Once again SK OptionTrader has provided its subscribers with another profitable trading signal, this time generating gains of 197.14% in a little over 3 weeks. This has boosted our model portfolio to total gains of 389.58% since inception.
On the 18th of July 2011, we told our subscribers that “We hereby signal to buy the GLD Mar-12 $180 Calls @ $3.50. This trade involves simply buying the GLD March 17th 2012 calls for $3.50. We are allocating 5% of our capital to this trade.”
As you can see from the above graph, SK OptionTrader has sold within 10% of the current peak, giving the trade its massive gains of 197.14%.
The decrease in US real rates and the inverse relationship that this has with gold was a contributing factor in the recent rally to $1800 “...most importantly we think US real rates will likely head significantly lower, sending gold to $1800+ within a matter of months.” Another factor causing the increase to over $1800 was the flattening of the US yield curves and the increase in expectations of “...another round of monetary easing which will send gold prices past $1800...”
Once gold rallied to over $1800 and met our predictions, we felt that it was time to take some profits off the table. We signalled to our subscribers to “...close our long position in GLD Mar 17 ’12 $180 Calls at $10.40” on the 11th of August, resulting in profits of 197.14% in just over 3 weeks.
Buying a call option is a facility available to anyone that has the ability to trade stock options. This makes our service simple, straightforward and easy for anyone to follow, meaning that you could begin to maximise the profits of your options trading portfolio by signing up now. In fact, if you had invested $1000 in this trade you would have made $1971.40, which would have paid for your 6 month subscription nearly 10 times over!
Since our first trade just over 2 years ago SK OptionTrader has been one of the best vehicles for trading the gold market. This is due to the versatility of options and the vast number of opportunities that are provided by their use. Versatility allows us to take on an aggressive trading stance whilst our risk remains limited. Our use of options has resulted in SK OptionTrader surpassing GLD and the HUI more than 7 times over, with gains of more than twice the performance of DGP, a double leveraged gold ETN. Our use of options has continued to benefit our subscribers, with our latest trade closing profits of 197.14%.
Currently the SK OptionTrader model portfolio is up 389.58%, which means a $10000 portfolio invested in accordance with SK OptionTrader signals would now be worth $48,958.28. On average a position gains 42.47% in 45.33 days, which provides an annualized return of 119.37%. We currently have trades open which are showing gains of over 260%, and we see these positions as well as others in our portfolio gaining further!
So now is the perfect time to open a subscription with SK OptionTrader and begin increasing the profitability of your trading portfolio.
For those subscribers who are too busy to trade their own accounts we are now able to offer an Autotrading program with our SK OptionTrader service, as we are pleased to announce that we have entered into a partnership with Global AutoTrading and therefore auto trading is now available for SK OptionTrader signals
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