New RPM added to Plain Vanilla for Edwards LifeSciences (EW)

Just pulled up a new paper trade for our Plain Vanilla Portfolio. During this afternoons webinar, using the patented search tool on PowerOptions we came across this little gem.

EW Edwards LifeSciences Buy to Open 200 @ $67.16
EWWO EW Nov 2009 75 PUT Buy to Open 2 @ $11.30
Bought shares of EW $67.16
BTO Nov 09 75 Put +$11.30
Total Investment $78.46
Guaranteed Return -$75.00
Total amount AT RISK $3.46 or 4.4%

We have a low risk of about 4.4%, only about $3.50 (or $700.00 for 200 shares). Remember, for Plain Vanilla we are only using Income Method #1 to showcase the methodology, so this is just a paper trade. If I am going to put real money into a position I need to be able to use all 9 Income Methods from The Blueprint, and I will do that in the Fission Service.

All right gang, let’s see how this Plain Vanilla trade works!

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