FAP Turbo

Make Over 90% Winning Trades Now!

Tuesday, October 20, 2009

Earnings Season Is Gold to Some Option Traders

By Morris Puma

Guess what option traders? There's a new options back-tester on the market that you need to know about. San Jose Options has just released the Options Toolkit which can back-test option strategies instantly and gather you organized data, helping you construct new trades with further confidence.

I am very excited about the new software, and to give you an idea of the power of this monster, listen to this. What used to take weeks of research using other options back-trading software, now can be done in the Options Toolkit in just 1.2 seconds!

Just think of the value this software brings to the table. How many hours have you lost in your life by manually back-testing your option strategies? Now you can spend less time doing the research and more time trading. This is a product that will really change the way option traders invest.

My Personal Trading Results for Week 1

The Options Toolkit has just released its earnings tester, and after using it just one week, I have had great results. I made 4 different trades and yielded about 30% net. That is after paying commissions. The software quickly back-tested these stocks for me and gave me the data and confidence I need to make the trades.

I think the options market has really needed a tool like this for quite some time now. The Options Toolkit is what every options trader needs to refine his strategies to perfection. It's definitely the best thing on the market to gather data on trades and to find upcoming trades with higher probability.

Let me give you a quick example of what the Options Toolkit does for me. I type in the symbol AAPL, set my parameters, click GO and wallah! I quickly see that AAPL has averaged over 20% during earnings over the last few years. Hmm, this looks like an interesting trade. I think I'll bookmark it. Now, let's see what would happen if I did the same strategy on PCLN...well, just the opposite. PCLN averaged a loss of 25% on this same strategy over the last few years during earnings announcements. However, this is great news. This means that PCLN can average 25% over earnings if I just reverse this strategy...not a bad idea.

Well, that's about all I have time for at the moment. I just wanted to get the word out about this new tool by San Jose Options. It's been a big project, and but it's worth the wait. I'm loving the new Options Toolkit, and I'll be using it in my studies and trading from now on. It will be developing as time goes by, but in this first release, the earnings tester is awesome and it's helping me make some money which is the bottom line. - 23208

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home