I have placed every trade I could afford to buy 100 shares of since October 2023. Mostly that has restricted me to BITO trades, and I am down $472 seven months into the process. Most recently I had a contract on the June 21 BITO Puts. A couple of weeks into the trade I received an alert to sell half my BITO contracts. Since you can't sell half of one options contract I was left uncertain as to whether I should exit the trade early or stay in it. I find it difficult to put $5,000-$10,000 at risk in one options contract since most of my stock positions are in the range of $1,500-$2,000 each and I only keep $12,000 or so in cash in my brokerage account. A little more specific info about how much each trade costs would have been useful before I committed to an annual subscription that I'm not able to make as much use of as I had hoped.
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The Opportunistic Trader is the culmination of Larry Benedict’s 35-year trading career. Using simple, easy-to-understand trading plays, Larry helps everyday investors benefit from the secrets that made him a multimillionaire. Subscribers have access to not only Larry’s latest trade recommendations, but an extensive network of trading industry professionals, exclusive trading resources, and regular updates on Larry’s market forecasts and current portfolio positions. It’s the best way we know of for the little guy to access hedge fund-level strategies, and consistently market-beating returns. And it’s the serious day trader’s most essential resource during volatile times.See more
