Ebook92 pages1 hour
Options Trading: Generating Real Income in a Zero Interest World: A Guide to Generating Reliable Income by Trading Options on Blue Chip Stocks
By Joel Pope and Michael Merrill
Rating: 0 out of 5 stars
()
About this ebook
How We Started
Joel retired in 2008 and while enjoying retirement by pursuing various hobbies, came to the realization that the changes in the financial world following the 2009 recession made "absentee ownership" of retirement funds impractical. Joel made the decision to become more involved in his retirement investing. After numerous discussions with his older brother, an option trader with decades of experience, Joel opened an account to experiment with options trading. Over the next few years, as his experience and confidence grew in a well-defined, conservative investing approach, Joel moved more and more funds under his management and currently manages 100% of his investments.
Mike had already enjoyed following the market and was invested in biotech due to his involvement in the industry. Even though he had numerous successes, he soon learned one loss could wipe out all the previous gains and realized he needed to change his approach. Mike was introduced to Joel at a dinner party and was intrigued by Joel's approach. Within months, Mike was following Joel's strategy and, on a path, to generating consistent income well above market yields.
Over the past few years Joel and Mike have enjoyed sharing their experience with various friends and acquaintances and would now like to share their strategy with you.
In chess, the perfect move is aggressive, defensive and leaves flexibility. We want the same approach in our investment strategy. In addition to being a method to generate income during a rising market, we believe our strategy to be equally effective during flat or moderately declining markets. Let us assume there is a significant recession and stock prices crater far below our original basis. Our strategy is to collect a 3-4% dividend (or higher) from a blue-chip stock augmented by additional yields via selling covered calls while the economy stabilizes, and the stock market subsequently recovers. By utilizing our strategy, you are aggressively earning good returns regardless of the stock's short-term performance. You take advantage of a market that is relatively flat, or slowly grinding up, and are positioned well for a downturn with the reliability of blue-chip stock dividends. Equally, if not more important, since options are so liquid and there are so many defensive strategies, we believe options are far more flexible than stock ownership in any market.
We hope you find our strategy and technique useful in allowing you to become a more informed investor and take control of your financial destiny. It has helped to change our lives for the better.
Joel retired in 2008 and while enjoying retirement by pursuing various hobbies, came to the realization that the changes in the financial world following the 2009 recession made "absentee ownership" of retirement funds impractical. Joel made the decision to become more involved in his retirement investing. After numerous discussions with his older brother, an option trader with decades of experience, Joel opened an account to experiment with options trading. Over the next few years, as his experience and confidence grew in a well-defined, conservative investing approach, Joel moved more and more funds under his management and currently manages 100% of his investments.
Mike had already enjoyed following the market and was invested in biotech due to his involvement in the industry. Even though he had numerous successes, he soon learned one loss could wipe out all the previous gains and realized he needed to change his approach. Mike was introduced to Joel at a dinner party and was intrigued by Joel's approach. Within months, Mike was following Joel's strategy and, on a path, to generating consistent income well above market yields.
Over the past few years Joel and Mike have enjoyed sharing their experience with various friends and acquaintances and would now like to share their strategy with you.
In chess, the perfect move is aggressive, defensive and leaves flexibility. We want the same approach in our investment strategy. In addition to being a method to generate income during a rising market, we believe our strategy to be equally effective during flat or moderately declining markets. Let us assume there is a significant recession and stock prices crater far below our original basis. Our strategy is to collect a 3-4% dividend (or higher) from a blue-chip stock augmented by additional yields via selling covered calls while the economy stabilizes, and the stock market subsequently recovers. By utilizing our strategy, you are aggressively earning good returns regardless of the stock's short-term performance. You take advantage of a market that is relatively flat, or slowly grinding up, and are positioned well for a downturn with the reliability of blue-chip stock dividends. Equally, if not more important, since options are so liquid and there are so many defensive strategies, we believe options are far more flexible than stock ownership in any market.
We hope you find our strategy and technique useful in allowing you to become a more informed investor and take control of your financial destiny. It has helped to change our lives for the better.
Related to Options Trading
Related ebooks
Options Wheel Strategy: How to Generate an Income Stream Using Cash Secured Puts and Covered Calls Rating: 0 out of 5 stars0 ratingsOption Trading Demystified: Six Simple Trading Strategies That Will Give You An Edge Rating: 4 out of 5 stars4/5Options Trading: Strategies to Make Money with Options Trading Rating: 3 out of 5 stars3/5Options Trading: Strategies to Make Money with Options Trading: Options Trading Series, #2 Rating: 0 out of 5 stars0 ratingsOptions Trading For Beginners: Discover & Learn The Secrets & Strategies to Making a Living Trading Options Rating: 0 out of 5 stars0 ratingsLEAPS Trading Strategies: Powerful Techniques for Options Trading Success Rating: 0 out of 5 stars0 ratingsThe Practical Guide to Intermediate Investment Techniques Rating: 0 out of 5 stars0 ratingsOptions Trading for Beginners: Learn Strategies from the Experts on how to Day Trade Options for a Living! Rating: 0 out of 5 stars0 ratingsSwing Trading Strategies For Beginners: Learn Stocks and Options to Build Passive Income From Home: 3 Hour Crash Course Rating: 0 out of 5 stars0 ratingsWriting Naked Puts Rating: 4 out of 5 stars4/5Power: Passive Option Writing Exceptional Return Strategy Rating: 0 out of 5 stars0 ratingsMaking Money with Option Strategies: Powerful Hedging Ideas for the Serious Investor to Reduce Portfolio Risks Rating: 0 out of 5 stars0 ratingsThe Four Biggest Mistakes in Option Trading Rating: 4 out of 5 stars4/5Options Trading: How to Make Money in Less Than 7 Days Rating: 3 out of 5 stars3/5Make Money Trading Options: Short-Term Strategies for Beginners Rating: 5 out of 5 stars5/5Options Trading: How To Excel At Options Trading: Strategies On How To Excel At Trading Rating: 0 out of 5 stars0 ratingsUncle Bobs Money: Generating Income with Conservative Options Trades Rating: 4 out of 5 stars4/5The Short Book on Options Rating: 2 out of 5 stars2/5How to Trade Iron Condors for Income Rating: 0 out of 5 stars0 ratingsStock Options: The Greatest Wealth Building Tool Ever Invented Rating: 3 out of 5 stars3/5Advanced Options Trading: Master the Advanced Trading Strategy and Boost Your Income From Home: 3 Hour Crash Course Rating: 0 out of 5 stars0 ratingsLearning to Earn Extra Income By Trading Options Rating: 2 out of 5 stars2/5Advanced Options Trading: Approaches, Tools, and Techniques for Professionals Traders Rating: 4 out of 5 stars4/5
Teaching Methods & Materials For You
LSAT For Dummies (with Free Online Practice Tests) Rating: 4 out of 5 stars4/5Speed Reading: How to Read a Book a Day - Simple Tricks to Explode Your Reading Speed and Comprehension Rating: 4 out of 5 stars4/5Better Grammar in 30 Minutes a Day Rating: 3 out of 5 stars3/5Speed Reading: Learn to Read a 200+ Page Book in 1 Hour: Mind Hack, #1 Rating: 5 out of 5 stars5/5Becoming Cliterate: Why Orgasm Equality Matters--And How to Get It Rating: 4 out of 5 stars4/5How to Think Like a Lawyer--and Why: A Common-Sense Guide to Everyday Dilemmas Rating: 3 out of 5 stars3/5Fluent in 3 Months: How Anyone at Any Age Can Learn to Speak Any Language from Anywhere in the World Rating: 3 out of 5 stars3/5From 150 to 179 on the LSAT Rating: 4 out of 5 stars4/5How to Take Smart Notes. One Simple Technique to Boost Writing, Learning and Thinking Rating: 4 out of 5 stars4/5The Success Principles(TM) - 10th Anniversary Edition: How to Get from Where You Are to Where You Want to Be Rating: 4 out of 5 stars4/5Weapons of Mass Instruction: A Schoolteacher's Journey Through the Dark World of Compulsory Schooling Rating: 4 out of 5 stars4/5How To Do Motivational Interviewing: A guidebook for beginners Rating: 5 out of 5 stars5/5Jack Reacher Reading Order: The Complete Lee Child’s Reading List Of Jack Reacher Series Rating: 4 out of 5 stars4/5Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong Rating: 4 out of 5 stars4/5The Science of Making Friends: Helping Socially Challenged Teens and Young Adults Rating: 5 out of 5 stars5/5Everything You Need to Know About Personal Finance in 1000 Words Rating: 5 out of 5 stars5/5Personal Finance for Beginners - A Simple Guide to Take Control of Your Financial Situation Rating: 5 out of 5 stars5/5Grit: The Power of Passion and Perseverance Rating: 4 out of 5 stars4/5The 5 Love Languages of Teenagers: The Secret to Loving Teens Effectively Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5Verbal Judo, Second Edition: The Gentle Art of Persuasion Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5My System Rating: 4 out of 5 stars4/5The Chicago Guide to Grammar, Usage, and Punctuation Rating: 5 out of 5 stars5/5The 5 Love Languages of Children: The Secret to Loving Children Effectively Rating: 4 out of 5 stars4/5How You Learn Is How You Live: Using Nine Ways of Learning to Transform Your Life Rating: 4 out of 5 stars4/5
Reviews for Options Trading
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
Options Trading - Joel Pope
+` book_preview_excerpt.html XKr7
V^c3,w0"iId^` @uf5GkQ|y.ՊHF"?/_~Ћ;huG5)UԝTGN>NgSkkjE,N"?ϟ=Yuiw}~x?/^?ϭUѬڜTDqM͉^۪ࣸ[䗪[|VVkjXO8i7զ9yZG[gV!`Rhr&ΤV`%B_Y`5002U4T{5;nq;AU sv%;Ku|TmK#ֶo[kk;>K35Qj9G @
FP U1%"pO6SjY㰸뼫}Q
䐖TP*+٘/K-OP~!/<Ph/$@F">AmqJ5.
`.X+das<.pJ43Jc-
KG w$O :#8Q>.h_Nc(`$>s1Ijg
Wg_g
2|!Tg7UM68~7"f:.M6`L1cΆpNu5GfwnM)wO]Ԕu Kw,W K-q_m_\y_7PLřRwL._m}7*\!PV@1i4Lyjq~6KK4y$8-Y+nP;Ean6_z!R%quW5:@o ;mɔXeCD髹NrLH[)1D;CHP|P&pq۹W-|2\ٳx.$}wC}ݩ덃izsQ4Ds@p /3e0ę{R7^9z&/%VݡgK
[
`f[l?N1W$ƧVՕ5iEdmJ9=~
X7GR)vޢs'~GW8#Lc^f?E0Zr52BCy֍0WnGQ^ːۆIP'P