New Trade : BAC

Dec 13, 2012 | By Positive Theta

Stock / Symbol: Bank of America / BAC Option Strategy: [private_monthly] diagonal call spread[/private_monthly] Price at trade post: $10.55 Reasoning: BAC has had a real nice run and it’s up nearly 50% since it’s summer lows. However, it’s looking a bit[private_monthly] over extended to me so I’m going to use a short diagonal[/private_monthly] to play […]

The goal is to generate monthly returns of at least 5 to 10% per trade by selling option spreads and keeping losses to an absolute minimum by focusing on high probability trades and utilizing powerful adjustment techniques when necessary. Your account will receive monthly income, which you can either pull out to spend or re-invest to compound your earnings. Only the best trades for the strategy are selected, resulting in 4 to 6 high-probability trades per month. We do not go for home-runs, just consistent singles. If you’re looking to make 100+% on every trade, this site is not for you. Per the strategy, the most commonly used options strategies are: iron condors, condors, butterflies, calendars, double calendars, and double diagonals. The current market conditions dictate which strategy will be used, allowing you to profit whether the market is going up, down, or sideways.