Closing Trade : BOIL

Jan 14, 2013 | By Positive Theta

Stock / Symbol: Proshares Ultra Natural Gas / BOIL; Option Strategy: put ratio spread; Trade entry date: Jan 9; Price at trade entry: $33.30; Price at this post: $39.60; Reasoning: BOIL has had a nice bounce, giving us the opportunity to close this trade early for a quick win. The current greeks are: delta of […]

ratio put spread

New Trade : BOIL

Jan 09, 2013 | By Positive Theta

Stock / Symbol: Proshares Ultra Natural Gas / BOIL Option Strategy: put ratio spread Price at trade post: $33.30 Reasoning: Looking to take advantage of today’s big drop in BOIL, a play on natural gas. Because BOIL is extremely volatile, the options premiums are huge with this ETF. IMPORTANT: if you participate in this trade, […]

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.