The core strategy is selling naked options on a handful of highly volatile commodities, mainly crude oil, gold and silver. Small wins are fairly common, until they’re completely wiped out by the inevitable blow-ups. It’s the essence of picking up pennies in front of a steamroller. In April, many members took massive losses that could take months to recover from, and that’s only if everything goes smoothly from here. These aren’t black swan events - every few months, there’s a sharp move, and months of small profits are wiped out, and then some.When trades go against you, the go-to “solution” is to roll further out, locking in losses while doubling down on risk. Over time, the average days to expiration of trades have gotten longer (90 days plus), which increases exposure and reduces the benefit of theta decay. During periods of high volatility, bid-ask spreads go through the roof, and margin requirements can spike 50% or more, compounding the damage. There’s little focus on understanding or managing the systemic risk inherent in these commodities. Since most of them trade overnight during the week, you can wake up to a screen full of red with no good exit options.The course fee isn’t worth it. Whatever the price is now, you'd be better off using that capital to trade small and learn by doing. The polished marketing doesn’t reflect the real risk you’re signing up for.
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Short Option Success is a 1 year, fully immersive, comprehensive, coaching and shadow trading program aimed at helping traders achieve consistent returns of 5-15% per month and win 90% or more on their trades.
The program includes:
Personalized coaching sessions with Thomas Hurd Jr.
Real Time Shadow trading of Thomas Hurd Jr.’s trades.
Personal assistant coach assigned for your first 90 Days.
LIVE real time instant messaging support and personal help.
Access to exclusive webinars, videos, and training materials.
Private membership in our interactive, SLACK community.
Minimum of 3 LIVE Zoom coaching sessions each week.
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