
May 23rd, 2011

Genius
Another day another dollar.
Well this month’s results were a little better than just a dollar.
For the trades put on in April, the results were +5.62%. So for YTD 2011 the OptionGenius Portfolio is +24.82%
Not getting rich overnight, but better than index and mutual funds for sure. I have read the when some hedge funds are up well above the average, like around 30% for the year, they basically take the rest of the year off. Hmm, maybe i should do that. Nah – it’s too much fun.
Could have had 11%, but one of the four trades went against us. We adjusted and cut the loss down but it still brought the overall average down.
Including April, we have been positive for 7 months in a row.
If you are not onboard, maybe it’s time to join.
Tags: April 2011
Posted in Monthly Results | 2 Comments »

April 21st, 2011

Genius
First Quarter 2011 Results: OptionGenius.com: +19.2%, S&P 500: only +5.9%
Calm markets are always nice to option sellers. And so far this year, the markets have been very nice.
These results are from all the trades entered into in January, February and March of 2011. The March trades were not exited until expiration in April. The results are before commissions.
As I have said before, I think that 2011 will be a calmer year than the past three and that it will be a great time for option sellers. So far, my prediction is coming true.
Some people think they need a lot of volatility to make money in the market as an option seller. I prefer the markets to be quiet and calm. Put on a trade, watch it, and exit at a profit or let it expire. Sounds too simplistic, but that is how it can be.
Tags: Results
Posted in Monthly Results | 1 Comment »

June 21st, 2010

Genius
Why can’t every month be like May (June expiration cycle)?
We had 3 trades. No adjustments needed. Overall a very slow, boring month. Just like I like ‘em.
Overall result: I went 3-0 for the trades with a gain of 8.6%.
The trades were in SPX, IBM, and GLD
Tags: May 2010
Posted in Monthly Results | No Comments »

January 20th, 2010

Genius
OptionGenius.com reports a positive return on investment of 47.18% for 2009 and a 5.73% ROI for December.
Houston, Texas, January 20, 2009 – OptionGenius.com, a stock option selling advisory service for individual investors, reported monthly gains for December 2009 of 5.73% and a gain of 47.18% for the year of 2009.
Founded by Allan Sama, OptionGenius.com lets anyone see Sama’s actual option trades and adjustments through real-time updates; by making the same trades themselves, OptionGenius.com members can enjoy the average 8% to 10% monthly returns Sama consistently achieves. Even with the Dow down 34% in 2008, Sama and his members made 102.14% for the year.
By limiting the number of trades to only those with a 75% or higher probability of success, OptionGenius.com (http://www.optiongenius.com) has far outpaced the stock market the past few years.
The trades for December were in
SPX – the S&P 500 Index
RUT – the Russell 2000 Index
MNX – the Mini NASDAQ 100 [...]
Tags: 2009 ROI, December 2009 ROI
Posted in Monthly Results | 2 Comments »

December 22nd, 2009

Genius
Another positive month.
November gave us returns of +5.34%.
To me anything above 5% is a great month. Of course any month with a positive return is good, but 5% or above is better.
November is usually a good month for option sellers because of all the extra holiday time. It is also close to the end of the year whan many traders and fund managers take extra time off, especially if they have had a good year. With the S&P being up over 20% so far this year, many managers are feeling pretty good about themselves. It doesn’t come close my yearly results of over 40% so far this year with one month left to go but, hey, let them be happy – it’s the holidays.
Tags: November
Posted in Monthly Results | 1 Comment »

November 20th, 2009

Genius
The results are in.
For October 2009, OptionGenius.com was + 2.72%.
Not very impressive is it. But the S&P was down -1.98%.
Trade #4 for the month was rolled forward to November. If I had not rolled it, it would have expired worthless and with a profit. Instead it is now November Trade #3.
Both iron condors did great in October. I took a more conservative stance this month because of October usually being a very bad month for the markets. And this one did not disappoint.
It started out smooth, then dropped towrdas the end of the month, then reversed and rallied up just as fast as it had dropped.
Can you saw “whipsaw?”
But both condors did great with no adjustments required. What really hurt was an IWM butterfly that busted my chops. If I had just put that trade on and forgot about it, it would have been profitable, but alas, that’s not [...]
Tags: IWM, MNX, October 2009, RUT, SPX
Posted in Monthly Results | No Comments »

October 15th, 2009

Genius
Another great month for OptionGenius.com members.
Even with the markets continuing their climb higher, we still
are turning in a better than market performance. Not to mention
that OptionGenius.com is beating the pants of just about every
mutual fund out there!
September gains: 8.78%
That makes the S&P 500′s 3.57% gain in September gain look puny.
It’s not too late to get in on October trades.
There is no way to tell when the market will slow down or
reverse and drop again. Wouldn’t it make sense to diversify
your portfolio with some trades that are actively managed by a
professional trader with his own money on the line?
That’s right. I trade my own real money at OptionGenius.com and
I hate to lose.
I expect to end the year with a gain of over 50%. That’s alot
less than the 102% I made lat year, but I challenge you to find
any investment that will make over 50% for the entire year of
2009, not just [...]
Tags: September 2009
Posted in Monthly Results | No Comments »

September 24th, 2009

Genius
Monthly summary: Beautiful month! The markets acted wonderfully. Even though they advanced they did so in a slow boring manner. And that resulted in 100% profitable trades that needed no adjustments. It can’t get any better than this.
Monthly result: Gain of 16.3%
Anytime you can make 16% without doing any work – it’s a good thing. This month the markets behaved so nicely that all I had to do was put the trades on. That’s it. They were never in trouble, I never had to worry about adjustments, and I made a very nice, market beating return.
Option Selling at it’s finest. Too bad every month is not like this. But then it would be too boring and everyone would want to be an option seller.
Tags: August, Option Selling
Posted in Monthly Results | No Comments »

June 3rd, 2009

Genius
For the month of May, my results were a nice gain of 11.71%!
This is following a nice double digit gain last month.
We had four trades this month:
SPX, the S&P 500 index
RUT, the Russell 200 Index
AAPL, Apple Computer
WMT, Wal-Mart.
I recorded double digit gains on three of these and a 9.5% gain on the SPX position.
Just another day at the office.
OptionGenius.com members can see each trade and any adjustments on the Past Trades page in the membership section of the site. If you are looking for double digit monthly returns, what are you waiting for? Sign up today. I already have one trade for June underway and I am looking for more.
One of my favorite habits is to reward myself after a positive month. To treat myself, my wife and I go out to lunch at one of our favorite restaurants. Normally it is my favorite, On The Border. But this [...]
Tags: AAPL, may trade results, Monthly Income, RUT, SPX, WMT
Posted in Monthly Results | 1 Comment »

May 15th, 2009

Genius
Had a good month in April.
Total return was a gain of 11.87%. I put on four trades and all four were winners. We had an Iron Condor on the RUT, a Credit Spread on POT, a not so naked Put on C, and a butterfly on USO.
I expect May will also be a good month. I’ve got three trades on already for May and two are already near the point where I am going to take them off for double digit returns.
My goal is to have a 10% return every month. So far I have come very close. But in the stock market things don’t always go your way. We cannot control the market, we can only adjust to what it does. This month I was fortunate that the market calmed down a bit. The last few months have been insane. As things settle and the VIX (Volatility) continues to [...]
Tags: C, Monthly Income, POT, RUT, USO
Posted in Monthly Results | 4 Comments »