OptionMillionaires Free Trial Labor Day Promotion and Contest

With summer nearing it's end, and September right around the corner, figured now would be as good a time as any to have a contest, as well as running a nice promotion to allow lurkers and curiosity seekers to see what the OM.com community is all about.

Starting today and ending September 1st,  we will be running a 15-day free trial promotion, along with a contest to guess the August 29th closing price of TWTR . Those interested can send an email to optionmillionaires@gmail.com with free trial in the header, and your guess for the August 29th closing price of TWTR.(ie. TWTR $50.25, and this is for new members only). The Free Trial promotion will last until September 1st, but the TWTR contest entries need to be in by August 24th at 11:59pm.

Trading and making profits on out-of-the-money options is extremely difficult and has a high level of risk. With that risk comes the possibility for some huge returns. The OM community is a great place for traders, new and old, to learn and continue to refine their trading skills and strategies, and hopefully profit from it.

Our chatroom is filled with traders sharing news, ideas, and suggestions as well as supporting each other. The moderators do post their trades in the Chatroom as well, while also posting them to their private twitter feed : https://www.optionmillionaires.com/2013/optionmillionaires-private-twitter-access/

We also host a Weekly "Week Ahead Webinar", have educational Webinars, and have a huge archive of videos covering option strategies for novice and veteran traders.

We are not a trade service 'per se', but you can surely follow the trades. We are also not registered investment advisors, and everyone will have their own risk tolerance, financial goals, account balances, ect. Each person is different. We  also don't pretend or advertise ourselves to have insane winning percentages trading options like other out there. If your trading options to make money, you don't need to bet the farm to do it... that is an ingredient to decimating your account, and is why I look at those offering services who post 100+ contract trades screenshots on Twitter as damaging to the blue collar retail trader. In my humble opinion, if your putting more then a few hundred  dollars in an option trade, go day trade stocks.

We try our best to post our trade ideas via public channels like Twitter (TWTR), Stocktwits, and other venues, but we do miss quite a few... the best way to get them all in real-time is via our chatroom and private twitter feed ( https://www.optionmillionaires.com/subscribe/membership-management/ )

Some of our best trade ideas in 2014 :

SolarCity (SCTY) Triple Bottom Breakout

Penned this on SolarCity (SCTY) the day before it ran from $54 to $70, and our June $55.50 calls we alerted via  text/twitter at .52 hit over $14.50+ , or 2,800% +- https://www.optionmillionaires.com/bottom-solarcity/

Here is what I said about  SolarCity (SCTY) on our Week Ahead Webinar coming into the week when the stock was at $52 and I called for it to go to $60,$65,$70 in very short order: https://vimeo.com/98469140

And here is the chart of those June $55.50 calls where a $520 investment turned into possible $14,500+ in 96 hours:

SCTY 55.5 calls text alert


Priceline buyout of OpenTable:

We alerted the OpenTable (OPEN) June $77.50 calls @.20 via our text service, then the Sunday before the buyout, we talked about the buyout potential on our Week Ahead Webinar : https://vimeo.com/98140182 . Sure enough, 5 days later the buyout was announced, and those $77.50 calls went from bidless to over $27, meaning our 14 calls that were worth zero coming into the day, were now worth of $37,000. You can read about it here : https://www.optionmillionaires.com/opentable-open-trade-options/


This stock has been one of my favorites for the past 12 months, and it continues to provide some monster opportunities for big gains. Here is a trade when I spoke about the stock being my favorite play for the Week  when it was at $95: http://vimeo.com/99412438 . I was already positions via some call positions to include the $115 July calls:

SSYS june 16th calls

10 days later the stock hits $128, rallying over $33, and those July calls hit $14.10  or $500 into possible $14,100:

SSYS $115 Weekly calls


Twitter (TWTR)

Option trading can pretty much be summed up in this post, where we took a chance on Twitter (TWTR) earnings at the end of July : https://www.optionmillionaires.com/option-trading-requires-put-balls-line/

There have been many other crazy trades this past year, to include the most recent one, Keurig (GMCR), where the $121 weekly calls we alerted @ .37, hit over $15 on friday, or $370 into $15,000+ :

GMCR calls

GMCR 8-22-14 calls

We have also been one of the few Kool-aid drinking market bulls, who have been calling for the S&P to break 2k since last year, and the $SPY to break $200 : https://www.optionmillionaires.com/market-headed-higher-part-2/ , and were the crazy ones calling for Zillow (Z) to hit $150 back in September of last year : https://www.optionmillionaires.com/zillow-z-headed/

I am not going to sit here and list every great trade, and on the other hand, we surely don't get every trade right. Plays like Magicjack(CALL)m,Sears Holdings (SHLD), and others have been disasters as of late- but trading options, you don't need to be right all the time.

Check us out, and you can be the judge. Here are just a sampling of some of the feedback we get in the chatroom:

recog 8-24-14

RECOG 8-24 2

recog 8-24-14 1

Option Trading is not for everyone. It can make you pull your hair out, bang your head on the wall,  and have you cursing out loud while those around you wonder what is wrong with you. It comes with the territory. Knowing that someone long a stock can be making money on a 4% move, while your Calls options are flat, can be extremely frustrating... your plan and strategy were sound, the stock moved the way you wanted it, but time worked against you. That is the life of an out-of-the-money option trader. But like a hunter in the wild, that big prize can make up for days,weeks, and months of futility.

Thanks for your time, and hope to see you in the Chatroom soon!

- JB

JimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

More Posts by JB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

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