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Sunday
Sep252011

61.76% Gains for SK OptionTrader as Another Profitable Trade is Closed

Even in times of market turbulence SK OptionTrader continues to close profitable trades for subscribers. Our model portfolio gained 33.70% over August 2011 and we have now realized these profits for subscribers, closing with profits of 61.76%!

We told our subscribers that “...we hereby signal to purchase SLV Jan 21 '12 $45 Calls at $0.68” on July 1st. After significant rise in all of our positions resulted in gains of 33.70% for August 2011, we decided to take profits, “we hereby signal to close our existing position in SLV Jan 21 '12 $45 Calls at $1.10 for 61.76% profit on the trade”. This means that if one had invested $1000 in this trade alone, then they could have gained $617.60 in profits which would have payed for a 6 month subscription more than 3 times over!

Although we retain our bullish long term views on gold and silver, we felt that in this time of consolidation it would be wise to reduce our exposure. As such this trade has been closed with an impressive 61.76% in 83 days.

Currently the SK OptionTrader model portfolio is up 407.38%, which means a $10000 portfolio invested in accordance with SK OptionTrader signals would now be worth $50,738.14. On average a position gains 42.43% in 45.85 days, which provides an annualized return of 113.83%. So now is the perfect time to open a subscription with SK OptionTrader and begin increasing the profitability of your options trading portfolio.

For those subscribers who are too busy to trade their own accounts we are now able to offer Autotrading programs with our SK OptionTrader service. One can sign up for autotrading with Global AutoTrading or eOption.

 

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