Smb's Options Tribe meeting 021213

29
February 12, 2013

Transcript of Smb's Options Tribe meeting 021213

February 12, 2013

Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

Heart Friendly Butterfly Review

Generally speaking the Heart Friendly Butterfly handles bullish conditions fairly well because the trade is highly negative vega and responds well to the lower implied volatility conditions

However, an extreme bullish move can be challenging for any positive-theta market neutral trading style.

The HFB is built to respond to most market conditions, but sometimes we need to pull out all the stops .

Outrunning the January bull market

Deja Vu all over again

Four Part Video Lecture Series provides detailed and precise techniques on:

--How to handle extreme market moves. --How to handle whipsaw markets. --Scaling out of the trade for additional

profit. --Wing Selection. -- Favorable and Unfavorable Market

Conditions. --Each video has accompanying power

point document which becomes your reference trade plan.

Deltas are heavily under control throughout the trade.

The maximum permitted loss is very mild—10% of planned capital.

Performs well in most kinds of markets—channeling, reasonable uptrends, reasonable downtrends, reasonable whipsaws.

The trade design is simple and intuitive.

www.heartfriendlybutterfly.com

If you would like to learn to become an expert in this strategy---Bullish markets

---Bearish markets

---Channeling markets

Order the Bearish Butterfly Video Course—four extensive videos detailing how to trade this strategy in every market --very reasonably priced at $595.

If you are interested in the “trade that teaches you how to trade options”…….

Order the M3 Options Trading System Video Course—four extensive videos plus a detailed power point summary detailing how to trade this strategy for $795.

John has also agreed to make his personal mentoring services available to SMB Options Tribe attendees on a first come, first serve basis, once you have studied the M3 video course or the Bearish Butterfly video course.

So ORDER now !

To Be Held The First And Third Thursday of Each Month

Starts at 5pm EDT

First Meeting will be Thursday, September 6, 2012

Five Spots Left

Monthly Cost:

$150 if you own both programs.

$175 if you own one of the two programs $200 if you do not own either program.

For traders new to options trading

We are combining the fundamentals section of our Options Foundation Program PLUS

The Complete Bearish Butterfly Video Series PLUS

The Complete M3 Options Trading System Video Series

Buy all three and save more than 15% vs. buying each segment separately.

If you’d like to take a deep dive into this strategy and learn how to find BWB trading opportunities in virtually any kind of market then you should…..

Order the Broken Wing Butterfly Video Course—four extensive videos detailing how to trade this strategy in every market for our special introductory price of $595.

If you order now, you will receive one FREE hour of mentoring from Greg Loehr after you’ve gotten an opportunity to review all of the videos.

That’s a $350 value that we are adding to the offering for free.

Go to www.smbtraining.com

Pull down the the “Programs Tab”

Press on SMB Options

Click on the strategy “slice” that you are interested in within the “pie” at the bottom of the page.

Go to Optionstribe.com right now and click on: “Join the Options Tribe”

Then, join the Optionstribe chat group (takes about an hour)

Post an idea in the forum for a future options tribe meeting topic

Buy one of SMB’s options training products and receive a 5% discount

Find out what trade adjustments were made by our options experts on popular options trading strategies

Peruse our ever growing archive of previous Options Tribe Meetings (past recordings now only available to paid members)

Register for next week’s Options Tribe meeting

Offer to make a presentation on the Options Tribe, become an active blogger, offer up an Options Tool, or become actively involved in some other substantial way and get a free annual membership

All archived material is BACK! Thanks for your patience.

Check out SMB’s Options Training Program-to launch your options training career:

www.smbtraining.com/overview/smb-options-training

Consider a mentoring-only relationship with SMB, for the struggling options trader who is seeking a trading plan to get you back on track. $1,495 for five one hour sessions.

To order these services go to smbtraining.com, click on the “programs” tab, click on SMB Options in the pull down menu.

At the TOP of the page we discuss our Options Foundation and Mentoring Programs.

Doc Severson of Tradingconceptsinc.com: A new view on technical analysis: why the old signals aren’t working and what IS working

Email: [email protected] Twitter: SethF _ SMB

Blog: Smbtraining.com/blog and Optionstribe.com