I’ve got a lot to cover about our new service but I wanted to go over the trades that I have been covering in the blog first.
Ford Motor (F, $6.41, up $0.28) had a stellar day as it added 5%. I profiled the December 6 calls (FLI, $1.64, up $0.14) and the December 7 calls (FLJ, $1.21, up $0.12) in the May 17th Weekly Wrap and again for the new trading service. This was a “free” pick and I wanted to update the position before we start the new trading service. Once we start the service you will only be able to get updates through a subscription.
The December 6 calls were profiled at $1.25 and the December 7 calls were profiled at 93 cents. At current levels that represents a gain of 30% for both positions.
These call options were trading for $1.52 and $1.10 when I updated the position Monday morning. The bigger picture is that they don’t expire for another 6 months and I think Ford has a good shot at $7-$8 over the short term.
Freeport-McMoRan (FCX, $56.88, down $1.24) made another run at $60 but faded by the end of the day. I said to watch your stops today when the stock was only down 23 cents.
The June 55 calls (FCXFK, $4.05, down $0.95) traded to a high of $5.60 and they were profiled at $2.10 on May 20th. That represents a 167% return. Stops should have been set at $4.20 which was a 100% return which is why I told you to watch them.
The June 60 calls (FCXFL, $1.73, down $0.65) were profiled at 80 cents and traded to a high of $2.74. Folks, that is nearly a 250% gain! A $1.60 stop is still a 100% return but the position should have been sold once you saw these monster profits.
Freeport was looking weak and the June options are running out of time. These trades would have been closed this week regardless because the options expire in two weeks. Some people like to keep trades like these open because they are hoping to make even more money. When you get a 250% gain in 10 days, don’t push your luck. We didn’t.
These were the last of the “free” trades and you will have to follow the Ford trade in the new service. The “Monthly Passive Income Trade Picks” subscription service will launch in the next 24-48 hours. The service will include access to the exclusive “Members Only” area where I will be posting trades. This is where I will post updates on the trades or any new ones that are coming out. I will do an update as needed and the posts will be done before the market opens.
You will also have the chance to join a live training session twice a week as long as you are a subscriber.
The service will offer both non-directional picks and directional trades. Ryan will be doing the non-directional trades which are safe and aim to generate 4%-6% per month. That may not sound like much but that equates to 50+% on an annual basis.
The trades I offer will take on much more risk as you know. They are aimed for SPECULATIVE traders who can handle losses. We decided to combine both services to offer you the best of both worlds.
The rates are this.
1 month – $97
3 month – $261 or $87 per month (10% off)
6 month – $462 or $77 per month (20% off)
1 year – $804 or $67 per month (30% off)
The best part of the subscription service is this. Any money you pay can be applied to our lifetime mentoring program. This means if you ever decide to join our program, you will have lifetime access to our trade picks. For people that are currently lifetime students, you will be getting my trades for FREE.
I told you I would give you readers the best deal ever to join our mentoring service and here it is. So, if you sign up for 6 months, you will get $462 off the purchase price of the course. Once you are a lifetime student, you too, will get all of the trades we provide for FREE.
The information you will learn will be priceless. I say that because we will literally speed up your learning curve and we will do it at a fraction of the cost most other options services charge.
Another important fact. All of the trade picks from the blog have been documented and will be available for you to see. You will be able to look at the date and read about the trades in the blog. Ryan will also have his track record available. Folks, I don’t know of any other options service that makes their current and past picks available.
Here is how we will take orders initially. If you are seriously interested in the service, please send me an email with “1 month”, “3 month”, “6 month” or “1 year” in the subject line. I will then send you the subscription link. We already have a couple of trades going and most of you should have gotten an email from me with the new trade.
If you have any further questions, include them with your email.
Rick Rouse
Rick@OptionsMentoring.com
