Student Success Stories
To Our Friends and Coaches at Options Animal,
We just had to drop you this note of appreciation for all we have learned at OptionsAnimal.
Prior to Options Animal we had experience with other stock and options educational training programs. We knew that we had to make progress but we also knew that we were not quite grasping the things we were supposed to be learning. In fact, the first half of this year showed that we knew just enough to lose $46,000.
As traders we knew that if we treated this as a hobby it would pay us like a hobby, and if we treated this as a business it would pay us like a business. We chose to make this our business. So we interviewed several stock and options training programs and we watched and participated in a couple of sample OA introductory webinars. Options Animal became our logical choice because of how generous the coaches were with their time and energy in explaining different details during those introductory webinars and assuring us we “could do this.”
Within six months and while applying OA strategies we were able to make up over 40K of the losses we had incurred earlier in the year! In addition to that, all but two trades that we have closed since beginning with Options Animal have been profitable! Have they all gone the way we expected? No. Through the education program at Options Animal, however, we have learned how to adjust our trades in order not to suffer loss. We experienced “aha” moments like adjusting vertical put spreads to collared stock ownership (who knew?!), and proper position sizing (somehow it made sense now), and using the Greeks to our own advantage.
We are anxiously looking forward to 2011 and all the trading opportunities we will learn to take advantage of.
Thank you to everyone at OA,
Joe and Jackie F.
Hello OptionsANIMAL,
I have had nothing but great experiences with OptionsANIMAL. I’m at level 8 now and am continuing forward but more slowly as life has gotten busier and busier especially with me monitoring my accounts. You mentioned that you would like to hear the story that I mentioned so here it is.
My wife’s father passed away and left her his small house and an old lake cottage that the entire family enjoys all summer long. We decided to take the proceeds of the sale of his house and dedicate it to rebuilding the cottage into an all season home. At the sale of the house we received about $325,000.00 and we added some other money to it for a total of $350,000. I then put it into an account at a brokerage I trust. After a year or so it eventually leaped to around $355,000.00 (I must admit I did tell him to keep it safe.) I transferred the $355,000 to a joint account, thinking I could do so much better. One year and four months later that account was valued at $825,000,
Sporadically I invested in some stocks such as Apple because I knew where it was going but I’d say that 95% of the growth is through my OptionsANIMAL training and the use of calls, short calls, and mostly bull puts. We’ll be able to build a nice home now with hopefully enough left in the account to continue paying for property taxes, insurance and maintenance through my training.
After much consideration I decided to spend the money and join the OA group. Am I ever glad that I did. Circumstances with one of my children have me supporting his family until his health gets better. With my training I’m able to do that as well as help all my children grow their assets.
Thanks to the Options Animal group and the Jensen’s for giving me a super continuing education in options trading.
Sincerely,
John P.
