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The Options Hunter. Presented by: Dale Wheatley. Summary. This introduction seminar will provide viewers with the basics of how to locate the best options candidates by teaching technical analysis(chart pattern recognition). . Weekly web seminars.
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The Options Hunter Presented by: Dale Wheatley
Summary • This introduction seminar will provide viewers with the basics of how to locate the best options candidates by teaching technical analysis(chart pattern recognition).
Weekly web seminars • We are doing weekly web seminars on a subscription basis and it is a “hands-on” learning process that actively involves each member and charts will be monitored and explained by me each week until the group is clearly understanding how and why we use options to leverage our profits and why this is the most desirable method of investing for greatest returns.
What You Will Learn • Chart Analysis to determine the best patterns to achieve greatest % gains • The extraordinary power of compounding money- You could retire in a less than a year, starting with less than $1,000!! • Goal Setting to determine your starting point and your desired results • Why options offer you a great alternative investment Limited risk, but unlimited potential!
What is an Option? • Stocks Vs. Options • Stocks • Ownership • Voting Rights • NO Expiration • Profit from upward movement over time • Options • Right to Buy at certain price • Right to Sell at certain price • Expiration Date • Profit from Downward and Upward movement in much shorter time frame
Benefits of This Strategy • Anyone can do this strategy even starting with very little capital. • Risk is very limited with unlimited upside potential • No Day Trading Required • Extremely high % gains from the power of options leverage • Ability to Compound Your Capital Quickly
What does it take to succeed? • An open mind!! Ability to step out of the box and throw away preconceived notions of how to look for the correct stock-option choices. • Clearly defined goals • Importance of clearly understanding chart patterns and subtle changes in indicators • Patience to just wait until everything sets up properly
Links to learn about options • http://biz.yahoo.com/opt/ • (general info about options) • http://simulator.investopedia.com/stock/game • (Fake trading acct to practice your skills)
Inter-market Relationships • How different markets can give us valuable insight into our own markets • Finding the best chart patterns to allow us to leverage the incredible potential of options • Using sector/group/stock approach to locate potential trades easily • Why our risk becomes almost non-existent with the correct patterns and patience
Yahoo most % Gains Calls 33 times your money in 1 day!!!
When to buy Calls! • Focus on weekly and daily charts • Look for a double bottom “W” shaped pattern • Higher second valley point on indicator • Upside divergence • Be certain the weekly chart is in agreement with daily and not moving in opposite direction
When to buy Puts! • Focus on weekly and daily charts • Look for a double top “M” shaped pattern • Lower second peak on MACD indicator • Downside divergence • Be certain the weekly chart is in agreement with daily and not moving in opposite direction
QLGC Daily Apr 9th
Bought QLGC 17 ½ Calls for Apr for $1,000 Total cost to buy
Sold QLGC 17 ½ Calls for Apr$2,400 in 1 hour!!! Amount received After costs 1 hour later
CAL Daily Divergence-UP April 1st. Buy CAL Apr 35 or 40 Calls
CAL hourly chart near Apr Exp Stock price NOT supported by indicator Stock dropped from $44 to 38 in 2 days!!
CAL Apr 40 puts 5 cents to $1.45 in a few hours Same trading day + 2,800%
TNX-Weekly10 yr Treasury Note % rate declining % rate increasing mid 2005
HGX-Weekly Buy put options or sell short Downside divergence between price and MACD Weekly losing downside momentum
CTX-Weekly Downside Divergence
US $- Daily Chart May-June 2006 Upside Divergence on MACD daily
CRB Index-Daily US $ up Commodities Down May-June 2006
Unleaded Gasoline Futures Downside divergence Upside Divergence
Valero Energy Downside Divergence Upside divergence
Lumber Futures Upside Divergence
LPX-Daily Chart Upside divergence
NAT-Weekly Good call option trade Strong upside divergence
FDX-Weekly Good Put option trade Double price top Strong down divergence Below signal line
DW Option Hunter • Weekly webinar on Thursday at 7pm Eastern time • Active learning process • Shared Responsibility of teacher and students • Cost: $99 per month but the value is Priceless • Subscription sign-up http://www.aiqsystems.com/optionshunter.htm