 Click here to see descriptions of the different TradeFolio products we offer |
| Frequently Asked Questions |
Q: How much money should I invest with this service?
A: We cannot advise subscribers how much money to invest. We do, however, recommend that subscribers diversify their investments and not invest all of their funds in any single investment vehicle. Example investments based on average return are shown here.
Q: How much money should I invest in each recommended position?
A: We cannot advise subscribers regarding how much money to invest in each position. If possible, we suggest subscribers invest in all of the positions that are published in every month in the TradeFolio to which they subscribe. The goal of investing in each recommended position is to reduce risk by diversification in time and by diversification of investment vehicles. Example investments based on average return are shown here.
Q: Should I leave some funds in my account?
A: We cannot advise subscribers about fund allocation. For the Meridian, Centium and Optium TradeFolios, we do suggest customers leave some funds available for closing positions in the event of encountering a stop-loss. In some cases, execution of a stop-loss requires additional funds, if funds are not available the broker may not execute the closing trade.
Q: Can I invest in more than one of the TradeFolios?
A: Yes, it is possible to invest simultaneously in multiple TradeFolios, however, for the Meridian, Centium, and Optium TradeFolios, we recommend each TradeFolio be traded in separate brokerage accounts, because occasionally, trades across Meridian, Centium and Optium TradeFolios will experience a conflict. The trades within each Meridian, Centium and Optium TradeFolio are selected to avoid conflicts.
Q: How are new positions communicated?
A: New trade alerts are sent by email indicating a new trade has been published on this web site and can be accessed by paying customers when they logon.
Q: When are new positions selected?
A: Generally new positions are selected and published before 12 noon EST on the day the position is scheduled to be selected. Depending on market conditions, new positions may be selected earlier, later, or not at all on that published schedule. The dates for the next scheduled selection for the TradeFolios are published on this web site and can be accessed by paying customers when they logon.
Q: How long are new positions considered "good" for trading?
A: We cannot predict how long a position will remain a "good trade". Trade status for each recommended position can be accessed on this web site.
Q: Do I have to subscribe to PowerOptions in order to have a subscription to PowerOptionsApplied?
A: No, the two services are separate from one another.
Q: Can I use the same UserID and Password as in PowerOptions?
A: Yes, you can use the same UserID and Password as PowerOptions.
Q: What is the price range for the stocks selected for Titanium and Stratium?
A: Most stocks selected for Titanium and Stratium are under $60 and the average price is around $35.
Q: What is the frequency of recommendations and when are they published?
A: New trade recommendations are generally posted the Monday and Tuesday following options expiration (3rd Friday of the Month). Scheduled next trade posting dates are published at the bottom of the tradlisting page.
Q: What is the difference between PowerOptions and PowerOptionsApplied?
A:
-PowerOptions is for the self-directed investor who wants to search and research his own trades. PowerOptions offers tools to find the trades that best meet an investor's objectives.
-PowerOptionsApplied is a newsletter/advisory service where we do the research and then publish trades that meet our proprietary criteria. You get access to the published trades and can then decide to invest in them yourself. This service caters to those who don't have the time and/or confidence to make their own trade selections.
Q: What is the procedure if a stock price drops for Titanium and Stratium?
A: We have management techniques in place to aid in recovery in the event a stock drops in price. Sometimes we close the position and sometimes we re-write a covered call for a lower strike price.
Q: If a position is not assigned in Titanium or assigned in Stratium, what is the procedure?
A: Generally, we enter or re-enter a covered call position for uncovered stock remaining from previous positions.
Q: For Titanium or Stratium, how many times might a position be rolled?
A: There isn't a definitive answer to this question, could be several or just a few.
Q: Is auto-trade available?
A: No, auto-trade is not currently available.
Q: For Titanium, do you expect selections to be called away?
A: Yes, that is the goal.
Q: Can I switch to a different TradeFolio
A: Yes, just give us a call or email.
Q: Can I really make the average returns listed on the web site?
A: We cannot predict future returns; past performance is no indication of future performance. The returns on this web site do not include brokerage fees and other expenses, which should be taken into consideration for calculating real returns. We do not include a "real return" value, as real returns require the amount invested, which varies across investors.
Q: Do I have to close my open positions before options expiration?
A: Except for stop-loss or profit-taking situations, the TradeFolios do not require closing trades before options expiration. The goal is for all positions in the TradeFolios to expire worthless or be called away, with the customer retaining the initial credit or time-value minus brokerage fees, etc. as profit.
Q: How far back does the track record extend?
A: The entire track record is available on this web site by clicking here.
Q: Are you planning to introduce new TradeFolios using different strategies?
A: Yes, we are developing new TradeFolios which are complementary to current offerings and plan to introduce them when they are ready.
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Leaps Options - Implied Volatility - Covered Calls
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