New Plain Vanilla Trade in V

We just opened a new Plain Vanilla trade during the Thursday Session. Using the PowerOptions tools Mike C and I quickly identified potential RPM positions. Looking through the results and doing some analysis, we decided on this one:

Bought shares of V $66.21
BTO Jan 10 75 Put +$13.70
Total Investment $79.91
Guaranteed Return -$75.00
Total amount AT RISK $4.91 or 6.1%
V Visa Inc. Buy to Open 200 @ $66.21
LGBMO V Jan 2010 75 PUT Buy to Open 2 @ $13.70

Remember, this is not a recommendation or suggestion, we are showing these virtual Plain Vanilla trades to demonstrate how just using Income Method #1 and limiting your risk properly can lead to potential profits…we can lose more often than you win and still MAKE money with a properly skewed risk – reward ratio.

Now, I am using my own money in the Fission portfolio where I am applying all 9 different Income Methods that are detailed in the Blueprint…since we are only using IM #1 as a demonstration in the Plain Vanilla portfolio, I am not using real money.

OK gang, let’s see if Visa makes a move and is a candidate for IM #1 in the next coupla weeks!

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