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Re: Options Utopia or ????


  • To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
  • Subject: Re: Options Utopia or ????
  • From: i386645 <girish@xxxxxxxxxxx>
  • Date: Mon, 19 Jan 1998 18:31:58 -0800 (PST)
  • In-reply-to: <3.0.1.16.19980119200409.2977463a@xxxxxxxxxxxxx>

PureBytes Links

Trading Reference Links

Are you talking about Larry McMillan's site?(www.optionstrategist.com)?

I am a subscriber to the service, and do not know about any BLISS.  Anyone else
know?

I think that Mr. McMillan sometimes contributes to RT group.  Is this true?

Girish Patel, M.D.


Don Johnstone wrote:

> I recently came across a company, Options $trategies Inc., who provide an
> Email service whereby they use about four strategies to target options
> trades.  One strategy (BLISS)involves a strangle on an index whereby your
> broker puts the premium in your account upon initiation of the trade and
> you hold it until they notify you to close the trade.  You get to keep the
> premium and don't put up any of your own money (other than for margin).
> The service costs $1,000/month and they guarantee you will net $5,000/mth
> or they will refund 150% of their monthly fee.
> They have a website at http//www.optionstrategies.com with all trades
> signalled under the various strategies. According to website info, this one
> strategey netted $58,737 for the month of (I think) October/97.
> I know a bit about options and "strangles" (selling both puts & calls) but
> this just "seems too good to be true"  Has anyone had any involvement with
> this company or know anything that they care to add either positive or
> negative? How about our own DOCTOR OEX - what's your take on this.
> Thanks