Options Alerts Newsletter on TheStreet.com
I recently signed up for the Options Alerts Newsletter on TheStreet.com. In it, Steven Smith, an options expert, provides a model portfolio as well as weekly updates to his positions. Any changes to the model portfolio results in an alerts email being sent out explaining what he’s going to do and for what reasons. So far I’ve found the service to be worthwhile. Although I haven’t carried out any of his trades yet as a result of my account not being margin enabled (A margin account is a brokerage account in which the broker lends the customer cash to purchase securities. The loan in the account is collateralized by the securities and cash. If the value of the stock drops sufficiently, the account holder will be required to deposit more cash or sell a portion of the stock), I plan on enabling the feature once my portfolio hits a certain value. I’ll need approval of my brokerage firm to trade on margin but I would expect with my gaining experience in the market there won’t be any problems.
If you’re interested in options trading and how it’s best optimized, give his newsletter a shot. I’m currently in a 30 day trial period. As the trial goes along, I’ll update with any results I’ve had as a result of his newsletter.
Add New Comment
Viewing 2 Comments
Thanks. Your comment is awaiting approval by a moderator.
Do you already have an account? Log in and claim this comment.
Do you already have an account? Log in and claim this comment.
Do you already have an account? Log in and claim this comment.
Add New Comment
Trackbacks