Here is my June option trading result.
I started June with just $629.29 in my account as a test project just to show everyone what option investing can achieve.
With the power of option, I get to capture downside/upside gains with very minimum risk. With the market free falling, I decided to long my put position and take short term profits right when I was able to capture the downside moves of the market.
I have ended the month of June with $4,659.62 additional profit. Almost 800% profit from what I have started. Not a bad month with what you are able to leverage on the downside.
I will keep a tight score card for the month of July since the market has hit official “Bear” market based on the technical indicators covered by major media in the news last week. Keep your eyes open for any rally, as you should short into any strength on retail, banking, financial, real estate, and high tech industry. Long your position on weakness on oil, gas, defense, energy, and farm goods.
Happy hunting everyone!
About Andy Huang
Andy Huang brings years of results-driven technology marketing expertise to the position as Speaker, Coach, Trainer, Analytic & Google Partner. He has the innate ability to combine traditional and cutting edge marketing methods to quickly grow brand awareness and increase market share across 197 verticals and over 300+ clients. One was acquired in 2015 for $37 Billion, another in 2013 for $1.1 Billion both Nasdaq listed. With extensive experience in revenue driven servicing His aggressive implementation of these strategic proactive revenue planning & marketing efforts rapidly impact all of clients business’s bottom line.
Now with business blogging on the internet, Andy Huang will share with you some of his most successful business resource and strategies to help fuel your success online!