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SUPER VOLATILITY OPTION TRADING;The Ultimate low risk useage of cheap out-of-the-money contracts to create regular income. (The MENTAL MAGIC series) [Kindle Edition]

James F. Coyle
3.5 out of 5 stars  See all reviews (2 customer reviews)

Kindle Price: $2.99
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Book Description

Possibly the ultimate low risk, low outlay method of playing the options market.
This methodology is based on market-maker inertia. I noticed early in the piece that market makers in general were not right on the ball and in many instances lagged behind the market. I considered this to be psychologically advantageous......if I could figure a way to use it. And eventually I did exactly this.  I based my options play on "way-out-of-the-money" contracts which were dead cheap. So I had little to lose but a lot to gain...and this is exactly what happened. The system worked brilliantly and better still it seemed that nobody anywhere had picked up on it. I even incorporated a form of "insurance" so that even if the market went the wrong way (and it sometimes did) I would lose very little. I only ever invested $1000 - $2000 at any one time as I treated the whole thing as a hobby but still made a "living wage" out of it. The best result I ever had was a $12,000 return for a $1500 outlay over a 3 day period. I eventually gave up on it all when I got remarried and my new wife objected strongly to my getting out of bed at 4am each weekday to check the American markets! Also as editor of the Australian Lateral Thinking Newsletter I had an increasing workload and I needed all my mental energies for this outside-the-box thinking. I strongly suspect that in the right hands this unique methodology could produce considerable financial windfalls. When I first started playing options many years ago I puchased a batch of "hot shot" trading systems that were "guaranteed" to make me wealthy. One of them cost me $7,500. It was a disaster. Overall I spent around $13,000 on these various systems. They were all a total waste of money. This volatility method I evolved will only cost you the price of a Starbucks coffee....so what have you really got to lose?


Editorial Reviews

From the Author

James F. Coyle is the author of 20 books all available on Kindle.
To search for these go to any amazon page and in the search box type - "james f. coyle"
or go to his webpage (www) mindtech.com.vu             

Product Details

  • File Size: 236 KB
  • Print Length: 19 pages
  • Publisher: Amazon.com (May 18, 2011)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B0051J8MKK
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Enabled
  • Amazon Best Sellers Rank: #597,558 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

3.5 out of 5 stars
(2)
3.5 out of 5 stars
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Most Helpful Customer Reviews
3 of 3 people found the following review helpful
2.0 out of 5 stars Very basic January 28, 2012
Format:Kindle Edition
If you're new to trading or trading options, steer clear of this. The basic premise, like so many trading methods, does not delve into the "problem" scenarios.
He makes an assumption of finding stocks in a channel with a certain amount of volatility and that the stock will continue in that channel.
Everything he states is true *assuming* the stock continues to be volatile in a 6-8 week timeframe that he proposes. If not, this method can lose a lot of your investment.
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1 of 1 people found the following review helpful
5.0 out of 5 stars Best for new option traders January 30, 2013
Format:Kindle Edition|Verified Purchase
This is a system that makes a great deal of sense. Use this with stocks that move up and down a lot, and there are plenty of these. Apply this method when they hit the top or bottom of the Bollinger Band. For a book that costs practically nothing it is the best out there. Will help you get going in options without taking big losses right off the bat.
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More About the Author

I live in the beautiful Island country of Vanuatu which has twice won the award as the worlds happiest country.
I am semi retired but still enjoy writing and sharing knowledge with others.
Mindpower has been an obsession with me since I was around 13 years old.
I live on an absolute beachfront property inside the Port Vila Harbour.
My main hobby interests in life have been flying, skydiving, jet ski racing, scuba diving and more recently helicopter flying.
I owned the Australian Lateral Thinking Newsletter for many years so tend
to think outside the box.
This has helped considerably with my mindpower research.
My personal website is at - http://www.mindtech.com.vu

(James Coyle was the original creator of all the various MIND SURGE and MENTAL MAGIC programs which sold internationally via various websites under his pen name of JIM FRANCIS.)


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