An “Option Spread” is simply a combination of buying one option and selling another option in a single transaction; thereby controlling risk.
And today’s platforms make spread trading as ‘1-click simple’ as trading individual options, stocks or ETFs.
Options with a strike price closer to the current price are worth more. So, if the option you sell is closer to the current price than the
option you buy, you’re considered the ‘Seller” and you’ve got yourself an instant profit.
It’s called a Credit Spread because the instant profit you earn is immediately ‘credited’ to your account... which is to say, you get cash up front for the trade... and more often than not, you get to keep every bit of it!
Best of all, with weekly options you can repeat the process over and over again every few days... hence Mike’s Weekly Cash Roundup!
Mike’s Weekly
Cash Roundup
Two Books In One
Plain, simple English… short sentences and lots of pictures… that’s the way I like it, don’t you?
I hope so… because super-simple and profoundly eye-opening is what you’ll get with Mike’s Weekly Cash Roundup.
If this is your first experience with options, you’ll want to start with part two… for an exciting introduction to the wonderful world of options.
You’ll be amazed when you see how simple option trading really is… and in no time you’ll be heading right to the front of the book!
The front of the book… That’s where the real magic begins.
Starting on page one, you’ll get to know the unique ‘personality’ of index options and learn how to profit from little-known idiosyncrasies that set SPX, NDX, and RUT apart from other options.
You’ll discover how you can immediately recognize whether you should be selling Calls, or selling Puts, or selling both.
And you’ll learn how to structure each trade for the maximum amount of income with the least possible risk.
Everything you want to know is all laid out in the simplest of terms in Mike’s Weekly Cash Roundup… nothing is held back… nothing is left to the imagination.
But that’s not all…
From this day forward, we’re in this together!
I’ll Be Happy To
Hold Your Hand For
As Long As You Like
Even though Mike’s Weekly Cash Roundup takes you step-by-step through EVERYTHING you need to know, so you can easily earn a steady income all on your own…
If you’re like most folks, you’d appreciate a bit of hand-holding… at least at first.
So, to save you time, keep you motivated, and bolster your confidence…
Just say “Yes” to Mike’s Instant Income… and, I’ll send you specific trade instructions every Tuesday and Thursday morning!
Each recommendation will include:
- Credit amount to enter as a Limit Order
- Safety Net for either a mental or actual stop-loss
- Profit Target for locking in profits prior to expiration
All you do is spend about 3 minutes entering the trade and then go on your merry way.
Mike’s Instant Income makes trading so set-it-and-forget-it easy, you can start collecting income before you even get around to reading a single word in Mike’s Weekly Cash Roundup!