How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

17
SMB’s Options Tribe Meeting August 14, 2012

description

SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options trading. In this presentation, Jeff Augen, author of the options trading classic, “Trading Options At Expiration: Strategies and Models for Winning the Endgame”, discussed how to capitalize on price distortions in weekly options.

Transcript of How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

Page 1: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

SMB’s Options Tribe Meeting

August 14,2012

Page 2: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

1.       SMB TRAINING is NOT a Broker Dealer.  SMB TRAINING engages in trader education and training.  SMB TRAINING offers a number of products and services, both electronically (over the internet through Smbtraining.com) and in person.  Through Smbtraining.com, SMB TRAINING offers the “Virtual Trading Floor”, a community through which independent traders (subscribers), as well as T3 Trading Group, LLC traders, observe a virtual trading floor environment (as described below) for educational purposes.  SMB TRAINING also offers web-based, interactive training courses on demand.

2.       The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decisions you make, and such decisions will be

based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3.       This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy,

sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4.       SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

5.       T3 Trading Group, LLC is a Registered SEC Broker-Dealer and Member of the CBOE Stock Exchange (CBSX www.CBOE.com). All trading conducted by contributors on Virtual Trading Floor is done through T3 Trading Group, LLC. 7. The risk of loss in trading securities, options, futures and forex can be substantial. Customers must consider all relevant risk factors, including their own personal financial situation, before trading. Options involve risk and are not suitable for all investors.

See the Options Disclosure Document: Characteristics and Risks of Standardized Options. Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. Please read the following risk disclosure before considering the trading of this product: Forex Risk Disclosure. Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC).

6. No Relevant Positions

Disclaimer

Page 3: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.”

Hypothetical Trades Disclaimer

Page 4: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

Capitalizing on Weekly Option Price Distortions

Jeff Augen:

Page 5: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

Go to Optionstribe.com right now and click on: “Join the Options Tribe”

Then, join the Optionstribe chat group (takes about an hour) Post an idea in the forum for a future options tribe meeting topic Buy one of SMB’s options training products and receive a 5%

discount Find out what trade adjustments were made by our options experts

on popular options trading strategies Peruse our ever growing archive of previous Options Tribe Meetings

(past recordings now only available to paid members) Register for next week’s Options Tribe meeting Offer to make a presentation on the Options Tribe, become an

active blogger, offer up an Options Tool, or become actively involved in some other substantial way and get a free annual membership

All archived material is BACK! Thanks for your patience.

If you’d like to join the Options Tribe

Page 6: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen
Page 7: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

If you’d like to take a deep dive into this strategy and learn how to find BWB trading opportunities in virtually any kind of market then you should…..

Order the Broken Wing Butterfly Video Course—four extensive videos detailing how to trade this strategy in every market for our special introductory price of $495.

The Broken Wing Butterfly Video Course

Page 8: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

If you order now, you will receive one FREE hour of mentoring from Greg Loehr after you’ve gotten an opportunity to review all of the videos.

That’s a $350 value that we are adding to the offering for free.

PLUS…………………………….

Page 9: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

If you are interested in the “trade that teaches you how to trade options”…….?

Order the M3 Options Trading System Video Course—four extensive videos plus a detailed power point summary detailing how to trade this strategy for $795.

The M3 Options Trading System

Page 10: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

Go to our new SMB Options Training Page at:

www.smbtraining.com/overview/smb-options-training

Click on the M3 Options System “slice” in the pie at the bottom of the page.

To Order the M3 Options Trading System Video Series

Page 11: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

If you would like to learn to become an expert in this strategy---Bullish markets

---Bearish markets ---Channeling markets

Order the Bearish Butterfly Video Course—four extensive videos detailing how to trade this strategy in every market for our special introductory price of $495. This price may not last !

Bearish Butterfly Video Course

Page 12: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen
Page 13: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

John has graciously agreed to make his personal mentoring services available to SMB Options Tribe attendees on a first come, first serve basis, once you have studied the M3 video course or the Bearish Butterfly video course.

So ORDER now !

Mentoring from John Locke personally

Page 14: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

Check out SMB’s Options Training Program-to launch your options training career:

www.smbtraining.com/overview/smb-options-training

Consider a mentoring-only relationship with SMB, for the struggling options trader who is seeking a trading plan to get you back on track.

And how would I check out those enticing offers, you may ask?: Go to Smbtraining.com, click on the “Programs” tab, select “SMB Options” and you’ll see this:

And while you’re at it………….

Page 15: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen
Page 16: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

John Locke: Bearish Butterfly and M3 Trade Review

Next Options Tribe Meeting Tuesday , August 21, 2012 @ 5pm EDT

Page 17: How to Capitalize on Price Distortions in Weekly Options by Jeff Augen

Email: [email protected] Twitter: SethF _ SMB

Blog: smbtraining.com/blog

If you have any other questions…..