Last year trades I did using the Trading For Pennies Strategy earned a return of 142%. The percentage return sounds big and I do not want to diminish how good the return was, but percentages can be misleading. These were all short-term trades using small amounts of capital so the return does look exceptional. Please keep that in mind. I used the Russell 2000 ETF with the trading symbol of IWM last year. Often though I found it difficult to get fills as options on the IWM are not traded as heavily as on other indexes. For 2014 I changed to the SPDR 500 ETF with the trading symbol SPY. Options are much more fluid with higher volumes and tighter trading patterns of one or two cents at times, making getting filled on the buy and sell side simple and direct. As I do both Spy Put Options and Spy Call Options it is imperative that I can get in quickly when the entry signal is given and get my fill immediately and at the same time exit quickly and sell all the contracts almost instantly. I often do as many as 100 contracts which at times was difficult for the IWM ETF to get all filled for the same price. This is not the case with the SPDR 500 ETF which trades thousands of options each day.
SPY ETF – Trading For Pennies Strategy Trades for 2014
This is article is an update to the latest trades in the Trading For Pennies Strategy for 2014 using the SPY ETF.
This FullyInformed USA Members trade update can be directly accessed through this link or USA Members can login here. Non-members can join here or read about the benefits of a membership.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
Trading For Pennies Strategy Links For Members
The Trading For Pennies Index Page (A Great Place To Start Understanding This Strategy)
The Trading For Pennies Strategy Explained (Learn the Strategy Here)
Different Trading Platform Settings
Trading For Pennies Trade Alerts (trade alerts as they happened)
Trading For Pennies Strategy Trades For 2014
Trading For Pennies Strategy Trades For 2013
Trading For Pennies Strategy Trades For 2012
Other Articles About This Strategy
FullyInformed Members Questions And Comments
Frequently Asked Questions About The Trading For Pennies Strategy