What a week! I sent out that VXX $19 put play to those signed up to the text alerts on Tuesday. VXX $19 puts were at $.52. They closed at $1.19 today and VXX plunged further after hours going under $18. It looks like a great  text alert from yours truly. 100%+ gain? Booooo yAAAAAAAAAAAA!!!

Sign up for those text alerts, and be sure to dabble only with money you feel comfortable using to start a camp fire. Stock options are not for the faint of heart, but as we've seen this week, you can make a pile of cash in a short period of time.

Before I get to the gameplan classes will be starting up in earnest shortly. For those of you signed up for classes let us know the best day and time. I plan on running a class on Sunday nights. It will start with a beginner class and go to my strategies, how I read charts, etc.

On to tomorrow's gameplan:


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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