Alot of people have asked me recently about the danger of options. They have heard that most option traders lose their money and they wanted to know is that true. It absolutely is true! If you can't produce consistent returns trading stocks or ETF'S, then don't trade options.

2 Closed Trades Today 8/9/18 12.82% Average Gain per Trade

5 Closed Trades This Week 8/9/18 +12.10% Average Gain per Trade

10 Closed Trades in August 12.33% Average Gain per Trade

Yesterday's Open Positions

1. Long VIX Calls: Still Open
2. Long GDX Calls: Closed: +19.25% Gain
3. Long XOP Calls: Still Open

Current Short Term Outlook:

1. Bullish Volatility
2. Bullish Oil & Gas Co's

Current Open Positions:

1. Long VIX Calls August-22nd-12
2. Long XOP Calls August-17th-41

Submitted August 09, 2018 at 05:37PM by JayFig_The_Trader https://ift.tt/2OX2a2c