Cabot Options Institute - Quant Trader
Welcome everyone!
It’s a pleasure to have you all on board.
I hope all of you had the opportunity to read through the User Guide and the various reports on your subscriber page. If you haven’t, please take the time to read through them at your leisure so you have a decent understanding of our approach and the strategies we use … and more importantly how I approach risk management.
I intend to send out our first trade alert Thursday or Friday and will continue to establish more positions as we move through next week. Of course, all of this is market dependent. That being said, expect the first trade out of the gate to be a bear call spread. I want to establish some bearish exposure to start and then add an iron condor and potentially a bull put spread … all with an 80%+ probability of success.
My goal is to create a fairly delta-neutral portfolio of positions, possibly leaning a little bearish. If delta or the greeks are foreign to you, no worries, you will have plenty of time to pick up the concept. Again, no need to rush here. Be patient. I will discuss the greeks and more in our weekly issues that go out every Friday and in our live monthly webinars.
And of course, ask questions. If you don’t understand something, never hesitate to email me. That’s why I’m here. I want every single one of you to understand our approach with the Quant Trader service and the strategies we use. But more importantly, I want all of you to understand all things options and how they should be an integral part of your overall portfolio.