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I bought 3 call options (equivalent to 300 shares) in Starbucks with a Jan 2010 strike price of $15 for $4 a share in Apr 2008. The stock was trading at around $14.50 when I bought the call options. I just sold the call options (yesterday) at $4.85 a share for a 21.25% gain.
You can make or lose money quickly in options. I remember that within the first 30 days I was up over 20%. Unfortunately, I never cashed out early and held the options for a lot of ups and downs.
Had I bought the call options in March of this year I would be up far more. That's ok. At least now I'm developing some initial confidence in options trading.
Tuesday, August 11, 2009
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I am a retired professor who has been using options successfully for 35 years, putting small amounts of money at risk and reaping large profits. I have taught numerous family members to do the same, and I give seminars to investment clubs and tutorials to individual investors. I cover such topics as (1) insuring your investments against large losses in turbulent markets, (2) making steady income on your stocks, (3) making large gains on small investments, (4) the use of spreads, synthetics, etc. All of my strategies have been tested against a vast database that I have built up over many years. In my seminars I give examples of actual trades we have made and I show the brokerage confirmation slips for each trade. Some of the gains we made on recent trades are as follows:
AAPL entry date 1/14/09 gain 1,115%
IBM entry date 4/20/09 gain 24.7%
JNJ entry date 4/16/09 gain 2,524%
SPY entry date 11/3/08 gain 4,341%
V entry date 3/11/09 gain 60.7%
If you are interested in a seminar or tutorial please email me at optionsexpert@gmail.com
Richard Pfeffer, Ph.D.
The Options Doctor
I am a retired professor who has been using options successfully for 35 years, putting small amounts of money at risk and reaping large profits. I have taught numerous family members to do the same, and I give seminars to investment clubs and tutorials to individual investors in person and by email. I cover such topics as (1) insuring your investments against large losses in turbulent markets, (2) making steady income on your stocks, (3) making large gains on small investments, (4) the use of spreads, synthetics, etc. All of my strategies have been tested against a vast database that I have built up over many years. In my seminars I give examples of actual trades we have made and I show the brokerage confirmation slips for each trade. Some of the gains we made on recent trades are as follows:
Apple Computer gain 3,417.4%
1/14/09 Invested $710.47
1/21/11 sold for $24,989.82
Johnson and Johnson gain 4,134.6%
4/16/09 invested $30.47
1/21/11 sold for $1,290.28
S&P Index gain 2,803.0%
9/15/08 invested $40.46
4/1/11 value $1,174.55
If you are interested in a seminar or tutorial please email me at optionsexpert@gmail.com
Richard Pfeffer, Ph.D.
The Options Doctor
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