If March put us on the map, then April shot us into the stratosphere! This was one of my all-time best months. Winner after winner after winner. Now, I will be the first to say they ain't always going to be like this. Let me walk you through the details.
Pictures Tell the Whole Story
We put on 12 trades in the month of April. 7 Winners, 4 Losers, and one that took us on a ride to no where. The 7 winners were solid hits, with one huge takeout that scored big! Frankly, this month made it seem all too easy. I'll show you that big winner in a second.
First, take a look at the bar diagram I created to illustrate each trade during the month of April. They are in the order we put them on. After 4 trades, well... I'll let you take a look.
When reading this chart, the light grey bar is the range of the option during the life of the contract. The red and green bars are the average gain or loss by OptionsGeek members. What should be clear is that we aren't waiting around for the Options to expire worthless and we aren't catching the highs. We play for the middle. As a member you will learn exactly how to do just that.
Digging in the April Details
Let's dig in to the details. Again, they are in the order you see above. So, the trade on the far left is SNAP, and so on so forth. You'll see that the 4th trade, our biggest winner for the month is APC.
APC was a monster. 1 trade makes it virtually impossible to lose for the month. 1 Trade like that after 3 solid hits make this options game "easy."
Here is the APC chart. You can see the first bid by Chevron in mid-April and then the second bid by OXY six days later. BOOM!! BOOM!!!
Of course, any sane person takes some profits on the first move higher. At OptionsGeek, I remind people to try to be sane. Most people would take 50-75% (at least) off here and let the rest run a little with a stop. I am aware of a few members that caught the double whammy. I did not. Show me 1,000% in a week and I am pocketing every last penny.
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