We closed out December and the year with 85 winning trades out of 89 closed trades with only two losing trades and two more trades we closed for break-even.
Selling 3 contracts per trade (Options Income Blueprint member average) with an average portfolio size of $52,500, we generated $18,018 in premium for a 34.3% return on the year.
Watch this 7-minute training video now to discover the income strategy turning beaten down broken portfolios into cash generating machines.
And we came close to hitting our December “Holiday Cash Rush” goal of generating $1,000 of extra cash selling weekly options…we rolled a few trades into 2018 to build up our cash position and buy time on expiration. We still generated $891 from our “Holiday Cash Rush” trades by December 22nd lining our members with extra cash to spend on holiday gift shopping.
I’m looking ahead to 2018 and it could be another wild ride trying to generate meaningful income in a low interest rate environment.
Don’t worry. You won’t have to settle for low yields 2018 and by low I mean anything below 4% or less. You are just leaving money on the table.
Instead, you should be looking for income stocks that have great fundamentals based on growth that will come regardless of the economy.
Look for stocks with great fundamentals that can be used to sell call or put options against to generate income
Secondarily look for names that have weekly options, this increases your flexibility and your yield. The yields are great – be a bit nimble and you can generate between 18%-25% per year selling weekly call and put options.
The perfect way to get started in 2018 is with Weekly Paycheck Training Program where I teach you how to sell weekly options for an extra cash pay day every Friday.
For past months of my Selling Weekly Options strategy results follow this link.
About The Author
Michael Shulman is a 30 Year Veteran of the financial markets – as a trader, a financial analyst, a financial writer and most recently as an educator.
Mr. Shulman made his first option trade in 1985 – COMPAQ Computer calls – a position that expired worthless. His second trade broke even; the third brought him a year’s salary, a near twenty to one return on his investment. He has never looked back. He entered the financial publishing business formally in 2001 as director of research for ChangeWave Research’s institutional research business and as the writer and editor of Hedge Fund Investing.
He has published two books – Sell Short and Made in America – both of which can be found on Amazon.com, and he is a frequent contributor to reputable financial sites like Seeking Alpha, MSN, MainStreetInvestor, and Traders Reserve.
Most importantly, since 2010, he has dedicated himself to teaching income investors how to get more income from their portfolios using simple yet safe options selling strategies which produce income every week. This approach was developed from the ground up in Mr. Shulman’s own accounts, his goal to develop a strategy that cannot be replicated by institutional investors of any size and therefore independent of fads and trends that change too often to provide a consistent approach for individual traders.
His trade recommendations in his Options Income Blueprint, Perpetual Income Portfolio Club and Income Masters services maintain a 98% success ratio, meaning his trades produce the expected income 98% of the time. No one’s perfect.