Volatility in the stock market continues…with even more wild swings in the market.
That can be tough on investor’s psyche but it’s good news for option sellers.
In my Options Income Blueprint program we continued to close trades and rack up gains in the month of March even when the S&P was down almost 3%.
We closed 8 trades for $1,206 in cash income including $471 on a Western Digital ( ) trade we opened and closed in just 10 days.
We continued to find rich premiums and good trades in technology…particularly the “chip sector” which is in the middle of I call new “tech super-cycle.”
We traded Micron Technology ( ) twice for cash income during March and continue to play T-Mobile ( ) from the telecom world for consistently weekly and monthly option profits.
Year-to-date we’ve closed 19 trades generating over $4,881 in cash and a 10.6% return.
Next up: April … It’s earnings season and we can expect option premium to be really high in some of my favorite income stocks. Our “Weekly Paycheck Strategy” will allow us to move in and out of several positions before and right after earnings so we can walk away again in April with more cash in our pockets.
I hope you can join us. The easiest way to get started is to learn my “Weekly Paycheck Strategy”. Get the details here.
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.