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Earnings Season Is Gold to Some Option Traders

28 February 2010 View Comments
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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.

Just think of the value this software brings to the table. How many hours have you lost in your life by manually back-testing your option strategies? Now you can spend less time doing the research and more time trading. This is a product that will really change the way option traders invest.

Option Trading Results for Week 1

The Options Toolkit has just released its earnings tester, and after using it just one week, I have had great results. I made 4 different trades and yielded about 30% net. That is after paying commissions. The software quickly back-tested these stocks for me and gave me the data and confidence I need to make the trades.

Again, using other popular, options software can take several weeks just to gather the information that the Options Toolkit can provide me in 1.2 seconds. I personally don\’t have the time or energy to back-trade by hand anymore. I\’ve spent so many hours of my life doing it, and I can say I am so grateful to San Jose Options for developing the Options Toolkit. This is the options tool that I have really been waiting for.

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.

Anyway, you get the idea. I used to use very expensive options software to find these same types of trades, and it took me so many hours to find them. I can\’t tell you how many days and nights I\’ve spent at my pc back-testing my ideas. It\’s been worth the effort, but it\’s time to move on to a superior piece of options software, the new Options Toolkit by San Jose Options Mentoring.

For more information about the Options Toolkit and the San Jose Options Mentoring Program, please visit www.SJOptions.com and receive your Free 45 Minute Video on Option Trading Greeks. Learn what Low-Stress Option Trading is all about. You can get a unique content version of this article from the Uber Article Directory.

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