What You Will Need
1
Basic Knowledge of Option terms
You should understand what options are and be familiar with:
Market, Limit, & Stop Orders
Calls & Puts
Strike Price
Expiration Date
2
Options Trading Approval
You must have “Level Two” options trading with your brokerage. This level will allow you to buy and sell calls and puts.
0
1
2
Required
Req.
3
3
A small Portfolio
Make sure you have sufficient funds to trade.
$5
Average Alert Price
Most Option Contracts will be Between $500 and $1000 per contract.
1 - 2
Trades Per Week
If you wish to trade all of our alerts, be mindful of our trade frequency.
3
Month Holding
We typically buy and sell within a 1 to 5 month period, consider your ability to hold positions.