Wednesday, December 13, 2017

Option Trading Made Easy With The Option Wiz

April 26, 2012 by  
Filed under Economics

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.) Among the options, he said, are partnerships with auto makers, offering systems as aftermarket installations, or possibly giving self-driving technology away for free as a way to drive use of other Google services. "I’m not suggesting we’re going to do that," he added. Big auto makers and some of their traditional technology suppliers are already working on their own <b>…</b>
Backtested Options Trading Systems.

Option Trading Made Easy With The Option Wiz

Author: H Lopez

What It Is

The Option Wiz, just like the name says is an options trading service operated by two gentleman, Mike and Dan who together have over 29 years of experience trading stocks and options. Anything from simple call/put plays to diagonal spreads to butterfly spreads, it’s all here allowing you to profit no matter what the market is doing.

The Goal

Their goal is to generate returns of 5% to 8% monthly. If you’re looking to hit home runs, this isn’t the place to look, as they focus on helping you make consistent gains every month. There is the occasional 30% to 50% return, but don’t expect that every time. These gentleman are here to help you earn a steady profit while keeping risk to minimum.

Never Traded Options

If you’ve never traded options before, don’t worry, all the work is done for you so that all you have to do is make a call to your broker and read off the trade details to them. This is a great option if trading is not your full time profession. If you’re a self directed trader, it’s not that hard to get the hang of entering the orders yourself as most online brokers order pages are easy to follow. And as time goes on, you’ll gain a better understanding of the different trades. Since most options, approximately 77%, expire worthless, The Option Wiz puts the odds in your favor by selling premiums instead of just buying a straight call or put.

Over Trading?

Worried about over trading? Only the best trades are taken, resulting in approximately 8 – 10 high probability trades per month.

How do I Get My Signals

Also, notification is sent of all trade recommendations via e-mail, Twitter, Facebook, or RSS feed, and all new trades and closing of trades along with the reasoning for the trade, the amount you are risking, profit range, max reward price, trade details, and trade requirements(cost), are also displayed right on the homepage so you know the why of the trade.

How Much Capital Do I Need?

Trade recommendations are based on a $10,000 starting balance. If you have more than that, just adjust your orders to trade more contracts to meet the risk parameters and vice versa. Trades are setup to have a loss of not more than 5% of account balance per trade. There’s also a cool little tool, a streaming ticker that displays the current trades.

One last thing, the best part about these guys? No extra long sales page trying to convince you that their product is the best.

Article Source: http://www.articlesbase.com/day-trading-articles/option-trading-made-easy-with-the-option-wiz-4162351.html

About the Author

The Verdict

In conclusion, this is an excellent product, as you could spend thousands learning options (I’ve learned from experience). So if you’re looking for steady monthly gains with low downside risk, then The Option Wiz is an excellent place to look. To see more come see me at My Trading System Reviews.

 


Comments

20 Responses to “Option Trading Made Easy With The Option Wiz”
  1. admin says:

    Want to learn how to trade options but there are so many different systems out there. Can someone please let me know what system works and how to learn it? Thanks!

  2. admin says:

    Looking for a good options trading system is something I had to do when I first started but when I found this site, it really helped me a lot and it really works for me, you should check it out.

    http://www.StockOptionsTradingSystem.com

    I think it’ll help you learn how to trade options the right way and make some nice profits!

  3. admin says:

    There are many different ways to trade stock options and people use different systems, but which one is really good and will bring in reliable profits? Or is this even possible?

  4. admin says:

    Using a proven stock options trading system is important if you want reliable profits. I’ve come across plenty of different systems and the one that really stands out is here, http://www.StockOptionsTradingSystem.com .. you should go ahead and check it out, it’s really do a lot for me!

  5. tolstoi1 says:

    Option Vue?
    Options Xpress?
    Think or Swim?
    other?

  6. admin says:

    There really isn’t such thing as a “best broker”. Every broker has their pros and cons. Brokers that charge more commissions usually have better service and system while brokers with extremely low commissions usually have very user-unfriendly interface.

    Since it usually doesn’t take any cash to open a broker account these days, I would advise you do a complete research on all of them in order to see what works best for you.

    The site below contains a list of the top options brokers…

  7. RossenTrono says:

    Post what consistently works for you.
    What do you look for and how do you trade it?

  8. InspectorBudget says:

    I use Strangles, and occasionally Butterfly.

  9. admin says:

    I just learned about iron condors and double calendars but which one should I use since I am just starting out?

  10. TraderJoe says:

    To be successful at trading options in the stock market, you’ll need practice. The best way to get practice is through paper trading, that’s where you follow a stock and pretend you are actually putting trades in and then taking them out, hopefully for a profit.

    You can also find books on the subject, like on amazon or barnes and noble. You’ll need a good foundation on the basics. There are also different strategies when it comes to trading options so you’ll need to learn those first as well.

    For more advanced ways on how to trade options, there are sites that offer guidance. The advantage with these sites is that they will take you beyond the basics and offer you a better chance at higher returns on your trades.

    I’ve listed some sites below that you can check out, they are for information purposes only and not a recommendation. However, you will learn a little more than what you can get from reading books.

    http://www.stockoptiontradingsystems.com
    http://optionsexpress.stockoptiontradingsystems.com
    http://tradeking.stockoptiontradingsystems.com

    I think if you start your learning this way, you will be able to succeed in trading options. Others have done it so there’s no reason why you can’t learn how to do it too.

    Hope that helps and good luck!

  11. CommonSense says:

    A scam for the untrained.

  12. iswaswill says:

    Let’s get real, it, having been used by Hedge Funds and large conglomerate CEOs and other inside officers has enticed too much corruption and is sucking the US Dollar value dry! If you think a stock is going down, sell it….simple as that and make the big boys do that too! No more of this cooperative bouncing the stock between option strike prices to suck the capital out of hard working American’s retirement savings! Lets get the common back in the stock market!

  13. Ted says:

    No. Actually the system works great. People who work hard to understand the system can make some extra money and retire early. Others, who want to jump in and expect to get rich without any effort get what they deserve, too.

  14. chrissmcguiree says:

    I have been paper trading my system for over a year and now want to use real money. Should I trade out of a 401k or a Roth Ira? I don’t want the IRS breathing down my neck so trying to get educated before I jump in. What is better?

  15. b2fnow says:

    As far as the irs is concerned, they don’t care whether you’re tading options or stocks or futures or eggs, they only care about profits.

    To trade options, you will need a margin acct.

  16. admin says:

    How to make good money with binary options trading? Is there any kind of strategy or system that guarantee success?

  17. xcalibus says:

    I recommend OptionsXpress.com as they have an intuitive user interface and fast execution.

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