Here is the correct link to Wise Options. The link Rhogaine posted goes to a software site for horse breeders http://wiseoptions.com/ Good trading- Don-
Equine enterprise management hmmm.......nice site though...But I have wiseoptions bookmarked over the past two years and i have been watching
wiseoption subscription fees are brutal - even higher than Optionsmart - with a lower success rate than Optionsmart for QQQQ credit spreads. Premium Strategy SPX, OEX & XEO $1,890 yearly.
Here are the new allocations posted in the spreadsheet attached.... OS sold one of the spreads and I reduced the allocation for the re-entery as we have one spread open currently and they only have a max of two open at the same time. We have yet to get a straight option opened from OS since this thread and I left the allocation small, as there can also be two of those opened at the same time. I increased the shorter duration allocation in Crowders methods of Gap and Extreme.. Michael B.
I have had some questions about allocations in PM's. When you autotrade with TOS or OX or Investrade you can control how much dollars goes to the signals. You must configure it. There are many choices and I choose the "specify dollar amount choice" as I am more active in money management. But all of this is meaningless if you do not have systems with an edge. I would be happy to post more detail of the advisories, but I do not have their permission and I have not asked out of fear of being cancelled. Michael B.
Sorry about the link, I seem to do that often with the URL for Wise Option. Electric, they, (Wise Option) would offer a good way to diversify your current portfolio. He seems to do a very good job managing Iron Condors on the indexes. After a few months though most people can probably do it themselves as it does not take much work. You must also remember that we are at historically low levels for volatility and when the big V kicks back in Condors might not be a "wise" choice. Sorry, had to do it. This is why I prefer Crowder Investments. He is in and out and does not expose himself to the market for more than a third of all trading days. I also like your choice of Options Smart although I do think their fees are a little high for the investor that only wants to invest $3000 to $5000. I also came across an intersting site that monitors all of the auto-tarde advisories. A Hulbert for auto-traders. It is called hmmm, if I can remember, pro-stock-options, or something to that effect. Search and you will find. Anyway, it seems like a wonderful service although, once again I am a little hesitant to pay $99 a month for the service. If anyone can give feedback regarding their service it would be greatly appreciated.
rhogaine, Thanks for your input. This thread has developed into an interesting source of info.. I wanted to approach education from a different angle, but this thread sort of backfired on us a little as I would need permission to post signals even after the fact. I am sure it would be ok with Crowder and Optionsmart as I would not post them before the fact, but then comes the question of ET policy. I would not really be setting a good example. I continue to post allocations as some of the readers requested that I continue, and others for their curiosity, if I am able to survive. Michael B.