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Option Trade Alerts are reports about my trades so you can compare your analysis of what happened with my analysis. I will then give you my suggestions about what changes if any should be made in the options positions.
Once you've gone through this first training session, become familiar with the terminology, have the Program up and running, and watched one trading strategy for a two-week period, we will begin to accelerate the learning process. First we will manipulate the original options positions (covered call writing) if appropriate, and then, two-weeks later, we'll began to test out other option strategies.
The examples that I'm going to give you deal with 1000 shares of stock and 10 options. 10 options is the equivalent of 1000 shares of stock. But when you are actually trading for yourself, you can deal with as few as 100 shares of stock (one option) or any increment of one hundred. And of course, you can deal with more than 10 options at a time.
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