Your job is to time your entry by waiting for a correction, opposite to the trend, and enter your tr...
Juan Sarmiento is a veterinary pathologist (DVM, PhD) who began trading stocks in 1991. In 1995, he began to trade options using the Elliott Wave theory. Between 2003-2005, Dr. Sarmiento evaluated and tested different option trading strategies, finally discovering and optimizing the "Genie" trade, a low risk/high reward strategy suitable for many market conditions. Dr. Sarmiento maintains the Web site, PutCallGenie.com, where participants exchange ideas and link to his weekly trades, dozens of video tutorials, with detailed explanations about his trading strategies, technical analysis and Elliott Wave forecasting, and live trading. Dr. Sarmiento trades based on the leverage and risk management features of options.
Content from Juan Sarmiento
Traders have an advantage over stock buyers, particularly when the markets are at or near their all-...
Before entering an options trade, be aware of the extrinsic value and the break-even point, says Jua...