Power of Options
Finally, anyone can easily trade the options market because OptionTrader does all the work.
With the new features in OptionTrader we are automatically trading the most liquid options and can set limits on spreads – two critical elements for profitable option trading.
Why Trade Options?
Options provide the best of all worlds. With options you can:
• Increase Profits
• Generate Income
• Limit your Overall Risk
Options can dramatically increase trading profits. In the example to the right, we compare the same trades on the stock versus selling options. Profits were nearly three times higher trading options, while losses were about the same.
We can also use options to generate income in our accounts, by selling time premium to the market using Covered Calls, Butterflies and other methods. All you have to do is decide which approach to take for a given chart…
Harnessing the Power of Options with OptionTrader 3
We designed OptionTrader to simplify the option trading process. Given a goal, the software will tell you which option method to apply.
How do you know when to generate income vs. placing a directional trade? How do you establish your chart levels? These questions and more are answered in Ed’s Course.
OptionTrader is the best options trading platform in the world. Combined with the new Options Course, you will be able to engage the options market with confidence. We guarantee it!
We built OptionTrader with three goals in mind:
Make options trading easy.
Automatically identify the most profitable options method for any trade.
Automatically test options methods on historical data in OmniTrader.
Success with Options
Nirvana Customers share their experiences and insights.
New OptionTrader "sees the light"
I just started trading options several months ago in order to make best use of my resources, and have suspended trading equities for now. I have not had a Return on Investment on my winning trades of less than 40% and I have only had ONE losing trade since starting!
An Option Trader's Comments
Investing in stocks looks attractive but the capital requirements are huge. Options, on the other hand, provide a low cost entry to the market and can provide diversity with hundreds of stocks, indexes and futures that offer options opportunities.
I believe the confusion for the aspiring option trader is the many combinations of calls, puts, long and short positions that can be derived. The inclusion of weekly options and LEAPs just compounds the decision in what to trade, when to trade, and what combination of strike price and time element.
Nirvana’s software integration with gxtrader will enable me to quickly set my buy/sell position, and instantly have my target price and stop/loss level confirmed. Plus, I do not want to be at my computer during the entire market trading day.
Nirvana is key to my future with their existing platforms and expanded features in OptionTrader.
Unique Oppurtunities with Options
My favorite strategy is controlling a significant amount of stock with very little money—if any at all. A few years ago IBM was around $90 per share, it would have been expensive to buy 1,000 shares, so I purchased 10 calls at the strike price nearest the price of IBM four months out, then I sold 10 puts at the same strike price four months out.
This actually put money into my pocket because the puts paid for the calls plus some. This also created a “synthetic long” position with Delta at about 100% (which means, for each point of movement in IBM, my position would move the same amount.) This was done on a Friday, On Saturday I left for Austin, Texas for the annual Nirvana Club Meeting.
When I returned Monday evening the price of the stock increased $6. Therefore, when I liquidated my positions Tuesday I had a profit of $6,000.
OptionTrader Makes Option Trading Easy.
On February 12, FedEx (FDX) generates a Buy Signal and has a good chance of reaching 50% of the prior range, at about 148.*
* In our free course, we teach you how to identify optimal targets in any chart using basic principles.
We placed a TARGET at 148 and a STOP LOSS just below the prior Low Level in the Chart, because this level is Primary Support for FDX.
Now let’s search for the Option Trade with the highest “Reward:Risk” (Profit to Loss) Ratio.
OptionFinder determines the March 140 Call has the highest Reward:Risk at 6.52.
We can also see that the Strategy with LEAST RISK is the Naked Put Strategy with a Risk of only 15% using our Loss Level.
OptionTrader Draws the Profit & Loss Curves for your chosen trade right on the chart, so you can follow the Levels.
We can also see where the Break Even Level is (the yellow 0% Line) and when the contract(s) will expire.
Then, you can easily adjust Profit or Loss Levels right in the chart (can also use Trailing Profit Stops).
Stops can be based either on the value of the Option Position OR on the actual Underlying Chart Levels.
No other options program has this important feature.
We just turned a $114 investment into $1,932!
OptionTrader Features ... Click here to discover how the unique features of OptionTrader make options trading Easy, Fun and PROFITABLE!
The Ultimate in Automated Options Trading ... Click here to discover the Option Masters Groups (OMG). Yes, it IS possible to double an account every year!