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I looked at their posted track record ... their open portfolio of excercised put options... owned stock against which they sell covered calls ... stands at over 182,000 at cost. As of July 27/16 the value of this account stands at 121,000. This 60 K loss is partially...
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2 comments
Anonymous
#1233352

I certainly wondered about this. There is nothing very secret or mysterious about selling puts.

The "secret sauce" is which underlying, at what strike, and what expiration. I'm guessing the Tuesday recommendation is for that week's expiration, taking advantage of Monday's time decay.

Tough way to make $1500/month. You would have to sell multiple contracts, opening yourself to the downside of having x contracts times 100 times strike price put to you--could be 10s of thousands of dollars--not to mention the risk the price blows through the strike to the downside.

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#891432 Review #891432 is a subjective opinion of poster.
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Bad quality
Got an email saying that Americans can piggy bank "Canadian social security" on top of American social security. Bit of a lie! They named a sum of $4,700 per month. The maximum Canada pension payment is under $600.00 Cad per month. When one gets 65 or over they qualify...
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9 comments
Anonymous
#1569823

Can I have the bank chargeback what I paid to subscribe

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#644291 Review #644291 is a subjective opinion of poster.

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