Trading Options – Money for Nothing!! | OptionsANIMAL
#1 Options Trading Education

Trading Options – Money for Nothing!!

Who remembers that tune by Dire Straits in 1985? I didn’t know how to create “money for nothing” in 1985, but now I do!

Image representing Abbott Labs as depicted in ...
Image via CrunchBase

Before I learned how to trade OPTIONS AROUND A CORE POSITION, I simply bought and held stock. Unfortunately, I didn’t know when to close those positions. So many times I watched profits evaporate, or turn into losses! Nor did I know how to generate income from the long stock. “OptionsAnimal, you’re the best!”

My current position in Abbott Laboratories (ABT) is a good example of an income generating strategy for my Conservative Portfolio. I bought 1500 shares of ABT in October 2009 at $51.28. Although I have received two dividend payments since that purchase (Total = $1260) the price of the stock has dropped to 47.00ish at this writing. That represents a loss of $5160.00 (this figure includes the income from dividends.)

On the other hand, by applying the methods learned at OptionsAnimal, I have generated income on my long position of $9,715.00. When added to the dividends received, my position is now profitable by $10,975!!! For a stable, but stagnant to slightly bearish stock, that’s how we can make Money For Nothing!!! “That’s What I’m Talkin’ About!”

Emilu Bailes
OptionsANIMAL Instructor

Enhanced by Zemanta

Options Trading Resources

options trading courses * option course * option trading strategies * options trading 101 * options trading resources online * learn about options trading * learn options trading * options trading seminar

Posted in

Emilu Bailes

Join 500,000+ Investors

Get the latest class invites delivered straight to your inbox.

Scroll to Top