downI started the new “trading strategy” this month. It’s options-intelligence.com and frankly speaking, I don’t even see it as a “strategy”. There’s very heavy reliance on the picks and the service is so vague and the service provider so fickle-minded. One e-mail says to buy if it goes through XXX price, and next e-mail says to sell it immediately because of market conditions (even though the stock/index met his price conditions). This is what happened with CROX and I was fumed. It was also my fault for not starting small with these picks resulting in a big loss.

Options-intelligence has two services, Dave’s play and Core strategy. My friends and I bought the Core Strategy system which is a membership that lasts a lifetime. The core strategy consists of 13 counters (stocks and indices) that is to be traded during the options expiry week (3rd week of each month). Included with the package is access to the options-intelligence blog which posts the blog owner’s trades from time to time (blog owner and OI owner is different, surprisingly). Although I’m dissatisfied with the core strategy, a few of my friends told me that the picks on the OI blog is really good so the purchase was well worth it after all.

Picks from Option-Intelligence core strategy this month are: DIA, QQQQ and CROX.

Only two star trading system pick this month (AGE and CHRW) because I went for a vacation during the Chinese New Year holidays.

Balance after exit trades made in November: $3,800.04 (-20.24%) *OUCH*. Click “read more” to see my trades.


Account Trade History
EXEC TIME SPREAD SIDE QTY SYMBOL SPC EXP STRIKE TYPE PRICE NET PRICE
2/1/07 23:21:10 SINGLE BUY +3 AGE 100 MAR 07 65 CALL 3.30 3.30
2/14/07 00:31:57 SINGLE SELL -3 AGE 100 MAR 07 65 CALL 2.15 2.15
RETURN: -34.85%
2/12/07 22:30:52 SINGLE BUY +1 DIA 100 FEB 07 126 CALL .60 .60
2/13/07 00:45:26 SINGLE SELL -1 DIA 100 FEB 07 126 CALL .50 .50
RETURN: -16.67%
2/12/07 22:35:19 SINGLE BUY +2 QQQQ 100 FEB 07 44 CALL .34 .34
2/14/07 23:02:41 SINGLE SELL -2 QQQQ 100 FEB 07 44 CALL .45 .45
RETURN: +32.35%
2/12/07 23:32:11 SINGLE BUY +3 CHRW 100 MAR 07 55 PUT 4.20 4.20
2/15/07 00:31:01 SINGLE SELL -3 CHRW 100 MAR 07 55 PUT 2.95 2.95
RETURN: -29.76%
2/13/07 22:36:25 SINGLE BUY +3 CROX 100 FEB 07 55 CALL 1.30 1.30
2/13/07 23:44:49 SINGLE SELL -3 CROX 100 FEB 07 55 CALL .55 .55
RETURN: -57.69%

Total Loss for the month: -106.62%
Average Loss for the month: -21.32%

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