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Option Wealth Club - India

Welcome to the Option Wealth Club - India!

Did you know that you can earn a regular income of more than 30% per year?

Did you know that it is possible to earn that income with index options on the NSE in India?

Did you know your income is not dependent on market direction?

Would you like to know how? Find out here!

How I Actually Did It - And How You Can Do It Too!

1.  Choose a stock to write a option on. That is easier said than done, there are not many liquid options in India! Liquidity is important, so that you can buy and sell without too much slippage.

2.  Find stock options with high Intrinsic Volatility (IV). Ideally we are looking for stock options with an IV above 90 percentile.

3.  Find the trend of the underlying stock. If it is trending up, write a put option and if trending down, write a call option. A simple look at the daily stock chart should be enough to tell you the trend. If the stock is in a range, you could use an option strangle.

4.  Find an entry point, a small pull back to a strong support to improve your chances of success. MACD (Moving Average Convergence Divergence) or the Stochastic Oscillator should provide an entry point.

5.  Decide the strike price of the stock option that you want to write (or sell). To improve your odds, write the strike price at least 1 delta away from the current price. This has a better than 84% statistical chance of making you money when you write the option.

   

Now does this look like a lot of work? I did not say it is easy, did I? But it gets easy, really easy with a little practice. And that is what this club is about!

Join the Option Wealth Club India. Lifetime membership for a single one-time payment of Rs. 1,99,999 only! (That refers to my life, not yours. Sorry!) Limited Only 9 memberships available, get yours now! Membership fees to be paid to here: Subscribe NOW!

How I Did It!

Writing Options

This was a new way to earn money from the stock market for me. I live and work in India and this method works very well for the NSE and the BSE, the major Indian stock markets. 

What drew me to writing (or shorting) options was the very forgiving nature of option writing. You can be very wrong as to whether the stock you have invested in is going up or down, and yet you can still get to keep your investment and probably also get a small return. And if you are right as to market direction, you can get a VERY good return. By very good, I mean 2 to 3 times the return that Warren Buffet gets, over the long term. 

Can you go badly wrong? Of course you can, markets are not a 100% predictable. And if you have not heard of black swan events, then this is the time to read up on them!

Have fun! As a professional, I could find just minutes in a busy work day to check on the markets. And yet, I have returned 3.8% in my first month implementing this strategy and I am on the way to  earning more than 4.7% in my second month. But most importantly, I have done it without loosing my shirt first! 

Now lets get this clear, I have been taken to the cleaners many times before by Mr. Market. But that was before October 2019, when I tried to earn an income trading options. Mostly by buying options on hot stocks It did not work out - three years in a row! But ever the optimist, I kept trying to find a way to get even with Mr. Market. And now I have found it! My fortunes changed in October 2019 when I started selling options. In retrospect, I could have done it earlier. And earned my freedom that much sooner. But I had to get rid of a few mental blocks before I could get to the point where I am beating  Mr. Market 9 times out of 10.

But enough of an overview, let’s get down to the nitty-gritty without any delay...

Shall we begin?

Option Wealth Club - India

Is it possible to earn good money consistently, trading options in India?

This is the question I set out to answer, in the end of October, 2019. Not that I hadn't "tried" earlier. But I had a new friend, an ally who was to serve me well. But I knew it not then.... 

I have finally found the nerve to follow my strategy, and the signs are good. If the first few months are anything to go by, I am confident of making market beating returns consistently. And I invite you to join me on this incredible journey in my Option Wealth Club - India !

What would I consider a good return? The benchmark has been set (for me, atleast) by Mr. Warren Buffett. What is Mr. Buffett's return? From 1965 to 2017, Berkshire Hathaway generated a 20.9 percent annual return compared to S&P 500's 9.9 percent, according to CNBC.com. While that is good enough for Mr. Buffett but not for me! With the higher risk in trading, I would not be willing to settle for a return of less than 60 percent per year. So with that benchmark set, let us see what I did!

I plan to set out my investing journey for you to follow and comment on. Initially only in the form of data on my performance, but eventually also as specific buy and sell recommendations that you may replicate in your own accounts*. The subscription is to cover the cost of my blood and tears. But don't you worry, the subscription should pay you back very quickly, so the subscription fee should not bother you in the least!

And now for the fine print:

*Any investment advice given here is as is, where is and only for educational purposes. The author is neither a finance professional nor does he claim to have a crystal ball to show him the future. Please consult your trustworthy personal finance professional before committing any funds to market. The author cannot and does not take any responsibility for any market outcome, good, bad or otherwise.