EQDEK | SLGN May 2009 55 CALL | Sell to Open | 3 | @ | $1.90 |
During this afternoon’s webinar, Mike Chupka and I looked at our Plain Vanilla trades using the PowerOptions Portfolio tools. Initially, we saw that the April 55 call could have been sold for $0.70 per contract, but after using the powerful NEW Comparison tool in the PowerOptions Portfolio, it appeared the May 55 strike call was a much better Income Method #1 choice.
With a few clicks Mr. Mike was able to show the possible Income Method #1 trades, quickly compare the potential IM #1 opportunities and with one click more simply add the new call into the PowerOptions Portfolio. Wow…less than a minute of comparison and a new Income Method was added to the Plain Vanilla RPM for SLGN!
More trades are likely to come…keep your eyes peeled and your heads up for new Income Methods in the Plain Vanilla Portfolio.
Remember, all these PLAIN VANILLA trades are free for anyone to follow on the site, feel free to logon anytime to see them, and forward them to any of your friends, family or fellow traders that may like to learn how to trade stocks with insurance like this one.