Please review last weeks comments . . . there all coming true. We're in the terminal stages of a Bernanke-driven bubble,
So how did SLOW MONEY OPTIONS do for the week? I had announced 3 trade recommendations on Thursday all OK. My AAPL call spread did fine producing 15%. The SPY put spread 3% and the call spread 4%. RULES, RULES, RULES but I like it. Late in the day on Thursday the markets gave us a bonus with the OTC exchanges shut down, It was running out the clock on out option trades.
Remember always take the more conservative spread is the reason that I give you choices. What I do is take all my recommendations just split the money between choices. You can trade just enough to give you an extra days results of trading or trade enough to give you a weeks worth of trading. The choice is yours take responsibility.
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I am trading weekly options to help you grow your portfolios a little each week. We are either making money or not losing money. Thank you for letting me serve you, I consider it a privilege to work with each of you. I strive to make a successful trade one week at a time.
Are you making money? If not why not trade with me. Remember the goal is to make money NOT lose money . . . Duh . . . . . . . Take a look and see how Slow Money Option Trading went https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ
Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members.
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I hope you will learn from my years experience as a professional trader.