Transcript Slide 1
The Options Hunter Presented by: Dale Wheatley Summary This introduction seminar will provide viewers with the basics of how to locate the best options candidates by teaching technical analysis(chart pattern recognition). Weekly web seminars We are doing weekly web seminars on a subscription basis and it is a “hands-on” learning process that actively involves each member and charts will be monitored and explained by me each week until the group is clearly understanding how and why we use options to leverage our profits and why this is the most desirable method of investing for greatest returns. What You Will Learn Chart Analysis to determine the best patterns to achieve greatest % gains The extraordinary power of compounding moneyYou could retire in a less than a year, starting with less than $1,000!! Goal Setting to determine your starting point and your desired results Why options offer you a great alternative investment Limited risk, but unlimited potential! What is an Option? Stocks Vs. Options Stocks Ownership Voting Rights NO Expiration Profit from upward movement over time Options Right to Buy at certain price Right to Sell at certain price Expiration Date Profit from Downward and Upward movement in much shorter time frame Benefits of This Strategy Anyone can do this strategy even starting with very little capital. Risk is very limited with unlimited upside potential No Day Trading Required Extremely high % gains from the power of options leverage Ability to Compound Your Capital Quickly What does it take to succeed? An open mind!! Ability to step out of the box and throw away preconceived notions of how to look for the correct stock-option choices. Clearly defined goals Importance of clearly understanding chart patterns and subtle changes in indicators Patience to just wait until everything sets up properly How to make 500%+ each trade! Patience!!!! 1)no day trading! 2)Wait for long term patterns to come to you! 3)Stay with your choices until they are complete Belief that it Can be done! 1)Don’t worry about what others are doing 2)Believe in yourself! Goal Setting 1) What do you want? 2) What DON’T you want? 3) Where are you starting? 4) Intermediate checkpoints Knowledge 1)Chart pattern recognition 2) Inter-market relationships 3)The language of options 4) Entering/existing trades Links to learn about options http://biz.yahoo.com/ opt/ (general info about options) http://simulator.invest opedia.com/stock/ga me (Fake trading acct to practice your skills) Inter-market Relationships How different markets can give us valuable insight into our own markets Finding the best chart patterns to allow us to leverage the incredible potential of options Using sector/group/stock approach to locate potential trades easily Why our risk becomes almost non-existent with the correct patterns and patience Yahoo Options Symbol Info Yahoo most % Gains Calls 33 tim When to buy Calls! Focus on weekly and daily charts Look for a double bottom “W” shaped pattern Higher second valley point on indicator Upside divergence Be certain the weekly chart is in agreement with daily and not moving in opposite direction When to buy Puts! Focus on weekly and daily charts Look for a double top “M” shaped pattern Lower second peak on MACD indicator Downside divergence Be certain the weekly chart is in agreement with daily and not moving in opposite direction QLGC Daily Apr 9th Bought QLGC 17 ½ Calls for Apr for $1,000 Total cost to buy Sold QLGC 17 ½ Calls for Apr $2,400 in 1 hour!!! Amount received After costs 1 hour later CAL Daily Divergence-UP CAL hourly chart near Apr Exp Stock price NOT supported Stock dropped from $44 CAL Apr 40 puts 5 cen Same TNX-Weekly 10 yr Treasury Note % rate declining % rate increasing mid 2005 HGX-Weekly Buy put options or sell short Downside divergence between price and MACD Weekly losing downside momentum CTX-Weekly Downside Divergence CTX July 60 Put Euro-Weekly US $- Daily Chart May-June 2006 Upside Divergence on MACD daily CRB Index-Daily US $ up Commodities Down May-June 2006 Australian $ Gold Futures Daily Chart Gold Corp-Daily Copper Futures-Daily FCX-Daily FCX May 65 Puts Unleaded Gasoline Futures Downside divergence Upside Divergence Valero Energy Downside Divergence Upside divergence Lumber Futures Upside Divergence LPX-Daily Chart Upside divergence CME-Weekly CME-Daily CME Hourly Chart CME July 460 Puts NAT-Weekly Good call option trade Strong upside divergence NAT July 35 calls FDX-Weekly Good Put option trade Double price top Strong down divergence Below signal line FDX-Daily FDX July 110 Put LRCX Daily Divergence GAS Daily Divergence-(Nat Gas) DW Option Hunter Weekly webinar on Thursday at 7pm Eastern time Active learning process Shared Responsibility of teacher and students Cost: $99 per month but the value is Priceless Subscription sign-up http://www.aiqsystems.com/optionshunter .htm