is no subscription fee for your first month if OPN doesn’t make money.
A few thoughts about OP Income Newsletter-
I would be more than happy to share my thoughts with you about the newsletter service you provide to members. First off, let me begin by saying that your level of commitment to your subscribers is top shelf quality, and greatly appreciated. I have enrolled in a couple of other “advisory-type” services in the past, and could never duplicate the promised results that were advertised. Not so is the case with your service. Once a recommendation is posted, your timely adjustments certainly reflect what is going on in the market real time, and the attention you pay to detailed risk management is HUGE. It is very apparent you are trading what you are recommending, and the focus is living to trade another day. I can honestly say I did not expect this type of performance when I initially enrolled, but am quite elated and content with the service thus far. I would highly recommend your service to any option trader at any skill level. The answers you provide to your members are great in that you seem to realize a newbie does not need complex discussions, and the very advanced trader does expect more elaboration than “do this, or do that”. I also believe that your advertised results are accurate and repeatable by any member willing to spend the time required to learn this craft. I could highly recommend this service and would be more than willing to elaborate further if requested.
Thank you for this opportunity to share my experiences, and keep up the great work”
Kevin Sass, Gilbert, AZ, USA
You may kindly read more on what do other members think about OPNewsletter.
Just to restate, subscription are currently open and there is no wait listing fee. The objective is still the same as it was 60 months ago i.e. 5-7% monthly gains. OP Income Newsletter is NOT a GET-RICH-QUICK-NEWSLETTER. The market neutral and volatility strategies that we trade are scalable and diversified. Try it completely RISK FREE i.e. there is no subscription fee for your first month if OPN doesn’t make money.
Profitable trading, OP