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Friday, November 16, 2007

Options University Strategist Review

Last night was the live webinar introducing the Options University Strategist service. If you missed it, I wanted to share with you what I learned as well as my thoughts about the service.

You have been diligent with your study...

You have learned the foundations of options trading...

However, we understand that you have lives. You are busy during your day and you come home to family and other responsibilities...

You may not have time to do the homework that you should be doing to find, plan and manage your trades.

This whole service was born out of a very specific perceived need. Options University has what I consider to be the best paid general options education curriculum available. They teach a lot of students every year about options and how to trade them...the right way.

Ron Ianieri and his team have seen the diligence of their students and appreciate that for the retail trader, a little help can be of great assistance. The concept of a service began to form. However, this had to be an "in house" service, something Options University could control so that their trading philosophy would be present in the trades delivered to subscribers. They did not want to throw their students to the wolves...

Ron tapped his resources to hire traders off of the floor, guys he himself had trained, and put them to work researching and planning trades for OUS subscribers. The team researches trading opportunities. When they find the right opportunity, an options strategy is applied to take advantage of it.
Cutting Edge Technology Delivers All Of The Trading Opportunities To You, No Matter Where You Are...
The trades and all adjustments are sent out to subscribers on e-mail, but also through a dedicated RSS feed. The RSS feed bypasses e-mail, so you can be sure to receive alerts even if e-mail fails.

Options University invested in their own RSS client, which you can download and install on your desktop to receive real time alerts directly from their server. Also, they will soon be issuing trade alerts and updates through a text message sent to your cellular phone.

That is three means of receiving information...

Your job is to simply review the alerts and updates, determine whether they meet your trading criteria and tolerances, and then take the appropriate action. Right now, they are averaging about five trades each week. Those trades will offer a variety of approaches, so you're not buying into a service that leaves you stuck with a single options strategy that may not be appropriate for prevailing market conditions.

The service has been up and running for just a couple months, and is only now being offered to the general public. Consequently, the trading track record is limited. However, this is the same thing that Ron Ianieri did for more than 10 years in Philadelphia. If you have taken any of his courses, you know that he is a very skilled trader with many years of experience trading from the pits as well as from off the floor.

In addition to the trade alerts, you will also have access to monthly tele-classes. These should provide even more insight into what the traders are doing, helping you to better understand their methods and reasoning.
This Service Is NOT For Everyone! But If You Have Done Your Homework, Are Ready To Trade, But Need A Little Help With Your Research...
Ron was very candid during the webinar. This service is not for everyone. If you have not taken the time to learn and understand options, you probably need to do that first.

However, if you have studied and have learned what options are and how they work, but are frustrated by the many pressures in your day that keep you from doing the homework necessary to trade, well then you just might want to take a look.

The webinar was recorded. Check back here, because as soon as they get the recording compiled and loaded for replay, I'll be posting a link.

In the meantime, if you would like to learn a little bit more about the service, you can do so here:

Options University Strategist

I have never recommended a trading service before. The reason I have never recommended one is because I have never found one that helps a trader, a retail trader, actually trade their account profitably.

What sets OUS apart is the fact that they 1.) have assembled a professional team of professionals, 2.) they have built this service entirely "in house" to insure the quality and legitimacy of every recommendation they issue, and 3.) they are taking a community approach, allowing their subscribers to actively participate in the development of the program.

Right now, they have cut the subscription costs. During the webinar, Ron gave his word that if you subscribe at the introductory price it will never be increased for as long as you remain a subscriber. Combined with the OUS guarantee, it's a good time to take a look!

So, if you are struggling in this market consider investing a couple hundred bucks (money that you may very well lose to the market) and get some help from the pros...

Trade well.

Christopher Smith
TheOptionClub.com

1 comment:

tpjava said...

This sounds liek good advice.
I have been trading for over ten years before moving into programming. I still like to keep my finger in the pie by putting some future and option stread trades from time to time.
I definately think that if you are considering trading of any kind, paying for help is a must and will be money well spent. There are many markets available.
Good luck. Good blog.

Tony
Commodity Online Forex Trading