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!