Thursday, 29 December 2011

Option Traders It's Earnings Season

By Johnny M Junior


Guess what option traders? There's a new options back-tester on the market that you need to know about. San Jose Options has just released the Options Toolkit which can back-test option strategies instantly and gather you organized data, helping you construct new trades with further confidence.

Personally, I'm extremely excited about the Options Toolkit because I have been into back-testing for many years now, so I understand the value here. What used to take me weeks to do, will now take me a matter of minutes with this new options software.

Imagine the power this brings to you, the investor. By gathering this data so fast, option traders can confidently put on trades that they would never be able to do without the software. Spend less time researching trades and more time forward trading. This is truly a product that I believe will revolutionize the way each option trader invests.

Option Trading Results for Week 1

This was the first week of using the Options Toolkit, and I personally made over 30% on four trades in my real option-trading accounts, and the exciting thing to me is that these four trades only took a few minutes of my time. I just did the research in the Options Toolkit and then took advantage of earnings on 4 different stocks.

I think the options market has really needed a tool like this for quite some time now. The Options Toolkit is what every options trader needs to refine his strategies to perfection. It's definitely the best thing on the market to gather data on trades and to find upcoming trades with higher probability.

Here's an example of what I can do with the Options Toolkit. I simply type in AAPL, fill in some parameters, and then I click my mouse. In just a second I can see that AAPL is an excellent candidate for an overnight earnings play. It has averaged over 20% on this strategy for quite a while now. Without this software, it would take me hours to make these calculations. I can now enter another stock and get its data. After using this tool, I'll never go back to manually back-testing my ideas.

Well, that's about all I have time for at the moment. I just wanted to get the word out about this new tool by San Jose Options. It's been a big project, and but it's worth the wait. I'm loving the new Options Toolkit, and I'll be using it in my studies and trading from now on. It will be developing as time goes by, but in this first release, the earnings tester is awesome and it's helping me make some money which is the bottom line.




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