I have a fascinating story to tell you, a true story, which includes the fact that I did have losses on the way to discovering how to avoid losses in trading.
The story actually began in January of 2006, when I met a man who claimed to be making $50,000 per month trading options. I know, I know, “options” is a bad word. The word “options” immediately scares away a lot of traders. It’s true many will read no further. So the rest of my story is for those of you who are imaginative enough to continue reading. What I have to say is the absolute truth.
Obviously, $50,000 a month caught my attention, and I decided to look into what the man had told me. Actually, he didn’t tell me much, and I had my doubts as to the truth of his story, so I procrastinated.
It took me a few months to get around to experimenting with what I thought he had said. In fact, I wasn’t sure of what the man actually did other than that it involved selling, not buying, stock options.
I was pretty sure the man was a multimillionaire and that if he made that kind of money trading he must have had a huge account. It turns out that I was right on both counts. It is also true that the man never said a word about not having losses. If he had said that to me, I would have been immediately turned off, and dismissed him as being some sort of lunatic. Yet today, if you continue reading, I am going to offer you an opportunity to learn a way to trade in which I will guarantee that if you do precisely as I say, you will not experience a single loss, while earning instant income.
To begin my experimentation, on the 10th of August, 2007, I opened a $10,000 trading account in my wife’s name, and began selling covered calls on blue chip stocks. I was immediately successful: 4 ½ months later the account had doubled to $20,000. I closed that account, and started selling a few covered calls in my own trading account in mid-December 2007.
As share prices began to fall, I found myself owning shares of great companies at prices higher than the market. I had collected premium on call options that had expired worthless, and the premium was mine to keep, but I was losing on the share price. I’m thankful that I chose the shares of great companies because I continued to receive dividends on those shares throughout the time I was stuck with them.
With a good portion of my money I’m a trader, not an investor, and at the time I was not looking for dividend income. I wanted to free up my non-investment money for trading.
As prices continued to fall, I began selling uncovered put options. Volatility, as measured by the VIX, was rising, and put option premiums were moving higher. From time to time I was put a stock, and became an owner of shares in great companies. It was not exactly bad, because I was often able to sell covered calls and collect the company’s dividends while I waited for the shares to be called away. In fact, today if I want to own shares with the investment portion of my money, the only way I will buy a stock is by having it put to me. I have written as many as 10 puts and collected 10 premium payments on a single stock before I actually had shares put to me on companies I wanted to own. By the time I was put, I possessed the shares at an enormous discount to the market’s existing price at the time I became the owner.
The strategy I just described is all anyone would ever need to become wealthy. Simply sell naked puts on great companies until such time as the shares are put to you, and from then on be a happy owner collecting dividends and compounding them through reinvestment for the rest of your life. The only possible way to lose would be if the company went out of business. But if you own shares of great companies like Coca-Cola, Johnson and Johnson, or McDonald’s, what are the chances of their ever going out of business?
There is the additional possibility that when the stock is put to you, you could turn right around and sell a covered call, thereby reducing your costs of ownership even further in the event you didn’t want to continue to own the shares.
Yet that was not what I wanted! For the trading portion of my money, I decided I wanted to never have to cover an uncovered option, and never actually own the shares. I finally found the way. I did it with my own money, my own trepidation, and at my own risk. I know, and know that I know, that what I am willing to show you does work. Still, it’s not for everyone, and I’ll tell you why.
To do what I do, you need a lot of patience, or a lot of money. Since most people have more patience than money, I can tell you that you must have at least enough money to be able to buy 100 shares of a $20 stock = $2,000. I can also tell you that the return in dollars would be very small, but on an annualized basis it would be considerably more than anything you could get at a bank or a money-market mutual fund. Depending on volatility, your return on margin will be as little as 15%, or as high as 80% or more, on an annualized basis. Most probably you would average between 25 and 45 per cent per year on margin.
You should be able to follow the strategy using any stockbroker. If you want a referral to one we trust and recommend, we are happy to refer you.
The strategy I use is good for three things:
- Wealth building over time (patience)
- Current income for those with sizable accounts
- The highest level of safety I have ever seen
Selling uncovered options is nothing new. Doing so has been around for a long time. Having to cover an uncovered option is nothing new. In fact, any and all of the strategies I’ve discussed above could make you wealthy, and none of them are new.
What is new is never having to cover an uncovered option. What is new is never having to own shares of stock. What is new is that you never have to take a loss. When done correctly, you will have the best of what is new. You can accumulate wealth with option premium without losing money. You can make your living by selling options without losing money. I will guarantee that in writing, as long as you are willing to do exactly what I say.
Here’s my offer:
You view a special two-part
online seminar. In Part I, I discuss the strategy
. It will take only an hour or so. If you have already been exposed to the Money Master strategies
shown in my e-book, or if you have taken the Money Master mini seminar
, you will still be shown something new.
In Part II, you will view a workshop in which I will walk you through various trades and the things that can happen. The workshop is also very brief, no more than a couple of hours. The purpose of the workshop is to prepare you for the actual trading, which can begin as soon as you feel ready. During the two-month guidance period, you can take real trades, or trade on a simulator, until you feel comfortable with the technique. The important thing is not making trades, the important thing is that you learn the technique.
The strategy seminar and the workshop are recorded, and are available online for you to access anytime you decide that you want to view them again.
Each day I will make a recording prior to the market opening to explain any new trades and to discuss any open trades. I will be available for questions via email every day, and will discuss both questions and answers in the recorded message. No matter where you live, you will have access to the recording before the market opens.
I will personally guide you day-by-day for 2 months from the time you begin taking the course. I will present suggested trades for your consideration. During that time I guarantee that you will not lose any money trading as long as you take only the trades I offer for your consideration, and manage them according to my instructions. You do not have to take any of the trades if you don’t want them. To be able to take every trade under consideration would require a very large account. You can still learn the technique even with a small account. During the two-month training, you will begin to understand that even with a small account you can quite quickly begin to compound your money. Everything you need to know will be revealed in the presentations and during the guidance period.
Trades offered for your consideration will range from $20 to $85 per share. There is no way to know in advance how many trades will be available at each price for your consideration, but based on my own trading, it is possible to create one or more new positions every day, provided you have sufficient funds. These trades are not rare, and they regularly occur within the $20 to $85 range. Keep in mind that what is important is not how many trades are made, or if you take even a single trade. The important thing is that you learn the technique and the management during the two-month guidance period.
- Most brokers require a margin of 20% of the cost needed to buy one hundred shares per option sold.
· You will learn how to select the right stocks for uncovered option selling.
· You will learn how to manage the trade.
- You will learn how to compute returns on both margin and principal, and how to annualize your returns.
Most trades will last as much as six weeks. Others will last two months or more. During the two months of day-by-day guidance, you will see why we sell the options we do, and you will realize that if handled properly, you will probably never have to buy shares on the stocks for which you have sold uncovered options. One objective of the strategy is to never have to buy the shares.
Many other details will be covered during the two days of seminar and workshop, and many additional details will be covered during the two-month guidance period.
With the strategy you will learn, you can be as active as you want and as your money holds out. You can quickly compound your money trading every day, should you so choose.
You will be required to submit a signed and numbered non-disclosure agreement. The number will be required for your entry into the seminar and the daily guidance. Your number will be good for only 2 months. If you want to continue with the daily guidance, you will need another number that will identify you as a continuing member.
You must agree to send us a testimonial as to your trading results. That should be easy for the winning trader we expect you to become.
As you see and learn the strategy, you will begin to understand why you never have to buy shares or take a loss. Going back over my own trades for the past five-plus years, I can see that although I had to cover at times, if I had I traded the way you will learn to trade, having to cover would never have happened. If you never have to cover, you can never lose money on any stock in the world.
IMPORTANT! If you intend to participate in the program using an IRA or any controlled pension plan, there are two things you need to know:
- You may be required to put up full margin on all transactions. However, don't worry about that, because even with putting up full margin, the strategy makes much more money than you can get from your bank, a money-market mutual fund, or from government bonds and notes.
- You may have to receive permission from your broker to make the transactions from an IRA account. Some have told us they are able to trade the strategy from their IRA account.
Those who know me know I can be trusted to bring you the truth. Everyone else will find this out as we proceed.
The cost for the entire package, including the money-back guarantee, the two seminar days, and the two months of training, is $2,900. This is an introductory price. As time goes on, it will almost surely be raised. (There are no discounts due to any past purchases from us. Please don’t ask.)
The guarantee is this: If at the end of the two months of training if you have lost more money than you have made from taking the suggested trades managed the way I will show, you will receive a full refund of your seminar fee.
"Hi Joe, Instant Income Guaranteed training has been, by far, the best investment in trading I have made (and believe me there has been some earlier investments…)
I can strongly recommended this training to people who are not looking for unnecessary excitement but rather want to make money steadily by trading the way Joe teaches.
My warmest thanks to you, Joe!" -- Juha Y., Finland
"The program has allowed me to fine tune my techniques and see the strategy under a new light. For 50% of my trading, I now have a much quicker turnover and a much more frequent ringing of the cash register (what a pleasant sound… no more stress when I hear the Interactive Brokers’ sound alerting me that an order is filled: most of the time, this is premium sold or a profit locked in).
With this technique, we do have the feeling of running a business, and a quite rewarding one.
We have a plan when a trade is going against us: no more worries or stress, we know exactly what to do.
While taking “small” (related to my account size) position sizes during the daily guidance, I have already recouped the cost of the seminar at this stage (and we still have 3 weeks to go), assuming I have no loss and I lock in 50% of the premium sold.
I can only recommend this IIG program; the daily guidance is extremely useful, and will get rid of the last “fears”, if any left. That will also show us how to adapt the strategy to the different market conditions (a sharp pullback is yet to be seen, and it is important to go through these periods also to develop “total confidence”).
That’s probably one of the best strategies on earth to make money safely, with very low stress if any at all, and having a life outside trading.
After playing around with futures options for more than 5 years, this is really a peaceful experience. Highly recommended."
-- Kind Regards, Philippe G.
"The strategy was nicely explained and demonstarted on daily guidance podcast every working day. Joe
explained some other important issues (psychology, when and why to take profit, how to deal with the deal when
you under fire - roll out and down). During the 2 months daily guidance I had no loss. I find it very useful."
-- Petr Oliva, CZ
I hope you will join me soon in learning the safest way to trade I have ever seen. It starts as soon as you are ready.
Note about 2014 Christmas Holidays:
Between December 15 and January 5, no new trades will be given. Joe will still monitor open trades and send out a podcast in PDF format.
To join the seminar and two months of guidance, click below to sign up:
The price of $2,900 includes
- Two months of daily guidance