I had Mike Chupka use a different tool on PowerOptions during our presentation this afternoon…in addition to having him show us the powerful search capability of the patented PowerOptions Search tool, I had Mike open up the Search By Symbol tool in the Married Put strategy to find a good position on GME.
| GME | Gamestop Corp. | Buy to Open | 200 | @ | $22.28 |
| GMEME | GME Jan 2010 25 PUT | Buy to Open | 2 | @ | $5.20 |
| Bought shares of GME | $22.28 | |
| BTO Jan 10 25 Put | +$5.20 | |
| Total Investment | $27.48 | |
| Guaranteed Return | -$25.00 | |
| Total amount AT RISK | $2.48 | or 9.0% |
Now, this is not a recommendation, and we want to be very clear on that. This is a virtual trade we are tracking in the RadioActive Trading Plain Vanilla Virtual Portfolio. The position does have a 9% risk, but by only virtually trading 200 shares the total risk is only about 0.5% of the total virtual value of the Plain Vanilla Portfolio. Let’s see what we can play with GME going forward…
I'm Kurt Frankenberg, and I have discovered how to truly put the odds on the side on the individual investor. It uses a principle that has been in front of our eyes all along, but is rarely used or understood. Other systems advocate treating the stock market like a business. My system really does.
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