At optionmillionaires.com, we pride ourselves on having a great chat room and community but we also have made some incredible trades over the years. The recent $NUS trade just about trumps them all.
Members are given the opportunity to see trades we make via private twitter. I entered the January $130 $NUS puts at $.75 and $.80.
I then explained my trade on the blog at optionmillionaires.com:
On twitter and stocktwits I told the world, in a not so subtle fashion, that I thought the stock was going to collapse. Sure enough, it did. $NUS suffered an epic collapse this week.
The $130 puts I entered at $75 and $.80 and alerted at $.50 x $.60 were worth $62.50 at the lows today and they hit a high of $59.40.
A $600 entry at $.60 was worth over $62,000 at $NUS Session lows.
Successfully trading out of the money stock options is not an easy task. Anyone claiming 100%, 90%, 80% success rates is lying to you. We have a great track record of finding the options that are poised to make a big move before everyone else. Are 10,000% gains the norm at optionmillionaires.com? While I wish those gains were had everyday, those types of returns do not come often. However...JB just last week bought the $ISRG $390 calls at $.20 before it surged over $420. It's been a great start to 2014.
No one was talking about $NUS early this week and late last week. Now, everyone is talking about this stock. That is what members at optionmillionaires get, in addition to access to a great community of traders.