Option Genius Advisory Membership Finally individual investors can receive education in the art of selling options. Selling Options: The New Shortcut To Early Retirement? The purpose of Option Genius is to educate and show the individual investor how to manage their own money and increase their chances at generating market-beating returns. Although profits are not guaranteed, we choose to execute trades that have a higher than average probability of success. This success rate is determined by using statistical models and standard option pricing guidelines. We base our trades more on statistics and less on technical analysis. We use different strategies based on what the market is doing so while we prefer the marker doesn’t move much, we also can make money in bull and bear markets as well. A Bit About Option Selling By selling options, we are in essence selling time. An option is like a coupon that must be redeemed by an expiration date or else it is no longer valid. We sell options that have a high probability of expiring worthless. Everyday that goes by brings us closer to expiration day and with it some theta (time decay). once the options we have sold have lost enough value, we either buy them back and much cheaper prices, or let them expire. The 8 Pillars Here’s a simple description of the trading plan we use: 1. Only place trades that have calculated risks and high probabilities of working out. 2. Never sell naked options. (Naked options have unlimited risk and not suitable to the OptionGenius Portfolio). 3. Use mathematical models and statistics to determine which options to sell and when. By using statistics and probabilities, trading becomes scientific and systematic. There is no guesswork. No need to rely on technical analysis, candlesticks or any such thing. 4. Always know before placing a trade: what is the maximum loss, maximum gain, and where the adjustment points are. 5. Always set up adjustments points so that if a trade goes against us we can still try to salvage the trade and adapt to the new market. 6. No Day Trading 7. No futures – only stock indexes, ETFs and some less volatile stocks. 8. Keep trades and contracts to a minimum to limit commissions while cherry picking the best trades available. Basically our goal is to increase our account balances by selling time premium (theta) and keeping losses to an absolute minimum by doing only high probability trades and adjusting trades before they get into trouble. Your Membership Includes: 3- 5 suggestions a month. We research hundreds of setups a month based on market conditions. We choose only the best ones with the best risk-reward ratio and highest probability of success. Email alerts on adjustments. Everyday at the close, each suggestion is reviewed and if any adjustment needs to be made, emails are sent to all members. If an adjustment is made during the day, members are notified right away and the site is updated as well. Access to our Traders. We love the market and try to keep up to speed on things. So not only do you have someone watching the market for you everyday so you don’t have to, but you can email us and ask whatever you wish. We love talking to other traders and enjoy interacting with members. We spend tens of thousands of dollars each year on our trading education and continue to keep learning. If there is something new you need to know about, we will let you know. Education. In addition to the 3-5 Suggestions, there are also dozens of educational resources in the member’s area: Videos, PDFs, Workbooks, and more. Even if you are new to options trading we can help you get up to speed quickly. You don’t need to buy any expensive software or take any classes. You can if you want, but if you want to keep it simple, just follow our suggestions. Let us worry about the chart, the FED, the delta position, and all the other complications of trading. All you need is a trading account that allows you to implement our strategies. You also get our conservative trading style and risk management measures. We make these same trades with real money. We share with you exactly what we are doing. There will be times you will think our style is too cautious and downright boring. That’s fine. If you want excitement, go sky diving. Our goal is to be consistent in the safest way possible. You get trades based on current market conditions. We have several types of trades in our arsenal: condors, spreads, butterflies, calendars, diagonals, ratios, etc. Each has its strengths and weaknesses. If the market is going up, one type is used, another if it is going down, and another if it is going sideways. You also do not have to worry about a contract. Your credit card will be billed automatically and you can cancel anytime you wish You get several FREE BONUS reports that you get to keep even if you cancel. What Type of Trades?: The main option trading strategies we use are: Iron Condors Credit Spreads Butterfly Spreads Calendar Spreads Covered Calls (occasionally) Diagonal Spreads (occasionally) Ratios (rarely) Why You Need To Get On Board Today There is a limit to the number of members allowed. We cannot have thousands and thousands of people trying to place the same trades. That will ruin it for everyone. Once the target membership is reached, the site will be closed to new members. Try out the newsletter and website for just $79 a month. Once you join, your membership fee cannot be increased. Your cost will stay at this level forever, even when we increase the fees for new members. You might be thinking that all this sounds too good to be true. That’s understandable. But the only way to prove it to you is if you enter the website and look at our trades. If it is not everything we say it is, let us know and you get your money back. Get These FREE Bonuses Just For Giving Us A Try! “8 Trading Rules That Lead To Profits” – This report describes the 8 Rules that you must trade by if you want any chance of success in the markets. These are our personal rules that have been time tested and learned through trial and error. “Option Basics” – A complete manual on options: what they are, how they work, and how to use them. Even if you have never traded an option before, this manual will have you in the game in no time. “How To Trade In Stocks” – this book was written by Jesse Livermore, one of the greatest speculators of all time. In it, he reveals his thoughts and tactics At one time Livermore was worth $100 million in 1929 after the crash. “Reminisces of a Stock Operator” – this book by Edwin Lefevre tells the story of how Livermore built his empire and the rules he used to establish his fortune. “Getting Started Checklist” – this paper will help you get going with our service in the shortest possible time. Just follow it step by step. Satisfaction Guaranteed! 1. If you are unsatisfied during your first month just let us know and your get your first month’s fee back plus you get to keep the bonuses. 2. There is no contract so you can cancel at any time. 3. Your membership fee is guaranteed not to increase as long as you are a member. Sign Up Now For Option Genius Yes, I want to try Option Genius. I’ll get: > Access to all trades > Access to the Option Genius himself for email questions > Email alerts of trades and updates > Access to membership site resources > All the FREE Bonus Reports Standard $79 per month 1 Month Membership Auto Rebilling Cancel Anytime Join Now VIP $67 per month $474 for Six Months 1 Extra Month FREE Auto Rebilling Cancel Anytime Join Now Premium $71 per month $213 for Three Months Auto Rebilling Cancel Anytime Join Now Frequently Asked Questions 1. How much is your service? Collapse The service is just $79 per month. There are also packages for multi-month memberships which can save you money. Keep in mind that as membership grows, the price will go up, but once you sign up, your price will not increase as long as your membership is active. 2. Why is membership limited? Expand Multiple reasons actually. We try to personally help every member that needs it, but our time is limited. We don’t want thousands and thousands of people doing the same trade. It would distort the market. We wouldn’t get the best prices because supply and demand would shift and that particular trade would no longer make sense. We also want to have some exclusivity to the newsletter. 3. This sounds too good to be true. Why isn’t everyone doing this? Expand There are actually a few people doing this. They are called market makers and hedge fund managers. For example, Warren Buffet uses some of these strategies. So does Pete Najarian, a panelist on the CNBC show Fast Money along with thousands of others that trade options. CNBC has a show called Options Action in which they talk primarily about these strategies. Another reason is that options, if used irresponsibly, can be risky. If you don’t know what you are doing, you will lose. In fact, more traders do lose money. Our goal is to show you what we do and the thinking behind it so you can learn from our experience (mistakes). 4. Why haven’t I heard of these strategies before on TV or in the Wall Street Journal? Expand If you listen or read carefully you might hear about some of the strategies. The media is catching up and from time to time you will hear about these strategies. Forbes magazine frequently has articles on them. Truth be told, these strategies only become suitable for investors in the last 4-5 years. Before that option commissions were too high. There weren’t as many instruments to trade options on as there are now, and ETF’s weren’t invented yet. Years ago, you never heard much about short selling either, but now you do. We expect, in the next 5-10 years hearing about option trading will become commonplace. 5. But I’ve lost money in the past with options! Expand We don’t buy options. We sell options. The majority of option traders are option buyers and that is why they lose. Statistically, the odds are stacked against them. We play with the odds in our favor. We want to be the casino, not the gambler. We use spread trades, which are positions that protect you from a large loss. Our conservative style of trading is desgined to try to and keep losses as small as possible. It’s ok if you have lost before. Most individual option traders are negative over their lifetime. By watching us trade and following our suggestions anyone, even if you have lost a lot before or have never traded before, can follow along. We suggest everyone just paper trade the suggestions for a few months. And when you jump in to live trades start small, very small. Start with just one contract if you want. Get a feel for the trade, then increase your size as you gain more confidence in the system. 6. What if I have never traded an option before? Expand We have committed to continue to add several tutorials on the site that can get you up to speed. All you need to learn is how to place orders on your broker’s system. If you call your broker, they will be happy to help you. Our trades are very simple to place with your broker. Until you feel comfortable Wesuggest you paper trade my trades. Most brokers now offer paper trading versions of their software so you can trade with “fake” money and no risk. 7. Can I trade using my retirement accounts? Expand Many option brokers allow you to trade these strategies in your IRA as long as your account is all cash. All our trades can be done in an IRA but your broker has to allow it. If you broker does not, you can looking into moving to a broker that does. Don’t let your broker tell you what you can or cannot do with your capital. 8. What if I can’t trade during the day because of my job? Expand No problem. When you get home, check your email for any about new trades or adjustments. If there is anything to be done, log into your broker’s website and put in your order for the next day. We are not day traders. You can get into our trades up to a few days after we release them. As long as the trade falls within the criteria that we set for that particular trade you can get in. For example: every trade comes with instructions about how much debit or credit you should get. Even if you are placing the trade 3 days after we released it, if you are still getting close to the same credit/debit, you can place the trade. If you are even in doubt, we are only an email away. We also have Autotrade which can help those of you who cannot trade during the day. 9. How do you notify members of trades? Expand Once a trade is made, we email all members. We also update the website right away. You can also sign up to receive a text message when a trade is made so you don’t have to be watching your email box all day. 10. How liquid are the markets you trade? Expand Very liquid. Our bread and butter trades use indexes, which trade hundreds of thousands of option contracts every day. Our supplementary trades are in stocks and ETFs that trade tens of thousands of option contracts a day. You will not have trouble getting into or out of positions unless the market goes completely bonkers. But that is another reason membership is limited. 11. What if the market goes crazy again like in October 2008? Expand In October 2008, we actually did not release any trades. We lost unexpectedly in September 2008 and the market just was not acting right. Volatility was too high, and the point swings were too large for conservative traders like us to risk our necks. So we stayed out and were back in November (which was a profitable month). But the unexpected can occur at anytime, like 9/11. If the market tanks in a day or in a continued move, all our trades have a max loss, which you will know when you place them. And as always we will be watching all our trades like a hawk alerting you when things get hairy. 12. Can I use your trades if I do not live in the USA? Expand If your broker allows it sure. We actually have lots of members who do not live in the USA. It doesn’t matter where you live. You could place these trades from the beach in Australia or Fiji or the mountains of the Andes or Himalayas. 13. Why don’t I buy a course and learn on my own? Expand You could. We did, and continued to lose money. We always say you should continue to educate yourself. Learn as much as you can. With our newsletter you have us right there with you in the same trade. We tell you when to get in, when to adjust, and when to get out. There is no guessing. 14. How much money do I need to have in my account to use your system? Expand We suggest you start with $10,000. But some people start with more and some start with less. You shouldn’t start with less than $5,000. If you do have less than $5,000 you can still join and papertrade the trades until you have enough money. Everyone joining should papertrade for a few months before risking real money, but especially those with little to risk. 15. Do you trade these same trades in your account? Expand Yes. we place every trade that I release to members. 16. How many trades do I have to make every month? Expand We try to release 3 to 5 trades a month depending on market conditions. You are free to choose any of these trades. You can do as many as you want. 17. What broker should I use? Expand There are several good ones. Anyone that allows you to trade option spreads is fine. But make sure they charge you less than $2 commission per option. Once you are a member, you can see whom we recommend in our Resources section. 18. Do you do Autotrading? Expand Yes. We are now autotrading with a couple brokers. More info is available on the member’s homepage. Autotrading is a method to have our trades executed for you by your broker in your account. You have full control at all times. 19. Can you just manage my money for me like in a mutual fund? Expand Sorry, but we don’t manage money. We only trade my own. But we give you our exact trades so it is almost the same thing. This way, you can brag to your friends that you are a successful trader. 20. Do you guarantee I won’t lose money? Expand Of course not. While we do my best to keep from losing money, we do have losses. Losses are unavoidable. 21. What do I need to start? Expand All you need is a membership and a funded account at a broker that allows you to trade option spreads. I personally like to get all the bells and whistles when I open an account even if I am not going to use every bell or whistle. When you go to open an account to trade options, the broker might ask you how much experience you have trading options. If you do not list enough experience, the broker might not let you trade the types of strategies we do. In that case, find another broker that will.