By: Steve Smith
When I originally started talking with Adam Mesh, the founder of the company that publishes Options360, he asked me what kind of strategy I wanted to use in Options360.
I explained that I wanted to use all of them. (Hence the name Options360 – meaning an all-around approach to options trading.)
For me, and without reflection on any other options service, if you have a toolbox full of tools why would you limit yourself to just one tool?
It doesn’t make sense.
I understand the idea of becoming an expert in one trade and using that trade to make money.
Heck, I’ve heard of traders that only traded a handful of stocks their entire trading career. Arguably they knew more about the companies than the CEOs did.
However, that kind of hyperfocus is not at all antifragile. Systems that are antifragile are not JUST strong, they actually get stronger when they face opposition.
Furthermore, I have always wanted to help educate traders. I think the best way to educate is to get a broad education first – then pick some specialties you want to focus on.
It’s like a friend of mine, years ago, looking into LASIK surgery for his eyes.
He narrowed it down to two doctors, one who had done thousands of LASIK procedures and was involved with the development of the procedure…
And one who had done far less LASIK, but had years of experience with eye surgery and had a deep knowledge of 4 or 5 different kinds of vision correction surgery.
They were both qualified and had good reputations.
I suggested the guy with the broader experience. It seemed to me that he would be better equipped to deal with any complications that might arise.
His knowledge of eye surgery was, in my way of thinking, more antifragile.
That’s why I run Options360 like I do.
And I must be doing something right because we’ve substantially outperformed the market every year since we began:
2015: up 122% (S&P was down .73%)
2016: up 39% (S&P was up just 9.54%)
2017: up 61% (S&P was up just 19.42%)
2018 up 67% (S&P lost a whopping 6.24%)
2019: up 77% (S&P up just 28.9%)
2020: up 46% (S&P was up just 16.26%)
And on top of that, we have been on fire this year…
For example, in just the last few weeks alone we have closed positions like:
- 98.5% ROI in QQQ in 6 days
- A strong 30.9% Return in AKAM
- And CRM for 42%
- EA for a 48% return
- TDOC for an incredible 52% overnight windfall
We all know that past performance is not an indication of future gains, but it beats the heck out of a losing track record!
If you have not taken a test drive of Options360, it’s time to finally climb behind the wheel.
To Your Success,