Yes, our founder, Morris Puma, manages his own hedge fund with his own trading methods and his own software.
We no longer do hand-picked trade ideas, since our founder launched his own hedge fund, but on average we completed about 60 total Trade Ideas per year from 2014-2020. These trades were divided between Core I, Core II, III, IV and V.
No. Statistics show that this approach is not profitable long-term for most traders.
No. This can be a setup for disaster. Once the market falls quickly, most trades correlate. Moreover, it is a nightmare to manage this type of portfolio.
Usually from 1% to 5% per trade, but there is no guarantee of returns.
Usually from 10% to 200% per trade, but there is no guarantee of returns.
Our method typically profits more than credit spreads because risk is more controlled.
Credit spreads are exposed to great risk, but our trades are hedged. When the market crashes, put verticals can lose up to 100% and cause severe drawdowns on an account, but our conservative approach will typically will lose less than 3%. Some of our methods are designed to profit over a market crash. Our method is scalable and safeguarded while credit spreads are not. Credit spreads are far more directional than our trades. Our methods also take advantage of volatility skew and higher order Greeks, which credit spreads do not, by design.
Yes. Our trading methods are specifically designed to maximize the benefits of portfolio margin.
From 2014 to 2020 we experienced a 98% win rate for the Trade Ideas service in approximately 500 trades, during the forward, paper trading test.
If your knowledge of options is solid, then you should be able to understand our system within a few weeks, but it could take a year or more to become a master trader. If this is your passion, you can do it.
We can create trades under $1,000 if needed. Just ask us how when you are part of the SJ Options course.
We have a few different memberships as follows: